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2021-04-01-accounts

Registered charity number: 1158296

Report and Accounts

Period Ended 1 April 2021

www.nehwg.co.uk neheartswithgoals@gmail.com

North East Hearts With Goals

Contents of the Accounts

for the period ended 1 April 2021

Page
Members of the board and professional advisers 2
Trustees' annual report 3 to 6
Statement of trustees' responsibilities 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 to 14

Page 1

North East Hearts With Goals

Members of the Board and Professional Advisers

CURRENT TRUSTEES L Bewick
L Hardy
N Ainsley
ADDRESS SV Rutter Ltd
Unit 4
126 Great Line Road
Newcastle upon Tyne
NE12 6RU
TELEPHONE 07881 099 261
EMAIL neheartswithgoals@gmail.com
WEBSITE www.nehwg.co.uk
BANKERS Barclays Bank
Manor Walks
Cramlington
Northumberland
NE23 6QP
ACCOUNTANTS Glen C Rodger Limited
Chartered Accountants
Cragside House
Heaton Road
Newcastle upon Tyne
NE6 1SE

Page 2

North East Hearts With Goals

Trustees' Annual Report for the period ended 1 April 2021

The trustees present their report and the accounts for the period ended 1 April 2021. The financial statements have been prepared in accordance with the accounting policies on page 11 and comply with the charity’s trust deed and applicable law.

The Association was established under a trust deed dated 1 March 2014 and is a registered charity (No. 1158296.)

TRUSTEES

The following persons served as trustees during the whole or part of the year:

L Bewick L Hardy N Ainsley

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity is to advance the health and safety of lives by:

• advancing the education of the general public in all areas relating to sudden cardiac arrest, CPR and early defibrillation.

Delivering our aims

We work closely with local councils to ensure maximum participation with placements of defibrillators within schools. We have a close working relationship with the North East Ambulance Service who provide our training to placements. We now have more volunteers working in different areas of the North East to spread awareness.

The public benefit of our work is clear. 30 lives have already been saved by our defibrillators. We have a very active social media presence and share trusted information with the public regarding defibrillators and CPR. Hundreds more people in the North East are now confident to use a defibrillator and carry out CPR.

We use local celebrities to raise the profile of North East Hearts with Goals.

We network and work together with other likeminded charities.

We are working with several subsets of families who are working to improve their own areas with defibrillator placement. This ensures we can reach the heart of the communities we help.

Page 3

North East Hearts With Goals

Trustees' Annual Report

for the period ended 1 April 2021

Focus

Our main focus has been the placement of defibrillators into public places. Defibrillators placed has exceeded our target and we aim for 500+. Some of these are public access defibrillators safeguarding communities.

We have arranged training for many communities and will continue to make the public more aware of the need to learn CPR.

We now have a qualified counsellor for those affected by cardiac issues. She gave up her free time to provide counselling for those affected by Covid.

We will continue to build relationships and engage with local communities. Knowledge is crucial in getting teens and adults learning CPR.

We will forge new partnerships for maximum exposure.

Structure

The charity relies on volunteers. The majority of training is free via the North East Ambulance Service. We are working with community first responders to deliver awareness sessions.

Expenses for trustee travel/expenses etc. have been met.

All trustees are aware of the charities significance and how it is shaping the North East to become a heart safe region.

Funding

Principal funding comes from charitable donations from runners, swimmers etc. and partnerships with local supermarkets and an initiative with Enviroclothes.

ACHIEVEMENT AND PERFORMANCE

The trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the commission.

During the period, the charity managed to place even more defibrillator units and a list if locations where these were placed can be found on our website:

www.nehwg.co.uk/aedsplaced

Page 4

North East Hearts With Goals

Trustees' Annual Report for the period ended 1 April 2021

The high points of the year included:

We were awarded the Queens Award for Voluntary Service. The equilvalent to an MBE.

More saves with our AEDs.

Our Annual Ball was an amazing success with over 350 people in attendance.

FINANCIAL REVIEW

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised.

Results for the period

At 1 April 2021 the charity had unrestricted funds of £49,573 (2020 - £62,946). This meets the charities objective of having sufficient unrestricted fund to cover at least three months expenditure. The Trustees are working to maintain unrestricted funds.

The charity had no restricted funds as at 1 April 2021 (2020 - £NIL).

Page 5

Trustees' Annual Report for the period ended 1 April 2021

North East Hearts With Goals

FUTURE DEVELOPMENTS

Covid has thrown a real curve ball for all charities. There are less events taking place, sponsored event have been cancelled has been a truly testing time for everyone.

We will continue to encourage our supporters to recommend us as their chosen charity within the workplace. We have already had some success with this over the last year with match funding etc. We will also apply for grants.

We will continue to encourage people to get involved in sponsored activities such as Great North Run, Coast to Coast bike rides, coffee mornings etc.

We will seek to become chosen charities with further major retailers in the hopes of raising more awareness and funds.

We will do our best to continue our activities supporting families during covid with counselling and defibrillator placement.

ON BEHALF OF THE BOARD:

L Hardy Trustee 25 January 2023

Page 6

Statement of Trustees Responsibilities

North East Hearts With Goals

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources for that period. In preparing those financial statements, the trustees are required to:

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is in appropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records which are sufficient to show and explain the charity’s transactions and to disclose with reasonable accuracy at any time the financial position of the Association, and to enable them to ensure that any statements of account comply with the requirements of the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 7

Independent Examiner's Report to the Trustees of North East Hearts With Goals

I report on the accounts of the Trust for the period ended 1 April 2021, which are set out on pages 9 to 14.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

T W Duffy FCA Glen C Rodger Limited Cragside House Heaton Road Newcastle upon Tyne NE6 1SE

25 January 2023

Page 8

North East Hearts With Goals

Statement of Financial Activities for the period ended 1 April 2021

Unrestricted
Restricted
Notes
funds
funds
£
£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
2
10,000
-
Activities from generating funds
3
29,076
-
Investment income
4
-
-
Total incoming resources
39,076
-
RESOURCES EXPENDED
Costs of generating funds
Fundraising trading: costs of goods sold
and other costs
5
34,316
-
Support costs
18,133
-
Total resources expended
52,449
-
Net incoming/(outgoing) resources
(13,373)
-
RECONCILIATION OF FUNDS
Total fund brought forward
62,946
-
Total funds carried forward
49,573
-		 2021
£
10,000
29,076
-
39,076
34,316
18,133
52,449
(13,373)
62,946
49,573		 2020
£
-
78,346
-
78,346
76,205
20,366
96,571
(18,225)
81,171
62,946

Page 9

North East Hearts With Goals

Balance Sheet As at 1 April 2021

Notes
FIXED ASSETS
Plant and machinery
8
Motor vehicle
8
CURRENT ASSETS
Debtors
9
Stocks
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
12
Restricted funds
12		 2021
£
19,683
24,576
44,259
445
4,800
69
5,314
-
5,314
49,573
49,573
49,573
-
49,573		 2020
£
21,870
30,720
52,590
-
7,200
3,156
10,356
-
10,356
62,946
62,946
62,946
-
62,946

The financial statements were approved by the Board of Trustees on 25 January 2023 and were signed on their behalf by:

L Hardy Trustee

Page 10

Notes to the Financial Statements for the period ended 1 April 2021

North East Hearts With Goals

1. ACCOUNTING POLICIES

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

Incoming resources

Donations and legacies are accounted for when received by the Charity. Other income is accounted for on an accruals basis as far as it is prudent to do so. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Interest income

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

These are capitalised if they can be used for more than one year, and cost at least £2,500. They are valued at cost. The deprecition rates and methods used are:

deprecition rates and methods used are:
Plant and machinery 10% reducing balance basis
Motor vehicle 20% reducing balance basis

Stocks

Stocks represent defibrillators which are yet to be placed or which are currently on loan to families with children at risk of cardiac arrest. Stock is valued at the lower of cost and net realisable value.

Taxation

As a registered charity the Association benefits from rates relief and is generally exempt from Income Tax and Capital Gains Tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

2. VOLUNTARY INCOME

Voluntary donations - general funds
Voluntary donations - restricted funds		 2021
£
10,000
-		 2020
£
-
-

Page 11

North East Hearts With Goals

Notes to the Financial Statements

for the period ended 1 April 2021

3. ACTIVITIES FROM GENERATING FUNDS
Income from fundraising and events
4. INVESTMENT INCOME
Interest receivable
5. FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS
Purchases of defibrillator units
Fundraising: event expenses		 2021
£
29,076
29,076
2021
£
-
2021
£
15,258
19,058
34,316		 2020
£
78,346
78,346
2020
£
-
2020
£
34,563
41,642
76,205

6. TRUSTEES REMUNERATION AND BENEFITS

During the year no trustees received any remuneration from the charity.

There were no trustees' expenses paid for during the year ended 1 April 2021.

7. STAFF COSTS

The average monthly number of employees during the year was NIL. The charity relies on volunteers.

Page 12

North East Hearts With Goals

Notes to the Financial Statements for the period ended 1 April 2021

8. FIXED ASSETS

Cost
At 2 April 2020
Additions
Disposals
At 1 April 2021
Accumulated depreciaiton
At 2 April 2020
Additions
Disposals
At 1 April 2021
Net book value
At 1 April 2021
At 1 April 2020
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
funds
£
Current assets
5,314
Current liabilities
-
5,314		 Plant &
Machinery
Motor
Vehicle
Total
£
£
£
30,000
60,000
90,000
-
-
-
-
-
-
30,000
60,000
90,000
8,130
29,280
37,410
2,187
6,144
8,331
-
-
-
10,317
35,424
45,741
19,683
24,576
44,259
21,870
30,720
52,590
2021
2020
£
£
445
-
445
-
2021
2020
£
£
-
-
-
-
Restricted
Total funds
Total funds
funds
2021
2020
£
£
£
-
5,314
10,356
-
-
-
-
5,314
10,356		 Total
£
90,000
-
-
90,000
37,410
8,331
-
45,741
44,259
52,590
2020
£
-
-
2020
£
-
-
10,356

Page 13

North East Hearts With Goals

Notes to the Financial Statements for the period ended 1 April 2021

12. MOVEMENT IN FUNDS

. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS		 At 1
March
2020
£
62,946
-
62,946
Incoming
resources
£
39,076
-
39,076		 Net
movement
in funds
£
(13,373)
-
(13,373)
Resources
expended
£
52,449
-
52,449		 At 1
April
2021
£
49,573
-
49,573
Movement
in funds
£
(13,373)
-
(13,373)

Page 14