CHILDREN'S HEARTBEAT
REPORT OF THK DIRECTORS AND
FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 MARCH 2023
REGISTERED NUMBER: N1609449
CHARITY COMMISSION for IYORTHERN IRELAND REGISTRATION NUMBER: 102410

CHILDREN'S HEARTBEAT
CONfENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Page
Cornpany Inforrnatlon
Report of the Director&
Report of the Independent Auditors
8 10 10
Statement of Financial Activities
Balanee Sheet
12
StAtem¢nl of Chftnges In Funds
13
Stfttemenl of Cash FIOWB
14
Notu to the FinAneiil StAtemetDts
15 10 23

CHILDREN'S HEARTBEAT
COLVAPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023
DIRECTORS:
Prof N Rooney (Chairperson)
J Boyd
H Bradbury (Treasurer)
Dr B Craig
G McKenna
D McDowell
P Murray
M Sidebottom
W Young
N Parfitt
CHIEF EXECUTIVE:
Alan Hanna
Joanne M¢Callister
(interim)
(appointed 1310612022)
REGISTERFD OFFICE:
Hf10 Howard Building
Twin Spires Centre
155 Northumberland Street
Belfast
BT13 2JF
REGISTERED NUMBER:
N1609449 (Northern Ireland)
CHARITY NUMBER:
102410
AUDITORS:
Baker Tilly Mooney Moore
Statutory Audiiofs
17 Clarendon Road
Clarendon Dock
Belfast
Co. Antrim
BTI 3BG
SOLICITORS:
Edwards & Co. Solicitors
28 Hill Street
Belfast
BTI 2LA
BANKERS:
Dan9ke Bank
Don¢gall Square West
Belfast
BTI 6JS
Page I

CHILDREN'S HEARTBEAT
REPORT OF THE DIRKCTORS
FOR THE YEAR ENDED 31 MARCH 2023
Report of the Trustees (Incorpovating the direetors, report)
for the y￿r ended 31st March 2023
The Irustecs ar¢ pleased to present their annual direotor$' rewyrt together with the financial statements of the charity for
the year ending 31 March 2023 which are also prepared to meet the requirement5 for a diTeGtors' report tlnd accouT)ts for
Companies Act purposes.
The fjnancial statements comply with th¢ Charities Act (NI) 2008, the CompE4nics AGt 2006, the Memorandum and
Articles of Agsociation, and Accounting and Reporting by ch￿lties.. Statement of Recommended Practice applicable lo
charities preparing their a¢¢ounls in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102) (eft"ective l January 2019).
REFERENCE AND ADMINISTRA T]VE DETAILS
The required referenc¢ and administrative details are laid out on page l - Company Information, The dittctors of the
charitsble company (the charity) are its Iruslees for the purposes of charity law, The Direthrs serving during the year and
since the year end arc also included on page l.
ORIEcfivEs AND ACTIVITIES
The purposes of the charity are for the public benefil of ¢hildren* young pcoplc, their families affectcd by hcart discase
in Northern Ireland. This IB achieved through the provision of emotional and practical support, the advaiicement and
promotion of awareness and the supporting medical resou￿¢S and research in this area.
In shaping our objectives for the year and plftnning our a¢iivitie$, the ttwstees have ¢on$idered the Charity Commis5ion'8
guidance on public benefit.
The strategies employed to achieve the charity's aims and objectives are:
Flnanellll support for Cl4rk Cllnic at the ROYAI Belfast Hospilal for Sick Children.. Clark Clinir is
Northern Ireland's only tE%ional unil for children thai need specialist treatment for lieart conditions. We are
proud to have the unAqu¢ opportunity Io Work so closely with the Clark Clini¢ team lo help fund top quality
m¢di¢al cquipincnt, pioneering reseRrcli initiftlives, sensory equipment ai)d play specialist support to enqure
that ¢hildren and young peopl¢ wilh heart disease in Northern Ireland receive th¢ best Care and t￿alMent
possible in an age-appropriale environment.
Provision of accommodation It the Royal Belfast HospltAI for Slck Chlldren: Children'5 Heartbeat Trust
maintains accommodation dI￿tlY above Clark Clinic for parents to stay in when their child is being treated.
This allows parents to stay at the hospital in comfortable Surroundings, at what is often a traumatic time, and
especially beneficial for those families Iravelling long distances to Belfast for their child's treatmenL
FAmlly Support Groups and Servlces: We run eleven family support groups throughout the province to
provid¢ local 8UPPOrt to fumilies whts￿ they need it. Our groups are parent led and meet on a regular basis so
families have the opportunity lo meet other families who are ¢xp¢ri¢n¢ing similar issues and problems in a
local. friendly environment.
We also deliver a range of support servioes from bereavement 5UPPOrt, family heart books, counselling, baby
massage, and paediatric first aid training to peer support 8nd family days. These services also include
tailored and financial support for families travelling away for their Child's surgery.
A5 a Charity w¢ are also delighted to provide respite caravans for our heart families. Quality family time ¢8
be limited if a lot of time is spent in hospital for treatment of a child's heart d¢fe¢t. We s¢¢ how important it
is to have time together as a family for parents. heart children And siblings. And the caravans are a key resource
in helping families affected by CHD have a holiday and quality tirn¢ tog￿h¢r.
Page 2

CHILDREN'S HEARTBEAT
REPORT OF THE DIRE￿ORs
FOR THE YEAR ENDED 31 MARCH 2023
OBJEcfivKS AND ACTIVITIES (CONTINUED)
Youth Servlees: The charity nms two programmes for young people. Beatz for 12 - 16 year olds and Tribe
for 17- 21 year olds. These programmes Consist of regular events and workshops and an annual residential
weekend giving heart teenagers and young adults the opportunity to build friendships and share experiences.
Research into heart dlsease In ehlldren: We aim to fund and support re$ear¢h into the causes and treatment
ofheart dis¢as¥ in childrell, Thi5 research will improv¢ health and lifestyle outcomes for children and young
people living with heart disease.
CfimpAlgnlng: The ¢harity campaigns on policy issues that will improve outcomes and lifestyle for children
and young people with heart disease. As a member of the All Island CHD Nctwork Board and co-chair of
the Family Engagement Group* the charity ensures parents and families are at the ¢entre of all decisions
regarding service provision.
ACHJEVEMENTS AND PERFORMANCE
Nl's Flrst Children's Ambulanee
In January 2023 we launched NI'S first dedicated children's ambulunGc, in partnership with NtSTAR & NtAS. The
ambulance was designed bespoke for children making longer journeys. to ensure them greater comfort, less stress, a choice
in how to travel and to reduc¢ anxiety. We a¢hi¢v¢d this by removing the clinical look of the internal features and giving
it a relaxing 8pace theme; installing sensory equipment. wheelchair tracks. taking the monitor5 away from eye lines. and
integrating a TV, tablet holder and Play$tation with g￿neS and DVDS for the journey.
Children's Heartbeat Thist donated £IOO,000 tow&rds the build of the ambulance and also covered the insuran¢e cost and
associated PIL
Priority service will be given to those children and young people who need to travel for wdiac surgery or treatment, when
not in u8e for this it will be available for any chlld needing specialist transfer.
ABOVE: Interior of Nl's first Children's Ambulance.
LEFT: Joanne Mecallister, CEO; Roberta & Reuben,
Heart Familyi and Prof. Nichola Rooneyi CHT
Chairperson, at the launch of the children's ambu18nce.
Page 3

CHILDREN?S HEARTBEAT
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2023
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Family Support
145 families received V4 financial grant to support them when Iheir child travelled outside Nl for treath]enL
surgery had an extended stay In Clark Clinio, or they suffered 4 ￿lS1$ situalion, £74,649 was granted in
total.
190 families received emotional support on the hogpitai ward.
100 families attended support group events across Nl.
180 families attending peer support Isocial events acros5 Nl.
27 families r¢¢¢ived bereavement support.
88 r￿n111c5 availed of a short break in Newcastle or C,a8tleroek,
123 couns¢lling sessions were attended by 32 families or young
people.
55 Jake's Ladybird Bags {emergency hospital bag full of
essentials) were provided in the last year.
110 parents Stayed in our parental a¢¢ommodation at
the hospital.
HeArt Wa￿lor, Sadie, and
her sisters enjoy a
caravan short break.
Youth Support
10 young people SUp￿rted throu8h pe¢r support events.
16 young people availed of Transition Support from paediatricg to adult services.
I I Student Bursaries granted to youn8 people with CHD moving on to further or higher education. £5,000
grant¢d in totil.
Research
CHIP
Data eollection complet¢d, scored and $¢nt to Dr Chri8 McCu$ker, University College Cork, for analysis.
AIN
Pregented future research priorities at the AIN Research Symp05ium at Queen's University Belfast.
Supporting four QUBIUU PhD projects. Support includes assistance with planning, recNitment and
funding applications.
Advocxey
Member of CHD All Island Network Board- representing voice of families to the AIN Board.
Co-chair of Family Engagement Group - highlighting key issues for furthering family and patient support
and engagemenL
Promoting the importance of Organ Donation through social media and a member of th¢ PHA Organ
Donation Sub Group. both supporting The Organ and Tissue Donation (Deemed Consent) Bill.
Co-chair of Northern Ireland Children's Health Coalition to advocate foT familie5 accessittg paediatric acute
services in Northern treland.
C8rdlac Servlceg
Continued support for paediatric cardiac services in Nt through the purchase of medical equipment, sensory equipment
and play resources.
5 high back chairs purCh￿d for Clark Clinic to make families more comfortable.
£11,530 of equipment for the clinical tearn to help reduce wait time5 for our young people:
5 ambulatory cardiac monitors.
15 Coaguchek machines, purchased for the Home Monitoring Programme.
20 Sats monitors puwhas¢d for h￿l families,
Pledge to financially support the redevelopment of the RBHSC courtyard gardens from an HSBC granL
Page 4

CHILDREN'S HEARTBEAT
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2023
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Intome GenerAtion
Key CHT Events
Mile A Day in May raised £31,580.10.
Ro¢k Red raised £22,873.14.
More Than A Gift Christmas Appeal generated over £22,000, with an additional £25,000 donation from Almac.
Key Communlty Event8
Benone Caravan Park raised £12,160.31.
Limavady's Cycling Farmers raised £9.893.31.
Corporate
Savills held a Bingo Loco night raising £20,014,97,
Trust applications
BGF Foundation granted us £5,000 to support the Chri8tmas Appeal
Hardship Fund.
Liberty IT awarded us £4.400 to support our Take Ten App.
Danske Bank 8ranled us £4,467,14 to purchase two Ambulatory Cardiac
Monitors.
Savills pr¢s¢nl C.HT with £20,014
raised from their Loco Bingo Night.
Covernance
CRM system set up complele.
StratC8ic review completed, 2023-2027 strategy developed,
FINANCIAL REVIEW
The charity's income for the 12 month period ending 3 llt MaKh 2023 was £439,679 decreaging from th¢ pr¢vious
financial year (£586,554 in 2022, but increasing from £412,477 in 2021).
Total resources expended of £609,707 increased when compared to the previous financial year, mainly due to the purchase
of the arnbulan¢¢, with net expenditure for the period amounting to £170,02¥.
Total net as&ets amounted 10 £779.677 as at 31 It March 2023 (2022: £949,705).
The majority of fimding comes frorn voluntary donations.
Reserves pollcy and %olng eoneern
Children's Heartbeat Trusts, policy is to provide the charity with adequate financial stability and the means for it to meet
its charitable objeetives for the foreseeable futhre. The charity aim5 to maintain reserves at levels equivalent to six months
operationa] expenditure having rLgtLrds to itg manner of operation of likely funding streams. Current levels of reserves
are higher than this and until the reserves are utilised, funds will be invested in a number of short to medium term deposits
to oblain a return in the current economic climate. On making these investments, the ability to withdraw funds if required
hv45 been considered.
PLANS FOR FirruRE PERIODS
With our new agreed 2023-2027 strategy, Children's Heartbeat Trust has exciting new plans and vision for our support
services. research and income generation.
In the next twelve months, we plan to.,
Page 5

CHILDREN'S HEARTBEAT
REPORT OF THE DIREcfoRS
FOR THE YEAR ENDED 31 MARCH 2023
PLAIYS FOR FUTURE PE]UODS (CONTINUED)
Family & Youth Services:
Build the capacity of our Family & Youth Team by recruiting a thll time Youth & Family Engagemen¢ Officer
Deliver a Mental Health & Wellbeing programme to our young people
Co-design a new youih programme to increase our engagem¢nt with teenagers
Develop a Youth Counsel
Develop an evaluation framework for e￿1] service to build data and knowledge in order to make evidence based
decislons regarding programme development and funders.
Research and planning for a siblings support programme
Continued exploration of a 'Home from Home, Ifamily support hub
Develop new bereaveni¢nt support services
Develop a Heart Podcast series
Research & Pollcy:
Recruit a Research and Policy Officer
Disseminate CHIP findings
Develop CHT research priorities
Develop a Publi¢ Policy Campaign
Play an active role in supporting Ihe A Trl research programme
Build on our acad¢mic partnerships with activc support of r¢l¢vant UU and QUB research projects
P*ediatrie CArdi*¢ Servieeg SUPPOrt:
Conlinue to provide support on the ward ¢0 faniilie8
Develop a family fricndly space on Clark Clinic
Completion of the redevelopment of the Children's Hospital Gardens
Purchase equipment to support our heart children
Adyoeaey ind Awarenesg:
Seek funding for and recruit a Communicalions Manager
Develop a Communications slralegy for the organisatioii
Develop new projects for th¢ All Island Network Family Engagement Group
Work with the Nl Children's Health Coalition to launch the 'Elidden Costs ofHaving a Child in Ho$pilal' research,
wilh a rall for financial support for farnilies.
Develop a catalogue of digital resources for heart families
Seek and secure fundinB to begin website redevelopment and integration with CRM
Income Generatlon:
Review income generation and develop an income generation strategy
Provide ￿bust training I mentor opportunities to curr¢nt staff
Generate new ￿)d diverse income streams
Develop digital ￿ndraising opportunities
Continued development of robust governance processes:
Develop an investment policy
Hold Board reviews
Ensure compliance with Charity Commission Nl requirements
Maintain registration with Fundraising Regulator following the Regulator's Code of Practice
Provide training for volunteers and Board Members
Page 6

CHILDREN'S HEARTBEAT
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2023
STRUCTURE, GOVERNANCE AND MANACEMENT {CONT]NUED)
Governlng Document
Children's Heartbeat is a company limited by guarantee gov¢rned by its Memorandum and Articles of Association dated
12 October 2013. Children's Heartbeat is a registered charity with the Charity Commission for Northern Ireland,
Children's Heartbeat is a membership organisation wilh currently 10 members. each of whom agrees to contribute £1 in
the event of the charity winding up.
Appolntrnent of trustees
'Ihe Chairman and the Trustees recruit and select new Trustees a5 needed. New Trustees are reeruited ¢n the r¢l¢vance
of their professional ski115, and their potential to be able to make a helpthl conlribulion to the governance of the charity,
As part of the recruitment process they ari Tnade awarc of a Trustees, l¢gol obligations under charity and company law.
the content of the Memoi?i)dum and Articles of Association, the commiltee and du¥isiun making pro¢es$es, the business
plaT] and recent financial perfonnance of the chariiy.
Once the potential new Trustee has agreed to be eonsid¢red for appointment to the Tole, the Trustees meet to review and
lo vote on tlie candidates, suitability for appointment. If there is unanimous agreement, their names are then proposed for
appointment, to the voting Members of the Company.
STATEMENT OF DIRECTORS, RESPONSIBILITIES1
The directors are responsible for preparing the Report of the Directors and the financial statements in ac¢ordan¢e with
applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Acceptable Accounting
Pracli¢e).
Company law requires the directors to prepare financial statements for each financial yew. Under company law the
directors musl noi approve the financial statements unl¢ss they arc s&tisfied that ihey give atrue at)d fair view of the state
of aff&irs of the charity and of th¢ incomiiig I'esources aiid application of rcsources, include the income and expenditure,
of the charitable company for that period. In preparing these financial statements, the directors are required lo..
select siiitable accounting policies and then apply them consistcntly.
make judgement5 and accounting estimates that are reasonable and prudenl.
state whelher appliLablc UK Accountiiig standards have been followed. and
prepare the financial statements on th¢ going concern basis unless it is inappropriate to presume that the charity will
continue in business.
The directors al'e responsible for keeping adequate Accounting re¢oNI8 iliat are sufficient io show and explain the
company's transactions and dis¢lose with reasonable accura¢y at any time the financial position of th¢ Charity and eiiable
them lo ensu￿ that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assels of the Gharity alld hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDrfoRS
So far as the directots are aware, thei'e is no relevanl audit information of which the company's auditors are unaware,
and ¢ach director has taken all th¢ slep8 thut thcy ought to have taken as a director in order to make themselves aware of
any relevant audit inforniation and to establish that the auditors are aware of that information.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating
to small companies.
ON BEHALF OF THE BOARD:
Prof N Rooney - Chairperso
Date: .
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
CHILDREN•S HEARTBEAT
Opinion
We have audited the financial statements of Children's Heartbeat (the 'charitable company? for the ye8r ended
31 March 2023 which comprise the Statement of Financial Activities, Balance Sheet, ststement of Changes in Funds,
Statement of Cash Flows and Notes to the FinanGi&l Statements, including a summary of significant accounting policies.
The financial reporting framework that has been Applied in their preparation is applicable law and United Kingdom
Accounting Standard5, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland, {UnAted Kingdom Generally Accepted A¢countins Practice).
In our opinion the fjnancial ststsm¢nls:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of its
defi¢ii for ihe year then ended.
have been properly prepared in accordance with United Kingdom Generally Afxepted A¢¢ouftting
Pra￿l¢c. and
have been prepared in accordance wilh ihe requiyements of the Companies Act 2006.
Bisis for opinio
We conducted our audit in ac¢ordance with International Slandards on Auditing (UK) {ISAs (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors, r¢sponsibililies for the audit of tlie
financial statements section of our report. We are independent of the ¢haritable company in accordance with the ethical
reqiiirements that are relevant to our audit of the financial statements iii th¢ UK, including the FRC.'s F.thi￿1 Standard,
and wc have fulfillcd our other cthical rcspon$ibilitiC5 in acGorduT]ce with ¢h¢se requirements. We believe that the audit
¢vidence we have obtained 15 sufficient and appropriate to provide a basis for our opinion.
Coneluslons rel8tlng to golng concern
In audiling the financial $tstements, we have eJ)ncluded that the dI￿lOr8. use of the going concern basis of accounling
in the prcpaTalion of the financial statement5 is appropriate,
Based on the work we have perforrned, we have not identified any material uncertainties relatin8 to events or conditions
that. individually or ¢olleclively. may cast Si8nificanl doubt on the charitsble company's ability to continue as a going
con¢em for a period of al least twelve months fiDni wlien the fJnan¢ial slat¢menls are auihorised for issue.
Our rcsponyibilitics and the responsibilities of th¢ directors with respect to going ¢on¢ern are deseribed in the relevant
5ection5 of this report.
Other InfomAtlon
The other infonnation comprises the information included in the Report of the Dir¢¢lors bui does not include the financial
Statcments and our Report of the Auditoi's thLYeon. The directors are responsible for the other infoTrnation. Our opinion
on th¢ financial statements does not cover ihe other inforrnation and, except to the extent otherwise explicitly staled in
our report, we do not express any forn) of assurance conclusion thereon. Our responsibility is to read tl)e other inforniation
and, in doing so, consider whether the other infomation is materially inconsistent wlth the financial statem¢nts or our
knowledge O￿ained in the course of the audit, or otherwise appears to be materially mi55tated. If we identify such material
inconsistencies or apparent material rnisstatements, we ￿'C required to determine whether this gives rise to a matcrial
rnisslalement in the financial slalements Ihemselves. If, based on the work we have perfonned, we conclude that ihere is
a material misstatement of this otber information, we are required to report that fact.
We h&ve nothing to report in this regard.
Oplnlon on other matters preseribed by the Companies Aet 2006
In our opinion, based on the work undertaken in the course of the audit..
the information giv¢n in the Report of the Dire￿0￿ for the financial year for which the financial statements
are prepared is consistent with the financial ststements. and
the Report of the Directors has been prepared in accordance with applicable legal requirements.
Page 8

REPORT OF THE INDEPENDEIYT AUDITORS TO THE MEMBERS OF
CHILDREN)S HEARTBEAT
Matters on whleh we Are r¢qulred to report by cx¢eptio
In the light of the knowledge and understanding of ihe charitable ¢ompany and ils environment obtained in the course of
the audit, we hav¢ not id¢nlifi¢d mal¢rial misstatements in the Report of the Direclors.
We have nothing to report in respect of the following matter5 in relation to which the Companies A¢t 2006 requires us
to report to you if, in our opinion.,
adequate accounting records have not been kept, or returns ad¢quat¢ for our audit have not been received
from branches not visited by us. or
the fjnancial statements are not in agreement with th¢ accounting record5 and returns; or
ccrtain dTsclosures of diTectors' remunerdtion specified by law are not mAde' or
we have not received all the information and explanations we requiT¢ for our audit. or
the directors were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small ¢ompaiii¢s' exemptioiis in preparing the Report of the Dir¢¢tors
and from the requirement to prepare a strat¢gi¢ i'eport,
Respons5bllltles of dlrector
As explained more fully in the Staternent of Directors, Responsibililies set out on page 5iX, the directors are responsible
for the preparation of the financial $tat¢m¢nts and for being satisfied tl)al 11)ey give a true and fair view, And for such
internal control as the directors determine is necessary io enable the preparation of financial statements thAt are free from
niat¢rial misstat¢m¢nt, wheih¢r du¢ to fraud or error.
In preparing the finttncial statements, the directors are responsibl¢ for d¥si'¥sing thc Gharituble company's ability to
conlinue as a going concern, disclosin& as applicable. niatters related to going concern and using the going concern basis
of accounting unle8S the directors either intend to liquidate ihe ¢harilable coinpany or to cease operations, or liave no
realistic alternative but to do so.
Auditors, responsibilities for the audit of the flnanclal Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are fre¢ from material
misstatement, whether due to fraud or etror, and io issue a Report of the Auditors that ii)¢liides our opinion. Reasonable
assurance is a high level of assiirance, but is not a guarantee ihat an audit ¢onduGted in NGcordance with ISAS (UK) will
always deleet a malLrial misytalLmcnl wlicn it Lxists. Misstatementq can arise from fraud or error and are Considered
material if, individually or in th¢ aggregate, they could reason&bly be expected to influ¢n¢e the economic deci$ion$ of
users taken on the basis of these financial statements.
Irregularities, including fraud are instances of nonrfompliance with laws and regulations. We design pi'o¢edures in line
with our responsibilities, outlined above. to detect material misslatement5 in respect of irre8ularitie5, including fraud.
Tlie exleiit to which our procedures ai'¢ capable of detecting irregularities, including fraud is detailed below..
Our approach to identifying and assessing the risks of material misstaternent in respect of i￿egUlArlties, including fraud
and non-compliance with laws Mnd regulations, was as follows,.
•the engagemcnt partner cnsured thal the engagement team collectively had the appropriate competence, capabilities and
skill$ to identify or recognise non-eomplianrK with applicable laws and regulations,
•we identified the laws and regulations applicable to the chai'itable company through discussions with directors and other
management, and frorn our commer¢ial knowledge and experience of the charity sector,
•we focused on specific laws and regulations which we considered may have a direct material effect on th¢ financial
statements or the operations of the company, such as the Companies Act 2006;
•w¢ assessed th¢ extent of compliance with the laws and regulations identified above through making enquiries of
management,. and
•identified laws and regulations were communi¢at¢d within the audit team regularly and the team remained alert to
instances of non-compliance throughout the audit.
Page 9

REPORT OF THF INDF.PFNDENT AUDITORS TO THE MEMBERS OF
CHILDREN'S HEARTBEAT
We assessed the susceptibility of the charitable company's financial statements to material misstatement, including
obtaining an understanding of how fraud might occur, by.,
•making enquiries of management a5 to where they consid¢red th¢r¢ was suscepiibility to fraud, Iheir knowledge of
actual, suspected and alleged fraud;
onsidering the internal ¢ontrols in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud thtDu£h management bias and override of controls, we:
'perforn)ed analytical pro¢edur¢s to identify any unusual or unexpected relationships;
•tested journal entries to identify unusual transactions,
In response to the risk of I￿¢gularItieS and non-compliance with laws and regulations, we designed procedures which
included, but were not limited to:
•agreeing financia] statement dis¢losurc5 to underlyin8 Sup￿rting documentation:
'Teading the minutes of meetings of those charged with governanc¢:
•enquiring of management as lo aclual and potential litigation and claims.
Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularities, including those
leading io a material mis5tstement in the financial statements or non-complian¢e wilh regulation. The risk increases the
more that compliance with a luw or regulation is removed from the event5 and transactions reflecled in ihe financial
statements, as we will be less lik¢ly lo be¢om¢ aware of instances of non-¢ompliance. The risk is also greater re8ardiiig
iIre8ularities occurring due lo fraud rather than error, a8 fraud involves inlentional concealment, forgèry, collusion,
omission or misrepresentstion.
A further description of our responsibilities is available on the FRC'S website at www.frc.org,uk/auditorsre8ponsibilities.
This d¢5¢ription fonns part of our Report of the Auditors.
Use of our report
This report 1$ made solely to the charitabl¢ company's rnembers, As a body. in acco￿all¢¢ with Chapter 3 of Part 16 of
Ihe Companies Act 2006. Ouraudit work has been undertaken so that we might stste to the charit&ble company's members
those matters we are required to state to ¢h¢m in a Report of the Auditors and for no other purpose. To the fullest extent
pennitted by law, we do not accept or assume responsibility to anyone other than the chorilable company and the
charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Joann¢ Small {Senior Statutory Auditor)
For and on behalf of Baker Tilly Mooney Moor¢
Chartered C¢rtified Accountants
Statutory Auditors
17 Clarendon Road
Clarendon Dock
Belfast
BTI 3BG
Page 10

CHILDREN'S HEARTBEAT
STATEMENT OF FINANCIAL ACTIVITIES
(In¢orporating the Incotne Expenditure Account)
FOR THE YEAR ENDED 31 MARCH 2023
Unrestricted
Funds
Restricted Total Funds
Fundg
2023
Total Funds
2022
Ineome fron]: (note 3)
Donations and legacies
Charitable activitie5
Other trading activities
Investments
Other
414,196
2,740
2,595
1,656
18A92
432,688
2,740
2￿95
1,656
580,469
3,991
946
536
612
Tot41 Inconje
421187
439 679
586 554
Expenditure on: (note 4)
Raising funds
Charitable &Gtivities
Otlier
60,678
418,713
109 687
60,678
439J42
109 687
44,985
375,810
20,629
Total expendlture
589,078
609 707
Net (expenditureyincome for the year
(167.891)
(2,137)
(170,028)
139,259
Trnn$f¢r8 between funds
Net movement In thnds
167 89]
170 028
Bilanw brought forward It l April
929,190
20,515
949,705
810,446
Balinces cArried forwArd ot 31 Mareh
18
761299 ￿78
779 677
949 705
The income Hnd expenditure summary as required to be disclosed by the Companies Act 2006 is included at note 16.
Pagell

CHILDREN'S HEARTBEAT
(REGISTERED NUMBER: N1609449)
BALANCE SHEET
31 MARCH 2023
31.03.23
31.03.22
Notes
FIXED ASSETS
Intangible assets
Tangible assets
9,061
12,709
io
15,107
22,573
CURRENT ASSETS
Debtors
Cash at bank and in hand
13,709
16,571
962 901
979.472
814,094
CREDITORS
Amounts falling du¢ within on¢ year
12
ET CURRENT ASSETS
927 132
TOTAL ASSETS LESS CURRENr
LIABILITIES
779 677
949 705
FUNDS
Restricted fuiids
Unrestricted ￿nd8- General filnds
Unrestricted funds- Designated funds
13
13
13
18,378
191,299
570,000
20,515
200,190
729,000
779 677
949 705
The finanLial statcmciits. have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006
relating to small companies.
The financial statements were authorised for issue by the Board of Directors on
signed on its behalf by:
. and were
Prof N Rooney - Chairperson
H Bradbury - Treasurer
The notes form part of these financial statements
Page 12

CHILDREIY'S HEARTBEAT
STATEMENT OF CHANGES IN FUNDS
FOR THE YEAR ENDED 31 MARCH 2023
Unrestrlcted
funds
Rutri¢ted
funds
Total
funds
Balance at l Aprll 2021
799.446
11.000
810.446
Changes In fund8
Surplus for year
Transfer between funds
130,091
347
9.168
347
139.259
Balance at 31 March 2022
929 190
949 705
Chllnges In funds
Deficit for year
Transfer between funds
(167.891)
(2.137)
(170.028)
Balanee it 31 March 2023
761299
18
The notes form part of these financial slat&nents
Page 13

CHILDREN?S HEARTBEAT
STATEMENT OF CASH FU)WS
FOR THE YEAR ENDED 31 MARCH 2023
Notes
2023
2022
Cash flows from operating aetivhties
Net cash (used inypTovidcd by operating activities
CFI
(164,172)
197,952
Cash flows from Investing 4¢tivities:
Dividends, interest and rents from investhients
Pur¢has¢ of fixed assets
Net tAsh provided by (used in) investing Actlvities
1,656
536
1,656
536
Change in cash And cash equivalents in the reporting period
(162,516)
198,488
Cash and cash equivalents at the beginning of the reporting
period
962,901
764,413
Cash and ¢a5h equivalents at the end of the Teporting period
CF2
800,385
962,901
CFI. ReconciliAtion of net incomel(expendlture) to net
Cash floiv from operating activities
2023
2022
Net (¢xpendilur¢)lincome for Ihe reporting period (as per the
statement of financial activities)
Adjustments for:
Depreci&lion charges
Amortisation charges
Dividends, interest and rents from investments
Decrease in debtor5
(DecreaseFinGrease in creditors
Net cash {used invprovided by operating activities
(170,028)
139,259
3,818
3,648
(1,656)
2,862
(2,816)
(164,172)
3,818
3,648
(536)
15,348
36,415
197,952
CF2. Analy$ls of ea$h and cash equivalents
2023
2022
Cash in hand
Total cash and cash equivalents
800,385
800,385
962,901
962,901
Page 14

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMEIYTS
FOR THE YEAR ENDED 31 MARCH 2023
NATURE OF TRUST
Children's Heartbeat is a privat¢ ¢ompany limited by guarantee with charitable status in¢orporat¢d in Northern
Ireland. The charilabl¢ company's registered number and registered office address can be found on the Company
Infonnation pa8e. Every member of the charitable compally undertakes to contribule such amount as may be
required not exceeding £1 to the assets of the charitable company in the event of it5 being wound up while he or
she is a member or within one year after he or she ceases to be a member.
ACCOUNTING POLICIES
Basis of pi*pAring the finAnci&l statements
The charitsble company conslilules a public b¢n¢fit entity os defined by FRS102. The financial statements hav¢
been prepared on the going concern basis under the historical c05t convention and in accordan￿ with Accounting
and Reporting by Charities.. Statement of Recominended Practice applicable to charities preparing their accoullts
in aGGordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)
(effe￿1ve l January 2019) and the Companies Act 2006,
The following is a summary of the significanl ￿countIng policies adopted by the charitable Company in the
preparation of ih¢ financial 5tat¢rnentS,
Incomc
All income has been included in the Statement of Financial Activities and has been recognised when there is
entitlement to the income, certainty of r￿CIpl and il can be measured reliably.
Income from govei'nmenl and olhei. grants. wlietlier Capitsl grants or revenue grants in recognised when the
harity has entitlernent lo the fiinds, any performance conditions allocated to the grants have been met, it is
probable ihe income will be received and the amount can be measured reliably and is not deferred.
Expenditure
All expenditure is Accounted for on an aocru81s basis and has been classified under headings that aggregate all
costs related to the category,
Expenditure on raising funds al'e those Costs incurred in attracting voluntary income, and those incurred in trading
activities that raise funds.
Expenditure on charitable activities ¢omprises the costs of delivering Services the community, together with
support wsts incurred ¢entrY¢lly and governance costs associated with the governance arrangements of the charity
which aye primarily associated with constitiitional and statutory requir¢ments.
All costs are alloc&ted between the expenditure categories of the SOFA on & basis designed to reflect the use of
the resOu￿e,
Intangible Assets
Intangible assets are initially measured al wsl, After initial recognition, intangible assets are measured at cost
les5 accumulated amortisation and any accumulated impairment losses. C05t includes expenditur¢ that 15 directly
attributable to preparing the asset for its intended use.
Software 15 amortlsed on a straighi-line basis over a useful life of 5 years.
Tangible fjxed Assets
Tangible assets stated at cost less accumulated depreciation and any a¢¢umulated impaimient losses. Cost
includes expenditure that is directly attributable to the acquisition of the assets.
Depreciation is provided al th¢ following annll￿ rates in order to write off each asset over its estimated useful life.
Caravans
12.5Yo on cost
Page 15
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES - contlnued
Fund accounting
The charitable company has various types of funds for which it is responsible and which require separate
disclosure. These are as follows:
(i) Reslricled fvnds
Grants or donations reGeived which are designated by the donor for spe¢ifJc purposes. Such purposes are within
th¢ overall aim of the charity.
(li) Unrestricted funds- General funds
Funds which are expendable al the discretion of the charity in the ￿rtherallce of the objectives of the charity.
(iii) Unrestricted Funds Designated funds
Funds which have been set aside by the charity to act as a contingency to ensure the continuity of service.
Designated funds wntinue to count as part of the unrestricted funds of the charity.
Pen8lon costs
The charitable company operates a defined contribution scheme. Contribulions payable lo the charitable
company's pension scheme are charged lo the statement of financial activities in the period to which they relate.
Holiday pay Accrual
A liability is re¢ognised to the extent of any unused holiday pay entitlement whi¢h has a¢¢ru¢d 4t the balance
sheet date and is available lo carry forward lo futurc pcriods. This is measured at the undiscounted salary cost of
the future holiday ¢ntitJemen¢ so accrued al the balance sheet date.
TRxalion
As a charity, the Trust is not liable to either In¢ome t￿ or Corporation tax.
Operating lease$
The cliaritgble Company cla55ifie5 the lease of premises os an operating leas¢. The title to the pr¢mises remain$
wilh the lessor. R¥nlal ¢118rges ar¢ charged to the statement of financial aGtivities on a straight line basis over the
tcrn] of the lease.
Debtors
Sundry debtor5 are re¢ognised at the settlement amount due afier any trade dlscount offered. Prepayments are
valued at the amount prepaid of the transaction price.
Credilors
Creditors provisions are recoBnised where the charity has a present obligation resulting from a past event that
will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably.
FinaneiAI Instruments
The charitable company only has financial assets and financial liabilities of a kind thai qualify as basi¢ financial
instruments. These are initially re¢ogniS￿ at trat]sa¢lion vulue and subsequently measured at their settlement
value.
Sfignifieant judgernent8 and estimates
In preparing these financial stalenients the direGtOTS have made the following judgements:
Detemiine whether there are indicator5 of impairnient of the company's tangible assets. Factors taken into
consideration in reaching such a decision include the economic viability and expected future financial
perfomiance of the asset and the business in general,
The dir¢ctors also consider the depreciation rates on all annual basis to ensure there is sufficiènt evidenc* to
support these and that th¢ estimatss remain reasonable.
Page 16
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 ]I￿RCH 2023
INCOME
UnrestrAtt¢d
Funds
Restricted TotAI Fund$
Funds
2023
Total Funds
2022
Donations and legaeies
Donations
Give As You Earn
Grants
408,867
2a29
408,867
2,329
529.929
3,024
414 196
432 688
580 469
ChAri*Able aetlvltiey
Caravan fcLs
Sales of merchandise
First aid course fees
2,7110
2,700
2.420
1,531
40
40
40
Olher trlldlng actlvltles
Events fees
946
Investment income
Bank interest
536
Other Income
HMRC Job Retention Scheme
612
In the prioryear, £529,389 of income from donations related to Unrestricted Funds and £540 related to Restricted
Funds.
In the prior year, £3,024 of income from give as you earn related to Unrestricted Funds.
In Ihc prior yLar, £47,516 of income from grants related to Restricted Funds,
EXPENDITURE
Unrestrieted Restricted Total Funds
Funds
Funds
2023
Total Funds
2022
Raising fund8
Generating donations fees
Event Costs
Costs of merchandis¢
Staff costs
4,184
6,785
1,472
4,184
6,785
1,472
5.811
3,888
2,890
44,985
Charitable gCtivitie8
Awareness and information
Information resources
Merchandise and promotional materials
R¢search
Family support
Clayk Clinic sUPPOrt
Office running costs
Support costs (Note 5)
1,224
5,496
4,558
21,341
250.912
16,481
28,046
1224
5,496
4,558
21041
258,993
28a48
28.046
91036
439 342
1,230
6,084
4,932
28,242
189.914
31,977
22,109
91,322
375 810
8,081
11,867
681
418 713
Other
RBHSC Courtyard projerl ¢ommitment
Children's Ambulance
26,500
109,687
109 687
109 687
109 687
Page 17
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2023
ANALYSIS OF SUPPORT COSTS
Unrestricted R¢strieted
Funds
Funds
Tot81 Funds
2023
Total Funds
2022
Support costs
Staff ¢osts
Governance costs (Note 6)
Professional fee$
IT and development
Insurance
Bank charges
48,788
5,467
20,538
13,141
1,953
768
48,788
5,467
21.188
13,141
J.953
799
56,434
11,815
8,949
11,827
1,788
509
650
31
681
91
ANALYSIS OF GOVERNANCE COSTS
Unrestricted Restricted Total Fund$
Funds
FundN
2023
Total Funds
2022
Governance costs
Auditor remuneration
Strategie development
Training
940
4,940
5.040
6,085
690
527
527
STAFF COSTS
31.03.23
31.03.22
Wages and salaries
Social security Costs
Other pension cost
199,987
13,114
153,625
9,519
217 573
166 568
The average number of employees during the year was 9 (2022: 7).
The directors received no remuneration in the course of their work during the year ond no employee received
emolument5 in ex¢¢ss of £60,000.
KEY MANAGEMENT PERSONNEL COMPENSATION
Compensation paid to key mallagement personnel in the year to 31 March 2023 was £53,325 (2022: £45,292).
This includes amounts paid to the Inlerim CEO who is not an employee of the Charity and therefore whose
rernuneration is not included at the stalycosts in note 7.
Page 18
Continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
TrIET INCOME
Net income is stated after charging:
31.03.23
31.03.22
Amortisalion on inlangible assets
Depreciation
riees payable to auditor for audit of a¢count5
OpcTating Icase expense
3,648
3,818
4,940
3,648
3,818
5.040
INTANGIBLE FIXED A&SETS
Software
COST
At l April 2022
18,240
At 3 l March 2023
DFPRECIATJON
At l April 2022
Charge for th¢ year
5,531
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 Marnh 2022
10.
TANGIBLE FIXED ASSETS
CarNv4ns
COST
At l April 2022
78,825
At 31 March 2023
DEPRECIATION
At l April 2022
Charge for the year
68,961
3,818
Ai 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
Page 19
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCJAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
DKBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.03.23
31.03.22
Prepayments and v4ccNed incorne
12. CREDITORS: AMOUNTS FALLIFIG DUE wrrHIN ONE YEAR
31.03.23
31.03.22
Accrua15
Taxation and social security
Other creditors
19,255
3,769
24,293
I,547
13. ANALYSIS OF CHARITABLE FUNDS
At31
Moreh
2023
At l Aprll
2022
Ineome
Expendlture
TrAngfer
Restrlcted Funds
Kilimanjaro Account
Adult Congenitsl FLind
Cash for Kids Clay kits
Baby Massage
Mental Health Project
Gardcn Project
Caledon Thist - Clw* Bear Care Packages
M&S Neighbourly - Coaguchek machine
Cost of Living Crisis Support
Ambulalory Monitors
Take Ten Apps
G￿undw￿rk Nl - Activity Packs
{1)
(30)
{1.032)
(1,074)
2,746
1,032
2,285
14,441
io
2,716
14,441
io
500
1,000
5,000
6,467
4.400
1,125
(500)
(1.000)
(5,000)
(6,467)
(4.400)
(1,125)
Tolal Restrlcted Funds
20.515
18.492
{20.629)
18078
Unrestrlcl¢d Funds
General Funds
Designated Funds
20Q,190
729,000
421,187
(589,078)
159,000
(159,000)
191,299
570,000
Totsl Unrestricted Funits
929,190
421,187
(589.078)
761,299
TotAI Funds
949.70.S
439,679
(609,707)
779,677
Page 20
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
14.
ANALYSIS OF CHARITABLE FUNDS- PRIOR YEAR
At31
March
2022
At l April
2021
Income
Expenditure
TrAnsfers
Restricted Funds
Kilimanjaro Account
Adult Congenital Fund
Cash for Kids clay kits
Family Fun Days "at home" and
First Aid Training
Baby Massage
Cliild In Hospital Project
M¢'ntf¢l Hcalth Project
Gardeii Project
2.219
2,638
541
{14)
{1,606)
2,746
1,032
6,142
(6,489)
347
2,285
4,280
14.441
26,510
2,285
(4,280)
14,441
Jo
(26,500)
Total Restrieted Funds
11,000
48,057
(38,889)
347
20,515
Unrestrlcted Funds
General Funds
Designated Trunds
181,946
617,500
538,497
(408,406)
(111,847)
111,500
200,190
729,000
TotAI Unrestricted Funds
799,446
538,497
(408,406)
(347)
929,190
Totsl Funds
810,446
586,554
(447,295)
949,70S
Restrleted funds:
Kilirnanjaro account repTe5¢nls residual fundraising from the monies raised toward the Kilimatuaro project.
The Adult Congenital Fund represents fundraising for adults with congenilal heart dis¢ase.
Fainily Fun Days "at home" and First Aid Traiiiing represents funds received from The Nationa] ￿ttery Community
Fund.
Baby massage Tepresents funds r¢¢eived fron) Sf. James's Place to enable Children's Heartbeat to support parents
whose children are born with con8¢nilal heart disease with an online baby massage Course and resource booklet.
Child In H05Pital Project represents funds received from The Community Foundation "All Island Fund" to enable
Children's Heartbeat to support paren1$ whose child is in hospital.
Menlal H¢alth Project represents funds re¢¢ived from The Community Foundation "Mental Health Fund" towArds an
intensive progratnme of mental health focus5ed workshops for young people with ¢ongenital heail disease,
Garden Projert represents funds received from HSBC "Supporting Our Community Programme" towards & courtyard
project ai The Royal Belfast Hospital for Si¢k Children,
Cost of Living Crisis Support repr¢sents funds received from BGF Foundation.
Ambulatory monitors reptEsents funds received from Danske Bank and The Hospital Saturday Fund towai'ds the
purchase of three cardiac ambulatory rnonitors.
Take Ten Apps represents funds received from Liberty IT iowai'ds the purchase of the applications.
Page21
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2023
ANALYSIS OF CHARITABLE FUNDS (Contlnued)
DeslgnAted funds:
Al the year end the designated element of unrestrided fvnds 18 for the following pur￿8¢S,.
Capital Projects
Operating costs
3.$0,000
220 000
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unre$tri¢t¢d
Funds
Restricted
Funds
TOÉBI Funds
2023
Fixed assets
Currenl a$$¢ts
Creditors less than one year
15,107
769,216
23 024)
15.107
814,094
44.878
At 31 March 2023
761299
779 677
16.
INCOME AND EXPEIYDITURE SUMiVIARY
2023
2022
Gross income
439 079
586 554
Resource5 expended
Costy of gcnLratiiig funds
Costs of activities for charitable activities
Other cxpenditure
60,678
439 J42
109 687
44,985
375,810
609 707
447 295
(Deficitysurplus for year
170 028)
139 259
The above reflects ihe Income and Expenditure account as required by the Companic5 Act 2006 as opposed to
that required under the Statement of Recommended Practice as detailed on page l 1.
Tolal income ctsmprises £421,187 for unrestricted funds and £18,492 for restricted funds. A detailed analysis of
income is provided in the Siat¢ment of Financial Activities and note 3.
Detailed anlllyses of the expendilure are provided in the Statement of Financial Activities and note 4.
The Income and Expenditure Summary is derived from the Statement of Financial Activities on page I I which
tog¢th¢r with the noles to the aG￿unts on pages 15 23 provid¢s full infoTtnation on the mov¢m¢nts during the
year on all fund5 of the charity.
P&ge 22
continued...

CHILDREN'S HEARTBEAT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
17,
TAXATION
The Charity is recognised as such by HM Revenue and Customs and is entitled to certatn tax ¢xemptions on income
alld profit5 from investments, and surpluses on any trading activities earried on in furtherance of the Charity's
primary objectives, if these profit5 or surpluses are applied solely for charitable puryoses.
18.
PENSION SCHEME - Defined contrlbutlon scheme
The company operates a defined contribution pension scheme. The pension cost represents contributions payable by
the comp8ny to the tsnd (excluding member salary sacrifice contributions) and amounted to £4,472 (2022.. £3,424),
19,
TRANSACTIONS WITH DIRECTORS AND RELA TED PARTIES
The Charity was under contft)l of the Board of Directors throughout the current and pr¢vious period. No director
emoluments were paid during the year (2022- Nil}. There w¢r¢ no mat¢i'ial transactions during the year iii which
any director or related party had an tntere51 requiring disclosure.
Page 23