Warwickshire Hearts
(A Charitable Incorporated Organisation)
Report and Financial Statements for the Year Ending 30[th] April 2024
Charity Number 1173425
Warwickshire Hearts
(A charitable incorporated organisation)
Financial Statements for the Year Ending 30[th] April 2024
Contents
Legal and administrative information
Report of the trustees and executive committee Statement of financial activities
Balance sheet
Income and expenditure Notes forming part of the financial statement
Warwickshire Hearts
Report of the trustees and executive committee for the year ended 30[th] April 2024
The trustees and executive committee present their report and financial statements for the financial year ended 30[th] April 2024.
Reference and administrative information
Charity name: Warwickshire Hearts
Charity registration number: 1773425
Registered office: The Coach House 7 St. Gregorys Road STRATFORD-UPON-AVON Warwickshire CV37 6UH
Trustees:
Dr Victoria Larner Chair and trustee Mr Mark Fenton Treasurer and trustee Dr Judith Davidson Secretary and trustee Mr Alexander Byne CFR Co-ordinator and trustee Mr Tim Morris Trustee Mr Paul Rowlands Trustee Mr Jamie Ryan Trustee
Bankers: CAF (Charitable Aid Foundation) Bank
Our Aims and Objectives
Purpose and Aims
The Purposes and Aims of the CIO are set out in the Charity’s Constitution and have not changed since the Charity was set up. These are:
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The provision of immediate medical care to any person involved in any medical emergency or injured in any accident in the area of Warwickshire or any area reasonably close thereto.
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The preservation and protection of good health by the provision of first aid and emergency life support training to the general public and schools in Warwickshire or any area reasonably close thereto.
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Such charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine.
Ensuring our work delivers our aims
The Executive Committee maintains a constant rolling review of our aims and objectives throughout the year. To date it has not felt they need to be changed. This review looks at the success of each key activity in the 12 months of the financial year and the benefits brought to those we are set up to help.
Although the COVID pandemic is now in the past, our charity has continued to work to find its feet in the post-pandemic world.
The focus of our work
Our primary objective of the delivery of immediate medical care has continued to improve throughout this year. We largely deliver this objective through the activities of our Community First Responder team. During this year we have had some turnover in active responders but have also benefited from new volunteers completing their training through West Midlands Ambulance Service. These keen responders are nearing completion of their buddy shifts which will then allow them to respond to 999 calls in one of our scheme cars. WMAS have recently completed another recruitment round providing several more new volunteers waiting to complete their statutory training. Therefore, we are entering the coming year with an optimistic view.
We have also secured a new location to situate one of our scheme cars in Leamington Spa in addition to our existing site in Stratford Upon Avon, allowing us to build towards covering more of our geographical area with Community First Response.
Our second objective of delivering basic life support in the community has also begun to ramp up again during this year. We have trained more trainers allowing more of our volunteers to lead and support sessions with the public including during the working day. We have worked with a diverse range of groups and individuals from schools, youth organisation, adult groups and companies. We also hosted successful CPR awareness sessions at community fun days and in the foyer of a local leisure centre. It has been rewarding to provide more of this face-to-face training and reach individuals who may not otherwise engage.
Financial Review
The main costs to the charity have been running, insuring and maintaining the Response Vehicles used by the CFRs and the rental costs for the unit we use to store our equipment. We have also, once again had to fund annual Public Liability/ Personal legal Liability insurance for both our training activities and the provision of event First Aid.
Income has risen this year, largely coming from donations for training and from providing event first aid. However, it has not yet risen back to pre-pandemic levels. However, so has expenditure, largely as a result of the cars and replacing expired equipment. New CFRs also require branded uniform which we have needed to restock this year.
Plans for the future
It is our view as trustees that the charity will need to continue to concentrate on its first objective over the next couple of years to build up the Community First Responder team. This will allow us to have a stronger and deeper team of individuals who are able to undertake further training and fundraising activities. This has been helped by recruitment rounds by WMAS and their commitment to the CFR schemes which we hope will continue despite their financial pressures as an organisation.
We will also focus on reestablishing links with local grant-awarding bodies such as town and parish councils, Rotary and Lions clubs to support our charity and help get us back onto a secure financial footing.
Despite the difficulties outlined above, Warwickshire Hearts has a strong executive team who are committed to the aims of the Charity and have the skills and experience to lead towards a brighter future.
Warwickshire Hearts
Warwickshire Hearts
Accounts for period 1[st] May 2023 to 30[th] April 2024
Notes forming part of the accounts for the year ending 30[th] April 2024
Basis of accounting
The accounts are prepared using a cash basis i.e. income and expenses are included as they occur and are not apportioned over a period.
Fixed assets
Fixed assets are stated at cost less accumulated depreciation. Assets costing less than £1000 are not capitalised. Depreciation is calculated to write off the cost of the asset over 4 years except for vehicles where depreciation is calculated on a reducing balance of 25% of the year end valuation.
Depreciation
| Net Book Value of response vehicle at 30thApril 2023 | £1507.84 |
|---|---|
| Depreciation for the year | £376.96 |
| Net book Value of response vehicle at 30thApril 2024 | £1130.88 |
Trustee Renumeration and Related Party Transactions
No trustees received any remuneration during the year or claimed any personal expenses. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.
Taxation
As a charity, Warwickshire Hearts is exempt from tax in income or gains if they are used to fund its charitable objectives. No exam charges have arisen in the charity.
Auditing
The charity is not required to have the accounts audited or independently examined as the total income this year is below £25,000.
These accounts are prepared in accordance with the Charity Commissions Statement of Recommended Practice.
Approved by the executive committee on 26[th] March 20205
Mark Fenton, RMN, Dip Psyc, Dip Epi, MA Soc Treasurer