2022-05-31-accounts - The Big Hearted Valentines Ball

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 1 June 2021 To 31 May 2022

Charity name: BIG HEARTED VALENTINES BALL

Charity registration number: 1195421

Objectives and Activities

	SORP reference	To raise money with which equipment and services fo and establishments within benefit their patients by he by giving the doctors and access to equipment whic which may not be accessi budget. In response to the COVID BHVB Charity’s Trusteesd temporarily suspend expe raising events in 2021/22a considered to be risking th existing funds with little pro achieving an income great expenditure. The COVID-19 pandemic BHVB by effectively preve from running its normal fun It impacted sponsor’s conf scope to provide discretion support to the charity. Add hospitality industry was in provide the necessary fac confidence of event attend public events was also neg The conception of the BHV embraces the Charity Com guidance on public benefit provision of critical health be supplied to local health benefit of local patients. The Trustees believe that economic conditions will re to purchase r NHS hospitals the UK in order to lping to save lives other medical staff h they need but ble from their NHS -19 pandemic the ecided to nditure on fund s this was e Charity’s spect of er than the impacted the nting the charity d raising events. idence and their ary financial itionally the a weak position to ilities and the ee’s to attend atively affected. B Charity fully mission’s through the care equipment to care units for the in due course cover thereby
Summary of the purposes of the charity as set out in its governing document	Para 1.17
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
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18

making further events financially viable so that the ultimate aim of BHVB to raise funds for public benefit will be re-established.

Additional information (optional) You may choose to include further statements where relevant about:

----- Start of picture text -----
SORP reference
Policy on grant making Para 1.38 BHVB has a Grant Making Policy where the
principle is that senior health care
professionals, engaged by local NHS Trusts,
are requested to identify candidate
equipment that would deliver direct patient
benefits but which cannot be funded by
current NHS budgeting streams.
Policy on social investment Para 1.38 Social Investment does not currently form
including program related
any part of the BHVB Charity’s activities.
investment
Contribution made by Para 1.38 Voluntary work does not currently form part
volunteers
of the BHVB Charity’s activities.
Other
----- End of picture text -----

Achievements and Performance

----- Start of picture text -----
SORP reference
----- End of picture text -----

Achievements and Performance	Achievements and Performance	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	For the reasons outlined in this report, there were no events undertaken in this reporting period due to extenuating external conditions.. However, the activities of the charity in previous years have delivered tangible benefits to the public and this is expected to be reflected in future activities as economic conditions return to pre-pandemic norms.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41	No events were organised in this period as the Trustees considered the prevailing economic conditions presented too high a risk to existing BHVB funds.
Investment performance against objectives	Para 1.41
Other

Financial Review

----- Start of picture text -----
Review of the charity’s Para 1.21 The charities financial position is stable
financial position at the end
albeit stagnate due to prevailing economic
of the period
conditions arsing from the COVID-19
pandemic.
Funds have not been disbursed as we are
awaiting candidate equipment proposals
from associated senior health care
professionals.
Statement explaining the Para 1.22 It is aim to hold reserves of not less than
policy for holding reserves
£2,000 to facilitate future events.
stating why they are held
Amount of reserves held Para 1.22 In excess of £2,000.
Reasons for holding zero Para 1.22 Reserves could be allowed to fall below the
reserves £2,000 aim on the basis that in doing so
would facilitate a grant of funds. Such a
decision would be by mutual agreement of
the Trustees.
Details of fund materially in Para 1.24 None
deficit
Explanation of any Para 1.23 There are no concerns about the BHVB
uncertainties about the
charity being able to continue to operate as
charity continuing as a going
a going concern.
concern
----- End of picture text -----

Additional information (optional)

----- Start of picture text -----
The charity’s principal Para 1.47 Funds raised at events organised by and on
sources of funds (including behalf of BHVB.
any fundraising)
No staff have been employed at any time by
BHVB.
Investment policy and Para 1.46 No specific investment policy is required by
objectives including any
BHVB since it is planned that funds raised
social investment policy
will be disbursed within 6-12 months.
adopted
A description of the principal Para 1.46
Economical volatility impacting sponsors
risks facing the charity
flexibility to support and donate to the events
the charity runs.
The current financial instability in the
expected cohort of event/charity supporters
reducing their willingness to expend ‘free’
funds.
No existing funds of BHVB are exposed to
any risk (beyond stability of the UK banking
system).
Other
----- End of picture text -----

Structure, Governance and Management

Type of governing document	Para 1.25	Constitution (based on Charity Commission template)
How is the charity constituted?	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	By mutual consent and approval by existing Trustees.

Additional information (optional)

----- Start of picture text -----
Policies and procedures Para 1.51 Not applicable.
adopted for the induction and
training of trustees
The charity’s organisational Para 1.51 The BHVB charity is managed directly by the
structure and any wider
Trustees. Points of policy or fund raining
network with which the
strategy are discussed and agreed by the
charity works
Trustees.
Sub-task(s) may be allocated to a Trustee(s)
but the board of Trustees retain overall
responsibility for all actions, outcomes and
risks taken on behalf of the charity.
Relationship with any related Para 1.51 There are no relationships with other parties
parties
or subsidiary organisations.
Other
----- End of picture text -----

Reference and Administrative details

Charity name	Big Hearted Valentines Ball
Other name the charity uses	None
Registered charity number	1195421
Charity’s principal address	Tyne Depot, Stowey Road, Clutton, Bristol, BS39 5TG

Names of the charity trustees who manage the charity

----- Start of picture text -----
Name of person (or
Dates acted if not for
Trustee name Office (if any) body) entitled to
whole year
appoint trustee (if any)
Gerald Creed
Christopher Monk
Loraine Morgain-Davies
Martin Sims
----- End of picture text -----

Corporate trustees – names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for wholeyear
Not applicable

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable 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 adviser	Name	Address
Not applicable

Name of chief executive or names of senior staff members (Optional information)

Not applicable

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signed on behalf of	the charit y’s trustees
Signature(s)
Full name(s)	GeraldC reed	Martin Sims Secretary 1 February 2023
Position	Chairpers on
Date	1 Februa ry 2023

----- Start of picture text -----
Charity No
BIG HEARTED VALENTINES BALL 1195421
(if any)
Annual accounts for the period
Period end
Period start date 01-Jun-21 To date 31-May-22
----- End of picture text -----

Section A Statement of financial activities

Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 *Total* *Total* S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 *Reconciliation of funds:* S21 S22 1 *Net movement in funds* Total funds brought forward *Total funds carried forward* Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 - - - - - - - - - 10,006 - - - - - - - - - - - - - - - - - - -
	- - - - 10,006
	- - - - - - - - - - - - - - - - - - - -
	- - - - -

	- - - - 10,006
	- - - - -
	- - - - 10,006
	- - - - - - - - - - - - - - - - - - - -
	- - - - 10,006
	10,006 - - 10,006 -
	10,006 - - 10,006 10,006

Section B Balance sheet

Unrestricted funds £ F01 - - - -	Restricted income funds £ F02 - - - -	Endowment funds Total this year £ £ F03 F04 - - - - - - - -	Total last year £ F05
			- - - -
-	-	- -	-
- - - -	- - - -	- - - - - - - -
			- - - 10,006
-	-	- -	10,006
			-
-	-	- -

-	-	- -	10,006

-	-	- -	10006
			,
			- -
- -	- -	- - - -

-	-	- -	10,006
- 10,006	-	- - - 10,006 -
			- - 10,006
10,006	-	- 10,006	10,006
Signature		M SIMS G CREED Print Name	Date of approval dd/mm/yyyy 01-Feb-23 01-Feb-23

CC17a (Excel)

01/02/2023