|Table ofContents||||||
|---|---|---|---|---|---|
|I.gr IHo2,a~ad
~||||||
|2 Risk Ivlan~ement||||||
|3.ObiecLivesirgactivitiesforgubiicbenefit.||||||
|4.Achievemen~ts
& erformancein||detail.||||
|H.IH
taTOg
I
H
tt|IH t|I.||||
|I.a H
rta T ~th
—aopp~tYo||||||
|43~ ~IT
at~sr-I
th|c||nar,|||
|4.4Hearts To ether-Better|eal|h|bri|hterfutures.||
|5.Financial i'eview.||||||
|5.1 Income.||||||
|52 Fxozen diture||||||
|5.3Net result.||||||
|G~OG
I|||||.10|
|6.Reserves|||||.10|
|7~Mti
Oint|||||.10|
|8.Statement ofTrustee resgonsibili'ties||||......||
|Part 2||||||
|Inde
endentExaminer'sRe|ort.|||||
|Statement ofFinancial Acti|vities.|..|||..14|
|Balance Sheet.|||||.15|
|Cash Flow Statement. .||||||
|IVores to the Cash FlowStatement.|||||...17|
|IV
e
h
ncialSt tements. .|||||.18to25|
|De iledS
te
entofFinancialA||tl|I I||26to27|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|General|21,056,925|
|---|---|
|Designated||
|Restricted|211,073|
##
##
##
##
##
##
##
|STATEMENT OF FIN
for the Year Ended 31|ANCIAL AC
December 20|TIVITIE
21|S|||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||231,090||231,090|25,850|
|Charitable
activities||||||||
|Provision of accommodation||||452,393||452,393|125,748|
|Sundry income
Grants||||55,402|14,479|55,402
14,479|97,274
21,526|
|Other trading activities
Investment
income||||312
1,704|1,855|2,167
1,704|6,255
2,990|
|Total||||740,901|16,334|757,235|279,643|
|EXPENDITURE ON||||||||
|Raising funds||||27,175|5,082|32,257|23,872|
|Charitable
activities||||||||
|Provision of accommodation||||287,096|1,497|288,593|307,757|
|Other|||||||37,796|
|Total||||314,271|6,579|320,850|369,425|
|NKT INCOME/(EXPENDITURE)||||426,630|9,755|436,385|(89,782)|
|Transfers
between
funds|||10|0,900|~6,900)|||
|Net movement
in funds||||433,530|2,855|436,385|(89,782)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||623,395|8,218|631,613|721,395|
|TOTAL FUNDS CARRIED FORWARD||||1,056,925|11,073|1,067,998|631,613|
##
|BALANCE SHEET
31December 2021|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible
assets
Investments||12
13|66 119
2,242||66,119
2,242|49,853
~2242|
||||68,361||68,361|52,095|
|CURRENT ASSETS|||||||
|Debtors||14|196,874||196,874|56,203|
|Cash at bank|||824,482|11,073|835,555|569,164|
||||I)021456|11,073|1,032,429|625,367|
|CREDITORS|||||||
|Amounts
falling due within|one year|15|(32,792)||(32,792)|(45,849)|
|NET CURRENT ASSETS|||988,564|11,073|999,637|579,518|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||1,056,925|11,073|1,067,998|631,613|
|NET ASSETS|||1,056,925|11,073|1,067,998|63 1,613|
|FUNDS||16|||||
|Unrestricted
funds|||||1,056,925|623,395|
|Restricted
funds|||||11,073|8,218|
|TOTAL FUNDS|||||~1,067998|631,613|
|for the Year Ended 31Dece|mber 2021||||
|---|---|---|---|---|
||||2021|2020|
|||Notes|||
|Cash flows from operating
activities
Cash generated
from operations||I|286,661|~91,437)|
|Net cash provided
by/(used|in) operating|activities|286,661|~91,437)|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets|||(21,974)||
|interest received|||1,606|2,894|
|Dividends
received|||98|96|
|Net cash (used in)/provided|by investing|activities|~20,270)|2,990|
|Change
in cash and cash|equivalents|in|||
|the reporting
period|||266,391|(88,447)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||569,164|657,611|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||835,555|~569 164|
##
|OPERATING AC|TIVITI|ES||||
|---|---|---|---|---|---|
|||||2021|2020|
|Net income/(expenditure)||for the reporting|period (as per the|||
|Statement ofFinancial Activities)||||436,385|(89,782)|
|Adjustments
for:
Depreciation
Interest received||||5,708
(1,606)|7,020
(2,894)|
|Dividends
received||||(98)|(96)|
|Decrease in stocks|||||784|
|Increase in debtors||||(140,671)|(16,832)|
|(Decrease)/increase|in creditors|||~13,057)|~10363|
|Net cash provided|by/(used|in) operations||286,661|~91,437)|
##
##
||At 1.1.21|Cash flow|At31.12.21|
|---|---|---|---|
|Net cash||||
|Cash at bank|569,164|266491|835,555|
||569,164|266,391|~835 555|
|Total|569,164|266391|835,555|
##
##
##
##
##
|Further explana|tion
o|fthe nature and purpose ofeach fund i|s included
in the notes to the financial|statements.|
|---|---|---|---|---|
|DONATIONS|AND|LEGACIES|||
||||2021|2020|
|Donations|||35,280|15,850|
|Legacies|||195,810|10,000|
||||231,090|25,850|
|3.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||g||
||Fundraising|events||||1,967|1,540|
||Sale ofdefibrillators|||||200|4,715|
|||||||2,167|6,255|
|4.|INVESTMENT|||INCOME||||
|||||||2021|2020|
||Dividends|||||98|96|
||Bank interest|||||1,606|2,894|
|||||||1,704|2990|
||INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||||2021|2020|
||||||Activity|||
||Accommodation|||income|Provision of accommodation|452,393|125,748|
||Electric feed|in|tariff||Sundry income|12,468|15,612|
||Cath Lab||||Sundry income|15,000|15,000|
||Other||||Sundry income|15,381|628|
||Covid-19 support||||Sundry income|12,553|66,034|
||Grants||||Grants|~14 479|21,526|
|||||||522,274|244,548|
|6.|RAISING FUNDS|||||||
||Other trading||activities|||||
|||||||2021|2020|
||Purchases|||||31,303|23,557|
||Event fundraising|||costs||954|315|
|||||||32,257|23,872|
##
|7.|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|---|
||||Support||
|||Direct|costs (see||
|||Costs|note 8)|Totals|
||Provision of accommodation|271451|17,342|~288 593|
|S.|SUPPORT COSTS||||
||||Governance||
|||Finance|costs|Totals|
|||6||f,|
||Provision of accommodation|608|16,734|17,342|
##
|9.|TRUSTEES' REMUN|ERATION
AND B|ERATION
AND B||ENEF|ITS||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||The CEO, Liz Harding,|has been appointed|||as an|ex-officio|trustee
by the|trustees.|The|constitution|ofthe CIO|
||allows for this appointment
and that she may||||be remunerated||for her role as|CEO.||||
||The remuneration
paid|during|the year was|f45,763 together|||with pension|contributions||of$1,748.|None ofthe|
||remuneration
was paid|for acting as atrustee.||||||||||
||No other trustees received any||remuneration||or benefits.|||||||
||Trustees'
expenses|||||||||||
||||||||||2021||2020|
||Trustees'
expenses|||||||||608|217|
|10.|STAFF COSTS|||||||||||
||||||||||2021||2020|
||Wages and salaries||||||||148,096||~173 658|
||||||||||148,096||173,658|
||The average
monthly
number||ofemployees|during||the year was as follows:||||||
||||||||||2021||2020|
||Hotel and administration|||||||||7|10|
##
|11.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||25,850||25,850|
||Charitable
activities||||||
||Provision of accommodation|||125,748||125,748|
||Sundry
income|||97,274||97,274|
||Grants||||21,526|21,526|
||Other trading activities
Investment
income|||6,255
2,990||6,255
~2990|
||Total|||258,117|21,526|279,643|
||EXPENDITURE ON||||||
||Raising funds|||23 722|150|23,872|
||Charitable
activities||||||
||Provision of accommodation|||286,278|21,479|307,757|
||Other|||37,796||~37796|
||Total|||347,796|21,629|369,425|
||NET INCOME/(EXPENDITURE)|||(89,679)|(103)|(89,782)|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||713,074|8,321|721,395|
||TOTAL FUNDS CARRIED FORWARD|||~623 395|~8218|~631613|
##
|12.|TANGIBLE FIXEDASS|ETS|||||
|---|---|---|---|---|---|---|
|||Improvements|Fixtures||||
|||to|and|Motor|Computer||
|||property|fittings|vehicles|equipment|Totals|
|||||5|||
||COST||||||
||At 1 January 2021|88,287|65,278||10,820|164,385|
||Additions|||21,974||21,974|
||Disposals||~3,559)|||~3,559)|
||At 3I December 2021|~88 287|61,719|21,974|10,820|182,800|
||DEPRECIATION||||||
||At
1 January 2021|39,728|64,805||9,999|114,532|
||Charge for year|4,414|1,294|||5,708|
||Eliminated
on disposal||~3,559)|||~3,559)|
||At 31December 2021|44,142|62,540||9,999|116,681|
||NET BOOK VALUE||||||
||At 31 December 2021|44,145|~821)|21,974|821|66,119|
||At 31 December 2020|48,559|473||821|~49 S53|
|13.|FIXEDASSET INVESTMENTS||||||
||||||Listed|
|---|---|---|---|---|---|
||||||investments|
||MARKET VALUE|||||
||At I January|2021 and 31|December 2021||7
2 242|
||NKT BOOK|VALUE||||
||At 31 December 2021||||2,242|
||At 31 December 2020||||2,242|
||There were no investment||assets outside the UK.|||
|14.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||||2021|2020|
||Trade debtors|||8,233|28,715|
||VAT|||11,807|14,207|
||Prepayments|and accrued|income|176„834|13,281|
|||||196,874|56,203|
##
##
|CREDITOR|S:|AMOUNTS FA|LLING DUE WITHIN ONE|YEAR|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Trade creditors|||||22&290|36,743|
|Taxation and|social security||||3,775|3,302|
|Other creditors|||||6,727|5,804|
||||||32,792|45,849|
|MOVEMENT||IN FUNDS|||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.21|in funds|funds|31.12.21|
|||||||f.|
|Unrestricted|funds||||||
|General fund|||608,395|411,630|6,900|1,026,925|
|Cath Lab|||15,000|15,000||30,000|
||||623,395|426,630|6,900|1,056,925|
|Restricted funds|||||||
|Rame Head Fund|||344|||344|
|Awards for All|||7,827|||7,827|
|Screwfix|||47|||47|
|Counselling||||(1,579)|1,579||
|Vehicle||||8,479|(8,479)||
|Gary Triathlon||Fund||1,855||1,855|
|Arnold Clark||||1,000||1,000|
||||8,218|9,755||11,073|
|TOTAL FUNDS|||631,613|436485||1~067998|
|Net movement||in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||||f.|
|Unrestricted|funds||||||
|General fund||||725,901|(314,271)|411,630|
|Cath Lab||||15,000||15,000|
|||||740,901|(314,271)|426,630|
|Restricted
funds|||||||
|Counselling||||5,000|(6,579)|(1,579)|
|Vehicle||||8,479||8,479|
|Gary Triathlon||Fund||1,855||1,855|
|Arnold Clark||||1,000||1,000|
|||||~16334|6579|~9755|
|TOTAL FUNDS||||757435|~320,850)|436,385|
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.1.20|in funds|funds|31.12.20|
|Unrestricted
funds|||||||
|General fund|||587,943|(104,679)|125,131|608,395|
|Defibri 1lators|||22,051||(22,051)||
|General fundraising/events|||103,080||(103,080)||
|Cath Lab||||15,000||15,000|
||||713,074|(89,679)||623,395|
|Restricted|funds||||||
|Rame Head|Fund||344|||344|
|Awards for|All||7,977|(150)||7,827|
|Screwfix||||47||47|
||||8,321|~103||8,218|
|TOTAL FUNDS|||721,395|~89 782)||631,613|
|Comparative|net movement|in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General
fund||||243,117|(347,796)|(104,679)|
|Cath Lab||||15,000||15,000|
|||||258,117|(347,796)|(89,679)|
|Restricted|funds||||||
|Awards for|All||||(150)|(150)|
|Screwfix||||5,000|(4,953)|47|
|National
Lottery Community||||16,526|(16,526)||
|||||21,526|21,629|103|
|TOTAL FUNDS||||~279 643|369425|~89,782)|
##
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31December 2021|||
|---|---|---|
||2021|2020|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|35,280|15,850|
|Legacies|195,810|10,000|
||231,090|25,850|
|Other trading activities|||
|Fundraising
events|1,967|1,540|
|Sale ofdefibriilators|200|4,715|
||2,167|6,255|
|Investment
income|||
|Dividends|98|96|
|Bank interest|1,606|2,894|
||1,704|2,990|
|Charitable
activities|||
|Accommodation
income|452,393|125,748|
|Electric feed in tariff|12,468|15,612|
|Cath Lab|15,000|15,000|
|Other|15,381|628|
|Covid-19 support|12,553|66,034|
|Grants|14,479|21,526|
||~522 274|244,548|
|Total incoming
resources|757,235|279,643|
|EXPENDITURE|||
|Other trading activities|||
|Goods purchased
for re-sale|31,303|23,557|
|Event fundraising
costs|954|315|
||32,257|23,872|
|Charitable
activities|||
|Wages|148,096|]73,658|
|Other office expenses|19,080|16,624|
|Interest payable||1,548|
|Depreciation offixed assets|5,708|7,020|
|Counselling
sessions||634|
|Premises costs|98,367|108,056|
||271,251|307,540|
|Support costs|||||
|---|---|---|---|---|
|Finance|||||
|Trustees' expenses|||608|217|
|Governance|costs||||
|Accountancy,
Irrecoverable|legal and professional
VAT|fees|14,302
2,432|34,459
3,337|
||||16,734|37,796|
|Total resources|expended||320,850|369,425|
|Net income/(expenditure)|||~436385|~89 782)|