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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

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|||||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|<br>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|





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||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|





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|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|





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|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|



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



## 

|<br>belowforthebasisofapport|<br>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||





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|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|<br>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|



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|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|





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|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|





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|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|






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