115n FREEMAN HEART & LUNG TRANSPLANT ASSOCL4TION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
EE AN HEART & LUNG TRANSPLANT ASSOCIATION . LEGAL AND ADMINISTRATIVE INFORMATION M SauNl¢rs D Bdj A Lamberf SKee L Hertw 1157894 Prln¢Wal addm¥ 8 Harebell Meado$ Nfj*Aydiffe C¢xJnty Durham I)L5 4UG Robson Laidler AcCO&rs Limiied Fewwood House Femwood Road Jesmond Newcasiie upon Tyne TY Wear England NE2 ITJ
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION c4TENT$
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 ocfoBER 2024 statements furts)wr 31 O&ober 2024. Freeinan Heart & Ttoftsplant A8$allOn 15 a regsteRd thafity (rewa¥m 1157894> wid Is i (CIO). oftr• CIO an, Ib) ProvidiTha spedfic finala1 asststanc, If needed. but onty for ts mffchase of medlcal equwnt 10 (c} ProwdiThJ and 4gSiStir¥J, kn possible, in Ihe wov4sion of amÈnkn kn IhÉ Freeman Flospital, 2. To advaNx the educaibn ol the publle in Ihe needs of transplant p8trerrt3 anfl to rnolkn. enrIM. losler 3. Tt preseNation aj protection ol go1 heaHh and the relbef of slckness by prom by ary tharttab PubHc ben4fit A¢bIorne and porfomwn¢0 the year 2023 - 2024 Uie Board fo(xJsed oft: . FHLTA Sww¥J event Dn Teeslide Piincess rfver C8e c05ttr¥ £1,270.76 . was a srESS * FwMhx¥g of 10 Iwt boxex (nwlial ot a oist of £54,490.IX). . LMJ tranwart frxtye untt for PfdoTuing life of retriev&d lungs at a cost of £3.417.60 . support in the .. sw W al a t of £29) per . of WIFI for Ilats 8NI l>olh caravans for Ihe end of ltte yew, foYcthvJ $Ided fiHKl$ forlPvs £72,16 ts¥ - ReTrewa lty part exchange) Bay FHLTAslailc c8r?wan and ol at a tatsi )% £51.631.52. • Fees. irwrm arnl malntenm of Ihe 2 FHLTA st*.¢ catavan sited al Bay Hollday Path ar%1 takes C• P•k a a c4J6t of £25.610J
EEMAN HEART a LUNG TRANSPLANT ASSOCIATION TRUSTEES. REPORT (CONIINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 . Ak111 ilwits kn fia15 tab and chairs, mirim$ 81 a cost of £415.88 at teq(t vt . ContlFium ofWIFI for fiats xl both cara¥ans for Ilie ernl vl Ihe year, tollowry trict thls . Potlent aThl support £1.132.65 inCtj1ng support athdls and Cl#ldren's transplant wans wlth purrlw• o 8qutpnwrt to . Offer of up to £10,0 to top w FHLTA trnnsplant $orJ enintskd to $UPPtht utt and clttkl patsants ar¥u#o4 IFr•oman Heart & Lung trarssplatsl. £4,IXXI kn las year so ntrt . Pnt of £300.00 to the tr•tsplant SOC pro yi the way d £10 £2 . Further roN (XA of FHLTA Bags vAth Loye although uThJer tthKW was at a cosl Ot É539.4Jf. These Further foll oul of rnntsl Iwlth IX)Dks free for p8ints WKI famllles rf FHLTA trrylanl e4)mwly al 8 t ofW.6&. . 8rtt¢8h Trdnsplwrt Games tnt ahead th's year m Notttn9ham and the Euroyvi Tr•w)Idrt Games . FHLTA organ donation *eek in 2 maln UeS in Ihe local aiÈa - Metro Cenlfe afKI Eldon . . ewts. dongknns and wEmorials - palw$. tarnilies aThJ surwiws of the FHLTA Iw¥¢ ...
FREE AN HEART & LUNG TRANSPLANT ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 ocfoBER 2024 Flnan¢ial rnvl I how Ihe charity fs rur41ing. Al tr of this fmancial year the FHLTAS acc fewted an incoffE of £271269 * an of £146058. FHLTA to finls irf £40.IXA) during #xs fkMNaal wr. thlch is r8vknl by ts Tr amuelty, to act as a Ixffti to cover, . Casfvllokw. where a must be paid beknv money to ctsver It beth received; Frno régrn at wwe £337871. wlth 1% tttghtt than alm tohold. . IAedical Confer. the FHLTA has desn lo support 8 appIKatIty fr7 ftdlcal Staff N¥fth . £1,1xQ. trnvards costs to Iho 1rt8mational Soc ftsr Heart a4 Tfans¢knn <IStrILT). The Tnfji are short slaffed ai Ihe moment alknthng time Ilas be a potent1 issue. No nRdlcalbn staff appl support alttwugh will make tt avadal)le in ts next fywidal aT. - The FHLTAS plans lo wov¢de al maintain 8 machlne for transplant OUtt has come AGM. to fOrests ar workin9 capltal rU1rements for a pwv)d of 12 months from Ihe date of approv31 of these Rlsks appropriate Controls are in pla to proth reasonabk assuran against frawl gtxl efror. Tr Charlty's pnncipal The main risks asso¢ted vhth Charws Ilnencial as and Iiabllltles a set IXA bekw. The Chartty does Intgrèst rat• Tlsk Tho Chartty In kitwt incJ)n cash can ts affedeij by Mobvnts in interest rates. H<Mev&. Ihe Trustees do nnt Prke Tlsk There IS no signillcart eXpure to chary in the canylng value of finandal l#l*. Crodlt ¥Ssk Llquldty rfsk
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION TRUSTEES, REPORT {CONTINUED} FOR THE YEAR ENDED 31 OCTOBER 2024 Forolgn Curr•n ftsk xrerty. AS a result, no Cti1ty ensw•s Ilwl any styatogy It adopts does nol. #tsk ary of the FuThts plaizd yr Ilepostt at FUTURE PLANS Tt FHLTAaims to the set out in its g0Vw do¢xmrt FHLTA Twstees wll meet regulaty throughout ts yw to revlew the accounts, budget and expeThJiture a9ahlSt b1. The 2024.2025 tAW We have addéd kn c•sts deslgnated for FHLTA8¥wts as IQ: . Plans to hold 3 x ¥Ing everts attosy the UK eoverlng ETwland. 14ixltwn Ireknd and Scolland. Budget golftg tonrd. • DesSgnated funds lor nledlcal researth: . Deswated IuTMts lor FHLTA bags th lovo: . DeSnated fuTrJs kn Mental Heatth: . Desonaled funds kn soclal wother Iransplant patsert support lund . DeSnated for FHLTA pa**7 supp . Oe%gnateil fimds for FHLTA events £ 40.000 00 £ 1000.( £ 1,500.00 £ 8,OfX).00 {w> lo) £ 10,000.00 £ S,{.(} £ 12,500.00 £ 79,gOQQQ
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 ocll>BER 2024 Inolees vhlo ser¥Ed the year to the date of sw1u of Ihe fmanclal Stnw N¥tre: L M¢Leikn D Burdon J Comb (App 2 DBt•nts 2023) . From to tune il th rOSSary for ts Cha1Y to to rep those ha¥e eaher Tlgr0d their twm ol offic, or by way of athicipatkng plarned retirements after Ihe conkn of a si¥ tem of 8 vacancy rJc¢ws, the Board VAI detemNne tto mix of and expeTwKe needed so 8s10 ffi5ure a uly t8am ol TnJstee8 and VAII seek to identify ntli¥Kluals who appear to qualllles a1 Irtterest In t do. After fair assessnwnt by a panel of the Board, a proposed applicant is retx>mmerKled for Twstee Dateo. ..2J) i.J.aS
FREEMAN H LUNG TRANSPLANT AS OCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FREEAIAN HEART & LUNG TRANSPLANT AS50CIATIO I fVPOrt to tho truskes on iny examittab"¢41 of ilip nan¢inl stdtvmp.nls of Fitemafi & Luft# Trwi A¥SOCiatloft (I#¥ for the year vfid&l 31 October 2024, FM)n$lblllll4s bod bai$ of r¢pnrt A¥ trusiW of Ihe rjwlly you are raponse for pworalon vf the llnaf)ciaÈ slatwn¢pA En a¢coiibn¢e Wiiti Ihe requ¥iwYpnts of fhe Ch4¥itkW Al.121 >.01 l Act) l leporl In fewTr.¢t Dlffty ¥xwYiiiiAllon ol lh¢ tharlty's Ilfièn(%al statethent tirtod urthr Sedlon 145 of the 2011 AeA. In cartyin9 followwj all t1 appltcabk fiii&¢tioThs gi¥en by Ihe vthav'ty Commisslun iThy¢f S)ctson 144(5)Ibl nl lh8 2.1)11 Arl. Indop&ndent oxHmltt•¢ ¥talpmBnt. Slnce tl gr£w itU)In6 E250,000 yot%r éxam¥nei n15l a r(wnbai ol a Ilst8d kn $8Cvn 145 of lh& 2011 A¢a. i ¢onmi Ihal l am oualifled to Ltndertakt Ihe ex4mlnHlion bttcauge l 8Tn a inember of tht Ayswaiion of Charteféd Lertlthed is rJrn rjl Ihè Ilsled Ix)Q& I blve ComptEd my extsminalion i ¢onfim) tho1 no iymttérs tta¥e lo iry cu1)nlI7 minhtson givlng rause to ljelkew Ihat In Mny matfjfial respetl.. occuunting YèCOfO8 We rjot kepl In retspect ol Iho tharlly ah iepuliell by .01> 130 of Ihe 2011 A¢,I; Ihe fin&ftrJal staternt,% do tsot acLY%d with IINXk records, or Ibe flnaTicial sialenntS d£N nol c•y wlh the applicabk fequlrem81i1s CQlltrJmhJg Il knm ind C11£nI of accixJnl$ sot OLrt tri fh8iltw lACl$S anpj R&portsl Re9LJlabon¥ 2008 othet than ary wiiiirwik3nt ttwt Ihe cciyffits glve a falr vlilrh Is not a mattgr conBldrtd as part of •xwtsioi), I no C0M$ and have no Ollwr n7attwg In conn&¢lion 1h ihe ex•minaiion to whlth atterf60n hould be drawn in thi r•port In <Jrdor lo nable a PTapv.r Idorst8tid1g of lfv) fina¢wl slat8nrt8 lo be rt¥¢hod.. Nichol$ L°Linnin9ham FCC'A R(thon hCCOtml?n.iy Llmiie£J Feffhycotl HVU FwrTh¥oud Roo N8wca Iipon Ty anil Weor NÈ2 17'J Eln
FREEMAN HEA T & LUNG TRANSPLANT ASSOCIATION STATEMENT OF FINANCIALACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Curyont financial year Unrosirktsd Rtstrf¢tod Total Total 2024 2024 2023 Incon and oWm0nts from: Donatst)ns and Ipga(ies Charitabk activities Ollw If1 adi¥1#os In¥estrnents 10,099 16,189 218.1 10,125 12,950 13,899 16,189 218,106 10,125 . 12.950 18,559 51,537 7,453 267,469 271.269 98,769 Expendlturn on. 9,263 134.680 ChlIab adivlt*s 2,915 137.595 95,580 143,943 2.915 146,858 99.673 123.526 124,411 1904) R•conclllatlon of funds: batsnces at l Noveffts 2023 421,297 2.755 424,052 Won¢w * 31 O¢tol)gr 2024 548,463 The slaternit of firwKlal a(Aivfties am galns a1 losses rec(wised kn the year. Am irwne aThJ expnditure '
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION STATEMENT OF HNANCIALACTIVITIES (CONnNUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 ocfoBER 2024 Prfor tlnancial y Totsl 2023 2023 Ihcomé and ondownwnts fnMI: 21220 18.559 51.537 7,453 210 18,S59 51.S37 7,453 Chafitat)le actNltie5 irad 98,769 4.093 95,580 CharÈtable actiths 94,729 851 851 99.673 153) {851) 1904) Aeconclllatlon of tunds: 421,350 424,960 Fund b*n¢u 31 O¢tthr 2023 421.297 2,755 424.052
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION BALANCE SHEET ASAT31 OCTOBER 2024 2024 xed ass•ts Tangthb asset8 14 127,952 Debtors Cash at bank and In hand 3,314 419,091 1.969 342,279 422.405 344,248 ong yoar (1,8941 11,272) 420,511 342,976 Toial assots1os¥ curr•rt Ilablltllo8 548,463 424.052 Th• fvndB of the ¢harlty 17 18 2,755 421,297 Vnteslrided funds $44,823 548,463 424,052 -28.01. 202 L M¢Leiian Trwt••
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 A¢¢ountthg pollc Charlty InfornwlloTh Freman Heart & Lung TraAsOwrt Assoaallon is a Cha¥4tatskn ltrthP(Yated 1157894) register In Englarnl wxl Wales. The registered aA thr statut(Ky infoTmalK)n b shcwi ort Ilw contents pag6. 1.1 A¢¢ountlng convétttlon Reportin9 by CharitEs: Statement tsf Recommended Practtce apWKabk lo chahks fftrtng their accounts in zccordanca ¥aiti Finanoal Rwtlry Standard apl¢abIè in th8 UK al ol Ireland IFRS 1Q21 (offecti 1 Janwy 2019)". Tho is a Public Benarrt Ety as defined by FRS 102. tharfty ha8 taken ad¥an of the provisions in ltr SORP kn ¢haTitks apptying FRS 102 Updattt lelin I noi to prepare a Stalenwrt of Cash FIov•E. financial $toterywts are prep In slerling, which Is Ihe functlon cuThenty of the tharty. Monetsry The financial atements have been prepared under the hlstorical ctht corw?ti. Tr wlndpal o¢cowrfirffJ 1.2 Golng ¢on¢em At tkno of approwng finaal staemonts, tho Iruste8S have a reasonablè expectatlon that tha roTty has adequate resources to contlnue in operational exlstence for foreseeable futu. Thus the trUSt&s c(thue lo adopt Ihe gDlng concem basb of acrAiwrtiry in Pfeparing lh8 finandal staierne. . 1.3 ClItable fund4 ResiTtded funds subject 10 spedfi¢ ¢dli5 by d<)nO Of granlors a5 tg Ihey may be used. The 1.4 Incomo JI incom6 15 fecognw In tho Stalernent of Flnancol fvLlfvitle5 onts the rjwty It 1$ wol)al>l8 Ihat the kKome bo T1¥0[1 and ihe can b¥ tr•awfOd feliably. l.S Expondltuye chorlty lo Ihat exwliture, It is probable that a transfe¥ of economic benefits VAI be required in Settlem Bn6 th6 of ts OlgalloTr can be measured r¥#ably. ExpeThJlltJre ts accounted for on an accnmls basis and has been da5$rf ler ta¢ll Ihal aggYege ali cost ielaled to lh8 ca ory. costs 4snnot bv d att110d to p GTarts offered sleI to ¥knlch ha¥e not been year eNJ de are twted as a
FREEMAN HEART & LUNG TrANSPLANT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 {ConthHd) 1.6 Tanglble flx•d asséls T8ngibk fixed a55ets are initiaty wastX8d al rAJs1 and subsaq• m8swed at LX>St or valua#M. net of d6preciatson aNJ any rylmwnt loss&s. Depre0 is recogTh8ed so as to write OIT the cosl or valuah'rjn of assets less iJtr w5val ¥alueF over Iltr Flxliuvs and fi#ing¥ strap 10 yea The galn or 10sS 3rfskn oh the disposal of an asset fjs aeMilned as ts dthen he1ven the gle 1.7 Ca•h ond ¢¥sh •qulwal•nts Cash and cash e4uf¥alents in¢hxJe tash ift hand, deposits held * c411 banks. ¢)ttw thort.temi a'quKI Investi with origlnal m4tUfities of the monlhs or less, and bank ovwdfafts. 0¥draftS are sh( 1.8 Taxallon iw5ty Is ox•nyt from tax on lis d)aritablo ac11vit, unTrJtrkt R•gtrkt•d fuftds 2024 Toial unrn$trfic Ro8trkt•d fund• 2923 2024 2024 2023 2023 l)ongts'ons and 10,099 3,8[ 13,899 21220 21.220 Unrnstr1¢i Unr•stri¢ted . 2024 2023 Clwltable Incomo 18.189 18,559 2024 218.11 11
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION NOTES TO THE FINANCIALSTATEMENTS {CONTINUED) FOR fHE YEAR ENDED 31 OCTOBER 2024 2024 2023 R¢ntsl iiicom 5.301 4024 10,125 2024 2023 Net gain (*} (tspwl of taryible f1 assets 12,950 ExpgndltuY• on rnn0 lund8 Upr•8trlded Unmtrfctsd nd$ 2024 2023 Fundralslng and publldty Stagbw fvrKtr•W eyonts
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 ocfoBER 2024 ¢fr4rKable ChaTttabl4 2024 2023 Dir•cl costs 18,375 439 3,823 5.609 11.293 13.481 Insurance Telephone Computer Soft & game5 6.741 16.331 4,130 23,635 28.168 Motor and Ir3 HospÈt81 PLKthases Caravari sk costs 61,fj35 28.176 134.523 93,318 Shar• ol Support •nd gov•rnance ¢08ts Is40 not• 91 Supwt GoVnanC ,320 1.752 678 137,595 Anatysh by lund Unrestrfded Restrlcled funds 134,680 2.915 94,729 137.595 95.580 Support ¢osts co¥ty Sundtss 670 103 103 575 1,752 1,320 1.752 3,072 Anatyse£l beiw ChaitablE actiyilie5 1,320 1.752 3,072 678 2,262 13-
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONnNUED) FOR fHE YEAR ENDED 31 OCTOBER 2024 10 Net moY¢m•nt hi funds 2024 dwglrity{credllkng>: 18,375 {12.950> 13,481 ProKt on dlspos31 o tangible fiwj asgets TIJE Wefe nv tntee$' remumkn or other benefits IDr ts year 31 Oct¢Jber 2024 nor lor Ihe year wxleil 31 Orlober 2023. Dwing the yeaf 7 tnffjl8es wefe pwd •xpm8 fty atsd rosts £6.36612023: 5 l¥ito paid £6.32n. 12 Employ•os The aver8ge monthty number of wnpws durlno the year was: 2024 2023 Nwnb•f 13 T•xatlon 14 Toftglble Ilx•d awts M 1 NOveMr 2023 Additiim 65,251 At 31 odoiw 21r24 At 1 frlo¥e¥rtw 2023 18.375 Al 31 October 21Y24 Caffylng amount At 31 0d.obw 21J24 At31
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATK)N NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 OCTOBER 2024 IS Debior4 202J 1,017 .331 3,314 16 Cr•dttorn: amounts talllng dvo wlthln one yoar 2024 Tyade c¥edltorg 574 1.320 1,272 1,894 1,272 17 Restrf¢tsd fvndl 2023 (416) {8461 (653) (l.IXX>) 1,572 . Tabkts 1.721 Transy8nation Ur#tA4tth (2,915) Flats lund: Tl¥s fw . Ititemrf fund. for se14¥) of FI Tabltts lund Tlvs r rew.vod lor yjrithase of FIFe I IAedlcal H•art Rosvch
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION NOTES TO THE FII4ANCIAL STATEMENTS (COIITINUED) FOR THE YEAR ENDED 31 OCTOBER 202A 18 Unrostrt¢W tsnds At I Incomlnll R•¥ots¥c . Th#nfor8 At 31 OcobvY 2924 2023 Designated furnjs {61,578) {82.365) 63,578 (63.578) 79,(X)O 344,297 267,469 421297 267,469 <143.9431 544,823 Provloiis yoJr. Atl lft¢omlng Raj¢r¢0 . 2023 2022 Deslgnaied i)JtKts (g.OOOJ 335,350 (98,822) 344,297 421,350 421.2WI Totsl fvnd 2024 2024 At 31 O¢tolw 2024: Tawlb* assels Curyent Se(l18bllltts) 127,952 416,871 420,511 fun 2023 2023 At 31 O¢tobor 2Q23: 340,221 2,755 . 421297 2,755 16-
FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 adions #* y•ar {2023. nor0}. 17-