REGISTERED CHARITY NUMBER: 1202667 REPORT OF THE TRu$rE AND FINANCIAL ATEmENTs FOR THE PERIOD 11 APRIL 2023 TO 30 APRIL 2024 FOR HOLLY'S HEARTS P B Syddall & Co Chartered Accounlanis Grafton Hou5¢ 81 Chorley Old Road Bolton Lancashire BLI 3AJ
HOLLY'S HEARTS CONTENfs OF THE FINANCIAL sfATEMENTS FOR THE PEIUOD 11 APRIL 2023 TO 30 APRIL 2024 Pge Report of tb¢ Truste I to 3 Ind¢ptMdent Ex•nbimej Report StstemeDt of FinnelAI A¢¢ivStl Bal4net Sheet Notu to the FiD4ncial Stt¢ments Dttsiled St•temtnt ofFin•ncll Aetlvl¢les
HOLLY'S HEARTS REPORT OF THE TRusfEES FOR THE PERIOD 11 APIUL 2023 TO 30 APRIL 2024 The trte¢S present th¢ir rqrt wtth the fmancial statements of the clmrity for the period 11 April 2023 to 30 April 2024. The trustees have adoptrd the provisions of Accounting and ReFKJrtin8 by Charities.. Stst¢ment of Recommend¢d Practice appli¢able to ¢ritieS preparing their accounts in accordance with the Finanei41 Reporting Standard appli¢able in the UK and Republic of Ireland {FRS 102) (effective l January 2019). Holly's H¢aTts was established by Mark and Jem)y Prince in memory of their daughter Holly who had a very rare ondiiion called Bloorn Syndrorn¢. There are less than 300 people in the world registered with the condition. Children with Bloom sdTOM¢ have an in¢Teased chanc¢ of d¢velopin8 canc¢r. Holly was diagnosed with cancer ai age three and sadly passed away aged five in April 2022. The organisation has been raising money for temiinally ill children since 2022 but Lt was not until I l April 2023 that the charitsble incorporated organisation known as Hollys H¢arts was forn)ally r¢gi5t¢red with th¢ Charity Commi$5ion. In June 2023, the balaft¢¢ of monies accumulated ¢0 £1 1.978. was tr8nsfeTr¢d into the charity accouni. OBJECTIVES AND ACTIVITIES Oble¢tlve5 and alm$ To keep Holly's memory alive the Prince family Set up the eharity in her name in 2023 to help other children and families going through similar experiences. Th¢ objectives of the tharity are the relief of those in A¢¢d by reason of ill health, $pe¢ifically children suffering from an otKolo8y relat iltnes& by the provision of items and family experiences with the aim of improving their condiiions of life. Publlc beneflt The trustees have given due re8ard io the tharity ¢ommissionJ suidance on public benefit and confiden¢ that the charity meets the criteria. ACHIEVEMENT AND PERFORMANCE ChArltable aetlvltles We have gifted over 60 families with respi1¢ br¢ths in caravans, ltsdge5 and at Cen¢er Parcs, family da outs, theatre and show tick¢ts and most recenily fooiball hospitslity. We have also provided gifts to help children ihrough their treatment durirtg what can som¢tim¢s be very long hospit•l stsys. Gifts include such items a5 toys, le80. iPads, laptops, 8amin8 consoles and clothes. Wh#1 makes us unique is thal our 8ift is not Sei in $tone. Families can r¢que5t som¢rhin8 they really need and we personally spBak to the familiu and ty io h¢lp as best we can. We have t*en sele¢ted a5 charity of the yw by St¢ph¢nson's Solicitors and One Pi¢¢adilly GBrd¢n$. They have coniinually raised lots of rnoney for us throu8kn the year for which we •Te very 8rntefvl. We are 8180 indebted to all our supportws volunteers at ow ¢vents throu8hout th¢ year. withou¢ whorn we would noi be able to provide the uniqu¢ giftj experientts for the childm. Fundr#l$lnE actlvltles The charity aims io hold annual events ftlr fimdraisin8: March - 5 m21e5 a day {HOlIS Hearts and Bloom SdroMe Awar¢ness month) May- Charity football 8am¢ June- Holly's Charity Ball BI-ANNUAL July- Bike ride July- Kids fooiball tournament July- Summer Fair September- Golf day Septemb¢r- Sponsored walk (Childhood Cancer Awareness month) December- Walk for Holly and Christhi&s Raffle FINANCIAL REVIEW Financlal po$lllon During the year to 30 April 2024 the charity had a total income of £93,540 and total expendinjre of £16.308. None of the income was restricted and was available to be us¢d for the 8enerni objeaives of the charity. Page I
HOLLY'S HEARTS REPORT OF THE TRUSTEES FOR THE PERIOD I I APRIL 2023 TO JO APRIL 2024 FINANCIAL REVIEW Reserves policy The tntte5 b¢li¢ve a working ¢1th1 of £IO,O(Kl is an a¢¢eptsble level of reserves. As at the year end 30 April 2024 the Charity had w]restri¢ted reserves of £77.(KJO which is well in ex¢es8 of this. Recent discussions among the trustee board have tslked of the p)ssibility of purchasing an asseL which would enable the charity to provide families with wmnthon for rwit¢ breaks. As such these reserves could be called upon in the near future. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng do¢yment The charity 15 controlled by its ¢on51itul1o dated 7 Marth 223. and is • charitable incorpor4ted organisation. Recrultrnent Attd appointment ofn¢w trustees Apart from the first charity trjstees, every Intt must be appointed for 8 terni of three years by a resolution passed at a properly ¢onvened meeting of the chariry truste¢s.There must be * lea three clwity tru5tee5 and there is no mlMuM numb¢r of trustees thai may be appointed to the CIO. In sele¢iing individuals for appointment as ¢h•rity trustees. the ¢harity trusi¢es must have re8wd to the skills, knowled8e and experience needed for the eff¢¢tive athninistr&tion of the CIO. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered ChArlty number 1202667 Principal addre 6 Walden Close Hindley Wigan Lancashire WN2 4NP Trustees M Prince (oppointed I1.4.23) P Barnes (appoinied I1.4.23) A Kirkman (appointed I1.4.23} J Conroy (appointed I1.4.23) J Prince (appointed I1.4.23) C William5 (appointed I1.4.23) M Chantler (appointed I1.4.23) S Foster (appoint I1.4.23) J Farrimond {appointed I1.4.23) Independent Examlner Adam J Syddall MA FCA P B Syddall & Co Chartered Account80ts Grdfton Hous¢ 81 Chorl¢y Old Road Bolton L&nca5hiTe BLI 3AJ Pa8e 2
HOLLY'S HEARTS REPORT OF THE TRUSTEES FOR THE PEIUOD 11 APRIL 2023 TO 30 APRIL 2024 Approved by order of the board of trus*es ort 21 January 2025 and signed ott its behalf by.. M Prince- Trustee Page 3
II¥DEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF HOLLY'S HEARTS Independent ¢x4miner'$ report to the trnstte5 of Holly's He*rts report io the charity truste¢s on my examination of the accounL4 of Hollys Hearts (the Tru) ft>r the period I l April 2023 to 30 April 2024. Responsibilities #ttd basis of report A5 the charity trustees of the Trust you are resw)nsible for the preparntion of the accounts in #¢cordance with the requirements of th¢ Charities A¢t 2011 (Ihe A¢V). I report in respect of my examination of the Twsvs accounts carried under Seeiion 145 of the Act and in Carrying out my ¢xamination I have followed all applicable Dire¢tions given by the Clwity Cotnmission under Section 145(5)(b) of the Act. Indeptndtnt ex8n)Iner's st#tem¢nl I have completed my examination. l Confinn thai no Material matters have come my attention in c4)nn¢¢tion with the aminaiion giving me cause to believe in any rnaierial resp¢¢t'. accounting records were not kept in respect of the Tnw ts required by Sxtion 130 of th¢ Ac¢; or the accounts do noi a¢¢ord with those re¢ord5; or the accounts do noi comply with the applicable r¢quirements cone¢ming the forni and content of a¢¢ounts set out in the Chari¢ies (Accounts gnd Reports) Regulations 2CN)8 oth¢r than any reqUirent that the accounts give a tnje and faiT view which is not a matter considered as pan of an independent exarnination. I have no concern$ and have come across no other matters in ¢onnection with the examination which attention should be drawm in this report in order to enable a propu und¢rstsndin8 of the aOunts to be rea¢hed. Adam J Sydda]I MA FCA P B Syddall & Co Chartered A¢¢ounian15 Grafton House 81 Chorley Old Road Bolton Lan¢&shire BLI 3AJ 21 January 2025
HOLLY'S HEARTS STATEMENT OF FINANCIAL ACTIVITIES FOR THE PEIUOD 11 APRIL 2023 TO 30 APIUL 2024 Unrestrict¢d fund INCOME AND ENDOWMENTS FROM Donations and legacies 93.540 EXPENDITURE ON Raising fimds 2280 Charit¥4ble *etivities Charitsbl¢ a¢tivities 14,028 Total 16?08 NET INCOME 77232 TOTAL FUNDS CARRIED FORWARD 77332 The noies form part of these financia] staternents Page 5
HOLLY'S HEARTS BALANCE SHEET 30 APRIL 2024 Unr¢stricted fimd Notes CURRENT ASSETS Cash at bank and in hand 77,832 CREDITORS Amounts falling du¢ within on¢ year (60Q) NET CURRENT ASSETS 77,232 TOTAL ASSETS LESS CURRENT LIABILITIES 77,132 NET ASSETS 77232 FUNDS Unrestrided funds 77,232 TOTAL FUNDS 77232 The fJnan¢i?I ststernents We approvtra by the Board of T[e¢S and authori5ed for issue on 21 January 2025 and were $i8fted on its behalf by.. M Prin¢¢- Tru#e¢ The note$ fom pfirt of these financial 5tytem¢nts
HOLLY'S HEARTS NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD I I APIUL 2023 TO 30 APRIL 2024 ACCOUNTING POLICIES Basts of preparing the financi*l statements The financial tttem¢nts of the cljarity. which i5 a public benefit entiry under FRS 102. have b¢¢n prepared in accordanc¢ with the Charities SORP (FRS 102) 'Aceounting and R¢porttng by Charities.. Statement of Recommended Practice #pplicable ts) chaTities preparing their a¢¢ounts in acrdance with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard appIlble in the UK and Republi¢ of Ireland, and the Charities Ad 2011. Th¢ financia] have b¢en prepared under the historic&l ¢05t ¢onvention. Income All income is reco8nised in the Statement of FinanciAI Artivities once the ¢harity has enti¢l¢ment to th¢ funds, it is probable tha¢ the income will b¢ received and the arnount ¢•n be measurtd reliably. Expenditure Liabilities are recognised expenditure as sn as there is a legal or constructive obli881ion committing the tharity to that expendinwe. it is probable that a transfer of econornic benefits will be required in Settlement and the amount of the obligation ¢an be measured reliably. Expettditure is accounted for on an accruals basis and has been cl&s$tfied under headings that aggregaie all cost relat to the category. Where ¢osts cannot be directly attributed to particular headings they have been allocated io acts"vities on a basis consist¢nt with the use of resources. Taxallo The ¢haTity is exempt from on its Charitsble activities. Fund Accountlng Unrestrirted fimds Can be used in a¢¢ordance with the charitabl¢ obje¢¢ives at th¢ diKretion of the trlee$. Restricted fijnds only be used for pgrticular restrictrd purposes within the objects of the chartty. R¢stri¢tions arise when Specified by the donor or wh¢n fimd5 are raised for particular restricted purposes. Further explanation of the nature and purpoje of each fitnd 1$ included in the notes to the fmancial s¢aternents. TRUSTEESI REMUNERATION AND BENEFITS There were no truste¢s' Yemunention or other benefits for the period ended 30 April 2024. Tru$t¢es' expens¢s During the period, £757 was paid to f(NJr of the mMe¢s in oth w reimbu¢ them for costs thai they had in¢urred on behalf of the chariry. Page 7 ¢oniinued...
HOLLY'S HEARTS NOTES TO THE FINANCIAL sfATEMENTS- ntInued FOR THE PEIUOD 11 APRIL 2023 TO 30 APRIL 2024 CREDITORS: AMOUNTS FALLING DUE wrrAIN ONE YEAR Other credito 600 MOVEMENT IN FUNDS Net movem¢ in funds At 30.4.24 Unre5tri¢ted funds General fund 77232 77,232 TOTAL FUNDS 77,232 77,232 Net movement in OJnd& included in the above are as follo.. Incomtng Movement in fvnds expended Unre5trl¢t¢d G¢neral fund 93¥0 (16JO 77,232 TOTAL FUNDS 93,540 (IOJ08) 77,232 RELATED PARTY DISCLOSURES Th¢re were no related party trSli0n3 ftir the period ended 30 April 2024. P¢8
HOLLY'S HEARTS DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 11 APRIL 2023 TO 30 APIUL 2024 INCOME AND ENDOWMENrs Donations And legacles Donation5 Fundraisin8 71.098 22,442 93,540 Totsl incomlttg resourees 93,540 EXPENDITURE R4tsing donatlons And lega¢leJ Fundraising costs 2.280 Ch*rltgble •ctlvltleg Gifts and holidays 12,398 Support costs Other Merchandis¢ Posiage and stationery Sundries 490 480 60 1,030 Governance Costs Independent examination 600 Totsl resouwes expended 16J08 Net Ineome 77,232 This page does not fonn phrt of the statsrtory financial stst¢ments Page 9