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2024-01-31-accounts

Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

PURE HEARTS CHARITY TRUSTEE ANNUAL REPORT

For the period 1st February 2023 - 31st January 2024

Overview

The trustees of Pure Hearts are pleased to present the Annual Report for the period of 1st February 2023 to 31st January 2024. This year has seen good growth in our financial stability, the expansion of our retreats, and the introduction of new initiatives aimed at deepening our community engagement. Our mission to support and empower women through faith-based retreats and community projects continues to thrive, impacting lives across the UK and beyond.

Trustees:

Financial Growth and Management

Increase in Giving:

This year, Pure Hearts experienced a significant increase in giving, which has been instrumental in expanding our outreach and impact. We successfully integrated Gift Aid into our donations through the Stewardship giving platform, maximizing the value of contributions.

HMRC Registration:

A pivotal development this year was our registration with HMRC for Gift Aid, allowing us to claim additional funds on eligible donations. This has further bolstered our financial resources, enabling us to subsidize retreat costs for our team members and support more women in attending our events.

Financial Stewardship:

The improvements in our financial management have allowed us to continue expanding our programs and providing support where it is most needed. With these additional funds, we have been able to enhance the quality of our retreats and extend sponsorships to a broader group of women.

Retreats and Key Events

Winter Retreat - February 2023:

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Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

Summer Retreat - August 2023:

Jael and Co. Community

Continued Growth:

Jael and Co., our leadership community for women, continued to grow and thrive throughout the year. The platform remains a key part of our work, offering monthly sessions with dynamic guest speakers on topics ranging from leadership to spiritual development. The community now includes an even wider range of women who are benefiting from the support and resources provided.

New Initiatives and Future Vision

Monthly Worship and Word Community:

Looking ahead, the trustees are excited to announce the development of a new Monthly Worship and Word Community. This initiative aims to create a regular gathering space for

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Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

women & men to come together for worship, prayer, and biblical teaching. Unlike Jael and Co., which focuses on leadership, this community will provide spiritual nourishment and fellowship on a broader scale. We anticipate that this platform will further strengthen our community, offering consistent support and engagement outside of our retreats.

Expanding Our Reach:

Building on the successes of this year, Pure Hearts is committed to expanding its reach and impact. The increasing diversity of our retreat participants, including men and families, reflects the growing influence of our ministry. We plan to continue developing programs that cater to the spiritual and emotional needs of all attendees while maintaining the quality and depth that our community has come to expect.

Ongoing Financial Stewardship:

The trustees will maintain a strong focus on financial stewardship, ensuring that the resources entrusted to us are managed effectively to support our mission. The increased giving and successful implementation of Gift Aid have placed us in a robust financial position, which we will continue to build upon in the coming year.

Conclusion

The period from February 2023 to January 2024 has been a year of growth, healing, and new beginnings for Pure Hearts. We are profoundly grateful for the continued support of our donors, partners, and volunteers. Your contributions have been crucial to our success, and we look forward to what the future holds as we continue to serve and empower women and their families through our retreats and community initiatives.

Signed on behalf of the Trustees:

Kika (Rianat) Ashanike Chairperson, Pure Hearts Date: 12th August 2024

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Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name PURE HEARTS members of On accounts for the year 2024 Charity no 1146008 ended (if any) Set out on pages 6&7 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 01 / 2024 .

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 11.08.2024

Signed: Name: Rachel Eniayo Kagutuzi Relevant professional CIMA qualification(s) or body (if any): Address: 157- 159 Masons Hill Bromley BR2 9HY

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October 2018

1

IER

Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

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October 2018

2

IER

Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

ANNUAL ACCOUNTS

2024

© Pure Hearts. All rights reserved.

Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

PURE HEARTS Statement of Financial Activities

For the year ended 31 January 2024

2024 2023
Incoming resources Restricted Unrestricted Total £ Total £
General funds
Donations & similar incoming resources 22,573.86 22,573.86 12,597.29
Chariitable activities 44,465.36 44,465.36 15,608.80
Trading activities 0.00 0.00
Investment income 0.00 0.00
Other incoming resources 0.00 2,800.00
Total incoming resources 0.00 67,039.22 67,039.22 31,006.09
Resources expended
Cost of generating funds
Fundraising costs 0.00 0.00 0.00
Events 0.00 50,980.38 50,980.38 19,773.09
Investment management costs 0.00 0.00 0.00
0.00 50,980.38 50,980.38 19,773.09
Cost of sales
Purchase of goods for resale 0.00 0.00 0.00 0.00
Charitable activities-Direct
Donations, Gifts & benevolences 105.00 105.00 338.26
Total direct costs 0.00 105.00 105.00 338.26
Charitable activities-Indirect
Management Team 0.00 14,225.18 14,225.18 6,782.00
Hospitality 0.00 0.00 0.00
Advertising, Marketing & Promotions 0.00 1,112.24 1,112.24 928.10
Overhead Costs 0.00 506.84 506.84 4,737.64
Total indirect costs 0.00 15,844.26 15,844.26 12,447.74
Other
Depreciation 0.00 0.00 0.00 0.00
Governance costs 0.00 0.00 0.00 0.00
Disposal of assets 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
Total resources expended 0.00 66,929.64 66,929.64 32,559.09
Net incoming / outgoing resources**before transfer£ ** 0.00 109.58 109.58 -1,553.00
Balance b/fwd 2023 £ 0.00 624.85 624.85 2,177.85
Transfers between funds 2024 £ 0.00 0.00 0.00 0.00
Balance c/fwd 2024 £ 0.00 734.43 734.43 624.85

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Ref : | Annual Accounts 2024

Page : 2

Registered Charity Number: 1146008 .

Docusign Envelope ID: 8D942F14-27A1-4724-B4E4-65699F667CAA

PURE HEARTS
Balance Sheet
As at 31 January 2024
Assets
Intangible assets
Tangible assets
Total Assets
Current assets
Debtors
Cash at bank and in hand
Current liabilitieswithin one year
Sundry
Net Current Assets
CREDITORS - over one year
Creditor
NET ASSETS
Funds
Restricted
Unrestricted
MEMBERS' FUNDS
2024
£
0
0
0
734
734
0
734
0
734
0
734
734
2023
£
0
0
0
625
625
0
625
0
625
0
625
734 625

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Ref : | Annual Accounts 2024

Page : 3

Registered Charity Number: 1146008 .