##
|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|6|
|Report ofthe Independent
Auditors|9|lo|12|
|Statement of Financial Acgvltles||13||
|Balance Sheet||14||
|Cash Fknv Statement||16||
|Notes lo the Cash Flow Statement||16||
|Notes lo the Financtal Statements|17|to|27|
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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restdcted|Total|Total|
||||||Notes|fund
6|funds
6|funds
f|funds|
|INCOME AND ENDOWMENTS||||FROM||||||
|DonaUons|and legacies||||4|561,906|116,293|878,199|876,136|
|Charitable|activities||||5|161,697||161,697|77,355|
|Investment|income||||6|10,656||10,656|8,968|
|Total||||||734,259|116,293|850,552|962,457|
|EXPENDITURE ON||||||||||
|Raising funds||||||||||
|Fundralsing|costs||||7|338,362||338,362|263,028|
|Investment|management||costs||8|5,698||5,698|5,828|
|||||||344,060||344,060|268,858|
|Charitable|activities|||||||||
|Governance|cost|||||3,999||3,999|3,912|
|Charitable|actlvlges|||||480,224|78,275|558,499|896,658|
|Family support services||||||129,951|44,950|174,901|234,393|
|Total||||||958,234|123,225|1,081,459|1,203,819|
|Net gains/(losses)||on Investments||||(67,829)||(67,829)|48,153|
|NET INCOME/(EXPENDITURE)||||||(291,804)|(6,932)|(298,736)|(193,209)|
|RECONCILIATION||OF|FUNDS|||||||
|Total funds|brought|forward||||725,638|8,923|734,581|927,770|
|TOTAL FUNDS CARRIED FORWARD||||||433,834|1,991|435,825|734,561|
##
|Children's
Heart Sur e
Fund
—
""
"L
31 December 2022||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restdcted|Total|Total|
|||fund|funds|funds|funds|
||Notes|2|6|f|6|
|FIXEDASSETS||||||
|Intangible
assets|16|168||168|212|
|Tangible assets|17|20,666||20,888|15,766|
|Investments|18|664,246||664,246|670,117|
|||685,080||685,080|686,117|
|CURRENT ASSETS||||||
|Stocks|19|16,849||16,849|18,650|
|Deblors|20|29,626|1,990|31,616|30,858|
|Cash at bank and In hand||170,615||170,615|469,296|
|||217,090|1,990|219,080|518,804|
|CREDITORS||||||
|Amounts
falling due within one year|21|(468,335)||(468,335)|(470,360)|
|NET CURRENT ASSETS||(251,245)|1,990|(249,255)|48,444|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|433,835|1,990|435,825|734,561|
|NET ASSETS||433,835|1,990|435,825|734,561|
|FUNDS|23|||||
|Unrestricted
funds||||433,835|725,638|
|Restricted
funds||||1,990|8,923|
|TOTAL FUNDS||||435,825|734,561|
##
|for the Year Ended 31 Dece|mber 2
2||||
|---|---|---|---|---|
|||Notes|2022f|2021f|
|Cash flows from operating|activities||||
|Cash generated
from operaUons||1|(220,541)|25,110|
|Net cash (used In)/provided|by operating|acUvltles|(220,541)|25,110|
|Cash flows from investing|activities||||
|Purchase
oftangible
fixed assets|||(16,181)|(794)|
|Purchase
offixed asset Investments|||(168,350)|(148,523)|
|Sale oftangible
fixed assets||||922|
|Sale offixed asset Investments|||96,163|135,088|
|Other cash movements
on Investments|||10,238|11,515|
|Interest received||||75|
|Net cash used
In investing
activities|||(78,140)|(1,717)|
|Change
In cash and cash|equivalents|In|||
|the reporting
period|||(298,681)|23,393|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||469,296|445,903|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||170,615|469,296|
##
##
##
|Ended 31 Dece|mber 2022|mber 2022|mber 2022|mber 2022|mber 2022|mber 2022|mber 2022|mber 2022|
|---|---|---|---|---|---|---|---|---|
|RECONCILIATION|OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATTNG ACTIVITIES||||||||
||||||||2022
f|2021
6|
|Net expenditure
for||the reporting|||period (as per the Statement of||||
|Financial Actlvltles)|||||||(298,736)|(193,209)|
|Adjustments
for:|||||||||
|Depreclstlon
charges|||||||11,302|12,667|
|Losses/(gain)
on Investments|||||||67,829|(48,153)|
|Loss on disposal of|fixed assets||||||46|487|
|Interest received||||||||(75)|
|Decrease/gncrease)||In stocks|||||1,801|(8,289)|
|Increase
in debtors|||||||(758)|(14,422)|
|(Decrease)/Increase||In creditors|||||(2,025)|274,104|
|Net cash (used In)/provided||||by operations|||(220,541)|25,110|
|ANALYSIS OF CHANGES|||IN|NET|FUNDS||||
||||||At|1/1/22|Cash flow|At 31/12/22|
|||||||f|f|6|
|Net cash|||||||||
|Cash st bank end in||hand|||469,296||(298,681)|170,615|
||||||469,296||(298,681)|170,615|
|Total|||||469,296||(298,681)|170,615|
##
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##
||DONATIONS|DONATIONS|AND|LEGACIES|LEGACIES||||
|---|---|---|---|---|---|---|---|---|
||||||||2022f|2021f|
||Donations||||||545,510|697,694|
||Gift aid||||||28,399|44,571|
||Legacies||||||12,719|5,000|
||Grants||||||91,571|128,871|
||||||||678,199|876,138|
|5.|CHARITABLE ACTIVITIES||||||||
||||||||2022|2021|
||||||||6|6|
||Fundralsing||events||||158,144|72,341|
||Other Income||||||3,553|2,985|
||Furlough
Income|||||||2,029|
||||||||161,697|77,355|
|6.|INVESTMENT INCOME||||||||
||||||||2022|2021|
||||||||6||
||Income from||listed|investments|||10,656|8,891|
||Deposit account interest|||||||75|
||||||||10,656|8,986|
||FUNDRAISING COSTS||||||||
||||||||2022
8|2021f|
||Staff costs||||||243,228|189,738|
||Fundrakving||appeal|and event costs|||61,252|44,797|
||Media and|communication|||costs||8,942|7,458|
||General
fundralslng|||costs|||24,940|21,035|
||||||||338,362|263,028|
|8.|INVESTMENT MANAGEMENT|||||COSTS|||
||||||||2022f|2021
2|
||Investment|management|||||5,698|5,828|
##
##
##
|||||||Grant|||
|---|---|---|---|---|---|---|---|---|
|||||||funding of|||
|||||||activities|Support||
||||||Direct|(see note|costs (see||
||||||Costs
f|10)
8|note 11)
8|Totals
f|
|Governance|cost||||||3,999|3,999|
|Charitable|activities|||||234,252|324,247|558,499|
|Family supporlservlces|||||153,049||21,852|174,901|
||||||153,049|234,252|350,098|737,399|
|GRANTS PAYABLE|||||||||
||||||||2022
8|2021f|
|Charitable|activities||||||234,252|461,409|
|The total grants
paid||to Inslhugons||during|the year was as follows:||||
||||||||2022
8|2021f|
|Equipment|grants||||||94,705|387,194|
|Course attendancel||training|grants||||8,817|2,075|
|Other grants|||||||114,025|14,425|
||||||||217,547|403,694|
##
||||||2022f|2021f|
|---|---|---|---|---|---|---|
|Course attendancel||training|grants|||40,000|
|Family support|||||16,705|17,715|
||||||16,705|57,715|
|SUPPORT|COSTS||||||
||||||Governance||
|||||Management
f|costs
8|Totals
f|
|Governance|cost||||3,999|3,999|
|Charitable|adivtties|||324,247||324,247|
|Family support services||||21,852||21,852|
|||||346,099|3,999|350,098|
##
##
|Support costs, Include|d
In|the ab|o|ve, are as|frfilow|s:||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||||||||Famfiy|||
|||||Governance||Charitable|suppod|Total|Total|
|||||cost||activities|services|activities|activities|
|||||6|||5|f|2|
|Wages||||||141,284|6,325|147,609|102,277|
|Social security||||||14,562||14,562|9,113|
|Pensions||||||21,604||21,604|25,620|
|Grant administration|costs|||||6,582||6,582|6,482|
|Other expenses||||||128,867|15,527|144,394|90,059|
|Amorllsatlon
ofIntangible||||||||||
|fixed assets||||||44||44|44|
|Depreciation
oftangible||||||||||
|assets||||||11,258||11,258|12,623|
|Loss on disposal oftangible||||||||||
|fixed assets||||||46||46||
|Loss on sale offixed|assets||||||||487|
|Trustees' expenses||||1,499||||1,499|1,412|
|Auditors'
remunerefion||||2,500||||2,500|2,500|
|||||3,999||324,247|21,852|350,098|250,617|
|NET INCOME/(EXPENDITURE)||||||||||
|Net Income/(expenditure)||is stated||efier charging/(crediting):||||||
|||||||||2022f|2021
2|
|Auditors'
remunerafion||||||||2,500|2,500|
|Depreciation
-owned|assets|||||||11,258|12,623|
|Defidt on disposal of|fixed|assets||||||46|487|
|CHSF Trademark
amortisation||||||||22|22|
|Katie Bear trademark|amoAlsatlon|||||||22|22|
|TRUSTEES' REMUNERATION|||AND BENEFITS|||||||
|||||||||2022f|2021f|
|Governance
-Trustees expenses||||reimbursed||||1,090|990|
|Trustees professional|Indemnlly|||||||409|422|
|||||||||1,499|1,412|
|STAFF COSTS||||||||||
|||||||||31/12/22
f|31/12/21
f|
|Wages and salaries||||||||410,510|310,414|
|Social security costs||||||||36,347|24,511|
|Other pension coals||||||||61,293|52,345|
|||||||||498,150|387,270|
|The average
monthly|number of||employees||during|the year was as fofiows:||||
|||||||||2022|2021|
|Total||||||||15|13|
||||||||||Page 22|
##
##
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##
##
##
##
|INTANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Kafie||
||CHSF|Bear||
||Trademark|trademark|Totals|
||f|f|6|
|COST||||
|At 1 January 2022 and 31 December 2022|220|220|440|
|AMORTISATION||||
|At 1 January 2022|114|114|228|
|Charge for year|22|22|44|
|At 31 December 2022|136||272|
|NET BOOK VALUE||||
|At 31 December 2022|84|||
|At 31 December 2021|106||212|
|TANGIBLE FIXEDASSETS||||
||Fixtures|||
||anti|||
||flfilngs
f|Equipment
f|Totals
6|
|COST||||
|At 1 January 2022|2,782|53,703|56,485|
|Addlfions|2,346|13,835|16,181|
|D la po sais|(318)|(4,425)|(4,743)|
|At 31 December 2022|4,810|63,113|87,923|
|DEPRECIATION||||
|At 1 January 2022|1,418|39,279|40,697|
|Charge for year|991|10,267|11,258|
|Efimlnated
on disposal|(273)|(4,425)|(4,698)|
|At 31 December 2022|2,136|45,121|47,257|
|NET BOOK VALUE||||
|At 31 December 2022|2,674|17,992|20,666|
|At 31 December 2021|1,364|14,424|15,788|
||||Page 23|
|(or h|e Y
e
D
bar 2022|e Y
e
D
bar 2022|e Y
e
D
bar 2022|||
|---|---|---|---|---|---|
|18.|FDtED ASSET INVESTMENTS|||||
|||||2022|2021|
||||||2|
||Shares|||651,486|647,117|
||Otherlnvestments|||12,760|23,000|
|||||664,246|670,«7|
||Additional
Information||as follows:|||
||||||Listed|
||||||Investments|
||||||2|
||MARKET VALUE|||||
||At 1 January 2022||||647,117|
||AddlUons||||168,350|
||Dlsposals||||(96,152)|
||Revaluations||||(67,829)|
||At 31 December 2022||||651,486|
||NET BOOK VALUE|||||
||At 31 December 2022||||651,486|
||At 31 December 2021||||647,117|
||There were Investment||assets outside the UK.|||
||Overseas
Equities
UK Equlths
totalled|totalled to the amount of8f95,065(2021:f217,386).
to Ihe amount off145,371(2021:6109,843).||||
||Other investments|totalled to the amount of6311,590(2021:f319,888).||||
||||||Listed|
|---|---|---|---|---|---|
||||||investments|
||||||f|
|Valuation|In|2022|||651,486|
|Investments||(neither|listed nor unlisted) were as follows.|||
|||||2022|2021|
|||||f|f|
|AI1 January||2022||23,000|34,418|
|AddiNons||||(110,672)|(148,523)|
|D lap os at s||||96,153|135,088|
|Cash at bank movements||||(5,654)|(6,932)|
|Transfers||||9,933|8,949|
|||||12,760|23,000|
##
##
|fr
19.|e
e
STOCKS|1 Decembe|r 2022|||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f|
||Stocks|||16,849|18,650|
|20.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||||2022
8|2021f|
||Prepayments|and accrued Income||31,616|30,858|
|||||31,616|30,858|
##
||||||||||31/12/22|31/12/21|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||6|f|
||Grant appllcagons|payable|||||||449,499|385,654|
||Accruals end deferred||income||||||17,670|83,011|
||Other creditors||||||||1,166|1,695|
||||||||||468,335|470,360|
|22.|LEASING AGREEMENTS||||||||||
||Minimum
lease payments|||under|non-cancellable|operating|leases fell due as||follows:||
||||||||||2022|2021|
||||||||||f|f|
||Within one year||||||||17,855|21,360|
||Between one and five||years||||||186|16,569|
||||||||||18,041|37,929|
|23.|MOVEMENT
IN FUNDS||||||||||
||||||||||Net||
||||||||||movement|At|
||||||||At 1/1/22
2||In funds
f|31/12/22
f|
||Unrestricted
funds||||||||||
||General
fund||||||725,638||(291,803)|433,835|
||Restricted funds||||||||||
||INR kits|||||||923|(923)||
||Kardla mobile devices||||||||91||
||Family support worker||||||8,000||(8,000)||
||General expenditure|supporting|||children||||1,568|1,568|
||Congenital
Heart Unit||fund||||||331|331|
||||||||8,923||(6,933)|1,990|
||TOTAL FUNDS||||||734,561||(298,736)|435,825|
##
|MOVEMENT
IN FUNDS - continu|MOVEMENT
IN FUNDS - continu|MOVEMENT
IN FUNDS - continu|MOVEMENT
IN FUNDS - continu|ed|ed|||||
|---|---|---|---|---|---|---|---|---|---|
|Net movement
in funds, induded||||In the above are ss follows:||||||
||||||Incoming|Resources|Gains and|Movement||
||||||resources
f|expended
6|losses
f|In funds
f||
|Unrestricted
funds||||||||||
|General
fund|||||734,259|(958,233)|(67,829)|(291,803)||
|Restricted funds||||||||||
|INR kits|||||4,716|(5,639)||(923)||
|Kardla mobile devices|||||5,872|(5,781)|||91|
|Welcome packs|||||1,839|(1,839)||||
|Katle bears|||||3,089|(3,089)||||
|Famgy support worker|||||2,602|(10,602)||(8,000)||
|MRI exercise bike|||||13,206|(13,206)||||
|General expenditure|suppor8ng||children||10,250|(8,682)||1,568||
|ECMO landing
monitor|||||23,000|(23,000)||||
|Parent accomodstlon|||||2,180|(2,180)||||
|Ffayroom equipment|||||1,366|(1,366)||||
|Developmental
toys|||||3,664|(3,664)||||
|IPads|||||1,837|(1,837)||||
|Eckersley House|||||10,000|(10,000)||||
|Halkwveen
event|||||1,200|(1,200)||||
|Equipment
for hospital||accommodation||||(84)||||
|Wharfedale
ECHO|||||27,500|(27,500)||||
|Congenital
Heart Unit|fund||||331||||331|
|Christmas
party|||||1,700|(1,700)||||
|Katle bear medals|||||992|(992)||||
|Katle bear certl8cates|for patients||||865|(865)||||
||||||116,293|(123,226)||(6,933)||
|TOTAL FUNDS|||||850,552|(1,081,459)|(67,829)|(298,736)||
|Comparatlves
for movement|||In|funds||||||
||||||||Net|||
||||||||movement|At||
|||||||At 1/1/21|In funds|31/12/21||
|||||||f|6|f||
|Unrestricted
funds||||||||||
|General
fund||||||917,922|(192,284)|725,638||
|Restricted funds||||||||||
|INR kits||||||5,884|(4,961 )||923|
|Welcome packs||||||1,622|(1,622)|||
|Ketle bears||||||500|(500)|||
|Bookcase and books||||||589|(589)|||
|Wegbelng
sessions for||families||||647|(647)|||
|Family support
worker||||||606|7,394|8,000||
|||||||9,848|(925)|8,923||
|TOTAL FUNDS||||||927,770|(193,209)|734,561||
##
##
##
##
|Comparative
nel mo|vement
In f|unds, Induded|In the above are|as follows:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources
f|expended
f|losses
F|In funds
6|
|Unrestricted
funds|||||||
|General
fund|||760,576|(1,001,013)|48,153|(192,284)|
|Restricted funds|||||||
|INR kits|||3,842|(8,803)||(4,961)|
|Kardla mobile devices|||5,461|(5,461)|||
|Welcome packs
Tesco vouchers
for|cardiac patients||3,143
1,000|(4,765)
(1,000)||(1,622)|
|Baby MR I pod|||20,475|(20,475)|||
|Kage bears|||560|(1,060)||(500)|
|Fish tank, bears, stickers|||500|(500)|||
|Bookcase and books||||(589)||(589)|
|Wellbelng
sessions|for families|||(647)||(647)|
|Family support worker|||8,000|(606)||7,394|
|Headlight
camera|||11,250|(11,250)|||
|Echo software|||40,500|(40,500)|||
|MRI exendse bike|||18,304|(18,304)|||
|Babylherm|||9,856|(9,856)|||
|General expenditure|supporting|children|9,000|(9,000)|||
|Breastfeedlng
initiative|||17,167|(17,167)|||
|Radio-frequency
machine|||5,000|(5,000)|||
|ECMO landing
monitor|||7,500|(7,500)|||
|Camp
In the cloud|||1,115|(1,115)|||
|Fellowship|||10,000|(10,000)|||
|Parent accomodatlon|||29,208|(29,208)|||
||||201,881|(202,806)||(925)|
|TOTAL FUNDS|||962,457|(1,203,819)|48,153|(193,209)|
##
##