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 th￿e 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￿ chaIm￿n} . (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 Charl￿eS 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 aS￿dated tsx recovery are recognlsed a5 Income when the donation 55 received. Legacles are accounted for when t￿￿1r receipt 55 certaln and can be properly quantified. All other Income Is generally recognlsed when it15 r￿1Vable.. le Resources Expended ReSoUr￿S 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 HOCns gfven by the tharlty Commls51rm. An ejamlnatlon lrfludes a revlew of the acCoun￿n9 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 u￿lertaken th) not prov* all ￿ evldence that would be requlred In an audft, and corwuently no oplnlon Is glven to whether the a￿ntants 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¢cNd*Ke wth s.130 of the 2011; and to prepare accounts whlch accc*d wtth the Kcoun￿ng 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 und￿sts￿lIng of the acc(*Jnts to be rexhed. Slgned by the lftdependent Examlner: Mr L J Hbrdacre , F￿T) 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