OpenCharities

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

2025-04-05-accounts

REGISTERED CHARITY NUMBER: 1200977

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

THE CREATIVE HEALTH TRUST UK

Rushtons Chartered Accountants Shorrock House 1 Faraday Court Fulwood Preston Lancashire PR2 9NB

THE CREATIVE HEALTH TRUST UK

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

Page
Report of the Trustees 1 to 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 9
Detailed Statement of Financial Activities 10

THE CREATIVE HEALTH TRUST UK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025

The trustees present their report with the financial statements of the charity for the year ended 5 April 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

The Creative Health Trust UK exists to improve the wellbeing of people living with life-limiting illness and their families by funding creative therapies delivered within hospices.

The charity achieves its objectives by providing grants to hospices to support creative arts-based therapies, including:

These activities support emotional wellbeing, help individuals and families process end-of-life experiences, and assist families during bereavement.

Public benefit

In setting objectives and planning activities, the Trustees have had due regard to the Charity Commission's guidance on public benefit. The activities of the charity are carried out for the benefit of hospice residents and their families, with no private benefit to individuals.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

During the year, the Trustees continued to focus on establishing strong governance, developing relationships with

hospices, and delivering grant funding.

Key achievements include:

The Trustees believe these activities demonstrate clear progress towards the charity’s objectives.

Page 1

THE CREATIVE HEALTH TRUST UK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025

FINANCIAL REVIEW

Financial position

The charity operates with modest financial resources and holds no investments other than funds held in its bank account.

For the year ended 5th April 2025, income was £9,584 and expenditure totalled £14,290, which included £13,390 in grants made.

As at 5 April 2025, the charity had net liabilities of £832, see below for further details.

Reserves policy

The Trustees continue with their aim to maintain reserves sufficient to cover approximately six months of operating costs - ideally 3 times the cost of professional accounting advice.

At the year end, this was not met as the Trustees wished to maintain support to Hospices wishing our support. They also believed operational costs are minimal as a result of volunteer support from the administrator and CEO.

The Trustees recognise the importance of building reserves over time, specifically to pay for professional accountancy fees and will seek to strengthen financial resilience through fundraising and donor development.

This year, the charity operated at a small loss due to accrued financial costs from accountancy fees. This will be avoided and planned for in the next financial year.

Grant making policy

The charity’s principal activity is the provision of grants to hospices. A formal Grant-Making Policy is in place, setting out eligibility, application, and approval procedures.

All Trustees are involved in the approval of grants. Trustees are provided with up-to-date information on available reserves and any restricted funds before grants are approved.

No grants are awarded unless the full amount is available at the time of approval, and no grant is agreed if it would compromise the charity’s ability to operate effectively.

FUTURE PLANS Our short term plan

Over the next 12 months, the Trustees aim to:

  1. Support at least 10 creative therapy projects within hospices

  2. Expand relationships with hospices across the North West and Yorkshire

  3. Increase awareness of the charity’s work among donors and supporters

Our long term plan

The Trustees’ long-term ambition is to continue to develop:

  1. A charity recognised for making a unique and meaningful impact within hospices across the UK

  2. A financially resilient charity supported by a diverse donor base

  3. A recognisable and trusted brand across fundraising platforms

Page 2

THE CREATIVE HEALTH TRUST UK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The charity is governed by its Foundation Document, adopted on 10 October 2022.

The charity was registered with the Charity Commission on 10 November 2022.

Recruitment and appointment of new trustees

Trustees are appointed in accordance with the governing document. New Trustees receive an induction appropriate to their role, including an overview of the charity’s aims, policies, and governance responsibilities.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1200977

Principal address

Stoneacre Witherslack Grange-Over-Sands Cumbria LA11 6RW

Trustees

Samuel David Calvert Michaela Beth Peskett Nigel Murray Tina Garg Caroline Morgan (Chairperson) Gary Vose

Volunteers

The charity has no paid staff. The following roles are undertaken on a voluntary basis:

Volunteer Chief Executive Officer: Robert Sutcliffe Volunteer Secretary: Jan Sutcliffe

08/01/2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.......................................................... Caroline Morgan (Chairperson) - Trustee

Page 3

THE CREATIVE HEALTH TRUST UK

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025

Period
10.11.22
Year Ended to
5.4.25 5.4.24
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 9,854 - 9,854 10,630
EXPENDITURE ON
Raising funds 2 - - - 71
Charitable activities
General 11,940 1,450 13,390 5,155
Other 900 - 900 1,800
Total 12,840 1,450 14,290 7,026
NET INCOME/(EXPENDITURE) (2,986) (1,450) (4,436) 3,604
RECONCILIATION OF FUNDS
Total funds brought forward 2,154 1,450 3,604 -
TOTAL FUNDS CARRIED FORWARD (832) - (832) 3,604

The notes form part of these financial statements

Page 4

THE CREATIVE HEALTH TRUST UK

BALANCE SHEET 5 APRIL 2025

Unrestricted
Restricted
fund
fund
Notes
£
£
CURRENT ASSETS
Cash at bank
68
-
CREDITORS
Amounts falling due within one year
5
(900)
-
NET CURRENT ASSETS/(LIABILITIES)
(832)
-
TOTAL ASSETS LESS CURRENT
LIABILITIES
(832)
-
NET ASSETS
(832)
-
FUNDS
7
Unrestricted funds
Restricted funds
TOTAL FUNDS
2025
Total
funds
£
68
(900)
(832)
(832)
(832)
(832)
-
(832)
2024
Total
funds
£
4,883
(1,279)
3,604
3,604
3,604
2,154
1,450
3,604

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 08/01/2026

............................................. Caroline Morgan (Chairperson) - Trustee

The notes form part of these financial statements

Page 5

THE CREATIVE HEALTH TRUST UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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.

Page 6

continued...

THE CREATIVE HEALTH TRUST UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025

2. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
Period
10.11.22
Year Ended to
5.4.25 5.4.24
£ £
Support costs - 71

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the period ended 5 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 5 April 2025 nor for the period ended 5 April 2024.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
4,025
6,605
EXPENDITURE ON
Raising funds
71
-
Charitable activities
General
-
5,155
Other
1,800
-
Total
1,871
5,155
NET INCOME
2,154
1,450
TOTAL FUNDS CARRIED
FORWARD
2,154
1,450
Total
funds
£
10,630
71
5,155
1,800
7,026
3,604
3,604

Page 7

continued...

THE CREATIVE HEALTH TRUST UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts (see note 6) - 379
Other creditors 900 900
900 1,279
6. LOANS
An analysis of the maturity of loans is given below:
2025 2024
£ £
Amounts falling due within one year on demand:
Bank overdrafts - 379
7. MOVEMENT IN FUNDS
Net
movement At
At 6.4.24 in funds 5.4.25
£ £ £
Unrestricted funds
General fund 2,154 (2,986) (832)
Restricted funds
General fund 1,450 (1,450) -
TOTAL FUNDS 3,604 (4,436) (832)
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 9,854 (12,840) (2,986)
Restricted funds
General fund - (1,450) (1,450)
TOTAL FUNDS 9,854 (14,290) (4,436)

Page 8

continued...

THE CREATIVE HEALTH TRUST UK

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025

7. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
in funds 5.4.24
£ £
Unrestricted funds
General fund 2,154 2,154
Restricted funds
General fund 1,450 1,450
TOTAL FUNDS 3,604 3,604

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 4,025 (1,871) 2,154
Restricted funds
General fund 6,605 (5,155) 1,450
TOTAL FUNDS 10,630 (7,026) 3,604

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 5 April 2025.

Page 9

THE CREATIVE HEALTH TRUST UK

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025

Period
10.11.2 2
Year Ended to
5.4.25 5.4.24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 9,854 10,630
Total incoming resources 9,854 10,630
EXPENDITURE
Charitable activities
Grants to institutions 13,390 5,155
Other
Accountancy fees 900 1,800
Support costs
Finance
Bank charges - 71
Total resources expended 14,290 7,026
Net (expenditure)/income (4,436) 3,604

This page does not form part of the statutory financial statements

Page 10