Trustees’ Annual Report for the period
From 01 August 2024 To 31 July 2025 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 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 | £5,000 |
| 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 Events Sales of artwork Grants Art workshops/classes revenue Donations |
|---|---|---|
| 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 |
| 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 |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 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 | |||
| Fiona Read | End 2025-26 current | |||
– 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
Kim Rasit Signature(s) Kim Rasit Full name(s) Kim Rasit Position (eg Secretary, Trustee Chair, etc)
Date
2 July 2026
Peter Lauer Foundation
Financial Activities by Class
1 August, 2024-31 July, 2025
| RESTRICTED FUNDS | UNRESTRICTED FUNDS | TOTAL | |
|---|---|---|---|
| Income | |||
| 4001 Donations and Legacies | 1,822.63 | 1,822.63 | |
| 4003 Grants | 26,020.00 | 26,020.00 | |
| 4004 Other Income | 0.00 | 0.00 | |
| 4005 Artwork & Market Sales | 9,596.67 | 9,596.67 | |
| 4006 Rental of Space | 4,288.00 | 4,288.00 | |
| 4008 LotteryIncome | 192.50 | 192.50 | |
| Total for Income | 35,616.67 | 6,303.13 | £41,919.80 |
| Total | 35,616.67 | 6,303.13 | £41,919.80 |
| Expenditures | |||
| 5001 Event Food & Drink | 757.76 | 757.76 | |
| 5002 Art Classes & Online Tutor | 3,103.90 | 3,103.90 | |
| 5004 Prizes & Awards | 50.00 | 50.00 | |
| 5006 Miscellaneous Purchases | 11.99 | 11.99 | |
| 5007 Art Supplies & Picture Hanging | 1,924.70 | 7.93 | 1,932.63 |
| 5010 Event Promotion & Advertising | 264.49 | 264.49 | |
| 5011 Display Equipment | 389.94 | 389.94 | |
| 5012 Training Costs | 15.99 | 15.99 | |
| 5013 Payments to Artists | 9,027.31 | 120.00 | 9,147.31 |
| 5014 Support Costs | 3,814.96 | 3,814.96 | |
| 6900 Volunteer Expenses | 40.00 | 81.15 | 121.15 |
| 7400 Travelling | 11.80 | 11.80 | |
| 7500 Printing | 418.03 | 418.03 | |
| 7502 Office Supplies | 58.62 | 58.62 | |
| 7552 Computers & Software | 1,880.20 | 1,880.20 | |
| 7604 Professional Fees | 2,094.10 | 2,094.10 | |
| 7800 Repairs & Renewals | 800.00 | 800.00 | |
| 7801 Cleaning | 6.98 | 6.98 | |
| 8200 Charitable Donations | 180.00 | 180.00 | |
| 8201 Subscriptions | 135.00 | 135.00 | |
| 8204 Insurance | 288.96 | 288.96 | |
| 8205 Refreshments | 611.26 | 611.26 | |
| Total for Expenditures | 20,004.97 | 6,090.10 | £26,095.07 |
| Net Operating Income | 15,611.70 | 213.03 | £15,824.73 |
| Other Expenditures | |||
| 8006 Computer Equipment Depreciation P&L | 269.80 | 269.80 | |
| Total for Other Expenditures | 269.80 | £269.80 | |
| Net Other Income | -269.80 | -£269.80 | |
| Net Income/(Expenditure) | 15,341.90 | 213.03 | £15,554.93 |
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Accrual Basis Wednesday, 24 June 2026 03:01 PM GMTZ
Peter Lauer Foundation
Balance Sheet
As of 31 Jul, 2025
| TOTAL | |
|---|---|
| Fixed Asset | |
| Non-current Assets | |
| 0035 Computer Equipment | 1,348.97 |
| 0036 Computer Equipment Depreciation | -539.60 |
| Total for Non-current Assets | £809.37 |
| Total for Fixed Asset | £809.37 |
| Cash at bank and in hand | |
| 1200 Treasurers Account | 39,868.82 |
| Total for Cash at bank and in hand | £39,868.82 |
| NET CURRENT ASSETS | £39,868.82 |
| NET CURRENT ASSETS (LIABILITIES) | £39,868.82 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | £40,678.19 |
| TOTAL NET ASSETS (LIABILITIES) | £40,678.19 |
| Charity Funds | |
| Retained Earnings | 25,123.26 |
| Surplus/(Deficit) | 15,554.93 |
| Total for Charity Funds | £40,678.19 |
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Accrual Basis Wednesday, 24 June 2026 03:04 PM GMTZ