## **Trustees’ Annual Report for the period** **From 01 / 11 /2 3 Period start date To 31 / 10 /2 4** ## **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-generationalprojects.**| |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 community projects such as**
**the ‘Community Social Club’, our**
**members attend social gatherings to**
**watchfilms, live music events, tours**
**and visit places of interest making new**
**relationships with other members who**
**suffer from loneliness.**
**Hearts Magic providingservices 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, has approx. 200**
**members. Many have underlying health**
**issues including mobility problems. 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|**£33300.00**| |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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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 18th November 2024 Heart5 Magic Ltd Suite 8, The Little Theatre, Upper Coronation Street, Tredegar, NP22 3TS Number: 11625894 Flnancial Year 1st November 2023- 31st October 2024 Balance Sheet Notes Assets Fixed Assets: Equipment Office Furniture 1079.00 500.00 1579.00 Current Assets: Bank Account Debtors/prepayments 37799.82 0.00 37799.82 39378.82 Total Assets Liabilities Current Liabilities: Creditors Taxation 0.00 0.00 0.00 Long Term Llabilities 0.00 Total Liabillties Total Assets less LiabllFtles 39378.82 uit Unrestricted Reserves Restricted Reserves (Awards for All) Restricted Reserves (National Lottery) 25506.15 0.00 13872.67 39378.82 Notes to the Financiol Stotements.. Restricted Grant receivedfrom Awards Allfor the purpose of a community covid project ond other related community activitie5. Re5tritted Revenue Funds.- Grant B'fwd at 31.10.23 Incoming Awards All 39.83 0.00 Nationol Lottery 4517.67 33300.00 Signed (by one or two trusteesl on behalf of all the trustees- Outgoing 39.83 23945.00 Cywd at 31.10.24 13872.67 Signature- Print Name- ifr.'JfA Coiy6.F. Date of Approval: Hearts Maglc Ltd Suite 8, The Little Theatre, Upper Coronation Street, Tredegar, NP22 3TS Com an Number: 1162589 Financial Year 1st November 2023 - 31st October 2024 Income and Ex enditure Bank Balance Bl￿d 38242.57 Incorne Ex endlture Notes Notes Income Resources: Grants Traininglstaff Donations Media Services Misc Training Admin / Accounts Salaries Consultancy work Utilitieslrent Equipment Events Awards All National Lottery Sundry Totsl Expenditure for year 0.00 334.92 0.00 11923.00 0.00 0.00 0.00 39.83 23945.00 0.00 0.00 0.00 2500.00 2500.00 Restricted income Re50urce5: Awards For All National Lottery Total Income for year 0.00 33300.00 3581M).00 36242.75 Net ProfitllLossl for the Year 442.75 Total Income 74,042.57 Bank at 31st October 2024 37,799.82 Notes to the Financial Statements.. Re5trirted Gront receivedfrom Awards Allfor the purpose of o community covid projert and other related community-ottivitNe5 - fully utilised. Re5trACted Grant receivedfrom the National Lotteryfor the purposes of community ortivities. Signed Iby one or two trustees) on behalf of all the trustees: Signature.. f Print Name: Lfjnio'A, CoffjC-£ Date of Approval: CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Charity Name Hearts Magic Ltd On accounts for tho year ended 3111012024 Charlty no {rf any) 1185985 Set out on pages Iremember to inGlude the page numbers oladditlonal 51 Ll.I'. I report to the trustees on my examination of the accounts of the above charity I'lhe Trust.) for the year ended 3111012024 Responsibllltles and As the charity trustees of the Trust. you ar8 responsible for the preparation bas18 of report of the accounts in accordance with the requirements of th8 Charities Act 2011 ('the Acr). I report in resped of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carryin9 Out my examination, I have followed the applicable Directions given by the Charity Commlssion under section 14515)(b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with se￿lan 130 of the Act or the accounts do not accord with the accounting records. Independent examinerfs statement I have no concerns and have come across no other matters in Connection with the examination lo which attention should be drawn in order to enable a prop8r understsnding of the accounts to be reached. Slgned: Date: 27.07.2025 Name: Anr￿lle Edwards Relevant professional qualifi¢atlon(s) or body (If any): ACCA studenvpart qualified Address: 34 Stockton Way Tredegar Gwent NP22 3EN Section B Disclosure Only complet8 if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). IER October 2018 Gfve hore brièf delalls of any items that tho examinèr wish06 to dlsclose. IER October 2018