Charity registration number. 512815
Young at Heart
Annual Report and Financial Statements
for the Year Ended 31 March 2025

Young at Heart
Contents (contlnued)
Reference and Administrative Details
Trustees, Report
2to3
statement of Trt￿tees, Re8ponsibiliti8S
IrKlepend8nt Examinerfs Report
Statement of Ftnan¢ial Activiti8S
6t07
Balance Sheet
Notes to the Financial Ststements
9t013

Young at Heart
Reference and Admlnistrative Details
Chalrnian
C Donnél
Charlty Reglstratlon Number
512815
Prlnclpal Office
Lonsdale H￿Is8
Unit 305A
52 BluGheT Str88t
Birmingham
B1 1QU
Mark A Jordan
Independent examiner
Knighton House
62 Hagley Road
stOUTbr￿ge
West Mwjlands
DY8 1QD
Independent Examiner
Page 1

Young at Heart
Trustees. Report
The trustees present the annual report together with the flnancial statements of the thariEy for th8 year
ended 31 March 2025.
ob￿CtIveS and activities
Objects and alms
Young at Heart exists to provide help and support to families of babies and children receiving
treatment for cardiac o)nditions at Birmtngham Chiklren's Hospital. We WO￿ closety with the
hospitsl's Paediatric Cardiac Untt artd provide regular ward visits to support families during what can
be an extremely Challengi￿ time.
Our aim is to bring families (￿ether through a range of social actsvibes and events. enabling them to
meet others in similar circumstarHX. share exPeri8n￿s. redu￿ feelings of isolatic>n. and build lasting
friendships.
Achiovements and perfornianco
Despite some changes wlthin the committee during the year, induding several membws stepping
down due to thanges in personal cIr￿mStances. the charlty fxntinues to benefit from a committed
and dedioted team. We have also Wel￿ad new truste8s. 8nsuring the charity remains well
supported and able to grow.
During the year, Young at Heart continued lo..
. Meet Ihe increasing demand for our services as our membership conlinues to grow.
. Expand the support provided to families under the care of Bimiingham Children's Hospital Paediatric
Cardiac UniL This included memory gffts, bereavement support, care packagès and items such as
superhero bears and sibling bears.
Provide specialist medical equipment. induding INR monitoring machines. allowing children and
young people to safely managè th8lr coTrJitions at hom8 and reduce the need for frequent outpat18nt
appointments.
Continue to Spor￿Or a Fontan workshop project delI￿red by Birmingham Children's H¢>spitsl and
replaced a faulty Defibrillator for one of our members.
Deliver more socid events than ever before for our famifies. Events indudèd ¥isits to Llttle Owl
Fam. an Easter party. Dudley ZOD Dream Nights. trips to Drayton Manor, a Halloween paty.
Christmas party. pantomime outtng and regular Goffee momitus.
As our membership continues to increase. remain committed to aC￿mMOdating our families by
swrcing larger venues where required to ensure events remain indusive and accessible.
Page 2

Young at Heart
Trustees. Report (continued)
Trustees and offlcers
The trustses and officers serving during the year and since the year end were as follows:
C Donnelly
C Webster
Trustees..
E Byme
K Bruton (resigned 28 June 2025)
Brown {r8signed 30 September 2024)
A Obinna
T Holmes (resigned 28 S8Ptembgr 2025)
P We]ch
S D Bisson (appointed 14 June 2024 and resigned 13 September
2025)
K Rob8rts (appointed 14 June 2024)
C Hughes (appointed 29 August 2025)
J Couchman {appointed 5 Novemb6r 2025)
None of the Trustee's has any beneficAal interest in the company.
Chaimian:
C Donnelly
Th8 annual report was approved by the trustees of the charity on 19 December 2025 and signed on
its behalf by:
Trustee
Page 3

Young at Heart
ststement of Trustees. Responsibilities
The trustees are responsibl8 for prep8ring the trustees, r8POrt and the financlal ststam8nts in
accordance with the United Kingdom Accounting Standards (United Ktngjom Generally A¢cepted
Accounting Practice) and applicable law and regulations.
The law applirable to tharities requires Ihe trustees to prepare financial statements for each financial
year whith give a true and fair view of Ihe stat8 of affairs of the charity and of incoming resources
and application of resources of the charity for that period. In preparing these financial st8t8m8nts. the
trustees are required to:
select suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP:
make judgements and estimates that are reasonable and pnJd8nt:
stste wheth8r applicable accounting standards have be8n followed, subject to any material
departures disclosed and 8xplained In the finandal ststements." and
pr8pare the financtal statements on the going conc8rn basis unl8SS it is Inappropriale to presume
that the Charity will continue in business.
The trustees are resp)nstile for keèping proper accounting records that disclose with reasonable
a¢euracy at any time the financial positlon of the charity and enable them to ensure that the flnancial
statements comply with th& Charitles Act 2011, the ChaTities (Accounts and Reports) Regulations
2008. and the provision5 of the const5tution. Th8 trustees are also responsible for safeguarding the
8ssets of the charity and hence for taking reasonable steps for the prevention and det8Ction of fraud
and other irregularilies.
The trustees are ￿s￿nsIble for ihe maintenance and integrity of the corFx)rate and financial
Infomialion included on the Charitable coMpan￿S website. Legislation goveming the preparation and
dissemination of financial statements may differ from legislation in oth8r jurisdidions.
Approved by the twstees of the charity on 19 December 2025 and signed on its behalf by:
E Byme
Trustee
Page 4

Young at Heart
Independent Examinees Report to the trustees of Young at Heart
I report to the twst8es on my examinatlon of the accounts of Young at Heart for the year ended 31
March 2025.
Rosponsibilitieo and basls of report
As the charrfy trusle8s of Yourg at Heart you are responsible for th8 preparatlon of th8 accounts in
accordance with the requirements of Ihe Chariiies Act 2011 (Ihe Act.).
I reFMXt in resped of my examin81ion of the Young at Heart's accounts carried out under seclion 145
of the 2011 Art and in carrying out my exaM￿￿tIon I have followed all the applicable Directions gtven
by the Charity Commission under seclion 145{5)(b) of the ACL
IrHlopendent examlnerfs statemont
I have completed my examination. I conflm that no material matters have come to my attention in
conneelion wlth the examinatlon giving me cause to believe that in any matsrtal resped."
1. ac¢ountlng r8¢ords were not kept In respect of Young at Heart as requlred by sectK>n 130 of the
ACL. or
2. the accounts do not accord with Ihose records; or
3. the ac¢ounts do not comply with Ihe accountin9 requirements concemlng the fomi and witent of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a Irue and fair view wh1(* is not a matter considered as part
of an If￿8pendent examination.
I have no concerns and have Come across no other matters in connection with the examination to
whi¢h attenlson should be drawn in this report in order to en8ble a proper understanding of the
accounts to be reached.
Mark
Jordan
Independent examiner
Knlghton House
62 Hagley Road
stourbridge
West Midlands
DY8 1QD
19 December 2025
Page 5

Young at Heart
Statement of Financial Activities for the Year Ended 31 March 2025
Total
2025
Unre8trfcted
lunds
Restricted
funds
Income and Endowmonts from:
Donalions, legacies and grants
Charitable activities
Other income
18.356
45.361
1.461
3.070
21.426
45.361
1.461
Total income
65.178
3.070
68.248
Expenditure on:
Raising funds
Charitable activibes
Other expenditure
Total expenditure
{6.110)
(30.160)
(32.866
(6.110)
(34.524)
{32.866
73.500
{4,364)
69.136
4,364
Net expendi￿re
3.958)
5.252)
Ngt movement in funds
(3,958)
{1.294)
(5.252)
Re¢on¢iliatlon of funds
Total fund5 brought forward
Totsl funds carried forward
61.892
1.794
63.686
58,434
57.934
500
Unrestricted Restrictod
funds
funds
Total
2024
Incomo and Endowments from:
DOnati(￿S. legacies and grants
Charitabl8 aclivilies
Other income
13.664
45.007
1,405
11,769
25,433
45.007
1.405
Totsl incomé
60,076
11.769
71.845
Expenditure on:
Raising fiAnds
Charftable aciivitie5
other expendilure
(2.724)
(18.309)
25.224
(2,724)
(34.736)
25.224
(16.427)
Total eX￿ndItUre
46.257
16.427)
62,684}
Net incomel(expenditure)
Net movement in funds
13.819
4.658
9.161
13.819
(4,658)
9,161
Reconclllatlon of funds
Total funds brought for•Mrd
Total funds ￿rrIed forward
48,073
6.462
1.794
54.525
11
61,892
63,686
The notes M pages 9 to 13 form an integral part of these financial statements.
Page 6

Young at Heart
Statement of Financlal Activltles for the Year Ended 31 March 2025 Icontlnued)
All of the tharity's adivltles derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 11.
The notes on pages 9 to 13 form an integral part of these financial ststements.
Page 7

Young at Heart
(Registration number: 512815)
Balanc6 Sheet as at 31 March 2025
2025
2024
Flxed a55èts
Tangible assets
Current assets
Cash at bank and in hand
3.114
2.251
10
55.320
61,435
Net assèts
58,434
63,686
Funds of the ¢harlty:
Restrlcted income funds
Restricted furKIs
500
1,794
UTrre3tr1ctsd Income funds
Unrestricted funds
57.934
61.892
Total funds
11
63.686
The financial statements on pages 6 to 13 V￿re approved by the trustees, and authorised for issue on
19 December 2025 and sign8d on th81r behalf by.
Trustee
The notes on pages 9 to 13 fomi an inlegral part of financial statements.
Page 8

Young at Heart
Notes lo the Flnanclal Statements for the Year Ended 31 March 2025
1 Accounting policie8
Statement of Compliance
The financlal statements have been prepared in accordance wth the second edition of th8 Charities
Statement of R8commended Pradi¢6 issued in October 2019, the Financial Reporting Standard
applicable In th8 United Kingdom and Republic of Ireland (FRS 102) and th8 Chartties Act 2011.
Basls of preparation
Young at Heart meets the definition of a public b6nefrt entity under FRS 102. The accounts (financial
statements) have been prepared under Ihe historical cost convention with items rec￿nISed at cost or
tfdnsaction value unless 0th8wse staled in the relevant nole(s) to th&se accounts.
Going concorn
The trustees constder that there are no material uncertainties abwt the chartws ability lo continue as
a going concern.
Income and endowments
Voluntary incom8 induding donations, gifts.18gacies and grants that provide core funding or are of a
general nature is reeognised when the charlty has entitlement to the incom6, it Is probable that the
Income wlll b8 received and the amount can be measured with sufficient rellability.
Donatlons and legacles
Donations and legacies are recognised on a recelvable basis when receipt is probable and the
amount can be ￿lIablY measured.
Grnnts recelvable
Grants are recognised when the charfty has an entitlement to the funds and any conditions linked to
the grants have been met. Where performance condltions are attached to the grant and 8re yet to be
met. the income 15 recognised as a liability and included on the balan¢e sheet as defe￿ed income to
be released.
Expendlture
All expenditur8 is recognised once there És a JwJal or constructive obligation to that expenditure. it is
probable settlement is required and the amount can be measured reliably. costs are allocated to
Ihe applicable expenditure heading that aggregate similar ¢osts to that category. Where costs cannot
be directly attributed to p8rticu18r headings they have been allocated on a basis ¢onsi8tent with the
use of resources. wth central staff costs allocated on the basis of time spent, and depreciation
charges alk)catPAI on the portion of the asseys use. Other support costs are allO￿ted based on the
spread of stsff costs.
Raising funds
These are costs incurr￿￿ in attfacling voluntary Incom8. tho managem8nt of investments and those
in￿1rred in trading activities that raise funds.
Page 9

Young at Heart
Notes to the Financial Statements for the Year Ended 31 March 2025
(contlnued)
Cha￿able activitles
Charltable expenditu￿ comprfs8S those costs incurred by the charfty In the dellvery of Its activities
and s8DAces for its bengficiaries. It Includes bolh costs that can be allocated direclly to such activities
and those costs of an indir8cI nature necessary to support them.
Support costs
Support costs include central fun¢tlons and have been allocated to activity cost categories on a basis
Consistent ￿th the use of resources, for example. allocating property costs by floor areas, or per
caplts, staff costs by the time spenl and other costs by thdr usage.
Taxallon
The charity is considered to pass the tests set out In Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it mèets the definition of a charltable company for UK corporation tax purposes.
Accordingly, th8 charity is potentially exempt from tsxation in respect of income or capital gains
received within Catsgorles covered by Chaptar 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxatlon of Chargeable Gains Act 1992, to the extent that such income or gains are
applled exdusN81y to charitable purposes.
Tanglblo flxed assats
Individual fixed assets costing £0.00 or more are inltially recorded at cosl, less any subsequent
accumulated depreciation and subsequent accumulated impalnnent losses.
Depreclatlon and amorti5ation
Depreciation is provld8d on tangible fixed assets so as to vthte off the cost or valuation, less any
estimated residual valu8, OV8r their expected useful economic lrfe as follows:
Assat class
Furniture and Equipment
Deproclatlon method and rate
200/• straight Ilne
Cash and cash equlvalonts
Cash and cash equivalents comprise cash on hand and call deposits. and other short-tenn highly
liquid investrnents that aré r8adily convertible to a known amount of cash and are subject to an
insignificant rtsk of chang8 In value.
Fund structure
Unr8strict8d incom8 funds are general funds that are available frK use at the tnjstses discration in
fijrtherance of the objectives of tha charity.
Restricted Incom8 funds are those donaled for use In a particular area or for sp8cific purposes. the
use of which Ès r8strict8d to that area or purpose.
Page 10

Young at Heart
Notes to the Financial Statsments for the Year Ended 31 March 2025
(continued)
2 In¢ome from donations, legacles and grants
Unrestri¢tsd
funds
General
Rgstrlcted
fund5
Total
funds
Donations and legacies:
Donations from individuals
Grants. induding capital grants.
Grants fr￿7 ott)er ¢*arilies
17,356
750
18.106
1.000
2.320
3.320
Total for 2025
18.356
3.070
21,426
To￿￿ for 2024
13.664
11.769
25.433
3 Inctsm• from charftable actlvltles
Unrestricted
futhds
General
Total
fund$
Donations and fvndralsing
45,361
45.361
Total for 2025
45.361
45.361
Total for 2024
45,007
45.007
4 Expenditure on charitable actlvlties
Unrestficted
funds
Designated
Rastricted
funds
Total
2025
Family support donatiorts and gifts
30.160
4.364
34.524
Unrastrlcted
funds
General
R•strleted
fvnds
Total
2024
Family support donations and gifts
18.309
16.427
34.736
Page 11

Young at Heart
Notes to the Financial Statements for the Year Ended 31 March 2025
(continued)
5 Other expenditurn
Unrostrlctod
funds
General
Total
funds
Note
Independent examiner fees
Examination of the financial ststements
Other resources 6xpended
1,560
31.306
31.306
Total for 2025
32,866
32.866
Total for 2024
25.224
25.224
6 Trustees remunorallon and expenses
No trustees. nor any persons connected with them, received any remuneration from Ihe charity
during thè year.
7 Independont examinorfs remuneration
2025
2024
Examination of th6 fjnanckl ststements
1.560
1,500
8 Taxatlon
Th6 charlty Is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
Furnlture and
equlpment
Total
Cost
At 1 Awil 2024
Additions
3,033
1.836
3.033
1,836
At 31 March 2025
4,869
4,869
Deprgciation
At 1 Aprtl 2024
Charge for the year
At 31 March 2025
782
973
782
973
1.755
1.755
Not book value
At 31 March 2025
3,114
3.114
At 31 March 2024
2,251
2,251
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Young at Heart
Notes to the Flnanclal Statements for the Year Ended 31 March 2025
(continued)
10 Cash and cash equbvalents
2025
2024
Cash at bank
55.320
61.435
11 Funds
Balan￿ at 1
April 2024
Incomlng
Resources
expended
Balance at 31
March 2025
Unrestricled funds
General
61.892
65,178
(69,136)
4.364
57,934
Restrlctod funds
1,794
3,070
500
Total funds
63.686
73.SOO
58,434
Balan￿ at 1
Aprll 2023
Incomlng
Resources
expendod
Balance at 31
March 2024
Unrgstrleted funds
General
48.on
60,076
(46.257)
16,427
61.892
Re8trlcted fund8
6.452
11,769
1,794
Total fund8
54,525
62.684
63.686
12 Analysls of net ass¢ts botween funds
Unrestrlcted
funds
General
Totsl fvnds
at 31 March
2025
Restrlcted
funds
Tangibl8 fixed assets
Current assets
3.114
3.114
55.320
500
Total net ass8ts
57,934
58.434
Unrestricted
funds
General
Total fund$
at 31 Mar¢h
2024
Restricted
funds
Tanglble fixod assets
Current assets
2.251
59,641
2.251
61,435
1,794
Total net assets
61.892
1.794
63,686
Page 13

Young at Heart
Statement of Financial Activities by fund for the Year Ended 31 March 2025
Totsl
Tolal
Unrestrlcted Unrestrlcted
Funds
Funds
2025
2024
Income and Endowmènts from:
Donations, legacie5 and grants
Charitable activitie5
Other income
18,356
45,361
1.461
13.664
45.007
1.405
Totsl inwme
65,178
60,076
Expendtturo on:
Raising funds
Charitable activities
Other expendityre
(6,110)
(30.160)
32,866
(2.724)
(18.309)
25,224
Total expenditure
(69,136
(46.257
Net {expenditure)fincome
3.958
13.819
Net movement in funds
(3,958)
13.819
Roconciliation of fvnds
Total fun(ts brought forward
Totsl funds carried fornard
61,892
57.934
48.073
61,892
This page doe5 not fonn part of the statutory financial statements.
Page 14

Young at Heart
statement of Financial Activities by fund for the Year Ended 31 March 2025
(continued)
Total
Total
Restrteled Re8trictad
Funds
Funds
2025
2024
Income and Endowments from:
Donations, lega¢las and grants
Total income
3.070
11,769
3,070
11,769
Exponditsire on:
Charltabie acllvllles
16.427
Total èxpenditure
Not expenditure
Net movement in funds
16.427
1,294
4,658
(1,294)
(4,658}
Reconclllation of funds
Totsl funds brought for4vard
Total funds carried fonNard
1,794
6.452
500
1,794
This page does not fomi part of the statsjtory finand81 stataments.
Page 15

Young at Heart
Detailed Statement of Financial Actovities for the Year Ended 31 March 2025
Total
2025
Total
2024
Income and Endowmonts from:
Donalions, legacie5 and grants {an81￿8d below)
CharltaNe activibes (8naEysed below)
Other income (analysed below)
Totsl Income
21.426
45,361
1.461
25.433
45,007
1.405
68.248
71,845
Expendlture on:
Raising funds (ana￿ad b8low)
Charitable activities (analy5ed below)
Other expenditure (analysed below)
Total expenditure
Net (expenditureyincome
(6,110)
(34.524)
32,886
(2,724)
{34,736)
25,224)
73.500
62,684
5,252
9.161
Net movement in funds
{5,252)
9,161
Reconclllatlon of funds
Total funds brought forvrard
Total funds carried forward
63.686
54.525
58,434
63.686
This page does not fom part of the statutory financial statements.
Page 16

Young at Heart
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
(contlnued)
Total
2025
Total
2024
Donations, legacles and grants
Appeals and donations restricted
Appeals and donations
Grants - other agenciès restrlcted
Grants - other agencies
750
17.356
2,320
1,000
11,769
4.680
21.426
25,433
Charitable actlvities
Fundraising
Income from charitabl8 activities
40.759
4,602
45,007
45,361
45,007
Other income
Other income comp8nsation
Other Income
Bank interest receivable
50
1,385
26
1,377
28
1,461
1,405
R￿SIng fvnds
Fundraising costs
Paypal charges
(5.981)
129
(2,609)
115
6,110
2.724
Charltablo actlvltles
Family support. donations and gifts restrictsd
Famity support, donations and gifts
(4,364)
30,160
(16,42n
18,309
34,736)
(34,524
This page does not form part of the statutory financial statements.
Page 17

Young at Heart
Detailed Statement of Financial Activlties for the Year Ended 31 March 2025
{continued)
Total
2025
Total
2024
otherexp￿dIIuTo
Insurance
Depreciation of fixtures and fittings
Staff training
Telephone and fax
Prlntlng, postsge and ststionéry
Tradè subscriptions
Sundry exp8ns8s - Christmas paty
Sundry expenses
Trustee 8xp8nses
Advertising
Accourrtancy fees
Rent
{895)
(974>
(216)
(607)
<821)
(394)
<2,769)
{725)
{6.211)
(159)
{3.518)
(1.489)
(1,500)
6.815
(495)
(2.432)
{810)
{11,133)
(196)
(3,340)
(897)
(1.560)
10.334
32,866
25.224
This page does not fo￿ part of the statutory financial ststements.
Page 18