Trustees' Annual Report for the period
Period start date Period end date Day Month Year 31 Month Year
From
To
Section A Reference and administration details
Charity name
HEARTS & MINDS FOUNDATION
Other names charity is known by Registered charity number (if any) 1206392
Charity's principal address
GROSVENOR HOUSE
UPPINGHAM ROAD, HOUGHTON ON THE HILL LEICESTERSHIRE Postcode LE7 9HG
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mrs. Tajinder Banwait |
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| Mr. Jagjit Nanuwa | ||||
| Mrs. Karmjit Nanuwa |
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Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
- (eg. trust deed, constitution)
How the charity is constituted
CIO
- (eg. trust, association, company)
Appointed by Mrs. Tajinder Banwait Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
To relieve sickness and advance the health and wellbeing of children and young adults in the UK with Congenital and other heart conditions by making financial grants direct to their Families and to organisations specialising in their treatment, support and care.
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During this first year the charity has been focused on building relationships with NHS Hospital Trusts, Heart Charities, the Congenital Heart Disease Network and their hospital charity partners across the UK.
This was with a view to learning more about how we could help and establish their fundraising needs both in the short and long-term and to discuss how the Hearts & Minds Foundation (H&MF) might be able to assist them in the future with financial grants.
The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit, as required under section 17 of the Charities Act 2011.
Summary of the main activities undertaken for the In shaping our objectives and planning our activities for the year, the public benefit in relation to trustees have considered how the charity’s aims can continue to deliver these objects (include within public benefit. The charity’s activities are fully aligned with its charitable this section the statutory purposes and are designed to provide clear and identifiable benefit to the declaration that trustees have public or a sufficient section of it. had regard to the guidance issued by the Charity During the year, the H&MF have primarily been fundraising from the Commission on public development and sale of products from brand partnerships. The benefit) development process has started with two brands - Urban Apothecary London and Palette London creating and promoting products for sale from May 2024 to support the charity. The profits from the sales of these products will be donated to the charity on an annual basis.
Whilst these funds may not build immediately, we’re confident of the long-term strategy to raise funds through brand partnerships. The charity also received donations of £1360 but will explore other avenues for fundraising and activities during the next financial year.
The trustees are committed to ensuring that the charity’s resources are used effectively to maximise impact.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
-
policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
Summary of the main achievements of the charity during the year
- Building relationships with NHS Hospital Trusts, Heart Charities, the Congenital Heart Disease Network and their hospital charity partners across the UK. - Developing charity products in partnership with Urban Apothecary London and Palette London. This consists of a luxury candle and diffuser from Urban Apothecary London and a Nail Paint from Palette London. The profits from the sales of these products will be donated to the charity on an annual basis.
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Section E Financial review
Brief statement of the charity’s policy on reserves
The charity currently does not hold any unrestricted reserves. The trustees are aware of the importance of maintaining an appropriate level of reserves to ensure the financial sustainability of the charity and to protect against unforeseen challenges or interruptions to income.
In the absence of reserves, the charity manages financial risk by close monitoring of cash flow and maintaining good relationships with funders and supporters. The trustees are committed to working towards a reserves position that supports the long-term resilience of the H&MF.
Details of any funds materially in deficit
None
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Mrs. Tajinder Banwait Position (eg Secretary, Chair, Chair etc) Date 05/08/25
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Charity Name No (if any) Hearts & Minds Foundation 1206392 Receipts and payments accounts For the period Period start date Period end date To from 04/01/2024 31/12/2024
CC16a
Section A Receipts and payments
| A1 Receipts | Unrestri cted funds to the nearest £ 1360 - - - - - - - 1360 - - 0 1360 - - - - - - - - - 0 - - - 0 1360 0 0 1360 |
Restrict ed funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endow ment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donations | 1360 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) | 1360 | - | ||||
| A2 Asset and investment sales, (see table). | ||||||
| - | ||||||
| - | - | |||||
| Sub total | 0 | - | ||||
| Total receipts A3 Payments |
||||||
| - | ||||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total | 0 | - | ||||
| A4 Asset and investment purchases, (see table) | ||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | ||||||
| 1360 | - | - | - | - | ||
| 0 | - | - | - | - | ||
| 0 | - | - | - | - | ||
| 1360 | - | - | - | - |
Section B Statement of assets and liabilities
Details
Unrestri Restrict Endowme cted ed funds nt funds funds
Categories
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds |
Details Details Signature Details Total cash funds (agree balances with receipts and payments account(s)) Details Bank |
to nearest £ to nearest £ 1360 - - - - - 1360 - OK OK Unrestri cted funds Restrict ed funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - TAJINDER BANWAIT Print Name |
to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowme nt funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| TAJINDER BANWAIT | 05/08/2025 | ||