## WOMEN’S HEARTBEAT Charity No. 1196851 Trustees’ Report and Unaudited Accounts 31[st] March 2023 1 Women’s Heartbeat ## Contents ||Pages| |---|---| |Trustees’ Annual Report|3 - 7| |Statement of Financial Activities|8| |Balance Sheet|9| |Notes to the Accounts|10 - 12| 2 Women’s Heartbeat Trustees’ Annual Report The trustees present their report with the unaudited financial statements of the charity for the period ended 31[st] March 2023. Reference and Administrative Details Charity No. 1196851 Principal Office The Old Farm Gagingwell Enstone Chipping Norton OX7 4EF Registered Office The Old Farm Gagingwell Enstone Chipping Norton OX7 4EF Directors and Trustees The following Trustees served during the period: Barbara Shaw Caron Curragh Dr. Melanie Rein 3 Women’s Heartbeat ## Objectives and Activities Women’s Heartbeat’s activities focus on our three main objectives: 1) raising awareness of women’s heart disease and the importance of early diagnosis; 2) providing improved access to information, education, guidance for both patients and medical professionals; 3) promoting and supporting research into heart disease in women and its treatment. Achievements and Performance It has been a busy two years since our trustees first decided to set up a charitable organisation to raise awareness of women’s heart disease and its risks, to provide educational information to help women get the help they need, to improve the gender imbalance in diagnosis, treatment and outcomes for women with heart disease and to encourage additional research. The CIO’s constitution, strategy and public benefit statement were produced ready to register with the Charity Commission. Our application was submitted July 2021 and CIO approval was given by the Charity Commission 31st November 2021. Since registration we have been working on the following: ## 1. Charity administration, policies and procedures The trustee board has met on a regular basis and the Chair and Treasurer were appointed at the first meeting following registration. Trustees have written and approved the following policies: a full set of financial policies including expenses, GDPR policies and a Trustee Code of Conduct. Discussion and decisions have also been made to adopt the fundraising code of practice. We are very grateful to our volunteer Brian Curragh who supported the charity to open a bank account with CAF Bank and to produce quarterly accounts which are submitted to the board for approval. ## 2. Expert panel Extensive work has taken place to recruit cardiologists with a special interest in women’s heart disease on to our expert panel. Dr C. Noel Bairey Merz, Director of the Barbra Streisand Women’s Heart Centre; Professor Dana Dawson, Chair in Cardiovascular Medicine at the University of Aberdeen and an expert in Takotsubo syndrome; Dr Sanjay Gupta, Consultant Cardiologist at York Teaching Hospital and Dr David Adlam, Associate Professor at the University of Leicester, an interventional cardiologist and an expert on SCAD, have all joined our expert panel. ## 3. Fundraising Caron, Brian and Tom Curragh took part in the Blenheim Palace triathlon as Caron’s Cardiac Warriors. It was a brilliant day both raising awareness of the charity and for our fundraising efforts. Caron and her team raised £2,134. Other individual donations have been made to Women’s Heartbeat via Just Giving, Amazon Smile and Give as you Live. 4 Women’s Heartbeat Women’s Heartbeat has been registered with NCVO and My Funding Central and a list of potential grant funding bodies has been made. Applications have been made for grant funding but with no success as yet. A review of electronic fundraising platforms was undertaken to enable trustees to decide on the best and most cost effective methods to fundraise for the charity. ## 4. Promoting the charity Trustees promote Women’s Heartbeat by writing articles, giving interviews, writing to politicians and the press and by attending lectures and symposia. Caron and Barbara recorded separate interviews about the lack of awareness of heart disease in women and living with heart disease with Dr Gupta. These interviews are hosted on his You Tube channel and have been watched over 18,000 times. Our website https://www.womensheartbeat.com now appears at the top of the Google search list when entering women’s heartbeat. ## 5. Working with other charities We continue to work closely with other heart charities. Caron was a finalist in the 2021 British Heart Foundation Heart Hero awards for Outstanding Contribution and was nominated again in 2022 and Caron continues her role as an ambassador for the British Heart Foundation. Caron is also a support volunteer with Cardiomyopathy UK. ## 6. Support for the women affected by the war in Ukraine At the start of the war in Ukraine, Women’s Heartbeat wrote to all Ukrainian hospitals as well as hospitals in Poland, Hungary, Slovakia and Romania to raise awareness of the likely rise in Takotsubo cases as a result of the conflict. Takotsubo is known to increase in areas of conflict and disaster. Many thanks to Melanie for enabling us to provide the statement in Ukrainian, Russian, Hungarian, Slovakian, Romanian and Polish, which helped us to reach out to as many medical professionals as possible. ## 7. Website A large amount of work has gone into the design and launch of the website, with grateful thanks to Caron for all her hard work designing our new logo and for designing the artwork and content of the website. The website went live in 2022. Biographies have been written and posted of our trustees and members of our expert panel. The site emphasises our main aims: raising awareness, providing and improving access and promoting clinical research, as well as promoting our fundraising events. The website is also being populated with educational information about heart disease in women and what to look out for. Anyone viewing the site can contact us by email, make a donation to the charity, or offer to volunteer. 5 Women’s Heartbeat ## 8. Raising awareness and advocacy Women’s Heartbeat contributed to the call for evidence from HM Government’s Women’s Health Strategy initiative. We also wrote to Dame Lesley Regan, the new Women’s Health Ambassador who had been appointed by the government to lead on the Women’s Health Strategy. We highlighted the gender bias in women’s cardiovascular disease outcomes, diagnosis and treatment as well as the role of Women’s Heartbeat. We were then invited to attend the Women’s Health Strategy Cardiovascular Round Table in June 2023. Letters were sent to national newspapers in response to misleading and incorrect statements in articles about Takotsubo. Our letters informed the press of inaccuracies in their portrayal of Takotsubo and provided correct unbiased information. Caron continues to undertake the administration of the Takotsubo Support Group on Facebook and the Takotsubo website Takotsubo.net. These sites provide support, information and education to its 3,200 international members. The Takotsubo support group has also been used to promote the aims of Women’s Heartbeat, keep members aware of the work of the charity, undertake patient surveys and promote fundraising events. An article on women and heart disease was produced for Patient Participation Groups and a medical student at York University has been working on a leaflet for Takotsubo patients. ## 9. Support for women with heart issues and their families Women’s Heartbeat trustees provided support for people with Takotsubo through the Takotsubo Facebook Support Group. Caron also provides one-to-one support to women with heart issues via both telephone and zoom as a volunteer with Cardiomyopathy UK. ## 10. Research We are working closely with Prof. Dana Dawson, Aberdeen University in her application for funding for further research into Takotsubo Cardiomyopathy. We have provided expert help and letters of support for her applications. The trustees are very grateful to all the volunteers and supporters who contributed time and money to support the charity. ## Financial Review The charity and its supporters raised £3,616. Our unrestricted funds were £2,953. The charity has given out no grants during the year. It is the policy of the trustees to keep reserves sufficient to cover four months operating costs. The trustees expect the charity to continue as a going concern. 6 Women’s Heartbeat ## Plans for future Periods The trustees plan to continue with our current strategic objectives: raising awareness of women’s heart disease, including strengthening our links cardiac medical institutions, cardiac charities, NHS and central government and contributing to the Government’s Women’s Health Strategy; improving our access to information and education by developing our website and social media; and promoting research by continued work with cardiac research specialists. Structure, Governance and Management Women’s Heartbeat is a Charitable Incorporated Organisation (CIO) governed by a constitution dated 20[th] November 2021. The original trustees are the founders of the charity. Apart from the first charity trustees, every trustee will be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees will have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and for ensuring that financial statements comply with the Companies Act 2006. Trustees are also responsible for guarding the assets of the charity and taking reasonable steps to detect and prevent irregularities and fraud. In planning our activities for the period trustees kept in mind the Charity Commission’s guidance on public benefit at our trustee meetings and in all our charitable activities. The above report has been prepared in accordance with the Charities SORP (FRS 102) Signed on behalf of the board Barbara Shaw Chair 24th August 2023 7 Women’s Heartbeat ## Statement of Financial Activities For the period ended 31[st] March 2023 |Incoming resources
Just Giving receipts
Trustee donations
Individual donations
Give As You Live receipts
Smile Amazon
Investment income
Total incoming resources
Resources expended
Grant making
Other expenses
Website expenses
Just Giving fees
CAF Bank fees
Total resources expended
Net incoming resources
Total Funds brought forward
Total Funds carried forward|2023
£
2,356.07
1,083.00
75.00
68.63
30.83
2.44| |---|---| ||3,615.97
322.48
252.00
88.00| ||662.48| ||2,953.49
0.00| ||2,953.49| 8 Women’s Heartbeat |Balance Sheet
At 31stMarch 2023
Fixed assets
Tangible assets
Investments
Total fixed assets
Current assets
Debtors
Cash at bank and in hand
Total current assets
Creditors falling due within one year
Total assets less current liabilities
Creditors falling due after more than one year
Net assets
The funds of the charity
Unrestricted funds
Total charity funds
Approved by the board on 24th August 2023|2023
£
0.00
0.00| |---|---| ||0.00
0.00
2,953.49| ||2,953.49| ||2,953.49| ||2,953.49| ||2,953.49| ||2,953.49| ||| And signed on its behalf by: Barbara Shaw Chair 24th August 2023 9 Women’s Heartbeat Notes to the Accounts For the period ended 31[st] March 2023 - 1 Accounting policies ## **Basis of preparation** The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Unrestricted funds** These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. ## **Income** Recognition of income Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related expenditure Where income has related expenditure the income and related expenditure is reported gross in the SoFA. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the theSoFA when receivable and only when the Charity has unconditional entitlement to the income. Donated services and facilities These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material. ## Volunteer help The value of any volunteer help received is not included in the accounts. ## **Expenditure** Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on raising funds These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs. 10 Women’s Heartbeat ## Expenditure on charitable activities These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs. ## Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. ## Other expenditure These are support costs not allocated to a particular activity. The charity is exempt from corporation tax on its charitable activities. ## Taxation The charity is exempt from corporation tax on its charitable activities. Freehold investment property The charity does not hold any freehold investment property. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the 11 Women’s Heartbeat obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Research and development Expenditure on research and development is written off in the year in which it is incurred. Pension costs The charity does not operate a pension scheme. 2. Charity status The charity is a CIO. ## 3. Related party disclosures The board of trustees are the controlling party. 12