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 B￿d￿j
A Lamberf
SKee
L Hertw
1157894
Prln¢Wal addm¥
8 Harebell Meado￿$
Nfj*Aydiffe
C¢xJnty Durham
I)L5 4UG
Robson Laidler AcCO￿￿&r￿s Limiied
Fewwood House
Femwood Road
Jesmond
Newcasiie upon Tyne
TY￿ Wear
England
NE2 ITJ

FREEMAN HEART & LUNG TRANSPLANT ASSOCIATION
c￿4TENT$

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$￿￿allOn 15 a reg*steRd thafity (rewa¥m 1157894> wid Is
i (CIO).
oftr• CIO an,
Ib) ProvidiTha spedfic fina￿la1 asststanc*, If needed. but onty for ts mffchase of medlcal equw*nt 10
(c} ProwdiThJ and 4gSiStir¥J, kn possible, in Ihe wov4sion of amÈnkn kn IhÉ Freeman Flospital,
2. To advaNx the educaibn ol the publle in Ihe needs of transplant p8trerrt3 anfl to rnolkn. enrIM￿. losler
3. Tt* preseNation a￿j protection ol go￿1 heaHh and the relbef of slckness by prom￿ by ary tharttab*
PubHc ben4fit
A¢bI￿orne￿ and porfomwn¢0
the year 2023 - 2024 Uie Board fo(xJsed oft:
. FHLTA Sww¥J event Dn Teeslide Piincess rfver C￿￿8e c05ttr¥ £1,270.76 . was a s￿rESS
* FwMhx¥g of 10 Iwt boxex (nwlial ot a oist of £54,490.IX).
. LMJ tranwart frxtye untt for PfdoTuing life of retriev&d lungs at a cost of £3.417.60 . support in the ..
s*w W al a ￿t of £29) per
. of WIFI for Ilats 8NI l>olh caravans for Ihe end of ltte yew, foYcth*vJ ￿$￿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
. ContlFiu*m ofWIFI for fiats *xl both cara¥ans for Ilie ernl vl Ihe year, tollowry ￿trict￿ thls
. Potlent aThl support £1.132.65 inCt￿j1ng support athdls and Cl#ldren's transplant wan*s wlth
purrlw• o* 8qutpnwrt to
. Offer of up to £10,￿0 to top w FHLTA trnnsplant $orJ* enintskd to $UPPtht
utt and
clttkl patsants *ar¥u#o4 IFr•oman Heart & Lung trarssplatsl. £4,IXXI kn las* year so ntrt
. P*nt of £300.00 to the tr•tsplant SOC￿ pro￿ yi the way d £10 £2
. Further roN (XA of FHLTA Bags vAth Loye although uThJer tthKW was at a cosl Ot É539.4Jf. These
Further foll oul of rnntsl Iwlth IX)Dks free for p8i*nts WKI famllles rf FHLTA trrylanl e4)mwly al 8
t ofW.6&.
. 8rtt¢8h Trdnsplwrt Games *tnt ahead th's year m Notttn9ham and the Euroyvi Tr•w)Idrt Games
. FHLTA organ donation *eek in 2 maln ￿UeS in Ihe local aiÈa -
Metro Cenlfe afKI Eldon .
. ewts. dongknns and wEmorials - palw￿$. 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 r8vkn*l 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 des￿n* lo support 8 appIKatIty￿ fr￿7 ft*dlcal Staff N¥fth .
£1,1xQ.￿ trnvards costs to Iho 1rt8mational Soc* ftsr Heart a￿4 Tfans¢knn <IStrILT). The
Tnfji are short slaffed ai Ihe moment alknthng time Ilas be a potent￿1 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 OUt￿t*￿ has come
AGM.
to fOre￿sts ar￿ workin9 capltal r￿U1rements 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 Mobv￿nts in interest rates. H<Mev&. Ihe Trustees do nnt
Prke Tlsk
There IS no signillcart eXp￿ure 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
Cti￿1ty 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 b*1. 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 ton￿rd.
• DesSgnated funds lor nledlcal researth:
. Deswated IuTMts lor FHLTA bags th lovo:
. DeS￿nated fuTrJs kn Mental Heatth:
. Desonaled funds kn soclal wother Iransplant patsert support lund
. DeS￿nated 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 St*nw￿ N¥tre:
L M¢Leikn
D Burdon
J Comb
(App￿ 2 DBt•nts 2023) .
From to tune il th rO￿SSary for ts Cha1￿Y to to rep￿ those ha¥e eaher T￿lgr0d
their twm ol offic*, or by way of athicipatkng plarned retirements after Ihe con*kn 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 a￿1 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 rapons￿￿e for pworalon vf the llnaf)ciaÈ slatwn¢pA* En a¢coiibn¢e Wiiti
Ihe requ¥iwYpnts of fhe Ch4¥itkW Al.12￿1 >.01 l Act)
l leporl In fewTr.¢t Dlffty ¥xwYiiiiAllon ol lh¢ tharlty's Ilfièn(%al statethent￿￿ tirt*od 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 $8C*vn
145 of lh& 2011 A¢a. i ¢on*mi Ihal l am oualifled to Ltndertakt Ihe ex4mlnHlion bttcauge l 8Tn a inember of tht
Ayswaiion of Charteféd Lertlthed is rJrn* rjl Ihè Ilsled Ix)Q*&
I blve Comp￿tEd my extsminalion i ¢onfim) tho1 no iymttérs tta¥e lo iry cu1)n￿lI￿7
minhtson givlng rause to ljelkew Ihat In Mny matfjfial respetl..
occuunting YèCOfO8 We￿ rjot kepl In retspect ol Iho tharlly ah iepuliell by *￿￿.01> 130 of Ihe 2011 A¢,I;
Ihe fin&ftrJal stater￿nt,% do tsot acLY%d with IINXk records, or
Ibe flnaTicial sialen￿ntS d£N nol c•y wlh the applicabk fequlrem81i1s CQlltrJmhJg Il* knm ind C1￿1£nI of
accixJnl$ sot OLrt tri fh8iltw lAC￿l￿$S anpj R&portsl Re9LJlabon¥ 2008 othet than ary wiiiirwik3nt ttwt Ihe
cciyffits glve a falr vlilrh Is not a mattgr conBld*rtd as part of •xwtsioi),
I no C0￿M$ 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 ￿Idorst8tid￿1g of lfv) fina¢wl slat8n*rt8 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
El￿￿n

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 If*1￿ 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
Ch￿lIab￿ 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 a￿1 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
21*0
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
Fr*eman Heart & Lung TraAsOwrt Assoaallon is a Cha¥4tatskn ltrthP(Yated
1157894) register￿* In Englarnl wxl Wales. The registered a￿A 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 ap￿l¢abIè in th8 UK al￿ ol Ireland IFRS 1Q21
(offecti￿ 1 Janwy 2019)". Tho is a Public Benarrt E￿ty 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 $toterywts are prep* In slerling, which Is Ihe functlon* cuThenty of the tharty. Monetsry
The financial ￿atements have been prepared under the hlstorical ctht corw?ti￿. Tr wlndpal o¢cowrfirffJ
1.2 Golng ¢on¢em
At tkno of approwng fina￿al sta*emonts, tho Iruste8S have a reasonablè expectatlon that tha r*oTty
has adequate resources to contlnue in operational exlstence for foreseeable futu￿. Thus the trUSt&s
c(thue lo adopt Ihe gDlng concem basb of acrAiwrtiry in Pfeparing lh8 finandal staierne￿. .
1.3 C￿lItable fund4
ResiTtded funds ￿ subject 10 spedfi¢ ¢￿d￿li￿5 by d<)nO￿ Of granlors a5 tg Ihey may be used. The
1.4 Incomo
JI incom6 15 fecognw In tho Stalernent of Flnancol fvLlfvitle5 onts the rjwty
It 1$ wol)al>l8 Ihat the kKome bo T￿1¥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 O￿lgalloTr can be measured r¥#ably.
ExpeThJlltJre ts accounted for on an accnmls basis and has been da5$rf￿ ￿ler t*a¢ll￿ Ihal aggYeg*e ali
cost ielaled to lh8 ca
ory. costs 4snnot bv d
att￿1￿10d to p
GTarts offered s￿le￿I to ¥knlch ha¥e not been year eNJ d*e are twted as a

FREEMAN HEART & LUNG TrANSPLANT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
{ConthH*d)
1.6 Tanglble flx•d asséls
T8ngibk fixed a55ets are initiaty w*astX8d al rAJs1 and subsaq• m*8swed 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 iJ*tr w5￿val ¥alueF over Il*tr
Flxliuvs and fi#ing¥
strap￿ 10 yea
The galn or 10sS 3rfskn￿ oh the disposal of an asset fjs a￿eMilned as ts dthen￿ he1v￿en 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 th￿e monlhs or less, and bank ovwdfafts. 0¥￿draftS are sh(
1.8 Taxallon
i*w5ty 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 f￿1 assets
12,950
ExpgndltuY• on rn￿n0 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
GoV￿nanC
,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
TI*JE Wefe nv tn*tee$' 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¥i*to
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 NOveM￿r 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 Rosv*ch

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#n*for8 At 31 Oc*obvY
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-