## **Trustees’ Annual Report for the period** **From 01 / 11 /2 2 Period start date To 31 / 10 /2 3 Period end date** ## **Charity name: Hearts Magic** ## **Charity registration number: 1185985** ## **Objectives and Activities-To produce projects and events which has a direct benefit to the well-being of the community, focusing on creating relationships with those who are vulnerable and isolated.** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Our aim will be to encourage people to**
**take up the opportunity to interact with**
**others thereby improving our clients'**
**well-being and mental health.**
**We organise well-being events, tours,**
**social gatherings and help to forge**
**connections between the socially**
**isolated by the development of social**
**groups and interactive community**
**projects. We also encourage projects**
**with inter-generational projects.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**We operate a community projects such**
**as the ‘Community Social Club’, our**
**members attend social gathers to watch**
**films, live music events, tours and visit**
**places of interest and make new**
**relationships with other members who**
**suffer from loneliness.**
**As part of the Tredegar Task Force,**
**Hearts Magic are providing aid in the**
**form of food parcel delivery, medication**
**pick up, shopping for the vulnerable and**
**creating friendship links.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes- all trustees have noted the**
**guidance issued by the Charity**
**Commission.**| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making |||| |---|---|---| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|**Volunteerscontinuetobe fully**
**dedicated insupporting the local**
**community building on the successful**
**working relationships formed with**
**community members during the Covid**
**period and since.**| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Our Social club, whichhas approx. 200**
**members. Many have underlying health**
**issues such as dementia.The club**
**continues to improve their positive**
**outlook with many members stating it is**
**the highlight of their week.**
**Our volunteers continue to support the**
**most vulnerable members of the**
**community providing weekly assistance**
**with shopping trips, and medicine**
**collections, to those with no immediate**
**family or support from official services.**
**Our volunteer drivers assist those with**
**no transport facilities to and from**
**hospital appointments.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: **Our achievements continue to go above and beyond the objectives set** Achievements against Para 1.41 **for the charity.** objectives set Performance of fundraising activities against objectives Para 1.41 set |Investment performance
against objectives|Para 1.41|| |---|---|---| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The financial position isstable**
**allowing us to continue our**
**community workcomfortably.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are held due to specific**
**requirements of grants received and**
**to ensure financial stability.**| |Amount of reserves held|Para 1.22|**£35264.07**| |Reasons for holding zero
reserves|Para 1.22|**None**| |Details of fund materially in
deficit|Para 1.24|**None**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**None**| **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Signed Constitution.**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Charitable company limited by**
**guarantee / CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Admission procedure**
**The charity trustees:**
**may require applications for**
**membership to be made in any**
**reasonable way that they decide;**
**shall, if they approve an application for**
**membership by one of the trustees**
**nominate the person and be voted upon.**
**Notify the applicant of their decision**
**within 21days**| **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any
related parties|Para 1.51|**None, all on a professional basis.**| |Other||| ## **Reference and Administrative details** |Charity name|Hearts Magic| |---|---| |Other name the charity uses|| |Registered charity number|1185985| |Charity’s principal address|Suite 8, The Little Theatre, Upper Coronation Street,
Tredegar, Blaenau Gwent, NP22 3TS| ||| **Names of the charity trustees who manage the charity** |1
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3
4
5
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Andrew Allen||Wholeyear|| ||LindsayComer||‘’|| ||David Davies||‘’|| ||Mike Mercer||‘’|| ||Tyrone O’Sullivan||‘’|| ||Ralph Rockman||‘’|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|none| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|none| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|none| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** ## **The trustees declare that they have approved the trustees' report above.** ## **Signed on behalf of the charity's trustees** **Signature(s)** � **Full name(s)** Andrew Allen **Position (eg Secretary,** Trustee **Chair, etc)** Date 14th November 2023 Hearts Maglc Ltd Suite 8,The Little Theatre, Upper Coronation Street, Tiedegar, NP22 3TS Com an Number: 11625894 Financlal Year 1st November 2021-31st October2022 Balance Sheet Notes Assets Flxed Assets: Equipment Office Furniture 1079.00 500.00 1579.00 Current As*ts: BankAccount Debtors/prepayments 7837.47 0.00 7837.47 Total Assets 9416.47 Liabilities Current Llabllltles: Creditors Taxation 0.00 0.00 0.00 LongTerm Llabillties 0.00 0.00 Total Liabilities 0.00 Total Assets less Liabilities 9416.47 ui Unrestricted Reserves Restritted Reserves {Awards All) 5898.64 3517.83 9416.47 1&2 Notes to theFlnonclol Stotements." Restricted Grant receivedfrom AwordsAllfor thepurposeofo communitycovid project ond other relt7ted community activities. Restricted Revenue Funds.. Grant AwardsAII B'fwdat31.10.21 12712.83 Incomlng 0.00 Outgoing 9195.00 C'fwd at31.10.22 3517.83 Signed (by oneor two trustees) on behalf of all thetrustees- Signature: Print Name: Andr￿Allen Dateof Approval: 24th July 2023 Hearts Maglc Ltd Suite 8, The Little Theatre, Upper Coronation Street, Tredey, NP22 3TS Com Number: 11625894 Rnanclalyear 1st November2021-31stOctob r 2 22 Income and Ex endlture Bank Balance Bl￿d 34184.74 Income nditure Notes Income Resources: Grants Traininglstaff Donations Media Services Misc 24160.00 Training Admin/Accounts Salaries Consultancy work Utilities/rent Equipment Events AwardsAII Sundry 0.00 0.00 187.10 0.00 0.00 0.00 0.00 0.00 24160.00 0.00 0.00 0.00 9195.00 41125.17 Restrlcted income Resources: Awards All Total Income for year 0.00 24160.00 Total Expendlture for year 50507.27 Net Profit/{Loss) for theyear -26347.27 Total Income 58344.74 Bank at 31st October 2022 7837.47 Notes to theFlnanciulStotements." Restricted Grant receivedfrom AwordsAllfor thepurposeofo community covid project and otherreloted communityactivities. Signed (by one or two trustees) on behalf of all thetrustees: Signature: Print Name: Andr￿Allen Date of Approval- 24th JULY2023 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts S•ctlon A Independent Examlner's Report Report to the trusteèsl members of Hearts Magic Ltd On accounts for the yoar ended 3111012023 Charity no Ilf any) 1185985 Set out on pages I report lo the trustees on my examination of the accounts of the al)ove charily I'the Trust.) for the year ended 3111012022 Responsibilities and As the charity trustees of the Trust, you are resp)nsible for the preparation basis of report of the accounts in accordan￿ with the requirements of the Charities Act 2011 (llhe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe thal in, any material respect.. accounting records were not kept in a(xordan¢e with section 130 of the Act or the accounts do not &cord with the acoJuTrting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent examiner's statement Signed: Date: 14.08.2023 Name: Annette Edwards Relevant professional qualification{s) or body (if any): ACCA studenupart qualified Address: 34 Stockton Way Tredegar Gwent NP22 3EN Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts-. directions and guidance for examiners). October 2018 Glve here brlef detalls of any Iteiiis that th gxamlner wlshos to disclose IER October 2018