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2024-08-31-accounts

Company registration number: 07728160 Charity registration number: 1143561

X-PERT Health Training and Education Ltd

(A company limited by guarantee)

Annual Report and Financial Statements for the Year Ended 31 August 2024

Hargreaves Brown & Benson Chartered Accountant 1 Bond Street Colne Lancashire BB8 9DG

X-PERT Health Training and Education Ltd

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6 to 7
Balance Sheet 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16 to 18

X-PERT Health Training and Education Ltd

Reference and Administrative Details

Trustees Dr A Shaw
Dr S Lawrence
Mrs L A Tang
Mr W Simner
Dr M F S Shubita
Secretary Dr S Lawrence
Charity Registration Number 1143561
Company Registration Number 07728160
The charity is incorporated in England and Wales.
Registered Office Linden Mill
Linden Road
Hebden Bridge
West Yorkshire
HX7 7DP
Accountants Hargreaves Brown & Benson
Chartered Accountant
1 Bond Street
Colne
Lancashire
BB8 9DG

Page 1

X-PERT Health Training and Education Ltd

Trustees' Report Incorporating Directors' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 August 2024.

Objectives and activities

The purpose of the charity is for the benefit of the public, the advancement of education amongst healthcare professionals and the public by raising awareness and the provision of training and associated products designed to manage diabetes, obesity, heart disease and other long-term medical conditions, thereby equipping them with the knowledge, skills, confidence and resources to prevent, treat and manage these conditions.

The charity operates throughout the United Kingdom and overseas providing eduction, training and the provision of resources to educators facilitating the development of competence in evidence-based healthcare and enabling the empowerment of people to take control and self-manage their condition resulting in improved health and well-being.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Financial review

The charities activities are reliant upon fees charged for services provided and the supply of resources to healthcare professionals and the public which amount to £257,051 (2023 - 308,872).

For the year ended 31 August 2024 the charity reported a net deficit generated of £78,518 (2023 - £31,909).

At 31 August 2024 the charity had unrestricted retained funds of £64,866 (2023 - £143,384) and retained funds, in respect of deferred grants still to be activated of £0 (2023 - £0).

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Dr A Shaw Dr S Lawrence Mrs L A Tang (appointed 25 September 2023) Mr W Simner (appointed 25 September 2023) Dr M F S Shubita

Secretary:

Dr S Lawrence

Page 2

X-PERT Health Training and Education Ltd

Trustees' Report Incorporating Directors' Report

Structure, governance and management

Nature of governing document

The charity is a company limited by guarantee governed by its Memorandum and Articles of Association dated 3 August 2011 and amended 13 March 2012. It is a registered charity with the Charity Comission. The company's members, including Trustees, each agree to contribute a sum not exceeding £10 in the event of ceasing to be a member or of the charity winding up.

Recruitment and appointment of trustees

The appointment of Trustees is by ordinary resolution as set out in the Articles of Association. A Trustee must be a natural person aged 16 years or older. The Articles of Association require the number of Trustees to be not less than three.

Organisational structure

The charity is managed by Trustees. The daily administration of the charity has been delegated to Dr Trudi Deakin (Hons) Ad Dip PGCE Phd RD who occupies the role of Chief Executive of the charity. Dr Deakin is a specialist in the research, development, implementation and audit of structured education for the public and healthcare professionals. Dr Deakin has a degree in Nutrition and Dietetics, a doctorate in diabetes and is a qualified teacher.

Statement of trustees' responsibilities

The trustees (who are also the directors of X-PERT Health Training and Education Ltd for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 3

X-PERT Health Training and Education Ltd

Trustees' Report Incorporating Directors' Report

The annual report was approved by the trustees of the charity on 30 April 2025 and signed on its behalf by:

Dr Alan Shaw

Dr Alan Shaw (May 2, 2025 08:49 GMT+1)......................................... Dr A Shaw Trustee

Page 4

X-PERT Health Training and Education Ltd

Independent Examiner's Report to the trustees of X-PERT Health Training and Education Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company'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 ICAEW, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of X-PERT Health Training and Education Ltd as required by section 386 of the 2006 Act; or

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

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

Steven Wood (May 8, 2025 07:19 GMT+1)...................................... Steven Wood FCA Partner

Hargreaves Brown & Benson, Chartered Accountants, 1 Bond Street, Colne, Lancashire BB8 9DG

30 April 2025

Page 5

X-PERT Health Training and Education Ltd

Statement of Financial Activities for the Year Ended 31 August 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
Other trading activities
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13		 Unrestricted
funds
£
25,516
276,182
23,601
325,299
(401,859)
(1,959)
(403,818)
(78,519)
(78,519)
143,384
64,865		 Total
2024
£
25,516
276,182
23,601
325,299
(401,859)
(1,959)
(403,818)
(78,519)
(78,519)
143,384
64,865

The notes on pages 9 to 15 form an integral part of these financial statements. Page 6

X-PERT Health Training and Education Ltd

Statement of Financial Activities for the Year Ended 31 August 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
Other trading activities
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13		 Unrestricted
funds
£
12,220
332,799
22,103
367,122
(396,847)
(2,184)
(399,031)
(31,909)
(31,909)
175,293
143,384		 Total
2023
£
12,220
332,799
22,103
367,122
(396,847)
(2,184)
(399,031)
(31,909)
(31,909)
175,293
143,384

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 13.

The notes on pages 9 to 15 form an integral part of these financial statements. Page 7

X-PERT Health Training and Education Ltd

(Registration number: 07728160) Balance Sheet as at 31 August 2024

Note
Fixed assets
Tangible assets
7
Current assets
Stocks
8
Debtors
9
Cash at bank and in hand
10
Creditors: Amounts falling due within one year
11
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after more than one year
12
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
13		 2024
£
6,364
33,550
40,507
68,024
142,081
(49,713)
92,368
98,732
(33,867)
64,865
64,865
64,865		 2023
£
7,014
48,028
26,323
158,392
232,743
(56,947)
175,796
182,810
(39,426)
143,384
143,384
143,384

For the financial year ending 31 August 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 6 to 15 were approved by the trustees, and authorised for issue on 30 April 2025 and signed on their behalf by:

Dr Alan Shaw

Dr Alan Shaw (May 2, 2025 08:49 GMT+1)......................................... Dr A Shaw Trustee

The notes on pages 9 to 15 form an integral part of these financial statements.

Page 8

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

1 Charity status

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

The address of its registered office is: Linden Mill Linden Road Hebden Bridge West Yorkshire HX7 7DP

These financial statements were authorised for issue by the trustees on 30 April 2025.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

X-PERT Health Training and Education Ltd 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.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 9

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable 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, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

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

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

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.

Tangible fixed assets

Tangible fixed assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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 Fixtures, fittings and equipment 15% of cost per annum

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Page 10

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

Trade debtors

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

Trade 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 trade debtors 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 receivables.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity 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.

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Foreign exchange

Transactions in foreign currencies are recorded at the rate of exchange during the period of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.

Fund structure

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

Page 11

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

Pensions and other post retirement obligations

The charity makes contributions to a defined contribution pension plan under which contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employess the benefits related to employee service in the current and prior periods.

Contributions to defined contribution pension plans are recognised in the Statement of Financial Activities as an employee benefit expense when they fall due.

3 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.

4 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2024
£
181,387
10,042
14,071
205,500		 2023
£
185,355
10,844
14,194
210,393

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Office and management 2024
No
8		 2023
No
9

No employee received emoluments of more than £60,000 during the year.

5 Independent examiner's remuneration

Examination of the financial statements 2024
£
1,959		 2023
£
2,184

Page 12

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

6 Taxation

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

7 Tangible fixed assets

Cost
At 1 September 2023
Additions
Disposals
At 31 August 2024
Depreciation
At 1 September 2023
Charge for the year
Eliminated on disposals
At 31 August 2024
Net book value
At 31 August 2024
At 31 August 2023
8
Stock
Stocks
9
Debtors
Trade debtors
Due from associated undertakings
Prepayments
VAT recoverable		 Furniture and
equipment
£
37,724
1,896
(2,517)
37,103
30,710
2,206
(2,177)
30,739
6,364
7,014
2024
£
33,550
2024
£
13,392
-
27,115
-
40,507		 Furniture and
equipment
£
37,724
1,896
(2,517)
37,103
30,710
2,206
(2,177)
30,739
6,364
7,014
2024
£
33,550
2024
£
13,392
-
27,115
-
40,507		 Total
£
37,724
1,896
(2,517)
37,103
30,710
2,206
(2,177)
30,739
6,364
7,014
2023
£
48,028
30,739
6,364
7,014
2024
£
33,550
2024
£
13,392
-
27,115
-
40,507
2023
£
10,656
1,347
13,028
1,292
26,323

Page 13

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

10 Cash and cash equivalents

Cash on hand
Cash at bank		 2024
£
314
67,710
68,024		 2023
£
408
157,984
158,392

11 Creditors: amounts falling due within one year

Bank loans
Trade creditors
Other taxation and social security
Other creditors
Accruals
12 Creditors: amounts falling due after
Bank loans
13 Funds
Unrestricted funds
General
Unrestricted funds
General		 one year
Balance at 1
September
2023
£
143,384
Balance at 1
September
2022
£
175,293		 Incoming
resources
£
325,299
Incoming
resources
£
367,122		 2024
£
5,328
1,036
3,971
4,645
34,733
49,713
2024
£
33,867
Resources
expended
£
(403,818)
Resources
expended
£
(399,031)		 2023
£
5,328
12,453
3,591
5,734
29,841
56,947
2023
£
39,426
Balance at 31
August 2024
£
64,865
Balance at 31
August 2023
£
143,384

Page 14

X-PERT Health Training and Education Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

14 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets		 Unrestricted
funds
General
£
6,364
142,081
(49,713)
(33,867)
64,865
Unrestricted
funds
General
£
7,014
232,743
(56,947)
(39,426)
143,384		 Total funds at
31 August
2024
£
6,364
142,081
(49,713)
(33,867)
64,865
Total funds at
31 August
2023
£
7,014
232,743
(56,947)
(39,426)
143,384

15 Related party transactions

Included in staff costs for the period, emoluments were paid to key management personnel totalling £22,906 (2023: £22,906).

During the period the Charity incurred research and development costs totalling £60,000 (2023 : £60,000) from a connected company controlled by key management.

Page 15

X-PERT Health Training and Education Ltd

Detailed Statement of Financial Activities for the Year Ended 31 August 2024

Income and Endowments from:
Donations and legacies (analysed below)
Other trading activities (analysed below)
Other income (analysed below)
Total income
Expenditure on:
Costs of generating funds (analysed below)
Charitable activities (analysed below)
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
2024
£
25,516
276,182
23,601
325,299
(401,859)
(1,959)
(403,818)
(78,519)
(78,519)
143,384
64,865		 Total
2023
£
12,220
332,799
22,103
367,122
(396,847)
(2,184)
(399,031)
(31,909)
(31,909)
175,293
143,384

This page does not form part of the statutory financial statements. Page 16

X-PERT Health Training and Education Ltd

Detailed Statement of Financial Activities for the Year Ended 31 August 2024

Donations and legacies
Appeals and donations
Other trading activities
Fees and supplies
Interest on cash deposits
Management charges
Other income
Rental income
Raising funds
Opening stock
Purchases
Closing stock
(Profit)/loss on disposal of tangible fixed assets
Wages and salaries
Staff NIC (Employers)
Staff pensions (Defined contribution)
Rent
Rates
Water rates
Light, heat and power
Insurance
Repairs and renewals
Telephone and fax
Office expenses
Computer software and maintenance costs
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Cleaning
Research and development
Travel and subsistence
Advertising		 Total
2024
£
25,516
25,516
257,051
3,667
15,464
276,182
23,601
23,601
48,028
25,830
(33,550)
340
181,387
10,042
14,071
30,000
114
1,035
6,834
2,564
2,942
2,366
612
26,675
4,461
1,221
35
213
64,557
1,821
4,843		 Total
2023
£
12,220
12,220
308,872
2,071
21,856
332,799
22,103
22,103
21,621
69,523
(48,028)
386
185,355
10,844
14,194
30,000
27
809
4,725
2,516
544
2,102
612
21,577
6,157
1,205
35
342
60,040
580
5,504

This page does not form part of the statutory financial statements. Page 17

X-PERT Health Training and Education Ltd

Detailed Statement of Financial Activities for the Year Ended 31 August 2024

Legal and professional fees
Bank charges
Loan interest
Foreign currency (gains)/losses
Depreciation of fixtures and fittings
Depreciation of office equipment
Charitable activities
Accountancy fees		 Total
2024
£
-
2,153
1,059
-
358
1,848
401,859
(1,959)
(1,959)		 Total
2023
£
101
1,860
1,193
(115)
354
2,784
396,847
(2,184)
(2,184)

This page does not form part of the statutory financial statements. Page 18