PLYMoirrH HEARTBEAT REGISTERED CHARrrY NUMBER - 1168079 FINANCIAL sfATEMENTS TO 31 ocfoBER 2024 CONTENTS Page (s) ststement of financial activittes Balance sheet Notss to the financial statements Independent examlner'5 report
PLYMOUTH HEARTBEAT STATEMENT OF FINANCIAL AcrIvrrIES FOR THE YEAR ENDED 31 OCTOBER 2024 Unrestricted Funds General Design)ted Restricted Funds TOTAL 2024 TOTAL 2023 Nrte INCOMING RESOURCES Incoming resources from generated funds: Voluntary income Activities for generating funds Investment income Other income Total Incomlng rewurces 44,512 3,461 44,512 3,461 53,917 3,098 19 130 57,164 47,975 47,975 RESOURCES EXPENDED Costs of generattng funds Charitsble activltles Governan costs 1,389 50,894 900 1,389 50,894 900 2,794 58,717 720 Total resources expended Net Incomlngl(outgolng) resources before transfors -5,208 -5,208 -5,067 Gross transfers between funds Net movement In funds -5,208 -5,208 -5,067 Total fvnd$ blfwd l November 2023 16,509 16,509 21,576 Totsl fvnds clfvid 31 October 2024 £ 11301 £ 0 £ 11301 £ 16509 (Note 13) (Note 14) The notss on pages 3 to 5 forni part of the flnanclal ststements
BALAIICE SHEEr AS AT 31 OCTOBER 2024 Unrestr1rt Fvnds Genernl Deslgnatod Restrfr*ed TOTAL Funds 1024 TOTAL 2023 FIXED ASSErs TarKJlt4e assets 8.192 CURREKf ASSErs Debtors Bank and cash balances io li 3,373 936 4309 3,3rJ 4J24 6.541 CIJRRENT LZABILTTIES CraJkn3 payable vthln one ywr 12 720 NEf ClllUiENT ASSETS TOTAL ASSETS LESS CURREiif LIABILMES CJedftors payable after one year TOTAL NEf ASSETS I IUABILlliES) 11301£ 0 £ 11301 £. 16.509 ThE PUNDS OF TH£ CHARfTY Unre#rlcted Income funds: Genernl tleslgna(ed Total 11,301 16,509 11,301 16,509 fttnts: 14 11301 £ 16 509 Apprthryl by the Truths l•knJ hekl on .I&_ Au8usF - (date). and Its behaff by Mr S Th(¥npwn (VI chaImn} . (signature). Th• Iiot•i on 9¢&3. to 5. form pwtrf thttellnandal strtenxnts
PLYMOUTH HEARTBEAT NOTES TO THE STATEMENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES la Basis of preparation The finanaal statements have been prepared in accordance wlth Accounting and Reporting by Charitles ststement of Recommended practi applkable to CharleS preparlng their accounts In accordan with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) - Charities SORP (FRS 102) (effettive l January 2015) - the Financial Reporting Standard applicable in the UK and Republic of IrelaThl (FRS 102) and the Charltles Act 2011. Ib Fund Accountlng Unrestricted funds are avallable for use at the discretion of the Charlty In furtherance of Its charltable objectives. Restrlcted funds are subjected to restrictions on thelr expendlture Imposed by the donor, or contained in the terms of a grant. Ic Tanglble Flxed Assets . qulpmènt: Depreclation is provided at the followlng annual rates calculated to wrlte off assets over thelr estlmated useful Ilves: Gym & offi Equipment. Motor Vehlcles 250/0 reduang balance 25% reducing balance Id Incomlng Resources All voluntsry giving Is Included in the finanaal statements for the perlod In whlch It Is recelved. Donatlons under Glft Ald plus the aSdated tsx recovery are recognlsed a5 Income when the donation 55 received. Legacles are accounted for when t1r receipt 55 certaln and can be properly quantified. All other Income Is generally recognlsed when it15 r1Vable.. le Resources Expended ReSoUrS expended are recognlsed In the perlod to which they are incurred and exclude attrlbutable VAT which can be recovered. They are allocated to the partlcular actlvity to whlch they relate. Governan costs represent direct expenditure on the governan of the Charity, Includlng the production and Independent scrutiny of these financial statements. As most of the management and actlvlty of the Charity is carried out by volunteers, this Intangible cost Is not Included in the financial statements as this voluntary contribution to the life of the Charity is incalculable. If Taxatlon The charity is exempt from tax on its charitable activibes.
PLYMOUTH HEARTBEAT NOTES TO THE 5fATEMENT OF FINANCIAL AcrivmES- continued AS AT 31 OCtOBER 2024 Unrestrlthd Funds General Daslgnat Restrlcted TOTAL TOTAL Funds 2024 2023 VOLUNTARY INCOME Donations Grants 44.512 44,S12 41,917 £ 44511£ ACTIvrrIES FOR GENERATING FUNDS Entry & Mernberthlp Fees T-shlrt Sales Pen Sales Water & Food Sale5 ScancardlFob Sales Thermaband Sales Hot Sales Mlsc Sales 2,245 2.245 1,859 347 928 928 0£ 3 INVESTMENT INCOME Bank Interest 19 19 OThER INCOME Staff Xrnas Box HMRCJPS Grants HS8C Cornpensatlon 130 COSTS OF GENERATING FUNDS Water & Purthases HOC<i Purchases S¢an¢ard4Fob Purchases Fundralslng Event Costs 1,188 1.188 201 201 137 Wages EmpbyÈrs Nl Empbyers Penslon Volunteer Travel Charltable donatlon ProtectNe Clothlng and Unlfonns. 15,520 15,520 20,356 921 921 891 20,146 1.423 4,332 391 1,759 20.146 1.423 4,332 391 1,759 20,685 1,599 4,169 Rates and Water Heat & L&ht Sundrfes Cleanlng Profe55lonal se5/ Tralnlng. DBS Checks Computer Runnlng Costs Equipment Repalrs and Malntenan Equlprnent Pald by Grants Pdnting, Postage & Ststionery PCC Lottery Renewal Fee Property Repalrs and Malntenan Inran Telephone & Intemet Stafflcommlttee Entertalnment Bank and Credit Card Charges Refreshments I Catsrlng A(fvertislng Subsulptlons Tlll up and Down Sale of Fixed Assets Depreclauon 1,561 55 55 95 306 20 173 811 648 112 20 1,056 997 711 20 173 811 S32 158 719 593 -11 174 619 499 -23 174 619 499 -23 0£ 50394£ 58717 GOVERNANCe Accountancy Fees 900 900£ 720 720 900£
NOTES TO THE STATEMEiif OF FINANCIAL ACllvI. tontinued FOR THE YEAR ENDED 31 ocfoBER 2024 TANGIIILE PIXED ASSETS Motor V¢hl¢l•s Gym & oifice Equlpment Tolal 2024 Total 2023 ght forward l Novanber 2023 dltoons In ye Depreciation foT year CaThJ foThvanl 31 Ctober 2024 74 10,614 180 10,688 14,253 -18 8192 E 10688 Unr•strfcl•il Fund• •ner•l Ignated Tolal 2023 Total 2022 Fundi io DEBTORS Trnde Debkns ff Loan Cts Loan PAYEINI debtor prepants loo 1,192 1.700 1.332 1.187 203 1.716 267 1,187 203 1,716 267 11 CASH AT BANK Cash In hand F1 In Ull Petty cash bnce In tln Gmt Account 8825 Syntsler bjnk {5avkngslgrtsI SantsThJer bank OJrrert- 6009 497 497 40 63 13 40 47 22 313 22 313 1,002 1,114 936 É 12 CVRREpif UABILfiiES CredSlors payable wfd)In ¢ne year: Trade credltors PAYEINI Credftor 9Jndry Cr11tW5 and Accru 720 720 13 DESIGNATED FUNDS mov¢ments on th¢ Deslgrntsd Funds durfng the yew wtre: T¢t•l Tot•1 County Coundl 2024 2023 8Jlance b1fv l Novunbw 2023 Tfansfer tollr¢m General I[Orr kn r Expendkure In year larKe clfwd 31 Crtober 2024 14 RESTrICTED FUNDS The nwjvwnents Dn the Restrlrtad Pjnds durfrrfJ the year were: Tot1 Communlty Grant 2024 2023 Polan blNvd l November 2023 Transfer tolfrom General Fund Ie in year Le5s'. Expendknre In year Balan C1fv 311ktober 2024
PLYMOiITH HEARTBEAT FINANCIAL sfATEMEpifs YEAR ENDED 31 OCTOBER 2024 INDEPENDENT EXAMINER'S REPORT I report on the financkil statements of Ptynb)uth Heartbeat the year endèj 31 ct)Er 2024, whith are set out on pages I to 5. R•Wv• r•4¥Onbvtl•l of trurte•¥ and •xanln•r The charity5 trustees are re5p)n5tble for the preparatlon of the accounts. The trustee5 COnder that an audtt Is not required for this year under the tharfues P£t Zoll. s.144(2l {the 2011 Act) and that an Indepfmdent examlnadon Is needed. Having sattsfled mysetf that the thty Is not subiettty audlt under charty law and fis elsa1e for Indepent examlnauon, Itls my respcrfkSiTty to.. exarylne the accounts under s.145 of the 2011 Act; to follow procedures lahd ¢)wn In the general 0£tn5 given by the Charty CommIssn under s.145(5){b) of the 2011 P£L' and to stth whetlw partkutsr have come to my thnuon. Basls of Ind¢p•ndt Ex•mlo•rf• r•port My exJninatioTr was carried out in accordarKe wtth the Genw41 Dlrth>ns gfven by the tharlty Commls51rm. An ejamlnatlon lrfludes a revlew of the acCounn9 records W by the chaity ond a c(ffiparison of the courts wesented w(th those records. It also Includes consljerallon of any unusual kems or dlsdosures In Ihe flnancoal statemEnts. and 5eekOng explanath)ns con¢wnlng any swh matters. The procedu ulertaken th) not prov all evldence that would be requlred In an audft, and corwuently no oplnlon Is glven to whether the antants pRsent a True ènd falff ond the report 55 to those m&tus set out In the ststement bekiw. In connectkjn wth my examthatlon, no rnatter has come to my attenuon: 11} whkh glves reasonable to belleve that In any matertal iespert thè requlremehts.. to keep accfjunllng record5 In a¢cNdKe wth s.130 of the 2011; and to prepare accounts whlch acccd wtth the Kcounng records and comply wtth the accountlng requlrernents of the 2011 Ac¢ have not been fflet: or (2} to whkh, In my op1n1, attentlon Uld be drawn In ordwto enable a [per undstslIng of the acc(Jnts to be rexhed. Slgned by the lftdependent Examlner: Mr L J Hbrdacre , FT) Name and a(Idres5 of the Independent Emarnlner: Mr L J Hardatye, Preclse Accountsnts Lttl, Unlt 4 Sejton Prt 36 Wllllam Prance Road, Derrllord, Hymouth, PL6 SWR