## **Wishing Hearts Charity Trustee Annual Report & Accounts**
As our first registered year, we are excited to look back on the exciting period we have had as a little charity, the overwhelming support we have received from the local community but also the tough times that have almost made me give up, which was eased by our amazing companions and volunteers that have always kept me going. The smile when you deliver a bouquet of flowers to someone struggling with loneliness, a tattoo marking the memory of a loving late husband or a beach trip that seemed impossible for someone unable to get out of the house on their own is the reason I am writing this today.
This report will give the people who have followed our journey a holistic overview of what we've been up to in 2022 and give the new ones a bit of insight into who we are and what we do. Hopefully I don't bore you to death in the process.
## **Wishes**
This year we were lucky enough to receive funding from Tesco Community Grants (£1,000), The Albert Hunt Trust (£1,000) and the Local Giving Grants (£500) for our wish granting campaigns. This enabled us to grant 56 wishes to elderly people both within the community, Barty House Nursing Home, and Greenbanks Residential Care Home.
## **Mags:**
Our impact isn't based on 'coolness' but if it was, we would win with this wish. This is Mags, a resident at Greenbanks, who is definitely not your average 80-year-old! When asked what
her wish would be she said she had always wanted a tattoo of a rose to mark the memory of her husband, when we heard this, we just knew we had to make her wish come true!
## **Christine:**
Christine's wish was to see a bag pipe player performer but unfortunately once the wish had been arranged, she took a turn for the worse. We were absolutely heartbroken thinking that her wish wouldn't come true, however, we devised a plan with the Kent Piper and Greenbanks. We cracked open the window whilst The Kent Piper stood outside, her family surrounding her and played, just for her. An absolutely incredible, very emotional moment to be a part of.
## **Joan:**
As part of our ongoing collaboration with Ted Alert for our 12 Days of Wishes Christmas Campaign, we granted wishes for 4 of their customers and one of them was the lovely Joan. After giving it careful consideration, Joan decided she would like a fancy manicure! After a stressful year this is just what she needed to relax and begin the Christmas celebrations. Sometimes its the small gestures that really mean a lot.
## **Barty House x Wishing Hearts Charity:**
We partnered with a local care home, Barty House, to give each one of their residents a Christmas wish. They ranged from a box of chocolates, 'anything penguin themed', a warm jumper to a soft blanket, an arts and craft hamper or a classical music CD. We were lucky enough to receive some donations from Fremlin Walk's retailers to go towards this exciting project.
These are just a fraction of the wishes we granted this year and can't wait to go on to grant even more in 2023!
## **Coffee Mornings**
Our coffee mornings are, by far, one of our most popular services, they have provided friendship through tough times, somewhere to tell your funny stories to or just a place to come to be around people, even if you don't talk that much. We were lucky enough to receive £1,750 from Kent Community Foundation to provide transport for the people who are unable to attend on their own, this has been absolutely crucial for most of the attendees and without this grant they wouldn't have met the friends they have now.
Here are some testimonials from our lovely service users:
_"I would like to say how I appreciate the transport you put on to get us to the coffee mornings, without them I wouldn’t be able to get there on my own and would miss a very happy couple of hours with my friends"_ . Dennis
_"It has helped me to mix with people and making friends - we have a good old laugh there. Transport is nice because we get picked up and dropped off because I find it a struggle getting there on the bus sometimes”_ Denise
## **Cinema Trips**
One thing that many of our elderly service users don't get to do anymore is go to the cinema and we wanted to change this. Throughout the Summer period, each week, we took one of our companions to the cinema to see a film of their choice and hope to continue this service in Summer, 2023.
## **- - Post it Note Campaign**
We partnered with Invicta Court Care Home, East Farleigh School and Brookfield Junior School to give residents a little pick me up delivered straight to their door. Students wrote the sweetest letters to residents so that we could install a giant motivation wall and provide some support to the people who really need it.
_"The Wishing Hearts Charity kindly contacted local schools for positivity messages to be placed on post it notes. The charity came and delivered the post it notes to us and placed them onto x3 boards. The boards were split across our 3 floors in order for each and every resident, staff and relative to enjoy._
_The messages have bought laughter, happiness, and joy all around our home. Invicta Court are eager to respond and return the wonderful gesture._
_Thank you to both of the schools and to The Wishing Hearts Charity for all of your kindness._
_Love from everyone at Invicta Court. " - Becky Lyons, Activities Coordinator_
## **Lockmeadow Tea Party**
Lockmeadow and Love Food, run by Maidstone Borough Council, kindly organised the most beautiful afternoon tea spread for our group to raise awareness of loneliness and do their bit for the elderly community in Maidstone. Many of the small local businesses generously donated food and drink to make sure everyone was fed and watered and even waited on them hand and foot. It was a massive success, and our companions couldn't believe that people would care enough to put this on just for them!
@NotoriousBRG, @FlourPower, @AroiDee & @TotalJerk were the lovely businesses involved in this event.
"We went to the cinema for the first time in about 7 years. Wishing Hearts also organised a wonderful afternoon tea with Lockmeadow, Maidstone for us oldies - so much food and so much choice!" - Sue, Companion
## **Fremlin Walk Christmas Event**
Fremlin Walk arranged the most Christmassy coffee morning ever to give our companions a Christmas to remember, even if some of them weren't looking forward to the festive period. They arranged to have local students from Invicta Court Grammar School come to volunteer by serving drinks, chatting and performing an impromptu rendition of the Spice Girls, with our Dennis on the most important instrument of all... the tambourine. This made such a difference to our lovely group, that someone was willing to organise such a special day for them.
## **World Mental Health Day**
We were honoured to collaborate with Mid Kent Mind for World Mental Health Day in partnership with Fremlin Walk who allowed us to use one of their empty units to facilitate our event. Essentially, we offered the public free cups of tea along with a chat to try and alleviate and raise awareness of loneliness in the local area. Mid Kent Mind provided useful advice to anyone experiencing mental health issues and Muffin Break provided us with vouchers to hand out to the public for a complimentary sausage roll or cup of tea. It's amazing what you can do when local charities and businesses work together!
## **Christmas Packages 2022**
## **Kent Charity Awards**
We were so thrilled to be a finalist at the Kent Charity Awards Best Start-up category. Of course we had to bring along our trustee board along with few volunteers to help us celebrate.
## **Loneliness Campaign**
A grant from Kent County Council (KCC) enabled us to launch a Loneliness Campaign to raise awareness of loneliness and social isolation in Maidstone. Essentially, we ran various events such as a Scavenger Hunt, arts and crafts and a heart gifting day. We wanted to bridge the generational gap between young and old by appealing to a younger audience to normalise loneliness and encourage people to reach out.
## **7 days of Fundraising**
For one week we set up a pitch on Week Street to offer the people of Maidstone a cuppa with a friendly face. The 7 days consisted of a mixture of a chat bench, come and have a cuppa day, In for a Penny remake and a heart gifting day. The aim was to raise awareness of loneliness but also normalise it, feeling lonely shouldn't be a taboo or something that is shameful. Reaching out to someone costs nothing but can make such a difference to their day. We were so pleased that over 30 people stopped and had a cuppa with us. As you can see from the far-right photo, this gentleman was so pleased that we'd stopped him for a chat that he wanted a picture to remember it by!
## **Invicta Court Jubilee party**
Invicta Court treated some of our companions like royalty for the day! They organised a Jubilee party for their residents and kindly extended an invite to our companions too. It gave
our companions the chance to meet some new people but also gave some new faces to their residents. Win, win!
## **Wishing Hearts Christmas Party**
Our 2022 ended on such a high. We had over 40 isolated, older people attend our Christmas party where we served teas, coffees, a few drops of prosecco along with a festive buffet. It was a lifeline for some, who didn't have any other plans around the Christmas period. It was amazing to have everyone in the same room, celebrating together.
## **Donations**
We have been lucky enough to receive many donations from both the public and local businesses. To name a few: Waitrose, Tesco, Morrisons and Emergo. Most of our funding comes from local grants but we will be working hard to diversify our income throughout
2023 to create a more sustainable income stream.
## **Grant Income**
## **Income**
## **Our Board**
Even though we are all responsible for the boards effectiveness, we all have our own strengths that we utilise and respect to create a productive board of trustees.
**Dominic Godfrey** , Commercial Litigation Paralegal at Brachers
As a graduate from University of Liverpool in Law, he's our level headed, practical voice on the board. He is always looking at things from a realistic perspective which ensures that the board is always purpose-driven and keeps our strategic aims at the forefront of everything we do.
**Stephen Brown** , Journalism Coordinator/Presenter for BBC Radio Kent
As a graduate from Brighton University in Broadcast Media, Stephen has heaps of experience in the media sphere, so his strengths lie with social media coverage and PR
development. This experience gives us the ability to connect better with both supporters and donors.
**Kieran Jameson** , Managing Director at Challice&Jameson Electrical
Kieran is a creative, ambitious individual always looking for ways to connect more with our beneficiaries through unique service development or launching exciting fundraising events. With the recent launch of his business, he will gain an array of experience to filter into the board.
**Abby Wincel** , Founder of Wishing Hearts Charity
Currently studying at St Marys University for Charity Management, MA whilst implementing day to day service delivery such as, coffee mornings, community events, cinema trips etc
As a small charity, all trustees are involved in the practical side of Wishing Hearts, whether that is driving our companions to and from, serving teas and coffees at community events or making up Christmas care packages like a well-oiled machine. We pride ourselves on being a local charity run by local people and put so much care into every single thing we do.
|Wishing Hearts Charity|Wishing Hearts Charity|Wishing Hearts Charity|Charity No
(if any)|1198101||
|---|---|---|---|---|---|
|Annual accounts for theperiod||||||
|Period start date|**3/1/2022**|**To**|Period end
date|**4/30/2023**||
## **Section A Statement of financial activities**
|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
**_Total_**
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
**_Total_**
S12
S13
Net gains/(losses) on investments
S14
**Net income/(expenditure)**
S15
**Extraordinary items**
S16
**Transfers between funds**
S17
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
Other gains/(losses)
S19
**_Net movement in funds_**
S20
**_Reconciliation of funds:_**
Total funds brought forward
S21
**_Total funds carried forward_**
S22
1
**Recommended categories by**
**activity**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Other recognised** **gains/(losses):**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|
|---|---|---|---|---|---|
||9,157|-|-|9,157|-|
||1,049|10,650|-|11,699|-|
||262|-|-|262|-|
||-|-||-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||10,468|10,650|-|21,118|-|
|||||||
||1,383|-|-|1,383|-|
||9,194||-|9,194|-|
||-|-|-|-|-|
||1,259|-|-|1,259|-|
||11,836|-|-|11,836|-|
|||||||
||- 1,368|10,650|-|9,282|-|
||-|-|-|-|-|
||- 1,368|10,650|-|9,282|-|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||- 1,368|10,650|-|9,282|-|
|||||||
||-|-|-|-|-|
||- 1,368|10,650|-|9,282|-|
|||||||
## **Section B Balance sheet**
|Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21
DG
DSC
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21
DG
DSC
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees|**£**
F01
**Unrestricted**
**funds**|**£**
F02
**Restricted**
**income**
**funds**|**£**
F03
**Endowment**
**funds**|**£**
F04
**Total this**
**year**|**£**
F05
**Total last**
**year**|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
||||||||
|||-|-|**-**|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
||||||||
|||-|||-
10,650|-|
||||10,650|-||-|
|||10,468|||10,468|-|
||||||-||
|||10,468|10,650|-|21,118|-|
||||||||
|||Signature||Print|Name|Date of
approval
dd/mm/yyyy|
||DG|||Dominic Godfrey||1/4/2024|
||DSC|||Debbie Chalmers-Stevens||1/4/2024|
CC17a (Excel)
02/09/2024
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ü preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by ü FRS 102.*
- -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support _**N/A**_ the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**N/A**_ going concern assumption doubtful; Where accounts are not prepared on a going _**N/A**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
|Yes*
No*
**_Please disclose_**|ü|* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
|||||
||**_:_**|||
|**_(i) the nature of_**|**_the chan_**|**_ge in accounting policy;_**|N/A|
|**_(ii) the reasons_**
**_provides more r_**
**_and_**|**_why appl_**
**_eliable an_**|**_ying the new accounting policy_**
**_d more relevant information;_**|N/A|
|**_(iii) the amount_**
**_the current peri_**
**_aggregate amou_**
**_before those pr_**|**_of the adj_**
**_od, each_**
**_nt of the_**
**_esented, 3_**|**_ustment for each line affected in_**
**_prior period presented and the_**
**_adjustment relating to periods_**
**_.44 FRS 102 SORP._**|N/A
|
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
No*|ü|* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
|||||
|**_Please disclose_**|**_:_**|||
|**_(i) the nature of_**|**_any chan_**|**_ges;_**|N/A|
|**_(ii) the effect of_**
**_assets and liabi_**|**_the chang_**
**_lities for t_**|**_e on income and expense or_**
**_he current period; and_**|N/A|
|**_(iii) where pract_**
**_more future per_**|**_icable, th_**
**_iods._**|**_e effect of the change in one or_**|N/A|
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*
No*|ü|* -Tick as appropriate|
|---|---|---|
||||
## _**Please disclose:**_
|**_Please disclose:_**||
|---|---|
|**_(i) the nature of the prior period error;_**|N/A|
|**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|N/A|
|**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|N/A|
CC17a (Excel)
02/09/2024
3
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
**2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provide a description Due to this being Wishing Hearts Charity's first annual return, no funds have been of the nature of each change carried over from previous years. Therefore this section is non-applicable in accounting policy** _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £ Fund balances as previously stated** _**Adjustments:**_
## **Fund balance as restated**
_**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of period£ Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated**
CC17a (Excel)
02/09/2024
4
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
**Offsetting**
**Grants and donations**
**Legacies**
**Government grants**
The charity has received government grants in the reporting period
**Donated goods**
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
· the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
**Contractual income and**
**performance related**
**grants**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
|**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
**Provisions for liabilities**
**2.4 ASSETS**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.2.
**Intangible fixed assets**
They are valued at cost.
**Heritage assets**
They are valued at cost.
**Investments**
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.||||
|---|---|---|---|
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
k i i l d l f bl l h i lik l h
|Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
**Debtors**
**Current asset investments**
They are valued at fair value except where they qualify as basic financial instruments.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.||||ü|
|---|---|---|---|---|
||Yes
No
N/a||||
|||||ü|
||Yes
No
N/a||||
|||||ü|
||Yes
No
N/a||||
|||||ü|
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
Donations andgifts
9,157 - - 9,157 -
Gift Aid
- - - - -
Legacies
- - - - -
- - - - -
- - - -
Donatedgoods,facilities and services
- - - - -
Other
- - - -
**Total**9,157 - - 9,157 -
1,049 10,650 - 11,699 -
- - - - -
- - - - -
Other
- - - - -
**Total**1,049 10,650 - 11,699 -
262 - - 262 -
- - - - -
- - - - -
Other
- - - - -
**Total**262 - - 262 -
Interest income
- - - - -
Dividend income
- - - - -
Rental and leasingincome
- - - - -
Other
- - - - -
**Total**- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Total**- - - - -
**Other:**
Conversionofendowment fundsintoincome
- - - - -
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**- - - - -
**TOTAL INCOME**
10,468 10,650 - 21,118 -
**Other information:**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Donations**
**and legacies:**
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|
|---|---|---|---|---|---|---|
||Donations andgifts|9,157|-|-|9,157|-|
||Gift Aid|-|-|-|-|-|
||Legacies|-|-|-|-|-|
||General grants provided by government/other
charities|-|-|-|-|-|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-||
||Donatedgoods,facilities and services|-|-|-|-|-|
||Other|-|-|-|-||
||**Total**|9,157|-|-|9,157|-|
||||||||
|||1,049|10,650|-|11,699|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|1,049|10,650|-|11,699|-|
||||||||
|||262|-|-|262|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|262|-|-|262|-|
||||||||
||Interest income|-|-|-|-|-|
||Dividend income|-|-|-|-|-|
||Rental and leasingincome|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Conversionofendowment fundsintoincome|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held
for charity's own use|-|-|-|-|-|
||Gain on disposal of a programme related
investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||10,468|10,650|-|21,118|-|
||||||||
|**All income in the prior year was unrestricted except for: (please**
**provide description and amounts)**|||||||
|**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**
**Where any endowment fund is converted into income in the**
**prior period, please give the reason for the conversion.**|||||||
||||||||
||||||||
||||||||
||||||||
|**Within the income items above the following items are material:**
**(please disclose the nature, amount and any prior year**
**amounts)**|||||||
CC17 (E l)
02/09/2024
8
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants that_**
**_have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**Description**
**This year**
**£**|**Description**
**This year**
**£**|**Description**
**This year**
**£**|
|---|---|---|---|
||Covid-19 Local Recovery Fund 2021-2022||900|
||||-|
||||-|
||||-|
||**Total**
**Description**||900|
||||**Last year**
**£**|
||||-|
||||-|
||||-|
||||-|
||**Total** -
**Thisyear**
**Lastyear**||-|
||N/A
|N/A||
||**Thisyear**
**Lastyear**|||
||N/A|N/A||
CC17a (Excel)
02/09/2024
9
## **Section C No**
## **Note 5 Donated goods**
**Seconded staff Use of property Other**
**Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.**
**Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.**
**Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.**
CC17a (Excel)
02/09/2024
10
## **otes to the accounts (cont)**
## **s, facilities and services**
|**s, facilities and services**|||
|---|---|---|
|**Thisyear**|**This year**
**£**||
||-||
||-||
||-||
||-||
||**Lasty**
N/A
N/A
N/A||
|N/A|||
||||
|N/A|||
||||
|The value of anyvoluntaryhelpreceived is not included in the accounts but is described in the trustees’ annual report.|||
CC17a (Excel)
02/09/2024
11
**Last year £** - - - -
## **year**
CC17a (Excel)
02/09/2024
12
**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**----- Start of picture text -----**
1
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
|||**£**|**£**|**£**|**£**|**£**|
|Dominic Godfrey|Treasurer|-|-|-|-|**-**|
|Stephen Brown|Trustee|-|-|-|-|**-**|
|Kieran Jameson|Chair|-|-|-|-|**-**|
|Debbie Chalmers-Stevens|Trustee|-|-|-|-|**-**|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
**N/A**
**N/A**
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**1**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
|||**£**|**£**||**£**|**£**|
|Dominic Godfrey|Treasurer|-|-|-|-|**-**|
|Stephen Brown|Trustee|-|-|-|-|**-**|
|Kieran Jameson|Chair|-|-|-|-|**-**|
|Debbie Chalmers-Stevens|Trustee|-|-|-|-|**-**|
|**_Please give details of why remuneration or other employment_**
**_benefits were paid._**
**_Where an ex gratia payment has been made to a trustee,_**
**_provide an explanation of the nature of the payment._**|||||||
|||**N/A**
|||||
|||**N/A**|||||
CC17a (Excel)
02/09/2024
13
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**_enter "False"._**|||
|---|---|---|
|**No trustee expenses have been incurred (True or False)**||**_1_**|
||||
|**Type of expenses reimbursed**|**This year**|**Last year**|
||**£**|**£**|
|**Travel**|-|-|
|**Subsistence**|-|-|
|**Accommodation**|-|-|
|**Other (please specify):**|-|-|
||-|-|
|**TOTAL**|-|-|
|**Please provide the number of trustees reimbursed for expenses or who had**
**expenses paid by the charity**|||
||**0**|**0**|
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
**There have been no related party transactions in the reporting period (True or False)**
_**1**_
|**Name of the trustee or**
**related party**|
**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**|
**Amounts**
**written off**
**during**
**reporting**
**period**|
|---|---|---|---|---|---|---|
|**N/A**|**N/A**|**N/A**|**£**|**£**|**£**|**£**|
||||||||
||||||||
||||||||
||||||||
|**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the nature_**
**_of any payment (consideration) to be provided in settlement._**
**_For any related party, please provide details of any_**
**_guarantees given or received._**|||||||
||||N/A||||
||||||||
||||N/A||||
CC17a (Excel)
02/09/2024
14
## **Last year**
**There have been no related party transactions in the reporting period (True or False)**
_**1**_
|**Name of the trustee or**
**related party**|
**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**|
**Amounts**
**written off**
**during**
**reporting**
**period**|
|---|---|---|---|---|---|---|
|**N/A**|**N/A**|**N/A**|**£**|**£**|**£**|**£**|
||||||||
||||||||
||||||||
||||||||
|**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the nature_**
**_of any payment (consideration) to be provided in settlement._**
**_For any related party, please provide details of any_**
**_guarantees given or received._**|||||||
||||N/A||||
||||||||
||||N/A||||
CC17a (Excel)
02/09/2024
15
**Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
Due to this being Wishing Hearts Charity's first accounting period, no funds have been carried forward from previous years. Trustees have completed these accounts to the best of their abiltiy but many sections regarding endowments, investments or stocks were not applicable to our functioning, the same is appllied for employment as we are run solely through volunteer work.
CC17a (Excel)
02/09/2024
16