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
I￿depe1}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 stai￿aI.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 I￿all17 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 $tlltel￿ett¢
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 Co1￿1)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 ENDOwm￿NTs 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- CO￿till￿ed
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