**REGISTERED COMPANY NUMBER: 10910857 (England and Wales) REGISTERED CHARITY NUMBER: 1174503** **Report of the Trustees and** **Unaudited Financial Statements For The Year Ended 31st August 2023 for** **Heart 2 Heart Norfolk (A Company Limited by Guarantee)** Haines Watts Chartered Accountants Englands Lane Business Centre 47 Englands Lane Gorleston Great Yarmouth Norfolk NR31 6BE ## **`Heart 2 Heart Norfolk`** ``` Contents of the Financial Statements For The Year Ended 31st August 2023 ``` |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**||4|| |**Notes to the Financial Statements**|5|to|7| |**Detailed Statement of Financial Activities**|8|to|9| ## **`Heart 2 Heart Norfolk`** ## **`Report of the Trustees`** ## **`For The Year Ended 31st August 2023`** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES Objectives and aims** The advancement of health and saving of lives. ## **Public benefit** The Trustees have taken into account Charity Commission guidance regarding Public Benefit when making decisions regarding the charities activities. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 10910857 (England and Wales) **Registered Charity number** 1174503 **Registered office** 8 Sun Lane Bradwell Great Yarmouth NR31 8PY **Trustees** Mrs J Biggs A J Biggs M J Cox Miss Z R Kerswill **Independent Examiner** Haines Watts Chartered Accountants Englands Lane Business Centre 47 Englands Lane Gorleston Great Yarmouth Norfolk NR31 6BE This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 28th June 2024 and signed on its behalf by: Mrs J Biggs - Trustee ``` Page 1 ``` ## **`Independent Examiner's Report to the Trustees of Heart 2 Heart Norfolk`** ## **Independent examiner's report to the trustees of Heart 2 Heart Norfolk ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2023. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## S Castellano FCA Haines Watts Chartered Accountants Englands Lane Business Centre 47 Englands Lane Gorleston Great Yarmouth Norfolk NR31 6BE 28th June 2024 ``` Page 2 ``` ## **`Heart 2 Heart Norfolk`** ## **`Statement of Financial Activities`** ``` (Incorporating an Income and Expenditure Account) For The Year Ended 31st August 2023 ``` |||**2023**|2022| |---|---|---|---| |||**`Unrestricted`**|`Total`| |||**`fund`**|`funds`| ||Notes|**£**|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies|2|**12,001**|3,683| |**Charitable activities**|||| |Improving health and saving lives||**74,072**|103,002| |Other trading activities|3|**7,032**|8,549| |**Total**||**93,105**|115,234| |**EXPENDITURE ON**|||| |Raising funds|4|**1,885**|4,496| |**Charitable activities**|5||| |Improving health and saving lives||**114,543**|111,141| |**Total**||**116,428**|115,637| |**NET INCOME/(EXPENDITURE)**||**(23,323)**|(403)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||**43,555**|43,958| |**TOTAL FUNDS CARRIED FORWARD**||**20,232**|43,555| ``` The notes form part of these financial statements ``` ``` Page 3 ``` ## **`Heart 2 Heart Norfolk`** ## **`Balance Sheet`** ## **`31st August 2023`** |||**2023**|2022| |---|---|---|---| |||**`Unrestricted`**|`Total`| |||**`fund`**|`funds`| ||Notes|**£**|£| |**CURRENT ASSETS**|||| |Cash at bank||**21,582**|44,373| |**CREDITORS**|||| |Amounts falling due within one year|9|**(1,350)**|(818)| |**NET CURRENT ASSETS**||**20,232**|43,555| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**20,232**|43,555| |**NET ASSETS**||**20,232**|43,555| |**FUNDS**|||| |Unrestricted funds||**20,232**|43,555| |**TOTAL FUNDS**||**20,232**|43,555| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 28th June 2024 and were signed on its behalf by: J Biggs - Trustee ``` The notes form part of these financial statements ``` ``` Page 4 ``` ``` Notes to the Financial Statements For The Year Ended 31st August 2023 ``` ## **`Heart 2 Heart Norfolk`** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2.** ## **3.** ## **DONATIONS AND LEGACIES** |**DONATIONS AND LEGACIES**||| |---|---|---| ||**2023**|2022| ||**£**|£| |Donations|**12,001**|3,433| |Compensation|**-**|250| ||**12,001**|3,683| |**OTHER TRADING ACTIVITIES**||| ||**2023**|2022| ||**£**|£| |Fundraising events|**7,032**|1,248| |Shop income|**-**|7,301| ||**7,032**|8,549| ``` continued... ``` ``` Page 5 ``` ## **`Heart 2 Heart Norfolk`** ## **`Notes to the Financial Statements - continued`** ## **`For The Year Ended 31st August 2023`** ## **4. RAISING FUNDS** ## **Raising donations and legacies** ## **5.** ## **6.** |**Raising donations and legacies**|||| |---|---|---|---| |||**2023**|2022| |||**£**|£| |Support costs||**-**|737| |**CHARITABLE ACTIVITIES COSTS**|||| ||`Direct`|`Support`|| ||`Costs`|`costs`|`Totals`| ||£|£|£| |Improving health and saving lives|**113,687**|**856**|**114,543**| |**NET INCOME/(EXPENDITURE)**|||| |Net income/(expenditure) is stated after charging/(crediting):|||| |||**2023**|2022| |||**£**|£| |Other operating leases||**912**|3,072| ## **7. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st August 2023 nor for the year ended 31st August 2022. **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st August 2023 nor for the year ended 31st August 2022. ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|| |---|---| ||`Unrestricted`| ||`fund`| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|3,683| |**Charitable activities**|| |Improving health and saving lives|103,002| |Other trading activities|8,549| |**Total**|115,234| |**EXPENDITURE ON**|| |Raising funds|4,496| |**Charitable activities**|| |Improving health and saving lives|111,141| |**Total**|115,637| |**NET INCOME/(EXPENDITURE)**|(403)| ``` continued... ``` ``` Page 6 ``` ``` Notes to the Financial Statements - continued For The Year Ended 31st August 2023 ``` ## **`Heart 2 Heart Norfolk`** ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**8.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||| |---|---|---|---| ||||`Unrestricted`| ||||`fund`| ||||£| ||**RECONCILIATION OF FUNDS**||| ||Total funds brought forward||43,958| ||**TOTAL FUNDS CARRIED FORWARD**||43,555| |**9.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |||**2023**|2022| |||**£**|£| ||Other creditors|**-**|170| ||Accruals and deferred income|**1,350**|648| |||**1,350**|818| ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st August 2023. ``` Page 7 ``` ## **`Heart 2 Heart Norfolk`** ## **`Detailed Statement of Financial Activities`** ## **`For The Year Ended 31st August 2023`** ||2023|2022| |---|---|---| ||`£`|`£`| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**12,001**|3,433| |Compensation|**-**|250| ||**12,001**|3,683| |**Other trading activities**||| |Fundraising events|**7,032**|1,248| |Shop income|**-**|7,301| ||**7,032**|8,549| |**Charitable activities**||| |Defibrillator sales|**72,062**|95,616| |Grants|**2,010**|7,386| ||**74,072**|103,002| |**Total incoming resources**|**93,105**|115,234| |**EXPENDITURE**||| |**Other trading activities**||| |Other operating leases|**912**|3,072| |Insurance|**385**|567| |Repairs and renewals|**588**|120| ||**1,885**|3,759| |**Charitable activities**||| |Light and heat|**-**|1,556| |Postage and stationery|**324**|292| |Advertising|**879**|1,840| |Cleaning|**-**|67| |Travel and subsistence|**957**|1,088| |Defibrillator, pads, etc. purchases|**108,371**|103,743| |Motor expenses|**2,126**|2,326| |Training|**30**|168| |Donations|**1,000**|-| ||**113,687**|111,080| |**Support costs**||| |**Finance**||| |Bank charges|**141**|-| |**Governance costs**||| |Accountancy fees|**715**|648| |Carried forward|**715**|648| ``` This page does not form part of the statutory financial statements ``` ``` Page 8 ``` ## **`Heart 2 Heart Norfolk`** ## **`Detailed Statement of Financial Activities`** ## **`For The Year Ended 31st August 2023`** ||2023|2022| |---|---|---| ||`£`|`£`| |**Governance costs**||| |Brought forward|**715**|648| |Company House late filing fee|**-**|150| ||**715**|798| |Total resources expended|**116,428**|115,637| |**Net expenditure**|**(23,323)**|(403)| ``` This page does not form part of the statutory financial statements ``` ``` Page 9 ```