REGISTERED CHARITY NUMBER: 1192051
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2025
for
Hearts Helping Herts
Abbey Accountants Ltd Old Bishops' College Churchgate Cheshunt Hertfordshire EN8 9XP
Hearts Helping Herts
Contents of the Financial Statements for the Year Ended 31 January 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Hearts Helping Herts
Report of the Trustees for the Year Ended 31 January 2025
The trustees present their report with the financial statements of the charity for the year ended 31 January 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
Supporting Broxbourne Borough residents living in crisis. A food bank related service providing fresh food and ambient products for those unable to afford a meal every week, including a Mindful Craft Cafe in support of poor mental health related illnesses. These support services are delivered from Rosedale Community Church in Cheshunt.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1192051
Principal address
48 Hartness Rosedale Cheshunt Hertfordshire EN7 6JY
Trustees
Ms A D Moss N Carraway (resigned 26/8/2025) J Fielding P Chorley H Wright D Thomas
Independent Examiner
Abbey Accountants Ltd Old Bishops' College Churchgate Cheshunt Hertfordshire EN8 9XP
Approved by order of the board of trustees on 25 November 2025 and signed on its behalf by:
Trustee
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Independent Examiner's Report to the Trustees of Hearts Helping Herts
Independent examiner's report to the trustees of Hearts Helping Herts
I report to the charity trustees on my examination of the accounts of Hearts Helping Herts (the Trust) for the year ended 31 January 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matthew Brown FCA
Abbey Accountants Ltd Old Bishops' College Churchgate Cheshunt Hertfordshire EN8 9XP
25 November 2025
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Hearts Helping Herts
Statement of Financial Activities for the Year Ended 31 January 2025
| 31/1/25 | 31/1/24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 35,095 | 56,129 | |
| Investment income | 2 | - | 2 |
| Total | 35,095 | 56,131 | |
| EXPENDITURE ON | |||
| Raising funds | 3 | 31,936 | 55,497 |
| NET INCOME | 3,159 | 634 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 1,325 | 691 | |
| TOTAL FUNDS CARRIED FORWARD | 4,484 | 1,325 |
The notes form part of these financial statements
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Hearts Helping Herts
Balance Sheet 31 January 2025
| 31/1/25 | 31/1/24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 6 | 1,214 | 2,561 |
| CURRENT ASSETS | |||
| Debtors | 7 | 1,500 | - |
| Cash at bank | 3,965 | 26 | |
| 5,465 | 26 | ||
| CREDITORS | |||
| Amounts falling due within one year | 8 | (2,195) | (1,262) |
| NET CURRENT ASSETS | 3,270 | (1,236) | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 4,484 | 1,325 | |
| NET ASSETS | 4,484 | 1,325 | |
| FUNDS | 9 | ||
| Unrestricted funds | 4,484 | 1,325 | |
| TOTAL FUNDS | 4,484 | 1,325 |
The financial statements were approved by the Board of Trustees and authorised for issue on 25 November 2025 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
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Hearts Helping Herts
Notes to the Financial Statements for the Year Ended 31 January 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Plant and machinery | - 25% on cost |
|---|---|
| Fixtures and fittings | - 25% on cost |
| Computer equipment | - 33% on cost |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| 31/1/25 | 31/1/24 | ||
| £ | £ | ||
| Deposit account interest | - | 2 |
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continued...
Hearts Helping Herts
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
| 3. | RAISING FUNDS | ||
|---|---|---|---|
| Raising donations and legacies | |||
| 31/1/25 | 31/1/24 | ||
| £ | £ | ||
| Food support | 8,900 | 9,398 | |
| Utilities support | 943 | 1,408 | |
| Assistance non food | - | 226 | |
| Support costs | 1 | - | |
| 9,844 | 11,032 | ||
| 4. | TRUSTEES' REMUNERATION AND BENEFITS | ||
| 31/1/25 | 31/1/24 | ||
| £ | £ | ||
| Trustees' salaries | - | 4,848 | |
| Trustees' expenses | |||
| The total trustees expenses paid in the year amounted to £14,271.96 (2024: £18,129). | |||
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 56,129 | ||
| Investment income | 2 | ||
| Total | 56,131 | ||
| EXPENDITURE ON | |||
| Raising funds | 55,497 | ||
| NET INCOME | 634 | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 691 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,325 |
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continued...
Hearts Helping Herts
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
6. TANGIBLE FIXED ASSETS
| 6. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Plant and | and | Computer | |||
| machinery | fittings | equipment | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 February 2024 and 31 January 2025 | 2,377 | 1,329 | 1,744 | 5,450 | |
| DEPRECIATION | |||||
| At 1 February 2024 | 1,356 | 291 | 1,242 | 2,889 | |
| Charge for year | 595 | 332 | 420 | 1,347 | |
| At 31 January 2025 | 1,951 | 623 | 1,662 | 4,236 | |
| NET BOOK VALUE | |||||
| At 31 January 2025 | 426 | 706 | 82 | 1,214 | |
| At 31 January 2024 | 1,021 | 1,038 | 502 | 2,561 | |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31/1/25 | 31/1/24 | ||||
| £ | £ | ||||
| Prepayments | 1,500 | - | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31/1/25 | 31/1/24 | ||||
| £ | £ | ||||
| Trade creditors | 1,175 | - | |||
| Other creditors | 1,020 | 1,262 | |||
| 2,195 | 1,262 | ||||
| 9. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/2/24 | in funds | 31/1/25 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 1,325 | 3,159 | 4,484 | ||
| TOTAL FUNDS | 1,325 | 3,159 | 4,484 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 35,095 | (31,936) | 3,159 | ||
| TOTAL FUNDS | 35,095 | (31,936) | 3,159 |
continued...
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Hearts Helping Herts
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1/2/23 | in funds | 31/1/24 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 691 |
634 | 1,325 |
| TOTAL FUNDS 691 |
634 | 1,325 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 56,131 |
(55,497) | 634 |
| TOTAL FUNDS 56,131 |
(55,497) | 634 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/2/23 | in funds | 31/1/25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 691 | 3,793 | 4,484 |
| TOTAL FUNDS | 691 | 3,793 | 4,484 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 91,226 | (87,433) | 3,793 |
| TOTAL FUNDS | 91,226 | (87,433) | 3,793 |
continued...
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Hearts Helping Herts
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2025.
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Hearts Helping Herts
Detailed Statement of Financial Activities for the Year Ended 31 January 2025
| Detailed Statement of Financial Activities for the Year Ended 31 January 2025 |
||
|---|---|---|
| 31/1/25 | 31/1/24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 82 | 2,931 |
| Grants | 35,013 | 53,198 |
| 35,095 | 56,129 | |
| Investment income | ||
| Deposit account interest | - | 2 |
| Total incoming resources | 35,095 | 56,131 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Food support | 8,900 | 9,398 |
| Utilities support | 943 | 1,408 |
| Assistance non food | - | 226 |
| 9,843 | 11,032 | |
| Other trading activities | ||
| Food purchases | - | 11,769 |
| Equipment and other supplies | 236 | 662 |
| Trustees' salaries | - | 4,848 |
| Admin expenses | 6,144 | 5,729 |
| Rent | 498 | 2,069 |
| Accountancy | 1,050 | 960 |
| Motor vehicle expenses | 9,651 | 10,562 |
| Office costs | 1,172 | 1,662 |
| Printing, postage & stationery | 120 | 339 |
| Subscriptions | 202 | 301 |
| Other expenses | 128 | 405 |
| Training | 214 | 1,440 |
| Insurance | 375 | 384 |
| Event costs | - | 290 |
| IT software & consumables | 956 | - |
| Plant and machinery | 594 | 1,356 |
| Fixtures and fittings | 332 | 291 |
| Computer equipment | 420 | 1,242 |
| 22,092 | 44,309 | |
| Support costs | ||
| Finance | ||
| Bank charges | 1 | 156 |
| Total resources expended | 31,936 | 55,497 |
| Net income | 3,159 | 634 |
This page does not form part of the statutory financial statements
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