## **Trustees’ Annual Report for the period**
**From 01 August 2023 To 31 July 2024 Period end date**
**Charity name: Peter Lauer Foundation (H’arts in Mind)**
## **Charity registration number: 1188882**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To help relieve the needs of people**
**experiencing mental health issues,**
**particularly, but not exclusively through**
**the provision of art 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|**Provision of wellbeing art projects and**
**drop ins**
**Online art sessions**
**Friendship Outings**
**Signposting and support**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes trustees have read the guidance**
**issued by the charity commission on**
**public benefit.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||
SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**Grants should be for the benefit of the**
**purpose of the charity which is to**
**benefit people suffering from mental**
**health challenges and where physical**
**health challenges cause mental health**
**difficulties.**|
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|**Volunteers have been essential in**
**providing help supporting art tutors,**
**helping set up and clear away art**
**sessions etc and supporting the gallery**
**space.**|
|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|**Many accounts from beneficiaries are**
**found on our website and facebook**
**social media.**
**It has made a huge difference to people**
**with various mental health conditions,**
**improve well being, confidence, raising**
**them up and feeling valued in society.**
**Learning skills and making friendships**
**which in turn helps society by**
**avoidance of dependency on**
**alcohol/drugs and venturing into**
**criminal behaviour.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41|
**Achieved**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**Achieved and working on**
**improvements.**|
|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|**Trustees reviewed financial position**
**with a review to increasing revenue in**
**the next year ahead.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves held for unexpected**
**contingency**|
|Amount of reserves held|Para 1.22|**£5,953.13**|
|Reasons for holding zero
reserves|Para 1.22|**na**|
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Moving forward plans in place to**
**increase the unreserved amount such as**
**gaining sponsorship and increased**
**revenue from workshops/events.**|
**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|
**Fundraising**
**Sales of artwork**
**Grants**
**Art workshops/classes**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**To invest time in gaining more sources**
**of income moving forward to increase**
**our capacity to run more art drop ins**
**and well-being sessions.**|
|A description of the principal
risks facing the charity|Para 1.46|**Shortage of volunteer help and grant**
**funding.**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**CIO Foundation Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**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|**Election by Trustees**|
## **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||
|Other|||
## **Reference and Administrative details**
|Charity name|Peter Lauer Foundation|
|---|---|
|Other name the charity uses|H’arts in Mind|
|Registered charity number|1188882|
|Charity’s principal address|60 Old Hertford Road
Hatfield
Herts AL9 5HF|
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## **Names of the charity trustees who manage the charity**
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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)**|
|---|---|---|---|---|
||Kim Rasit||2019-current||
||Ann Beatty||Feb 2024-current||
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## – 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
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
## **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)** Kim Rasit **Full name(s)** Kim Rasit
**Position (eg Secretary,** Trustee **Chair, etc)**
**Date**
7 May 2025
## Peter Lauer Foundation
## Financial Activities by Class
August 2023 - July 2024
||RESTRICTED FUNDS|UNRESTRICTED FUNDS|TOTAL|
|---|---|---|---|
|Income||||
|4001 Donations and Legacies|1,511.11|500.00|£2,011.11|
|4003 Grants|19,920.00||£19,920.00|
|4004 Other Income|21.60|60.00|£81.60|
|4005 Artwork & Market Sales|30.97|11,455.35|£11,486.32|
|4006 Rental of Space|2,090.00|194.00|£2,284.00|
|4007 Art Club Fees|53.00||£53.00|
|4008 Lottery Income|204.00||£204.00|
|4009 Tutor Fees|30.00||£30.00|
|**Total Income**|**£23,860.68**|**£12,209.35**|**£36,070.03**|
|TOTAL|**£23,860.68**|**£12,209.35**|**£36,070.03**|
|Expenditures||||
|5001 Event Food & Drink|150.00|105.83|£255.83|
|5002 Art Classes & Online Tutor|4,710.20||£4,710.20|
|5007 Art Supplies & Picture Hanging|1,325.71|571.14|£1,896.85|
|5010 Event Promotion & Advertising|27.56|174.00|£201.56|
|5011 Display Equipment||520.61|£520.61|
|5012 Training Costs||96.00|£96.00|
|5013 Payments to Artists|8,575.57|1,441.39|£10,016.96|
|5014 Support Costs|480.00|480.48|£960.48|
|6900 Volunteer Expenses|1,607.50|831.50|£2,439.00|
|7100 Rent Expenditure|52.00|40.00|£92.00|
|7400 Travelling||13.70|£13.70|
|7500 Printing|86.36|1,283.98|£1,370.34|
|7501 Postage & Carriage||22.91|£22.91|
|7552 Computers & Software||427.88|£427.88|
|7604 Professional Fees||823.00|£823.00|
|7800 Repairs & Renewals||495.00|£495.00|
|8200 Charitable Donations||212.00|£212.00|
|8201 Subscriptions||36.00|£36.00|
|8204 Insurance||406.96|£406.96|
|8205 Refreshments|54.00|260.83|£314.83|
|**Total Expenditures**|**£17,068.90**|**£8,243.21**|**£25,312.11**|
|NET OPERATING INCOME|**£6,791.78**|**£3,966.14**|**£10,757.92**|
|Other Expenditures||||
|8006 Computer Equipment Depreciation P&L|269.80||£269.80|
|**Total Other Expenditures**|**£269.80**|**£0.00**|**£269.80**|
|NET OTHER INCOME|**£ -269.80**|**£0.00**|**£ -269.80**|
|NET INCOME/(EXPENDITURE)|**£6,521.98**|**£3,966.14**|**£10,488.12**|
**1/1**
**Accrual Basis Friday 28 March 2025 07:13 pm GMT+00:00**
## Peter Lauer Foundation
## Balance Sheet
As of July 31, 2024
||RESTRICTED FUNDS|UNRESTRICTED FUNDS|NOT SPECIFIED|TOTAL|
|---|---|---|---|---|
|Fixed Asset|||||
|Non-Current Assets|||||
|0035 Computer Equipment|1,348.97|||£1,348.97|
|0036 Computer Equipment Depreciation|-269.80|||£ -269.80|
|**Total Non-Current Assets**|**£1,079.17**|**£0.00**|**£0.00**|**£1,079.17**|
|**Total Fixed Asset**|**£1,079.17**|**£0.00**|**£0.00**|**£1,079.17**|
|Cash at bank and in hand|||||
|1200 Treasurers Account|||24,044.09|£24,044.09|
|**Total Cash at bank and in hand**|**£0.00**|**£0.00**|**£24,044.09**|**£24,044.09**|
|NET CURRENT ASSETS|**£0.00**|**£0.00**|**£24,044.09**|**£24,044.09**|
|NET CURRENT ASSETS (LIABILITIES)|**£0.00**|**£0.00**|**£24,044.09**|**£24,044.09**|
|TOTAL ASSETS LESS CURRENT LIABILITIES|**£1,079.17**|**£0.00**|**£24,044.09**|**£25,123.26**|
|TOTAL NET ASSETS (LIABILITIES)|**£1,079.17**|**£0.00**|**£24,044.09**|**£25,123.26**|
|Charity funds|||||
|Retained Earnings|12,648.15|1,986.99||£14,635.14|
|Surplus/(Deficit)|6,521.98|3,966.14||£10,488.12|
|**Total Charity funds**|**£19,170.13**|**£5,953.13**|**£0.00**|**£25,123.26**|
**1/1**
**Accrual Basis Saturday 29 March 2025 11:06 am GMT+00:00**