2024-03-31-accounts

Client Confidential

Trustees’ Annual Report for the period

From Period start date 27/01/2023 To 31/03/2024 Period end date

Charity name: Learning By Heart

Charity registration number: 1201747

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the CIO are to advance the education and prospects of: i) UK school students from all financial backgrounds, through the provision by volunteers of online, pay-as- you-feel tutoring services that enable them to recognise their full potential capabilities, competencies and skills. ii) Young people for the public benefit, by making grants to educational charities using the proceeds from tutoring services.
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	We offer tuition on a pay-as-you-feel basis, in a range of UK GCSE and A- Level subjects including: English, Maths, Science, History, French and Spanish. The surplus from these pay as you feel donations is utilised to make a grant each year to an educational charity (selected by application process followed by shortlisting and a vote, in which all volunteers can participate). The charity offers subjects based on the subject choices of available tutoring volunteers, which are based on their qualifications. Each tutor teaches a subject in which they have a qualification at least one level above that which they are tutoring, with grade B or above (e.g. a Maths GCSE tutor must have Maths A- Level). Alternative, equivalent

Client Confidential

		qualifications or experience are considered in the tutor selection process on a case by case basis; for example, a native speaker of a foreign language may tutor a learner of that language.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All trustees have read and understood the guidance and ensured that Learning by Heart abides by the guidance.

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

----- Start of picture text -----
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Other
----- End of picture text -----

Achievements and Performance

SORP reference

Client Confidential

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	● Delivered in the region of 150-200 hours of tutoring in 6 key subjects. ● Brought our fundraising total to £4615 donated to educational charities. ● Built relationships with universities such as Bath (through the Gold Scholars’ programme) and the Global Banking School, recruiting new management team volunteers and supporting them to develop employable skills. ● Received highly positive feedback from service users, e.g. “[The tutor] has been fabulous and has really helped my son with exam topics” “[My tutor] was very knowledgeable of the _topic and helped reinforce my learning”. _

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
Investment performance against objectives	Para 1.41
Other

Client Confidential

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the reported financial period Learning by Heart had £529 of reserves and no outstanding debts.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Learning by Heart has a policy to retain at least three months of run-rate costs as a reserve
Amount of reserves held	Para 1.22	£250
Reasons for holding zero reserves	Para 1.22	n/a
Details of fund materially in deficit	Para 1.24	n/a
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are no uncertainties about the charity continuing as a going concern.

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

The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Client Confidential

Structure, Governance and Management

----- Start of picture text -----
Description of charity’s
trusts:
Type of governing document Para 1.25 CIO constitution.
(trust deed, royal charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection methods Para 1.25 Trustees are typically selected by a mixed
----- End of picture text -----

Structure, Governance and Management	Structure, Governance and Management	Structure, Governance and Management
Description of charity’s trusts:
Type of governing document (trust deed, royal charter) Para 1.25 CIO constitution.
How is the charity constituted? (e.g unincorporated association, CIO) Para 1.25 CIO
Trustee selection methods	Para 1.25	Trustees are typically selected by a mixed
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		approach of direct appointment where appropriate, and advertisement on relevant platforms, interview and selection by the founder and existing trustees. Our constitution includes the following provisions regarding appointment of trustees: (a) Apart from the first charity trustees, every appointed trustee must be appointed for a term of 3 years by resolution passed at a properly convened meeting of the charity trustees. (b) In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

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

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
	Para 1.51

Client Confidential

Relationship with any related parties Other

Reference and Administrative details

----- Start of picture text -----
Charity name Learning By Heart
Other name the charity uses N/A
Registered charity number 1201747
Charity’s principal address 2 Swalletts Corner Cottages
Dauntsey
SN15 4HQ
----- End of picture text -----

Client Confidential

----- Start of picture text -----
Name of person
(or body) entitled
Trustee name Office (if any) Dates acted if not for whole year
to appoint trustee
(if any)
1 Chris Green Chair
2 Amy Harvey-Orton
3 Ciara Danes
4 Emily Morris
5 Richard Carter April 2024-present CG, AHO, CD
----- End of picture text -----

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

Director name N/A

Name of trustees holding title to property belonging to the charity

----- Start of picture text -----
Trustee name Dates acted if not for whole year
N/A
----- End of picture text -----

Client Confidential

Funds held as custodian trustees on behalf of others

Description of the assets None. held in this capacity Name and objects of the N/A. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A. safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

----- Start of picture text -----
Type of Name Address
adviser
Name of chief executive or names of senior staff members (Optional information)
----- End of picture text -----

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Client Confidential

Declarations

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

----- Start of picture text -----
Signed on behalf of the charity’s trustees
Signature(s)
Green
Full name(s) Chris
Position (eg Chair
Secretary, Chair, etc)
Date
12/3/2025
----- End of picture text -----

Profit and Loss

Learning by Heart

For the period 27 January 2023 to 31 March 2024

Profit and Loss Learning by Heart For the period 27 January 2023 to 31 March 2024
	27 JAN 2023-31
	MAR 2024
Turnover
Donations	1,685.21
Total Turnover	1,685.21
Gross Profit	1,685.21
Administrative Costs
Bank Fees	44.79
DBS Checks	249.00
General Expenses	359.39
IT Software and Consumables	214.13
Safe Guarding Training	425.00
Total Administrative Costs	1,292.31
Operating Profit	392.90
Profit on Ordinary Activities Before Taxation	392.90
Profit after Taxation	392.90

Profit and Loss Learning by Heart

12 Mar 2025 Page 1 of 1

Balance Sheet

Learning by Heart As at 31 March 2024

Balance Sheet Learning by Heart As at 31 March 2024	Balance Sheet Learning by Heart As at 31 March 2024
31 MAR 2024
Current Assets
	Cash at bank and in hand
	LEARNING BY HEART 528.62
	Total Cash at bank and in hand 528.62
Total Current Assets 528.62 Creditors: amounts falling due withinone year
GBP PayPal 0.01
Total Creditors: amounts falling due within one year 0.01
Net Current Assets (Liabilities) 528.61
Total Assets less Current Liabilities 528.61
Net Assets 528.61 Capital and Reserves
Current Year Earnings 316.21
Retained Earnings 212.40
Total Capital and Reserves 528.61

12 Mar 2025 Page 1 of 1

Balance Sheet Learning by Heart