OpenCharities

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

2024-03-31-accounts

WOMEN’S HEARTBEAT

Charity No. 1196851

Trustees’ Report and Unaudited Accounts

31[st] March 2024

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 2024.

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 is now three years since our trustees first decided to set up a Charitable Incorporated Organisation (CIO) to raise awareness of women’s heart disease and its risks, by providing educational information to help women get the help they need, by improving the gender imbalance in diagnosis, treatment and outcomes for women with heart disease, and by encouraging additional research. Our first set of accounts and annual return for the year 2022-23 were submitted to the Charity Commission on time.

This year we have been working on the following:

1. Charity administration, policies and procedures

This has been a difficult year for the trustees as illness has impacted heavily on our work this year. The trustee board continues to meet on a regular basis, to oversee the governance of the CIO, review performance and policies, set objectives and have oversight of the charities finances. We are very grateful to our volunteer Brian Curragh who continues to produce our quarterly and annual accounts.

2. Away Day and AGM

We held our first AGM in August 2023. We combined this with an Away Day which enabled us to develop our key strategic priorities for 2024-6 and our future work plan.

3. 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. The interviews between Caron and Barbara and Dr Sanjay Gupta on Women’s Heart issues and Takotsubo Cardiomyopathy hosted on his You Tube channel have now been watched over 20,000 times.

Our website https://www.womensheartbeat.com now appears at the top of the Google search list when entering women’s heartbeat.

4. Working with other charities

We continue to work closely with other heart charities, including the British Heart Foundation and Cardiomyopathy UK. Caron continues to be a support volunteer with Cardiomyopathy UK for people with Takotsubo.

5. Website

We continue to work on our website: a large amount of work has gone into improving the design and adding and updating content. Grateful thanks to Caron for her continued work supporting the website. The site emphasises our main aims: raising awareness, providing

4

Women’s Heartbeat

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.

6. Raising awareness and advocacy

We were invited to attend the Women’s Health Strategy Cardiovascular Round Table in June 2023. Our chair joined a group of cardiac specialists including consultants, senior NHS managers, senior civil servants and other heart charity representatives. Topics under discussion included:-

Women’s Heartbeat contributed to the discussion on the day and we submitted a follow up paper to the Women’s Health Strategy team.

Caron continues to undertake the administration of the Takotsubo Support Group on Face Book and the Takotsubo website www.Takotsubo.net. These sites provide support, information and education to its 3,800 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.

Barbara continues to be a member of the Oxfordshire County Council Joint Health Overview and Scrutiny Committee. She contributed to the oversight of the Integrated Care Board for Buckinghamshire, Oxfordshire, and West Berkshire’s (BOB) Draft Primary Care Strategy, the third pillar of which is cardiovascular disease. The strategy has been adopted by the ICB and will be rolled out across the BOB area.

7. 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. We also support anyone who contacts the charity by email.

Dr Melanie Rein provided a session for the trustees on unconscious bias and plans have been made to provide this to members of the Takotsubo Support Group and other women in 2024-25.

The trustees are very grateful to all the volunteers and supporters who contributed time and money to support the charity.

5

Women’s Heartbeat

8. Research

We have been working closely with Prof. Dana Dawson, at Aberdeen University in her application to the NIHR for funding for further research into Takotsubo Cardiomyopathy. We have provided expert help and letters of support for her applications at all stages. The research proposal has been approved with a substantial grant of £3,049,458.47. The research is entitled ‘A Randomised Controlled Trial of Renin-Angiotensin System Inhibition for Reduction of Cardiovascular Events after Takotsubo Cardiomyopathy ( EVEREST )’.The duration of the trial is 01/01/25 through to 31/12/31. Caron is now a member of the EVEREST Project Management Group and will continue to be involved in the project throughout its duration on the charity’s behalf.

Dr Melanie Rein In her professional capacity, as an Analytical Psychologist, has written a paper on her personal experiences of illness and disability. The paper has been published in the Jung Journal as ‘The Humming Bird: An Augury for the Gods’ , Jung Journal, Volume 18, Issue 3 2024. Professor Peter Collins, a cardiac consultant specialising in Microvascular Ischemia and INOCA at the Royal Brompton Hospital, asked to see a copy and the paper has been shared with him.

Financial Review

The charity and its supporters raised £178. Our unrestricted funds were £2,856.26 at the end of the financial year. 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.

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 with 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 continuing to work with and support cardiac research specialists.

Structure, Governance and Management

Women’s Heartbeat is a Charitable Incorporated Organisation (CIO) governed by a constitution dated 25[th] June 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.

6

Women’s Heartbeat

The above report has been prepared in accordance with the Charities SORP (FRS 102). Signed on behalf of the board

Barbara Shaw Chair 26[th] August 2024

7

Women’s Heartbeat

Statement of Financial Activities For the period ended 31[st] March 2024

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 (outgoing)/incoming resources
Total Funds brought forward
Total Funds carried forward		 2024
£
2023
£
125.28
2,356.07
1,083.00
75.00
15.69
68.63
31.91
30.83
5.89
2.44
178.77
3,615.97
322.48
216.00
252.00
60.00
88.00
276.00
662.48
(97.23)
2,953.49
2,953.49
0.00
2,856.26
2,953.49

8

Women’s Heartbeat

Balance Sheet At 31[st] March 2024

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 xxth xxx 2024		 2024
£
2023
£
0.00
0.00
0.00
0.00
0.00
0.00


0.00
0.00
2,856.26
2,953.49
2,856.26
2,953.49

2,856.26
2,953.49
2,856.26
2,953.49
2,856.26
2,953.49
2,856.26
2,953.49

And signed on its behalf by:

Barbara Shaw Chair 26[th] August 2024

9

Women’s Heartbeat

Notes to the Accounts

For the period ended 31[st] March 2024

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 the SoFA 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 obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

11

Women’s Heartbeat

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.

  1. Charity status The charity is a CIO.

  2. Related party disclosures

The board of trustees are the controlling party.

12