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2022-12-31-accounts

Contents Introduction from our Chair of Trustees Our Achievements in 2022 11 Funding our Work 14 Our Ambitions for 2023 22 Independent Auditor's Report 28 Financial Staterriènts, 3 2 Notes to the Financial Statements

31.12.22 31.12.21
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOMEANDENDOWMENTSFROM
Donationsandlegacies 2 650,719 245,013 895,732 815,672
Charitableactivities 4
Providingsupport 21,100 21,100 21,100
Publicandmedicaleducation 36,808 15,000 51,808 48,800
Research 62,300 62,300 59,906
Investmentincome 3 193 - 193
Total 687,720 343,413 1,031,133 945,478
EXPENDITUREON
Raisingfunds 5 287,838 1,326 289,164 276,593
Charitableactivities 6
Providingsupport 90,009 233,301 323,310 318,800
Publicandmedicaleducation 85,679 19,379 105,058 93,226
Campaigning 18,853 8,536 27,389 41,834
Research 25,150 59,983 85,133 94,118
Other 57,109 5,050 62,159 76,679
Total 564,638 327,575 892,213 901,250
NETINCOME 123,082 15,838 138,920 44,228
Transfersbetweenfunds 16 (18) 18 -
Netmovementinfunds 123,064 15,856 138,920 44,228
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward 393,910 173,052 566,962 522,734
TOTALFUNDSCARRIEDFORWARD 516,974 188,908 705,882 566,962
31.12.22 31.12.21
Unrestricted Restricted Total Total
fund funds funds funds
Notes
FIXEDASSETS
Tangibleassets 12 4,882 4,882 8,871
CURRENTASSETS
Debtors:amountsfallingduewithinoneyear
13		 265,427 265,427 244,659
Debtors:amountsfallingdueaftermorethan
oneyear 13 4,006 4,006 29,006
Cashatbankandinhand 300,608 188,908 489,516 356,431
570,041 188,908 758,949 630,096
CREDITORS
Amountsfallingduewithinoneyear 14 (57,949) (57,949) (72,005)
NETCURRENTASSETS 512,092 188,908 701,000 558,091
TOTALASSETSLESSCURRENT
LIABILITIES 516,974 188,908 705,882 .566,962
NETASSETS 516,974 188,908 705,882 566,962
FUNDS 16
Unrestrictedfunds 516,974 393,910
Restrictedfunds 188,908 173,052
TOTALFUNDS 705,882 566,962
31.12.22 31.12.21
Notes
Cashflowsfromoperatingactivities
Cashgeneratedfromoperations 1 134,428 (79,637)
Netcashprovided by/(usedin)operatingactivities 134,428 (79,637)
Cashflowsfrominvestingactivities
Purchaseoftangiblefixedassets (1,536) (4,617)
Interestreceived 193
Netcashusedininvestingactivities (1,343) (4,617)
Changeincashandcashequivalents
inthereportingperiod 133,085 (84,254)
Cashandcashequivalentsatthe
beginningofthereportingperiod 356,431 440.685
Cashandcashequivalentsattheend
ofthereportingperiod 489,516 356,431
1. RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATINGACTIVITIES
31.12.22 31.12.21
£ £
Netincomeforthereportingperiod(aspertheStatementof
FinancialActivities) 138,920 44,228
Adjustmentsfor:
Depreciationcharges 5,525 4,603
Interestreceived (193)
Decrease/(increase)indebtors 4,232 (107,751)
Decreaseincreditors (14,056) (20,717)
Netcashprovidedby/(usedin)operations 134,428 (79,637)
2. ANALYSISOFCHANGESINNETFUNDS
At1.1.22 Cashflow At31.12.22
£ £ £
Netcash
Cashatbankandinhand 356,431 133,085 489,516
356,431 133,085 489,516
Total 356,431 133,085 489,516

2022 2021
£ £
Donations 143,430 192,761
Grantsandlegacies 354,999 361,996
Fundraising 397,303 260,915
895,732 815,672

Unrestricted Restricted 2022 2021
Total Total
£ £ £ £
BrownsSolicitors-Helpline 30,000 30,000 64,800
BrownsSolicitors-Advocacy - 50,400 50,400 -
AlexanderJansonsFund - 35 35 (290)
BBCChildreninNeed - - - 23,925
BigLotteryFund-CommunityPeerSupport - 44,918 44,918 58,821
HeartHive - - - (1,891)
Max'sFoundation 14,776 14,776 -
MasonicCharitableFund - 20,000 20,000 -
BurdettTrust - 2,306 2,306 2,203
ArrhythmogenicACT - 57,628 57,628 57,628
CAFResilienceFund 10,000 10,000 10,000
CAFMainFund - 14,950 14,950 44,850
TheGirdler'sCompanyCharitableTrust - - 1,450
TheMossFamilyCharitableTrust 1,000 - 1,000 -
EdithFlorenceSpencerMemorialTrust - - - 11,000
DHPAProject 13,000 - 13,000
TotalGrants 14,000 245,013 259,013 272,496
TotalLegacies 95,986 89,500
342,399 361,996

ntincome
31.12.22 31.12.21
Depositaccountinterest 193

Unrestricted Restricted 2022 2021
Total Total
c £ £ £
PfizerLtd 21,100 21,100 21,100
OnlineMedicalEducation(AstraZeneca) 10,000
Medicaleducationgrant(Sanofi
Genzyme) 5;000 5,000 5,000
PSGGrant(Novartis) 23,800
e-learningcourses(AlnylamUKLimited) 10,000 10,000 10,000
Growth&DevelopmentProject(Bristol-
MyersSquibbPharmaceuticalsLimited)
62,300 62,300 59;906
Tenayagrant 36.808 36,808
TotalGrants 36.808 94,400 135:208 129,806

Raisingdonationsandlegacies
31.12.22 31.12.21
Staffcosts 187,451 153,704
Ratesandwater 365 1,013
Insurance 200 422
Postageandstationery 1,094 2,157
Sundries 4,820 5,187
Eventcosts 46,708 64,351
Marketing 8,807 15,953
Travelandsubsistence 684 32
Computer 4,009 6,223
Recruitment 5,040 550
Stafftraining 1,386 26
Rent 7,647 11,301
Professionalfees 842 917
Donationcharges 14,703 9,860
Bankcharges 249 347
Subscriptions 3,823 3,674
Depreciation 1,336 876
289,164 276,593

eactivitiescost
Grant
fundingof
activities
Direct (seenote
Costs 7) Totals
£ £ £
Providingsupport 323,310 323,310
Publicandmedicaleducation 105,058 105,058
Campaigning 27,389 27,389
Research 25,900 59,233 85,133
481,657 59,233 540,890

yable
31.12.22 31.12.21
£ £
Research 59,233 81,882
ThefollowingGrantswerepaidtoInstitutionsduringtheyear;
2022 2021
£ £
AlexanderJanson'sMyocarditis 1,269
AECVPSymposium 1,605
GlobalHeartHub 22,985
UniversityCollegeLondon 57,628 57,628
Total 59,233 81,882

osts
Governance
Management costs Totals
Otherresourcesexpended 56,159 6,000 62,159


belowforthebasisofapport
ionmen		 tandthekey analysisofsuppo rt.
General Governance
Support function Basisofapportionment
E
Wages 26,128 Thedutiestowhichtheyrelate
Propertyrelatedexpenses 5,883 Floorspace
Generalofficeand
administration 22,558 Specificsupportcosts
Legalandprofessionalfees Specificsupportcosts
Bankcharges 217 Generalcharges
Depreciation 1,373 Floorspace
Auditfees 6,000 Governance
Total 56,159 6,000

ts
2022 2021
£ £
Wagesandsalaries 488,958 464,818
Socialsecuritycosts 43.314 39,087
Otherpensioncosts 11,516 12,353
543,786 516,258
Transactionswithkeymanagementpersonnel
2022 2021
£ £
Totalcompensationofkeymanagementpersonnel 76,081 71,993
Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:
2022 2021
18 18
Thenumberofemployeeswhoseemployeebenefits(excludingemployerpension Thenumberofemployeeswhoseemployeebenefits(excludingemployerpension costs)exceeded
£60,000was:
2022 2021
£70,001-£80,000 1
1

fixedassets
Computer
equipment
COST
At1January2022 33,583
Additions 1,536
At31December2022 35,119
DEPRECIATION
At1January2022 24,712
Chargeforyear 5,525
At31December2022 30,237
NETBOOKVALUE
At31December2022 4,882
At31December2021 8,871

31.12.22 31.12.21
£ £
Tradedebtors 39,940 69,906
Prepaymentsandaccruedincome 225,487 174,753
265,427 244,659

31.12.22 31.12.21
£ £
Tradecreditors 521 11,009
Socialsecurityandothertaxes 11,684 11,353
Othercreditors 2,124 2,528
Accrualsanddeferredincome 43,620 47,115
57,949 72,005

Minimumleasepaymentsundernon-cancellableope ratingleasesfalldueasfollows:
31.12.22 31.12.21
£
Withinoneyear 24,200 26,400
Betweenoneandfiveyears 24,200
24,200 50,600

ntinfunds
Net Transfers
movement between At
At1.1.22 infunds funds 31.12.22
£ £ £ £
Unrestrictedfunds
Generalfund 393,910 123,082 (18) 516,974
Restrictedfunds
Medicaleducation 10,018 (10,018) - -
Youthservices 1 - 1
Helpline 1,179 (916) - 263
BBCChildreninNeed 1,968 (138) - 1,830
Max'sFoundation 650 (219) - 431
CommunityPeerSupport(National
LotteryCommunityFund) 786 (239) - 547
OnlineMedicalEducation 3,331 (3,349) 18 -
Advocacy 39,476 22,733 - 62,209
BuildingtheCommunity 11,078 (11,078) -
AwarenessCampaign 8,794 (8,794) - -
CAFResilienceFund 9,201 2,577 - 11,778
CAFSupportFund 26,939 (22,648) - 4,291
BMSGrant 59,631 (28,336) - 31,295
BMSVoice 57,332 - 57,332
MasonicCharitableFund 18,931 - 18,931
173,052 15,838 18 188,908
TOTALFUNDS 566,962 138,920 705,882
Netmovementinfunds,includedintheabovea reasfollows:
Incoming Resources Movement
resources expended infunds
£ £ £
Unrestrictedfunds
Generalfund 687,720 (564,638) 123,082
Restrictedfunds
Medicaleducation - (10,018) (10,018)
AlexanderJanson'sFoundation 35 (35)
Helpline 30,000 (30,916) (916)
BBCChildreninNeed - (138) (138)
Max'sFoundation 14,776 (14,995) (219)
CommunityPeerSupport(National
LotteryCommunityFund) 44,918 (45,157) (239)
OnlineMedicalEducation 15,000 (18,349) (3,349)
Advocacy 71,500 (48,767) 22,733
BuildingtheCommunity - (11,078) (11,078)
AwarenessCampaign - (8,794) (8,794)
ACT/UCL 57,628 (57,628)
CAFResilienceFund 10,000 (7,423) 2,577
BurdettTrust 2,306 (2,306)
CAFSupportFund 14,950 (37,598) (22,648)
BMSGrant - (28,336) (28,336)
BMSVoice 62,300 (4,968) 57,332
MasonicCharitableFund 20,000 (1,069) 18,931
343,413 (327,575) 15,838
TOTALFUNDS 1,031,133 (892,213) 138,920

Comparativesformovementinfunds
Net Transfers
movement between At
At1.1.21 infunds funds 31.12.21
£ £ £ £
Unrestrictedfunds
Generalfund 331,200 60,819 1,891 393,910
Restrictedfunds
Medicaleducation 10,018 - 10,018
Providingsupporthelpline 1,180 1,180
Youthservices 3,974 (3,974)
WestMidlandssupportfund 924 (924)
AlexanderJanson'sFoundation 1,260 (1,260) -
BBCChildreninNeed 4,314 (2,345) 1,969
HeartHive 1,891 - (1,891) -
Max'sFoundation 13,929 (13,278) 651
CommunityPeerSupport(National
LotteryCommunityFund) (139) 924 785
BuildingCapabilities(NationalLottery
CommunityFund) 17,844 (17,844) -
OnlineMedicalEducation 19,574 (16,242) 3,332
Advocacy 27,803 11,672 39,475
PPCMCampaign 4,941 (4,941) -
BLFHelpline 20,572 (20,572) -
BuildingtheCommunity 64,490 (53,412) 11,078
AwarenessCampaign 8,794 8,794
CAFResilienceFund 9,201 9,201
CAFSupportFund 26,938 26,938
BMSGrant 59,631 59,631
191,534 (16,591) (1,891) 173,052
TOTALFUNDS 522,734 44,228 566,962

Comparativenetmovementinfunds,includedint heaboveareasfollows:
Incoming Resources Movement
resources expended infunds
£ £ £
Unrestrictedfunds
Generalfund 553,435 (492,616) 60,819
Restrictedfunds
Providingsupporthelpline 30,000 (28,820) 1,180
Youthservices - (3,974) (3,974)
AlexanderJanson'sFoundation 10 (1,270) (1,260)
BBCChildreninNeed 23,925 (26,270) (2,345)
Max'sFoundation - (13,278) (13,278)
CommunityPeerSupport(National
LotteryCommunityFund) 58,821 (58,960) (139)
BuildingCapabilities(NationalLottery
CommunityFund) - (17,844) (17,844)
OnlineMedicalEducation 25,000 (41,242) (16,242)
Advocacy 55,900 (44,228) 11,672
PPCMCampaign - (4,941) (4,941)
BLFHelpline - (20,572) (20,572)
BuildingtheCommunity - (53,412) (53,412)
AwarenessCampaign 23,800 (15,006) 8,794
ACT/UCL 57,628 (57,628) -
CAFResilienceFund 10,000 (799) 9,201
BurdettTrust 2,203 (2,203) -
CAFSupportFund 44,850 (17,912) 26,938
BMSGrant 59,906 (275) 59,631
392,043 (408,634) (16,591)
TOTALFUNDS 945,478 (901,250) 44,228