RCC.ISTF.RID COMPANY NUMBLII: 08288176 (Li nglaikd Mild Wales) R£C.ISTIIIF.D CHARITV NUMBEI11: 1158089 REPORT OF THE TRUSTFF.S AND UNAUDITED FINANCIAL STATEMENTS FOR THF YEAII CNDED 31 MARCH 2024 FOR HEALTHWATCH HERTFORDSHIRE LIMITf.D
I.IEI ALTHWATCH HIIITFORDSHIIIE LIMII'ED CONTENTS OTr THE FINANCIAL STATEMCI NTS FOR THE YEI AR F,NDED 31 MARCH 2024 P#gc Rei)o)'l uf Ilie Ti'uslees Idepe1}lIe11t Ci Xailliibei s Repovl Slntement of FinAnLi#I Activilies St#teineiit uf Finnncial Posilion Stxtemenl of Cas11 Flows Noles to the SIAlemeiit of Cash Flows Notes lo the Flnanellll Stalements 10 to 16
HEALTHWATCH HERTfoRDSFIIRE LIMI'I'LD IIEGISI'ERED NUMBER: 0112138176 REI PORT OF THE TRUSTCI ES FOR THf. YFAR ENDED 31 MARCH 2024 'he tl-LlStees wl)o al'e also di]-ectoiE of the charity foi. the piiry)oses of thc Companies Aci 2006, present theii- repoit witli the fii)aiici111 .81aleinent5 of the ¢l)arity tor the yeai. c7)ded JI March 2024. The triislees liave adopted Ilie pi.ovi5101is of AccounliTIX ill)d Reportii)g by Chai'ities: Stateinent of Recominended Pi'actice applicable lo chai'itie8 Plcptii'ing Ilieii. accoiinls 111 1¢ ccol'daiice with the Finaiicial Reportii)g staiaI.d applicable iii the UK ¢ind Republic of li'eland (FRS 102) (efteclive I Janii¢lly 2019). OBJEI CTIVES AND ACTIVITIEIS Objeetives xiims We piiblish a sepiii'clte. detailed anniial report which outline5 oiir objectives and aims in soine detail. We suinin¢1rise these as follow8: 'Healihwalch Hei#fordsl)ire is the independent chainpion for healili. social care and piiblic health iii Hei1tordsliii'e Healil)watLh l-lei'lfoi'dshire became a charity oil 1st Aiigusl 2014. In addition lo prodiicing this Trustees, annual repoi'l, it is i'¢quiie(I lo siibmit an annual I'epoi't lo Heallhwalcli Englaild. The Depaitii)ent of i-lealih issued directions wliicli caine into toi'ce on 2 Deceii)ber 2013 setting oul Ilie issues wliich i)iust be covei'ed in tlie aiinual repoi'ts of local 14eallhwatch Ol'bianisalions. Issues required include how the local Healihwalch orb¥anisalion has gathered Ilie views of people on local hcalih and care services. l.lealiliwatch Heitfoi'dsliii'e published ils latest report in July 2023. The document is available on lh¢ 14ealiliwalch Herifoi'dshire website aiid paper copies aiE available on reqiiest. Tliis repoi't covers in detail Ihe priorities, activities providing public benefit, and achieveTneiits of Ihe oi'ganisalton dui'ing 2022-23. 11 explains Heaiihwalch Heitfoi'dshire's role and liow the organisation represents tlie needs aiid concei'ns of l-lerifoi'dsliire's coinmunities, inclu(lii18 polenlial service inequalilies. I'he docuineiit shows Healthwatch Herttoi'dsliii'e's involvement with Healili aiid Social Care commissioners aiid providei's to l)elp bl'ing abolit iinproveincnls in sei'vices pi'ovided. It also liighlights the challenbTes the organisalion laced. IlTid provides an insight ot. the experiences of Ihe publi¢ iii usiiibi Healili and Social care service5 ii) l-lei1foi.dshire. I'ublic beiietit In s¢t¢iiiu> OLII. objectiveq Rnd planning our activities we have giveti caiefiil considei'alion lo the Chai'ity Coiiimission's geiiei'al guidance on public benefit. In pailicular. Healihwatcli Hertfoi'dsliire's role is lo ensui'e Iliat views of Yesideiits aboul healtli and cai'¢ services are heard. These views and experiences are reported to coinmissioners and pi'oviders to help impi'ove sei'vices locally. Tlie conveyinuy of these views, supported by research findings, are used to help make a ditrei'ence in Ihe qualily of services and ¢nsure tlial Iall17 and care sei'vices ale provided as effe¢liv¢ly and eificiently as possible for the piiblic. STRATKGIC REPORT Acliieveinent xiid performAnce Chai'ltable and Tr'undraisiiig a¢tlvi¢i¢s Healiliwatch klei'ifoi'dshire Ltd is mainly fiind¢d by HertfoTd511ire Counly Council, under a coi)tinct tlial origiiially ran froni Api'il 2013. The County Council has subsequently extended tlie contrdct on a nuinber ofoccasions. A new conti'act will come iiito foi'ce in 24125 covering a period of up io March 2027, with a possible extei)sion. The Irserves are tliere to SUStain H¢31ihwatch Hertfordshire and Inainlain ac(ivilies while seeking othei. funding. Oui. activitie3 are outlined in d¢lail in the Aiinual Report. Heallliwatcli 14eitfordshire is hard at work cliampioning patient ii)teresls. and working with a wide rang¢ of stakeholders. A large part of Healihwatch Herlfordshiie's I'ole is ¢1boiit finding out what people think about local services so that we can build a picture of perfoiinance aiid quality fi-oin the patient and public perspective. Page I
HEALTFIWAI'CH IICRI"FORDSHIRE LIMITED IIEGIS'I'ERCD NUMBLI 11: 08288176 REPORT OF THF TRIJ8TEE.S riOR T14L YLAII ENDf.D 31 MARCH 2024 STIiAI'EI GIC RCI PORT The i-esiilis foi. the ye1c I. show a SLirplus ot £36,324 LOIIIPclred lo lasl yeai s surpliis of £62,212. Tlie I'elaiiied tiiiids have inLI'eased accoi'diiigly fr0111 £353,561 lasl yeai. to £389,885 Ihis year. Reserves policy Heallhwcltch 14erltordshii'e Ltd ieceived £250.008 froin the Shaw Trust Link l)rojecl funding when it was ii)coi-poi'ated aiid lias been incliÉdeil in uiii'estriclcd i-eserves as a contingency fiii)d. The Board have pi'evioiisly agE'eed to r¢diiLe Ihe coiilingency liind in line willi six inontlis col'e fundii)Ly wilh Il)e balaiice beijig I'eleased lo the Gei)ei'al tIlT)d. Lovally fuiidinu toi. Flealthwatch Hertfordshiie is provided to Hertfoixlsliii'e County Coiincil wlio coi)ti'act Healihwatcl) Hei'ifui'clsl)iiT lo pi-ovide a local Healthwalch service. The Boai'd's view is thal il needs sul-ficient general r¢sei'ves in Ihe event of ihe lenniiiation of oui. contract wilh 14CC. I"Iiese liabiliiies would include coiilractual obligations lo statr. office renial and otlier contThiclual obligations. The 130iird is ¢onfideiii tliai tlie level ot b7eneral I'eseryes is inore thai) suificienl to Ineei these contractual obligalions. STRUCTURE, GOVERNANCE AND MANAGEMENT Covei'nlii2 Ilociimeiit 14ealtliwalch Heitfoi'dshiir LimÈted, a charitable Company, is conli'olled by ils governing docuinenl, a deed of trust. fin(1 constitLltes a liiiiited coiiipany. liniiied by guai'antee. as defined by Ihe Coiiipanies Aci 2006. Reeriiltment aiid appoinlineiil of iiew trusfees New ti'iistees al'e I'eci'uited as requiird. Positions are openly adveilised ai)d the organisation adopted a Iiew appi'oach to Ti'ustec I'eci'uilnient in 2021 lo encoiii'age a Inore <livei'se I'anbie of Board meinbeys and more closely I'eflect the popiiliilioils we sei've. Tlie Bo611'd recoinmends applicants who Ineel Il)e I'ole I'equii'eineiiis 10 the ineinbersliip of Ilie coiiipany as poteiitial Cclndidales toi. elcciion. Tlie Inembeiship Ilien elecls trustee5 froin Ihe list of polential caiididales. Orgxiiisa¢lonal sti'ucture 'he Inain Uoard Ineels quarterly. There is a main subcoinii)ittee Ihat advises Ihe Board, it Ineels regul81.ly lo eiisui'e that Healtliwalch Hei'ifoi'dshii'e Limited is developing and ineeting ils objective5, and the subcommillee liiiikes recoiiiii)endalions lo the Boaiyl. The executive is led by Chief Executive oificer, Geoff Brown. Induclloii lliid tralnlng of neiv triistee5 Healihwatcli Herttordshire Ltd is fully commitled 10 providing an extensive induction prograi)) for new I'ruslees as well lis oii-going tixiiiing and siipporl, and has developed procedures to nionitor the p¢rfoiinance of tJoaTd niembers, botli indivicllilllly and as a whole. RCI FERINCI AND ADMINISTRATIVE DETAIIS Registered Compdiiy iiumb¢i' 08288176 (Eiigland and Wales) Regist¢i'¢d Chlli'ity number 1158089 Reglstei'ed ofllce Kings Court London Road Stev¢iiage Heits SGI 2NG Page 2
Hlt ALTHWATCH klERTfiORDSHIIIF. LIMITED RE¢CISTCI RED NIIMIIF.11: 08288176 Rfi.P()RT OF THF. TRUSTEES IOR TIRE YF.AR CNDfi,D 31 MAIICH 2024 TY115tees S Palii)ei' {I'esigne(131.1.24} Ms Y H Aikins A I, Bellinui¢r N 'festei' Mi's J A 'l'ayloi' Mi's Il SkiillLid1< A .1 Booili Mi's B J Davies R O He¢ird (aiipoinled 28.S.24) Mi's A 14ulLliin50n (api)ointed 28.5.24) ICanagat'¢lj (appointed 28.5.24) Mi'8 S V E Oi'r {appoinled 28.5.24) Ms A E M Willcox-sniith (appointcd 28.5.24) Compaiiy Seei*txi'y Miss N Ercan liidepcndent Ci xaminer Bi'a(l%liilW J()l)ri¥on Chai'l¢red Accoiinlanls Croft Chaiiibei's I l Bancrotl Hilchin 14ei.lfoi.dshire SG.5 IJQ Report of Ihe Iruslees, incorporating a straiegic report, approved by ordei- of the board of trustees, as the company direcloi's, on 18 July 2024 and signed on the board's behalf by: N Te%lei fi'ustee Page 3
INDEI PCI NDENT II XAMINEII'S Rf.PORT TO THE Tllus'i'fii S OF HEALTHWATCH HERTFDRDSHIRE LIMITED Jidependeiit exainliiei s Yeiiort to Ilie tfU51ce5 of Healthivatch Hei'tfoi'dshire Linilied ('tlie Coini)Aiiy'} l i'epoit lo tlie chai'ity Ii'uslees oil iiiy exaininalion of the accouiits of the Compaiiy for the year ended 31 Marcli 2024. Respoiisibilities and bxsis of report As Ilie chai'ity's tt'u%tees ot-tl)e Coini)Illly (and also it8 diiector5 for tlie piii'puses of coinpany law) you al'e Yesp011sible foi. tlie i)iepai'1¢ lioi) ofthe aLCOtiiits in accoi'dance with the reLllJiI'ei)ienls of the Coiiip(IT)ies Act 2006 {'Ihe 2006 ALt'). HdVITig salisfied ii)y.%clf that the accoiiiits of the Compai)y al'e not i'equircd t(1 be aiidited under l)4rt 16 of Il)¢ 2006 Act and iii-e eligible toi. iiidependeiit eNaiDiiiation, I ieporl li) respect of Iny exic Iniiialioi) ot- yoiir cli¢ll'ily'8 accoiin15 c1S cai-i-ied oiit iin(Icr Seciion 145 of Ilie Charities Acl 2011 {'Ihe 201 l Acl,). In carryiiig oiil my exaininalioi) I liav¢ followed tlie Dii'ections )ivei) by the Charity Coininission linder Section 145{5) (b) of the 201 l Act. liidei)eiident exlliiiiner's $tlltelett¢ SiiicL youi. chat'ity's gross incom¢ exceeded £250.000 yoiir exainFner Inust be a iiieiiiber ot" a listed body. I cali coiifii'i)I tliat aiii qualified lo undertake tl)e exaiiiin8lioii bechuse l ain a In¢inbei' of ilie Iiistilute of Chai'lered Accouiitanls in r.nglaT)d llii(I Wales, wliiLI) is one oftlie listed bodies. I have coinpleted niy examinalion, I coiifinn thal no inalters have coiiie to my attenlioii in connection with the exaininalion yiving Ine cause lo beli¢ve', accountinLy recoi'ds were not kept in respect of Ihe Company as reqiiired by Section 386 ot the 2006 Acl. oi. the accoiinls do not accord wilh Iliose re¢ords- or the accounis do not comply with the accoiinling reqliiremenls of Section 396 ot th¢ 2006 Acl othei. than any requii'ement that Ihe accounts give a true and fair view which is not a Innller consid¢i'ed as par¢ of an indepeiidenl ¢xainination' or the accoun15 h&ve not been prepared in accordance with ihe meil)ods and priT)ciple.s of Ihe Statement ot" Recominciided Practice for accouiiting and reporting by charilies (applicable lo cliarilies preparing Iheii. accounts iii accordance witl) tlie Financial Reporting Slaiidard applicable iii the UK and RepLiblic of Ir¢laiid (FRS 102)). I liave no concerns and have come across no olher Inatters iii Conneciion witli the exa?nination lo which attelilion 8houl(I be drawn in this repoi't in oi'd¢i' to enable a proper Lindei'si&i)diiig of the ac¢oiii)Is 10 be i'eaclied. Neil C Hai'ding FCA The Ii)stitiite of Chartered Accounlants in England and Wales Bi'adsliaw Johnson Chai'lei'ed Accouiilants Ci'oft Chambers I l Bancroft Hilchin Hertfor(lshii'e SG5 IJQ Date: Page 4
I.IEI ALTHWA"fcH HF.RTFORDSHIRE LIMITCD STATEMENT OF filNANCIAI, ACTIVITICI S riOR THF. YEAR LI N'DLD 31 MAIICH 2024 31.3.24 Uni'esti'icled tiiiids 'rotal fitiids Notes INCOME AND INDOWMCNTS fiROM Clia I'ifable Ctivities HeaiiliwalLI) Fl¥i'ifoi'dshii'e 458.128 418.468 InveshT]ei)l iiicome Olliei. i))coine 7.898 59.797 1,978 75,290 Total 525,823 495,736 I XPENDITURI ON CharitAble activities Healihwatch Hei'ifoi'dshire 488.958 433.433 Othei. 541 91 Tot841 489,499 433,524 NEIT INCOMC 36,324 62,212 REI CONCILIATION or r4UNDS Tolal funds brougiit foiward 353,561 291,349 TOTAL FUNDS CARRIED FOIIWARD 389.885 353,561 The notes form parl of ihese financial siatements Page 5
HEALTHWATCH FILRTPUIU)SHIRC LIMITr.i) IIEC.ISTERED NUMBLI 11: 118288116 STATEMENT OF FINANCIAL POSITION 31 MAIICH 2024 31.3.23 Total iin(Is Uni'esti'icled fiincl% Notes FIXEI D ASSEITS "I'angible assets 1,647 3,070 CIIRIIEI NT ASSCITS Debtoi's Cash ¢1t bank 12 7,999 386.346 ?6,104 338,269 394,345 364,373 CRCI DITORS Ainounts falliiigy due within one yeai. 13 (6,107) (13,882) NET CURRCI NT ASSEITS 388,238 350,491 TOTAL ASSFTS LESS CURRC¢ NT LIABILITIEI S 389.885 353,561 NE4T ASSET5 389.885 353,561 FUNDS Uni'eslricled funds 14 389,885 353,561 TOTAL FUNDS 389,885 353,561 The chai'itable ¢oinpany is enlitled to ex¢mplion froin audil wider Section 477 of Ilie Coinpanies Act 2006 tor the yeav ended 31 Marcl) 2024. The Ineillbei's have not reqiiired the company to obtain an audit of ils financial statements foi. tlie year ended 31 M1rf I'cll 2024 in accordatic¢ with Section 476 of the Conipanies Acl 2006. The trustees acknowleduye Ilicii. responsibilities for ensui'iiig tliat Ilie charitable coinpany keeps accounting records that comply with Sections 386 and 387 ot tli¢ Compdni¢s Act 2006 and prepai-ing financial statements which give a true and fair view of the state of affairs of the charitable coinpaiiy as at tlie end of each financial year and of its surplus or deficit for each financial year in accordance with tl)e I'equii'¢m¢nts of Sections 394 and 395 and wl)ich otherwise coi)Iply with the requii'ements of the Coinpanies Acl 2006 irlatiiig to financial statements, so far as applicable to the charÈtable conipany. (b) Tlie financial slatenients We approved by the Board of Trustees and authorised for issue on 18 July 2024 and were siwied on its behalf by.. Th¢ notes forni part of these financial slatements Page 6 continued...
HEAL'I'HWATCH Hfi RTFOIIDSHIIII,: LIMI'fF.D IILGISTERED NUMBER: 011288176 STATEMCI NT or FINANCIAL POSITION - eoiitiniied 31 MARCH 2024 N Tester - Ti'uslee A P BLIIiTigei' Truslee The notes fonn part of th&8e financial stalemenls Page 7
HCI ALTHWATCH HEI RTfiORDSHIIIC LIMITEI D srATEMFNT OF CASH Flnws IOII THf, YEIAR ENDED 3J MAIICH 2024 31.3.24 31.3.23 Notes Ciisl) llo)Ys froin opei'xtlllg ÉgCtivili¢s Crflsh gxei)erale(I fi'oin opei'ations ii)aiice costs paid 42,183 (98) 42,758 (88) Net CÉ1sli pr(Jvided l)y operating activities 42,085 42.670 Cfisli floivs fi'niii iiivesling iiclivltics l)Iii'LliasL of laiiL?ible fixeil ¢1ssels Iiitei'esl i'eceived (1,906) 7,898 1,978 Net cash provided by invesling aclivilies 5,992 867 Cl)aii%c lil cnsli and ¢Asli equivolenls In Ilie repoJ'llii2 perlod C#8h Jii(I cash eqiilvnlents tht thc beginiilng of tlie repurtliig perlod 48,077 41,537 338.269 294,732 CAsh iiiiil casli equivalents al ¢lie end of the repurtlilg pei'iod 386.346 33X,269 The notes form part of these fmancial stateinents Page 8
HEALTIIWAI"CH HKRTFORDSHIIIC LIMI I ED NOTES TO THC STATF,MF,NT ()F CA(iH FLOWS FOR THE YLI AR LI YDLD 31 MARCH 2024 IIEt CONCI LIAI'ION OF NET INCOME TO NEI T CASH FLOW fROM 01)EI RATING ACTIVII'IES 31.3.24 31.3.23 Net Rnconie foi. tlie i'epoi'tiiig peYi041 (Is per tlie Stfttemeiil of Fiiiancial Activi¢les) Adj iislineijts for: Depi'ecialioii cliai'ges Iliieiesi ieceived Finance costs Deci'ease/{inci'eÉqse) in debioi's (Deci'ease)/iiici'e¢ise in ci'edilors 36.324 3,329 {7.898) 98 18,105 (7,775) 4,16.5 (1,978) 88 (21,953) 224 Net cash pi'ovide(I by upei'alions 42,183 42.758 ANALYSIS OF CHANGCS IN NFT FUNDS At 1.4.23 Cash flow At 31.3.24 Nel casli Casli ai bank 338269 48,077 386.346 338,269 48,077 386,346 Total 338,269 48,077 386,346 The notes forin part of these financial slatfflnenls Page 9
HI I ALTHWA'fcH HF.RTFORDSHIIIE LIMI'I'f¢ D NOTES TO THF. FINANCIAL STATEMCTYTS FOR'I'IIL YII AR ENDf.D 31 MARCH 2024 STATEME4 NT ofi COMPLIANCE Flealihwatch Herifi)rdsliii'e Liiiiited is a chai'iluble company iticorporated Fiiglaiid. The I'egistei'e(l oftice is: Kiiigs Cviifl, London IIo<id. SievenaL)e. Herls. SG12NG. Tlie charitable Co11)1]11y'S finaiicial siateinents liave b¢eii i)repared in coinpliaiice witli Chai-ilies SORP (FRS 102) as il applies to Ilie fiiianci&l slateinciils toi- tlie yecll. eii<led 31 March 202? ACCOUNTING I)OLICIES Bnsis of Iii'Lpnrliig the fiiiMii¢lal statemciits I'he fil)?( l)cial slal¢inenl.8 of Ihe cliariiable coinpany, which 18 a piiblic beiiefit entity iindei. FRS 102. have bee prepared in nccordance witli Ihe Charilies SORP (FRS 102) 'AcLoiinting and Ilepoixing by Clicirilies.. SiaiLineTIt of ReLoiiiiiiended Pi'aLtice applicable to charities preparing il)¢ir accouiils in accoi'daiiLe will) Ilie Finii Ii¢ial Reporting Standai'd applicable iii the UK and Republic of Ireland (fRS 102) {effe¢live l January 2019),. i111< ncial Repoi'liiig Slandai'd 102 'Tlie Finaiicial Reporting Siaiidai'd applicable in the UK aiid Repiiblic of li'eland, aiid tlie Coinpaiiies Act 2006. The financial statements have been prepared under Ilie historical cosl coiivention. Tl)e fiiiancial st<ileiiicnts are prepaiTd in sterling. Hellllhwatch Hertfordshire Limited meels ihe definition of a public entity undei. FRS 102 Income All iiicoine is recognised in the Slatemenl of Financial Activities once the chai'ity has enlitleinei)t to the fui)ds, il is probable Iliat Ilie incoine will be receivcd and the ainount can be measured reliably. I xpeiiilllure Liabilities are iecognised as expenditure as soon as there is a legal or Colislructive obligatloll COTninitting the chai'ity to Ihal expeiidilui'e, it is probable ihat a Iraiisfei. of econonjic benetils will be requii'ed iii sellleiiient and the amoiinl of the obligatiort can be Ineasured reliably. Expendilure is accoLlI)ied for on an accruals basis and has been classified undei. l)e&dings Iliat aggregate all cost related to Ilie calegory. Wliere costs cai)not be diircily attributed lo pai'liculay headiiigs Iliey have been allocaled to aclivilies on a b(Isis consisleni ivilh the LL8e of rcsoui'ces. Taiigible fixed ass¢¢$ Depi'e¢iation is pi'ovided at the following annual rales in order to write off each asset over its estii)iated useful life. Conipuler equipn)ent 33 % on cost Minoi. addition5 of less than £500 fire not capilalised. Taxatlon The cl)c11'ity is exeinpt froEn corporalion tax on its charitable activitie Fund Accouiiting Unresti'icted fuilds can be used in accordance with th¢ charitable objectives at the discretion of ihe trustees. Restricted t.unds can only be used for particular restricted purposes within the objects of the charity. R¢slriclions ai.ise when specified by tlie donor or when funds are raised for particular restricted purposes, Fui'ther explanatioii of the nature and puwse ofeach fund is included in the notes to the financial slatetnei)ts. l)ension cost5 and other posl-i'eliremenl benefits The charitable coinpany opei'ates a defmed contribution pension schejne. Conlribulions payable to the charitable company's pension scheine are charged to the Siat¢ment of Financial Activities in the period to which they relate. Page 10 coiitinued...
IILI ALTHWATCH HCII'I'FORDSHIRf. LIMITED NOTES TO THE filNANCIAL ATEMENTs- FOR THI YEAR r.Nl)I,:D 31 MARCH 2024 ACCOUNTING POLICIES- coiitinued L¢gRI sta1115 01. tlie eliai'itxble coinpaiiy 'I"lie chui'ilable coiiipany is a coinpajiy liiniled by Ljuaraiitee and lias no sliare capital. Tlie liability of e<)Lli p)ieT)Ibei' in Il)c ¢v¢nt ot winding-iip is liinited to £1 per menibei. of the charily. Sliorl tei'iii debtol's an(1 ci'cditoi's 'riie ch£ll'iiable company oi)ly has financial asset5 and fiiiancial liabilitÉes of a kii)d tliat qiialify cls basic fiiiaiicj<il inslrumenls. Basic fii)ni)cial inslniineiiis are i17ilially recogiiised ai Irai)saclioii valiie aiid subsequently t)ieasLiied at theii. settleiiient valiie willi the exception of bank loails whicli are subsequently Ineasiired at dinoi'lised cost usiiig Ilie effecttve iiitei'esl ii)ethod. Casli at bniik iiii(I In llund Cic sli al baiik and Ll¢ sli in h41nd includes cash ai)d shoit tenn hiLilily IiqLITd ii)veslniciirg willi a slioi1 mRtLlI-ity of 11)I'ee iiionths oi. lvss froiii tlie date of acquisition or opening of ih¢ depL)Sii oi. siinilai- accoLint. INVCSTMf.NT INCOME 3l.3.24 31.3.23 Deposit accoiint interest 7.898 1,978 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activity Healiliwatch Hertfordsliire Gi'aiils 458,128 418,468 Gi'ants received, inclLided in Ihe above, ale a8 follows: 31.3.24 31.3.23 klcc Core Fiinding HCC Col'e Contiact Vai'ialion 429,715 28,413 416,968 458,128 416,968 OTHEI R INCOM 31.3.24 31.3.23 Coininissioned work Other incoTne 58.297 1.500 74,296 994 59,797 75290 Pagell continued...
HEALTHWAI'CH HLII'I'I."OIiDSIIIRE LIMITLI) NOTE(S TO THE FINANCIAL STATKME¢ NTS- contiiiiied FOR THE YEAII F.NDED 31 MAIICH 2024 CHAIIITABLE ACTIVITIES COSTS Dii'ect Cosls HeEtltliivalch Hertfoi'dshii'e 488 C)58 NEIT INCOMEI l(Ci xpfi,NDITURE) Net incomel(expenditure) is sl2< led after cl)<irgiiig/(creditiii¥): 31.3.24 31.3.23 Deprecialion - owiied assets 3,329 4.165 TRUSTII [*S' REMUNEIiATION AND IIENFFITS Thei'e wei'e i)0 ti'ustees, remiinei'alion or otlier beiiefils for the year ciided 31 Marcli 2024 noi. for tlie year ended 31 Mai'cli 2023. Trustees, ¢xpens¢s 31.3.24 31,3.23 Trustees, expenses 541 91 ST AFF COSTS 31.3.24 31.3.23 WagFes aiid 8alai.ies Social security costs Other pei)sion costs 378,226 31.0114 18.094 330,111 29,196 14,968 427,364 374,275 Tl)e average monthly nuniber of employees during 11)e year was as follows: 31.3.24 31.3.23 Managenient Adininisli'alion 13 12 No employees received emoluinenls in excess of £60,000. Page 12 ¢onlinued.-.
HEALTHWAI"CH HII RTFORDSHIIiE LIMI'I'ED NOI'CI S TO THf FINANCIAL STATFMCI NTS- eontiiiiied FOR"fHL YEAR ENt)ri.D 31 MAIICH 2024 io. 2023 COMPARATIVIS FOR THE STATF.MENT OF FINANCIAL ACTIVII'IEIS Uni'eslriLted riiiids INCOMI AND ENDOwmNTs fiROM Cliai'itable ilLlivi¢ies Healiliwatcli Hei-lfoi'dsliire 418,468 Inveslliieni incoine Othei. ii)coine 1,9711 75,290 Total 495.736 FXPE( NDITURF ON Cl)arllAble activities Heallhwalcli Hertfoi'dshire 433,433 Other 91 Total 433,524 NCIT INCOME 62,212 REICONCILIATION or ruNDS Total fvi)ds bi'ouglit foi'ward 291,349 TOTAL FUNDS CARRIED FORWAIiD 353,561 TANGIBLE FIXED ASSETS Coiiiputer eqiiipinent COST At l April 2023 Additions 42,306 1,906 At 31 Mai'cli 2024 44,212 DEPRECIATION At l Apiil 2023 Chorge for year 39,236 3,329 At 31 March 2024 42,565 NCIT BOOK VALUE At 31 MArch 2024 1,647 At 31 March 2023 3.070 Page 13 continued..
HEI ALTIIWATCH HERTFORDSHIRE LIMITCI D NOTf.s TO THF, FINANCIAL STATEMENTS- colltiniied FOII'I'IIE YCI AR ENt)r.D 31 MAIICH 2024 12. DEBTORS: AMOUNTS fiALLING DUE WITHIN ONC YEI AR 31.3.24 31.3.23 Ti'ade debi()rs l)i'epayinei)Is 2¢ nd acci'iied inLoi)ie 25,500 604 7,999 7,999 26,104 13. CIICDI'foRS: AMOUNTS FALLING DUI WITHIN ONE YEI AR 31.3.24 31.3.23 Social seciiriiy 4tiid otliei- taxes A¢ci'iials and defei'i'ed income 4,796 12.482 1,400 6,107 13,882 14. MOVEMENT IN FUNDS Nel Inoveinent in funds At 31.3.24 Al 1.4.23 Uiirestrleted fuiids Gei)ei'al nd Coiiliiigei)cy nd C.uiiipul¢rs, software li)d inslallation Website developi)ienl costs 149,061 200,000 3,500 1,000 36.324 185,3 85 200,000 3,500 1,000 353,561 36.324 389,885 TOTAL FUNDS 353,561 36,324 389.885 Net iiioveinenl Tn funds, included in the above are as follows.. Incoining re50uires Resoui'ces expeT)ded Moveiiient in fiinds Unrestricted funds Genei'al fund 525,823 (489,499) 36,324 TOTAL FUNDS 525.823 {489,499) 36,324 Page 14 continLied...
HLI AL'I'HWA'I'CII 14LR'i'foiiDsHIRE LAMI I LD NOTES TO THF FINANCIAL grATEMENTS- eoiitinued FOR THE Yct AR F.NDf.D JI MARCH 2024 14. MOVCMCI NT IN f4UNDS- c()iiliiiMed Co)np#i'aÉives loi. Jiioveiiienl lil funds Net iiiovei)ienl iii liinds Al 31.3.23 Ai 1.4.22 Uilrestricted fiinds Genei'al tuiid Conlingciicy fuii(I Coinpiilei's, software and installalion Website developinent Losts 86,849 200,000 3,500 1,000 62,212 149,061 200,000 3.500 1,000 291,349 62,212 353,561 TOTAL fiUNDS 291,349 62.212 353,561 Comparative net inoveinenl iii lunds, iiicluded iii ihe above are as follows: lJ)coiiiing resources Resoui-ces expended Moveinent in funds Uiii'estrlcted funds Genei'al fuiid 495,736 (433,524) 62,212 TOTAL FUNDS 495,736 (433,524) 62,212 A ciii'renl yeai. 12 months and prior yedr 12 monilis coinbined position is as follows: Net moveinent in ftinds At 31.3.24 Ai 1,4.22 Uiiresti.l¢ted fiinds Gei)ei'al fund Coiitiiigeiicy fund Coinpulci'%. software and installaiion Website developineiit Coyls 86.849 200,000 3.500 1.000 98,536 185,385 200.000 3.500 1.000 291.349 98,536 389,885 TOTAL FUNDS 291,349 98,536 389,885 Page15 conliiiued...
IILI AL'fHWATCH HERTFORDSHIRE LAMITLD NOTES TO THC FINANCIAL STATEMCI NTS- confiiiued FOR THf, YiAIi ENDLD 31 MAIICH 2024 14. MOVEMCI NT IN FUNDS- COtilled A curreiit yeai. 12 month5 and pi'ioi. year 12 1)iuntlis coinbined ilet inoveniciit in tiiiid8, incliided ii) 11)e ¥21)ove air LIS rollows: Ii)c()iiiing resoiirLes Resoiii'ces expeiided Moveii)ent ii) fiinds Uiiyestyieted luii(15 L¥enei'al fliiid 1,021.559 (923.023) 98,536 TOTAL fiUNDS 1,021.559 (923,023) 98.536 15. 11[4 LATED PARTY DISCLOSURES Tlie key ii)aiiagei)ient persoiinel of Ilie chlority who are ieiniinei?ted coiiipi'ise Ilie Chief Executive Officei., two Deputy Chiet" Execiilive Officers, the Senior Research Manager and the Resoiii'ces and filiai)ce Maiiagei.. The total einploy¢e benefits ofihe key Inanagemei)I pei'sonnel of the cl)arity wele £180,666 (2023 £165,627). Page 16