Charity registration number 1162634
AED Donate
Annual Report and Financial Statements
For the year ended 31 July 2024

AED Donate
Legal and administrative information
Trustees
Mr P Walker
Nissj H Morris
Niss L Lead
Dr J Bingham
Miss J Gallimore
Mr D Whitehouse
(Appointed 23 November
2023)
{Appointed 23 November
2023)
Mr C Hudey
Charity number
1162634
Audltor
DJH Audit Limited
The Glades
Festival Way
Festival Park
Stoke-on-Trent
Staffordshi
STI 5SQ

AED Donate
Contents
Page
Trustees report
Independent auditor's report
statement of ff nancial activities
Statement of financial position
statement of cash flows
io
Notes to the finan¢Oal statements
11-24

AED Donate
Trustees report
For the year ended 31 July 2024
The Trustees present their annual report and finanaal statements for the year endeij 31 July 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I
to the financial statements and comply with the charity's constitution, the Charities Act 2Qll Jnd
Accounting ènd Reporting by chariti￿.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Finanaal Reporttng Standard applicable in the UK
Republic of Ireland IFRS 1021. leffertive l January 2019).
Objectives and activities
We start by reflecbng Dn the continued progress and growth of AEDdonate over the past year. Desprce
economic pressure5 and a reduction in grant fvnding, the organÈsation ha5 remained resilient and
committed to its mission. Together, we have continued to make a real impact on improving su￿1Val rate5
from out of hospital cardiac arrests through wider access to life-saving defibrillators and training.
Over the financial year, we experienced strong performance in key operational areas. While total income
reduced slightly compared to the previous year, income from core activitie5 remained healthy. Retail
incorne remained a vital contributor. and our fundraising through community events saw a significant
uplift.
Throughout thÈ year, we remained f(Kused on public education and community engagement, equipping
more individua15 Wlth the knowledge and confidence to respond in cardiac emergencies. Installations of
new defibrillators rose this year compared to the previous year. showing strong ongoing demand and
imF*act across communities.
A central part of our strategy contlnues to be collaboration. We have worked with local authorities,
community groups, schools, and buslnesses to extend our reach. Our events and campaigns have not on
raised vital funds but also increased publlc awareness of the importance of accessible AEDS.
The charity continues to evolve operationally. Our retail division is now supported by a dedicated donatio
and logistics centre. further aligning with our commitment to sustainability and community support. These
evelopments also provide employment and volunteering opportunities. strengthening our social impact.
This year, we welcomed new Trustees and expanded our governance capacity. We also revlewed our
Internal pr￿eSSeS and resource planning to ensure we remain agile and resptsnsive Én the ajrrent funding
envlronment.
Volunteers are the heartbeat of AED Donate. Over the past year. they have contributed to everything from
fundraising events to training delivery and defibrillator maintenance. We are incredibly grateful for the
time, energy, and passion our volunteers bring, and we look forward to expanding our Volunteer Team in
the year ahead.
Trustees regularfy review strategic and operational risks, with particular attentlon paid to financial
sustainability and servitt delivery. Cash flow remained positive throughout the year, and Tmstees have
taken proactlve steps towards strengthening reserve5 through increased revenue generation and cost
control.
No major risks were identifted during the reporting period that would affett the charity's ability to continue
Its operations.

AED Donate
Trustees report (continued)
For the year ended 31 July 2024
Plans for future periods
In line with our core mission to save lives from sudden cardiac arrest. our strategic objectives for the
forthcoming year are focLJsed on expanding reach. increasing impart. and strengthening community
engagemerbt. A key prionty 15 the expansion of defibrillator placements. with an emphasi5 on converting
existing indoor units into publidy accessible outdoor cabinets to ensure 2417 availability in criticèl
situations. We also plan to open additional retail shops to diversify income streams and enhance our
presence within local communities. Further development Df our Volunteer Team will enable us to provide
essential support for events, faalitate defibrillator maintenance. and extend the delivery of educational
initiatives. Enhancing our tralning and awareness programmes remains central to our efforts, particularly
through targeted outreach in sd)ools and communrties. In addition. we are committed to strengthening
st￿tegiC partnerships to extend our services better 5UPPQrt more wmrnunitie5. Collectively, these
initiative5 will advance our life saving work and deepen our impart acr055 the communities we serve.
structurei governance and management
The Trustees who seryed during the year and up to the date of signature of the finanaal statements were..
Mr P Walker
Miss l H Morris
Miss L Lead
Dr J Bingham
Miss J Gallimore
Mr D Whiteh¢>use
Mr C Hurley
(Appointed 23 November 2023)
(Appointed 23 November 2023)
Trustee selertion method
Trustees are elected by the membership
rbew trustee5 may be co-opted during the year but must be
formally elected at the next AGM. Tnjstees are elerted to serve for a term of three years and retire by
rotation. They may stand for re-election at the end of their term.
Applications or nominations for tnJstees are invited before every AGM. In addition, and Interim vacanoes
are advertised to the whole membership, and add¥tionalty In case of the lay Trustee vla varlous recruitment
organisatiDns. The Trustees seek to identify and fill and skill gaps with appointments. Potentlal trustees
speak informalty with the Chair, and in addition usually attend a meeting before a final decislon.
Organisatlonal structure
The Tnjstees oversee the CIO and meet approximately 6 tirnes per year.
Cornmittees and sub-committees are responsible for the implementation of the organisation's strategy and
are fully answerable to thè trustee. Each committee involves at least one trustee. to enable communication
and oversight. The svb-committees are largely ¢om])osed of volunteer members and meet apprtsxlmately 6
tlmes per year.
The trustees are accountable to the AED Donate rnembers at Annual General Meetings, and members are
permitted at any time to ralse issues for consideration or question decisions.

AED Donate
Trustees report (continued)
For the year ended 31 July 2024
Statement of Trustees responsibilities
The Trustees are responsible for preparing the Trustees Report and the financial staternents 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 & the
incoming resources and application of resources of the charity for that year.
In preparing these f1nanaal statements. the Trustees are required to..
select suitable accounting policies and then apply them consistently;
observe the methods arhd principles in the Charittes SORP-
make judgements and estimates that are reasonable and pnjdent:
statÈ whether applicable accounting standards have been followed, subject to any material departures
dlsclosed and explained in the financial sktements; and
prepare the financial statements on the golng concem basis unless it is inappropriate to presume that
the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disdose with rÈasonable
accuraty at any time the financial position of the charity and enable them to ensure that the finartcial
statements comply with the Charltles Act 2011, the Charity (Accounts and Reports) Regulations 20Q8 and
the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and
hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities.
Closing Remarks
Desplte the financial challenge5 of the past year. AED Donate has continued to make a meaningful and
measurable difference. We are proud of the work achieved and excited for the opportunitie5 ahead. On
behalf of the Trustees. we thank all staff. volunteers. funders, and supporters for your invalLJable
contributions.
TDgether, we are building stronger. safer, more heart safe communities.
The Trustees report was approved by the Board of Tnjstees.
Mr P Walker
Chair
Date..

AED Donate
Independent auditor's report
To the Trustees of AED Donate
Opinion
We hève audlted the financial statements of AED Donate {the 'charity'l for the year ended 31 luly 2024
which comprise the statement of financial act¢vities, the statement of financial position, the statefflent of
cash flow5 and notes to the financial statements, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, includsng Financial Reporting Standard 102 7he Financpal Reporting Standard
applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 July 2024 and of its incoming
resources and applicatlon of resources. for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Prartice- and
have been prepared in accordance with the requirements of the Charities Art 2011.
Basis for opinion
We conducted our audit in accordance with Internatitnal Standards on Auditing (UK) (ISAS {UKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's
résponsibilities for the audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethical requirements that ère relevant to our audit of the financial
statements in the UK, including the FRC'5 Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requiretnents. We believe that the aud5t evidence we have
obtained is sufficient and appropriate to provFde a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees use of the going concern basis of
accountlng in the preparntlon of the financial ststements is approprratÈ.
Based on the wtsrk we have performed, we have not identyfied any material uncertainties relating to events
or conditions that, indivldually or collectively. may cast significant doubt on the charity s ability to continue
as a going concern for a period of at least twelve months from when the financial statements are
authorised for Issue.
Our responsibilities and the ￿sponSibl11tieS of the Trustee5 Wlth respert to going concèrn are descrlbed in
the relevant settion5 of this report.
Other lrtformation
The other inforrnation comprises the infomiatfion included in the annual report other than the financial
statements and our auditor's report thereon. The Trustees are responsible for the other information
contained within the annual report. Our opinion on the finanaal statements does not cover the other
information and we do not express any forni of assurance conclusion thèreon. Our responsiblllty is to read
the other information and, In dolng so. consider ivhether the other information is materially inconsistent
with the financial statements or our knowledge obtained in the course of the avdit, or otherwise appears to
be materially misstated. If we identify suth Material inconsistencies or apparent material misstatements.
we are required to determine whether this gives rise to a material misstatement In the financial
statements themselves. If. based on the work we have performed, we conclude that there 15 a material
misstatement of this other information. we are required to report that fact.
We have nothing to report in this regard.

AED Donate
Independent auditor's report (continued)
To the Trustees of AED Donate
Matters on which we are required to report by exceptton
We have nothing to report In respect of the following matters in relation to which the Charities {Accounts
and Reports) Regulations 2008 reouire us to report to you if, in our opinion=
the information given in the financial statements is inconsistent in any material respect with the
Trustees report. or
sufficient accounting records have not been kept- or
the financial statements are not in agreement with the accounting records,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the statement of Trustees responsibilities. the Trustees are responsible for the
preparntion of the finanoal statements and for being satisfied that they give a true and fair view, and for
such intemal control as the Trustees deterniine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error. In preparing the
financial statements, the Trustees a￿ responsible for assessing the charitys ability to continue as a going
concern, disclosing, as applicable, matters related to going concem and using the going tontern basis of
accounting unles5 the Trustees either intend to cease operations, or have no realistic altemative but to do
so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under seciion 144 of the Charities Act 2011 and report in accordance
with the Act and relev3nt regulations made or having effert thereunder.
Our objertives are to obtain reasonable assurance about whether the h'nanLial ststements a5 a whole are
free from material misstaiement. whether due to fraud or error, and to issue an auditor's report that
include5 our opinit>n. Reasonable assurance is a high level of assurdnce but is not a guararbtee that an
audit conducted in accordance with ISA5 {UK) will always detect a materlal misstatement when it exists.
Misstatements can arise from fraud or e￿Or and are considered Mate￿al If, individually or in the
aggregate, they could reasonably be expected to influencÈ the economK declsions of users taken on the
basis of these financial statements.
Irregularities, tntluding fraud, are instances of non-compliance with laws and regulation5. We design
procedures in line with otjr responsibilities. outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting Srregularities,
including fraud Is detailed below.
The extent to which the audit was considered capable of detecting irregularitie5 lrtcluding fraud
Our approach to identifying and a55èssing the risks of material misstatement in respect of irregularities,
induding fraud and non-compliance with laws and regulations. was as follows=
th2 engagement pèrtner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws
and regulation5-
we identified the laws and regulations applicable to the company through dlscussion5 Wlth
dirertors and other management. and from our commercial knowledge and e%perOence of the
company,.
we assessed the extent of compliance wlth the laws and regulations identified above through
making enquiries Df management and inspecting legal COr￿spondenCe- and
identlfied laws and regulations were communicated within the audit team regularly and the
team remained alert to instances of non-tornpliance throughout the audit.

AED Donate
Independent auditor's report (continued)
To the Trustees of AED Donate
We assessed the ￿sceptIbIlity of the company s financial statements to material misstatement, induding
obtaining an understanding of how fraud might occur, by-
making enquiries of management as to where they considered there was susceptibility to
fraud, their knowledge of actual, suspected and alleged fraud,. and
considering the internal controls in place to mitigate risks of fraud and non compliance with
laws and regLJlations.
To address the risk of fraud through management bias and overrrde of controls. we-.
performed analytical procedures to identify any unusual or unexpetted relationships,.
tested journal entries to identify unusual transactions: and
assessed whether judgements and assumptions made in determining the accounting estimates
were indicative of potential bias.
In response to the risk of irregularities and non-compliance with laws and ￿gUlatIOns, we deslgned
procedures whlch included, but were not limited to..
agreeing financial statement disdosures to underlying supportlng documentation;
enquiring of management a5 to actual and potential litigation and claims; and
reviewing CO￿espOndente with HMRC, relevant regulators Indudlng and the company's legal
advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-
¢ompli8nce. Auditing standards also limit the audit procedures required to identify non-complian￿ with
laws and regulation5 to enquiry of the d1￿CtorS and other management and the Inspection of regulatory
and legal cotTespondence, if any.
Material misstatements that arise duè to fraud can be harder to detert rhan those that arise from error as
they may Involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council s website at:
https'.//www.frc.org.uklauditorsre5ponsibilities. This de5CriPtion forms part of our audltor's report.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charitses
{Accounts and Reports) Regulations 2008. Our audit worf< has been undertaken so that we might state to
the charity's trustees those matters we are required to state to them in an audstor's report and for no
other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone
other than the charity and the charity's trustees as a body. for our audit work, for this report, or for the
opinions we have formed.

AED Donate
Independent auditor's report (continued)
To the Trustees of AED Donate
Gary Chadwiek FCCA Csenior Stattstory Auditor)
for and on behalf of DJH Audit Limited
gFlJ..{&L[
ststutory Auditor
The Glades
Festival Way
Festival Park
Stoke-on-Trent
Staffordshire
sri 5SQ
DJH Audit Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under sertion 1212 of the Comparkies Act 2006.

AED Donate
Statement of financial activities
Including income and expenditure account
For the year ended 31 July 2024
Unrestrirted Restricted
funds
fvnds
2024
2024
Total Unrestricted Restrirted
funds
fvnd$
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and
legacies
Charitable activities
other tradlng
activities
16L.436
789.672
22.470
183,906
789.672
L94.765
748,44S
169.547
364,312
748,445
218.648
240
218.648
240
188.496
141
188,496
141
Investments
Other income
3,507
3.507
10.192
10.392
Total income
1.173.503
22.470
1,195.973
1,142,239
169.547
1,311,786
Expenditure on:
Raising funds
Charitable activities
240,627
1.039.678
240.627
1.070.879
259.771
844,054
259.771
987.515
31.201
143,461
Total expenditure
1.280,305
31,201
1.311,506
1,103,825
143,461
1,247.286
Net ¥n¢ome/(expenditure)
1106.802)
18.7311 {115.5331
38.414
26,086
64.500
Transfers between
funds
13,436
113,4361
Net movement In
funds
1106.8021
{8.731) (l15.533)
51.850
12,650
64,500
Reconciliation of funds:
Fund balances al l August
2023
116,906
12.650
129.556
65,056
65,056
Fund balances at 31 July
2024
10.104
3.919
14,023
116.906
12,650
129,556

AED Donate
Statement of financlal position
As at 31 July 2024
2024
2023
Notes
Fixed assets
Tanglble assets
14
79.268
59,735
Current assets
stocks
Debtors
Cash at bank and in hand
15
44.496
129.052
55.302
Il9.138
115.665
40.180
16
228,850
274.983
Creditors: amounts falling due
wlthin one year
18
(267.243)
(172,755)
Net current (liabilities)/assets
138.3931
102,228
Total assets less current liabilities
40,875
161.963
Creditors: amounts falling due after
more than one year
19
{26.852)
132,407)
Net assets
14,021
129,556
The funds of the charity
Restricted income funds
Unrestncted funds
21
3.919
10.104
12.650
116,906
22
14,023
129.556
The financial starements were approved by the T￿Stee5 on .
..*1 J16JL.S...
Mr P Walker
Chair

AED Donate
Statement of cash flows
For the year ended 31 July 2024
2024
2023
Notes
Cash flows from operating artivities
Cash generated tsom operations
27
59,862
7,496
Investin9 activities
Purchase of tangible fixed asset5
Proceed5 frorn disposal of tangible fixed
assets
Investrnent income received
{52.884}
146.0751
13.459
240
20.OLY)
141
Net cash used in Investlng activities
(39,1851
125,9341
Financing activities
Repayment of bank loans
(5,5551
15.555)
Net cash useil in financing act•vities
15.5551
15,5551
Net increasel(decrease) in cash and cash
equivalents
15,122
{23,9931
Cash and cash equivalents at be9inning of year
40,180
64,173
Cash and cash equivalents at end of year
55.302
40,180
io-

AED Donate
Notes to the financlal statements
For the year ended 31 July 2024
Accounting policies
Charity (nfomlation
AED Donate is a charitable incorporated organisation. In the event of the charity being wound up, the
embers of the CIO have no liability to contribute to its assets and n¢ personal responsibility for
settling its debts and liabilities. The nature of the charity's operations and principle activities are
desuibèd in the Trustee's Report.
1.1 Accounting convention
The financial statemèrbts have been prepared in accordance with the charity's CIO, the Charities Act
2QI I, FRS IQ2 -The Financial Reporting Standard applicable in the UK and Republic of freland" {°FRS
lQ2-) and the Charities SORP 'Accountirbg and Reporting by Charities.. Statement of Recomrnended
Practlce applicable to charities preparing their accounts in accordance with the Financial Reportin9
Standard applicable in the UK and Republic of Ireland (FRS 102)" {effective l January 2019). The
charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling. which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
1.2 Going concÈm
These financial statements are prepared on the going concern basis. The charity's fund balances have
depleted at the end of the year as a result of reduced donations and grant income. although they
rernairh p(￿ltIVe, and strategies to increase fund5 have been implemented which include defibrillator
sales and more retall units, such that the Trustees have a reasonable expettation that the charity will
continue in operdtiortal existence for the foreseeable future.
1.3 Charitable funds
Unrestricted funds are avallable for use at the discretion of the Trustees in furtherance of their
charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used.
The purtxjses and uses of the restnrted funds are set out in the notes to the finanaal statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have
been mer. the amounts can be measured reliably. and it is probable that inctsme will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, unless perfDmance conditions require deferral of the amount. Income tax
recoverdble in relation to donations received under Gift Ald or deeds of covenant is re¢ognised at the
time of the donation.
Legacies are recognised on receipt or otherwise if the charsty has been notified of an tmpending
dlstribution, the amount is known, and receipt is experted. If the amount Is not known. the legacy
treated as a contingent asset.
li

AED Donate
Notes to the flnanclal statements (contlnued)
For the year ended 31 July 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recogni5ed un￿ there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economrc benefits will be ￿Qui￿d in settlemenL and
the amount of the obligation can be measured reliably.
Expenditure is dassified by activity. The costs of each activity are made up of the total of dI￿rt costs
and shared costs, including support costs involved in undertaking each activity. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs which contribute to
more than one activity and sUPPQrt Costs which a￿ not aitrtbutable to a single activity are
apportioned between those activities on a basis COllSlStent with the use of resources. Central staff
costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion
of the asset s use.
1.6 Tanglble fixed assets
Tangible fixed assets are inrtially measured at Cost and subsequently measured at cost or valuatlon,
net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual valLtes
over their usefvl lives on the following bases..
Fleet Equipment
Office fixtures and fittings
Shop fixtures and fittings
Motor vehicle5
Office Equipment
15% Reduang Balance
15Wo Reduong Balance
15% Redvong Balance
25% Reducing Balance
33% Straight Lrne
The gain or loss arising on the disposal of an asset is deterniined as the difference between the gle
proceeds and the carrwng value of the asset, and Is recognised In the statement of financial
artivities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any
such indication exists, the recoverable afflount of the asset is estimated in order to determlne the
extent of the impalrment loss (if any).
1.8 Stocks
stocks are stated at the lower of c05t and estimated selling price less costs to complete and sell. Cost
cOmp￿Se5 direct materials and, where applicable, direct labour costs and those overheads that have
been incurred in bringing the stocks to their present location and condition. Items held for
distribution at no or nomrnal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all eskn"mated costs of completion and costs to
be incurred in marketing, selling and distribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term
liquid investments with original maturities of three months or less.
12

AED Donate
Notes to the financial statements (continued)
For the year ended 31 July 2024
Accountin9 policies
(Continued)
1.10 Finartcial instruments
The charity has elected to apply the provisions of Settion 11 '8asic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the tharity becomes party
ro the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financlal statements,
when there Is a leg311y enforceable right to set off the recognised amounts and there is an intention
to settle on a net basis or to realise the osset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initrally measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the
tt7nsaction is meisLJred at rhe present value of the future receipts discounted at a market rate of
Interest. Financial assets classified as receivable within one year are not amortised.
Bask finandal liabilitles
8aslc flnanoal liabilities, including creditors and bank loans. are initially ￿CogniSed at transaction
prlce unless the arrangement constitute5 a financing trdn5attion, where the debt instrument is
measured at the present value of the fvture payments discounte(J at a market rate of interest.
Flnancial liabilities classified as payable within one year are not amortised.
Debt Iiistrurnents are subsequendy carried at amortised cost. using the effective interest rate
method.
Trade creditors are obligations to pay for goods or servi￿$ that have been acquired in the ordlnary
course of operations from suppliers. Amounts payable are classified a5 current liabilities if payment is
due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are
recognised Initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employees
services are received.
Termination benefits are recognised Immediately as an expense when the charity is demonstrably
committed to terminate the employment of an employee or to provide temiination benefits.
1.12 Retirement benefits
Payments to defined contribution feti￿rnent benefit schemes are charged as an expense as they fall
due.
13-

AED Donate
Notes to the financial statements (continued)
For the year ended 31 July 2024
Critical accounting estimates and judgements
In the application of the charity's accountin9 policies. the Trustees are required to make judgements,
estimates and asstrmptions about the cary¢ng amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other tsctors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estirnates are recognised in the period in which the estimate is revised where the revision affects
only that period, or in thé period of the revision and futu￿ periods where tPke ￿vIsiON affects both
current and future periods.
Income from donat5ons and legacles
Unrestricted Re5tr1rted
funds
funds
2024
2024
Totsl lJnre5tricted Restricted
funds
fund$
2023
2023
Total
2024
2023
Donations and gifts
Grants
161.436
161.436
22.470
176.226
18.539
176.226
188,OS6
22.470
169.547
161,436
22.470
183.906
194.765
L69,547
364,312
Income from charitsble activities
Total funds Total f4rnd$
2024
2023
Product sales
Installation seNices
771.101
18,571
733.657
14,788
789.672
748,445
Analysis by fund
Unrestricred funds
789.672
748,445
14-

AED Donate
Notes to the financial statements (continued)
For the year ended 31 July 2024
Income from other trading activities
Unrestricted Unrestricted
funds
funds
2024
2023
Lottery income
Charity event income
Charity shop income
578
392
51.658
166,412
7.852
180.252
other trading activities
218,648
L88,496
Income from Investments
Unrestricted Unr¢stricted
funds
funds
2024
2023
Interest receivable
240
141
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Net gain on di5POsal of tangible fixed assets
Other income
2.080
L,427
10,086
306
1,427
306
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AED Donate
Notes to the flnanclal statements (continued)
For the year ended 31 July 2024
Expenditure on raising fund5
Unrestricted Unre5trlrted
funds
funds
2024
2023
Fundralslng and publioty
Fudraising costs
Advertising
Staff costs
13,337
28.160
49.991
9,234
21.194
64.736
91,488
95.164
Trading costs
Chairty shop expenses
staff costs
65,820
83.319
60,831
103.776
149.139
164,607
Total costs
240.627
259,771
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AED Donate
Notes to the financlal statements (continued)
For the year ended 31 July 2024
Expenditure on charitable artivities
Charitable
activities
2024
Charitsble
•rtivitieA
2023
Direct costs
Staff costs
Defibillator and equipment purchases
Defibillator instsllation costs
Defibillator training
Motor cost5
Travel ènd accomodation
Bad debts
64.529
620,372
40,800
2,957
4,917
8,348
280
76,597
660.735
58,548
7,075
2,928
9.201
5.950
742,203
821.034
Share of support and g¢)vernance c<)sts (see note 10)
Support
Governance
290.917
37,759
147,386
19,095
1.070.879
987.515
Analysis by fund
Unrestncted funds
Restricted funds
1.039.678
31.201
844,054
143,461
1,070,879
987.SlS
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Notes to the financial statements (continued)
For the year ended 31 July 2024
10 Support costs allocated to activities
Charitable
actrvities
Total
2024
2023
staff costs
189,555
21.976
12,179
73.414
L8,130
Depreciation
Operating lease charges
Specialist costs
Bank charges
Repairs and renewals
Interest on loans
Printing, postage and stationery
Dues and 5ub5criptions
Rent
Computer costs
Telephonè costs
Travel and acommodation
Governance
4.946
1.540
5,342
1,024
12,250
3,096
8.400
8,122
6.582
4.$40
19,095
1,195
8.415
1.039
l8,794
8.663
8.400
IL.347
6.480
2.874
37.759
328,676
166,481
2024
2023
Governance costs comprise:
Legal and profesgonal
Insurance costs
31.520
6,239
13,814
5,281
37.759
19,095
Audit fee5 for the year amounted to £17.500 (2023 - £15,000)
Operating lease charged in the year amounted to £26.259 {2023 - Nil)
11 Trustees
None of the TnJstees lor any persons connècted with them) re￿iVed any remuneration or benefits
from the charity during the year.
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Notes to the financial statements (continued)
For the year ended 31 July 2024
12 Employees
The average monthly number of employees during the year was-
2024
2023
Number
Number
Administrative
Charity Shop
io
io
Total
18
17
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
361,342
19.812
6,240
306.386
6.406
5,731
387.394
318.523
There were no employees whose annual remuneration was more than £60,000.
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable
purposes.
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Notes to the financial ststements (continued)
For the year ended 31 July 2024
14 Tangible fixed assets
Fleet (Vfi¢¢ fixtures Shop fixtures
EquiprrtÈnt and fitttb¥s
Motor
vehlcles
Totsl
Equlprnenl
Cost
At l AugLtst 2023
Additions
Disposals
17,196
2.3CK)
7.319
3.309
70.391
9.330
104,236
52,884
{20,2301
47.275
120,230)
At 31 july 2024
47.275
19.496
10.628
50.161
9,330
136,890
Depreciation and
impairment
At l August 2023
Depreciation charged in
the year
Eliminated in respect of
disposals
8.053
7,090
24.837
4.517
44,497
7.091
2.L73
1,317
9,740
1,655
21,976
{8,8511
18,851)
At 31 July 2024
7.091
LO.226
8.407
25.726
6.172
57,622
Carrying arnount
At 31 luly 2024
40,184
9.270
2,221
24,435
3,158
79,268
At 31 July 2023
9.142
228
45,554
4.811
Sg.735
15 Stocks
2024
2023
Raw materlals and consurnables
44.496
119,138
16 Debtor5
2024
2023
Amounts falling due with•n one year.
Trade debrors
Other debtors
Prepayments and accrued income
97.520
14,218
17.314
58.645
54,301
2.719
129.052
115.S65
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AED Donate
Notes to the financial statements (continued)
For the year ended 31 July 2024
17 Loan5 and overdrafts
2024
2023
Bank loans
32,408
37,963
Payable within one year
Payable after one year
5.556
26,852
5,556
32,4C17
Amounts included above which fall due after five years:
Payable by instalments
4,630
18 Creditors: amounts falling due within one year
2024
2023
Notes
Bank loans
Other taxation and social security
Trade tredÈtors
Other creditors
Accruals and deferred income
17
5.556
22.912
213,594
4.006
21.175
5,556
155,125
1,074
LL,000
267,243
172.755
19 Creditors: amounts falllng due after more than one
vear
2024
2023
Notes
Bank loans
17
26,852
32,407
20 Retirement beneflt schemes
2024
2023
Defined contribution schemes
Charge to profit or loss In respect of defined contribution schemes
6.240
5.731
The charity operates a defined contribution pension scheme for all qualifying employees. The assets
of the stheme are held separately from those of the charity in an inilependently administered fund.
21-

AED Donate
Notes to the flnanclal statements (continued)
For the year ended 31 July 2024
21 Restricted funds
The restritted funds of the charity comprise the unexpended balance5 of donations and grant5 held
on trust subject to specific conditions by donors as to how they may be used.
At l August
2023
Incoming
Resourres
expended
Transfers
At 31 July
2024
Tesco Fund
Councillor Community
Funding
Severn Trent Community
Fund
20,750
{16,83LI
3.919
I,no
{1,7201
12,650
(12,650}
12.6SO
22.470
131.2011
3.919
Previous year:
At I Au9USt
2022
IrKomlr*g Resources
re￿wr¢¢$
Èxpended
Transfers
At 31 July
2023
Tesco Fund
The Community Foundation
Severn Trent Community
Fund
Counsellor Community Fund
95.174
1.752
(95.9461
{1.7521
572
67.290
S.131
140.6321
{5.1311
114,0081
12.650
169.547
143.461
{13.4361
12,650
The restrirted fund5 represent amounts for the provision, installakn.on and training on defibrillators.
22 Unrestricted funds
The Ltnrestricted funds of the charity comprise the unexpended balances of donations and grants
which are not subject to sperific conditions by donors and grantors as to how they may be used.
These Include designated funds which have been set aside out of Un￿$tri￿e0 funds by the trustees
for specific purposes.
At l August
2023
Incoming
resources
Transfers
At 31 July
2024
expendqd
General funds
116.906
1.173.503
11.280.305)
10,104
Previous ye#r:
At l August
2022
Incomin9
resources
Resources
expended
Transfers
At 31 July
2023
General funds
65.056
1.142,239
{1.103,8251
13,436
116.906
22

AED Donate
Notes to the financial statements (continued)
For the year ended 31 July 2024
23 Analysis of net assets between fund5
Unrestricted
fund$
2024
RestrirtÈd
Total
funds
2024
2024
At 31 July 2024:
Tangible assets
Current assetsllliabilitiesl
Long term Irabilities
79.268
142,3121
126.8521
79,268
138,3931
126,8521
3.919
10.E04
3,919
14,023
Unrestricted
fund5
2023
Restricted
funds
2023
Total
2023
At 31 July 2023:
Tangible assets
Current assetsllliabilities)
Long term liabilities
59,735
89.578
132.407)
59,735
102,228
132,407)
12,650
116.906
L2,650
129,556
24 Oper#t(ng lease commitments
Lessee
At the reporting end date the charity had outstanding commitments for future minimum lease
payments under non-cancellable operating leases. which fall dlre as follows..
2024
2023
Within one year
Between two and five years
62.021
76,787
28,100
30,750
138,808
58,850
25 Subsequent events
After the year end the charity secured an Inte￿SE free loan for £98,000 to assist with working capltal
and support chantable projects.
26 Related party transactlons
There were no disdosable related party transactions during the year (2023 - none}.
23-

AED Donate
Notes to the financial statements (continued)
For the year ended 31 July 2024
27 Cash generated from operations
2024
2023
(Deficltllsurpus for the year
1115,5371
64.500
Adjustments for..
Investment income recognised in statement of financial attivities
Gain on disposal of tangible fixed assets
Depreciation and impalrnient of tangible fixed assets
12401
12.0801
21.976
{1411
110.0861
18,130
Movements in working capitsl:
Decreasellincreasel in stocks
Ilncrease) in dèbtors
Increase in creditors
74,642
(13.3671
94.4S8
{100,7381
119,9511
55,782
Cash generated from operations
59.862
7.496
28 Analysis of changes in net funds
t I AugUSt
2023
Cath flows At 31 Julv 2024
Cash ai bank and In hand
40.180
15.122
55,302
Loans falling due within one year
Loans falling due after more than one year
{5.5561
{32,4071
15,5561
126,8521
5,555
2,217
20.677
22,894
24-