Charity number 103683 Crai avon C2rdi2e Care Association Financial Statements For the vear ended JI December 2018
Charity number 103683 CTal avon Cardiac Care Association Financial Statements For the ear ended 31 December 2018 Chari Information Chairp¢rson Philomena Hagan Secretary Rodney Wiggins Treasurer Noeleen Hampton Charity Registration No. 103683 Accountants Auditors Flynn & Company Accountants Limited Ch&rtered Accountants 28 Carleton Street Portadow Co Arinagh BT62 3EP Bankers Danskc Bank 45148 High Street Portadown Co. Armagh BT62 ILB
Charity number 103683 Crai avon Cardiac Care Association Financial Statements For the ear ended 31 Decetnber 2018 Contents Page Trustees, Annual Report Auditor'5 Report 8-10 Profit & Loss Account li Balance Sheet 12 Notes to the financial statements 14-16 Detailed Profit & Loss Account 17
Charity number 103683 Crai avon Cardiae Care Association Trustees Annual Re ort For the ear ended 31 De¢ember 2018 The trustees are pleased to present their annual trustees. report together with the financial statsments of Craigavon Cardiac Care Association for the year ending 31 December 2018. Trustees The Trustees and officers serving during the year and since the year end w¢re as follows: Philomena Hagan (Chairperson) Rodney Wiggin5 (Honorary Secretary) Rhoda Larmour Winifred Gillespie Noleen Hamplo (Treasurer) There are also up to 12 volunteers who help out with the Charity's work. There were no ¢hang¢s of trustees during the period. All trustees giv¢ their time freely and no remuneration or expenses were paid to thetn in the year. Advisors AOUntanAudltors Flynn & Company. 28 Carl¢ton St, Portadown, Co. Arniagh, B T62 3EP Bankers Danske Bank, 45-48 High Street, Portadown, Co. Amlagh, BT62 1 LB Financial Advisers Brian Vallely & Co. 49 Carleton Str¢¢t, Portadown. Co.Arniagh, BT62 3EP Objectives and Activities The Charity's objectives as set out in the governing documents are: _ a) Th¢ Association is established for charitable purposes only. b) The objective of the Association is to as51St with Cardiac R¢search and treatment of pati¢nls in Craigavon Area Hospital. In particular (but without in any way limiting the generality of the foregoing) the Association may assist such work in any of the following ways'.- (i) To promote a research fellowship and the publication and distribution of the results Ih¢reof to interested persons or bodies By the provision of equipment to'.- assist the tnedical staff in the treatment of patients. to assist in the rehabilitatioii of palients To assist tnedical staff to attend conferences By paying subscriplions and making donations to other hospitals, home or installations having amongst their obje¢ts any of the object5 in (i). (li) or (iii) above. (li) (iv) The focus of our work The members of the ¢harity work hard to raise funds through various methods to provide essential, and possibly lifesaving equipment for the Cardiac Ward in Craigavon Area Hospital. Over the last 40 years. funds have been used lo purchase defibrillators for use in the wider community (most recently for lo¢al groups, churches and organisations), trackers and cardiocalls, special chairs for the Cardiac Ward and cardiology courses for nurses. Another area of work is the funding and support of a Heart to Heart club. This club runs Cardiac Rehab classes to help wdiac patients resume a nornial life after surgery and to encourage and give advice on adopting & healthy lifestyle.
Charity number 103683 Crai avon Cardiac Care AssociatiOD Trustees Annual Re ort For the ear ended 31 December 2018 .eontinued Who used and benefited from our yervices The charity pays th¢ salary for the secretary to the Cardiac Res¢ar¢h Consultsnt iii Craigavon Area Hospital Members of the public have greatly benefited with defibrillators being provided to numerous youth clubs, sports clubs and churches Cardiac patients in the hospital ward and in the community use equipment funded by the Charity Cardiac nurse5 attend specialist courses paid for by the ¢harity to enhance and sustain their training and knowledge Ex-cardiac patients benefit with rehab in the community through the Heart to Heart club Achievements and Performance The number of cases of heart attacks and cardiac arrest ar¢ in¢r¢asing each year, but thankfully so too is the number of defibrillators that are now widely available all over Northern Ireland. Locally the charity has supplied 21 defibrillators during the last 12 months costing a total of £18,000. For each clublgrouplchurch that received a defibrillator, a group of up lo 10 people were also provided with csscntial training on how to usc it correctly. This training was also supported by the charity. As there is no cost lor receiving the defibrillator, the charity asks for a one-off subscription in rern. This was gladly welcomed by all those involved and they were happy to donate so the charity can continue their work. Throughout the year the charity continued to fvnd tlie Heart to Heart club which is held once a fortnight in Portadown swimming pool, Cascades. The contribution mad¢ by the cliarity pays towards a physio and a Cardiac nurs¢ at the club who help cardiac patients rehabilitate through gentle exercise and regular check- ups. This is an important aspect of the charity's financial support as this club focuses on getting cardiac patients back to a normal routine after surgery and without it their road to recovery might be a great deal more difficult. As they have done for Ih¢ past number of years now, the charity continues to pay the salary of the secretary to the Cardiac Research Consultant in Craigavon Area Hospital. In supporting this salary, it ensures Ihe secretsry is able to remain in the job and ¢arry out an important role within the Cardiac d¢partment. The secretary is the first port of call for patients who require appointments or information or those who need to speak with the consultant. The secretary will also arrange training days and conferences for the ¢ortsultant and dir¢ct any queries relating to cardia¢ research to the Catheterisation Laboratory at the hospital. As part of its plans in 2018 for the year ahead, the charity su¢ce¢dcd in recruiting one younger person onto the committee who is a very active member and has high hopes of getting more young people involved alongside them.
Charity number 103683 Crai avon Cardiae Care Associatioll Trustees Annllal Re ort For the ear ended 31 December 2018 -continued During the year the charity raised money through fundraising and donations. All money that is received by the charity allows it to meet its objectives and to continue its good work. This year, money was received through various sour¢es su¢h as: The charity's annual raffle, which is always a hug¢ su¢¢¢ss. raising over £12,000 Continuing to place collection boxes in local shops and p¢trol stations Money in lieu of flow¢rs to funeral parlours or paid directly to the charity, as well as donations left in wills Special donations from groups or individuals that hold fundraising events and choos¢ to donate the funds to the charity Plans for the future Over the next 12 months and forth¢oming years, the charity would like to.. . Continue with the provision of defibrillators Continue with the financial support for the secretary to the CardiRc resear¢h consultant and the Heart to Heart club. Continue to provide a bursary for a cardio108lSt who is doing a re5carch doctorate. Aitn to do more 'one off fundr&ising activities outside of their annual raffle. The trust¢es are currently organising a concert with 'Flash Harry, a Freddie Mercury tribute act. He is sympath¢li¢ to the cause of the charity as he has r¢¢eived heart treatment during the past 12 months. Continue with supporting research and the provision of ¢quipment where necessary in Ix)th th¢ hospital ward and ihe community Purchase new quipment to th¢ value of £142,000 (this figure includes £30,000 raised by a patient). The equipment will include an Echo Machine. 2 Transoesophageal echocardiogram (TOE) probes and 4 handheld probes all to be used by Craigavon Area Hospital in the Cardiac Ward. Trustees, Responsibilities in relation ¢0 the Financial Statements The Charities Act (Northern Ireland) 2008 requires unin¢orporated Charities to ensure that accounting records are kept which are sufficient to show and explain all th¢ ¢harity'5 transactions, and which are such as to dis¢lose at anitime, with reasonable accurdcy. the financial position of the charity at that titne. The accountin8 r¢cords shall in particular contsin.. a) entries showing from day to day all sums of monies received and expended by the Charity. and the matters in respe¢t of which the receipt and expenditure takes pla¢¢. and, b) a record of th¢ assets and liabilities of the charity.
Charity number 103683 Crai avon Cardiae Care Association Trustees Annual Re ort For the earended 31 December 2018 .¢ontinued Auditors Flynn & Company Accountants Limited continue to act as audilors to the charity. Statement of complianee In Setting our objectives and plannin8 our a¢tiviti¢s for the year the trust¢es have given careful consideration to the Charity Commission for Northem Ireland's Guidance on Publi¢ Benefit to ensure that the activities have helped to achieve the charity's purpose and provide a benefit to th¢ b¢n¢ficiaries. Conclusion The charity has no doubt that the work they carry out is making a difference to local communitie5, ¢specially Cardiac patieiits and th¢ir families. The recruitment of more metnbers, especially from younger generations, is ess¢ntial so that the positive work of the charity can continue for many more years to come. The charity looks forward to another successful y¢ar ahead. Signed by order of the MembeTh of tbe Committee Date.. 24 Octokr 2019 Philomena Hagan Chairperson Date.. 24 Oclober 2019 Rodney Wiggins Secretary Date: 24 October 2019 Noeleen Hampton Treasurer
Charity number 103683 Crai avon Cardiac Care Association ort of the inde elldent auditor to the Members of Crai avon Cardiac Care Association We have audited the financial statements of Craigavon Cardiac Care Association for the year ended 31 December 2018 which comprise of the statetnent of financial activities. income and expenditure account. balance shect, accounting policies and nolcs. These financial 5tatsm¢nts have be¢n prepar¢d under the accounting policies set out thereiii. This report is made solely to the charity's members, a5 a body, in accordance with Section 495 of the Cotnpanies Act 2006. Our audit work lias been undertaken so that we might stale lo the charity members those matters we are required to state to them in an auditors. report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work. for this report, or for the opinions we have fomied. Respeetive respDD5ibilities of the directors ADd auditors Th¢ responsibilities of the directors for preparing the financial statements in a¢¢ordan¢e with applicable law and United Kingdom Ac¢ounting Standards (United Kingdom G¢n¢rally Accepted Accounting Practice) are set out in the Statement of Responsibilities of the Directors. Our responsibility is to audit the financial statements in accordarkce with the relevant legal and regulatory requirements and Internalional Standards on Auditing (UK and Ireland). We report to you our opinion as to whether the financial statements give a true and fair view and are properly prepared in accordance with the Companies Act 2006 and Charites Act (Nl) 2008, and whetlier the inforniation giv¢n in the dir¢¢tors' report is consistent with th¢ financial statements. In addition we also report lo you if, in our opinion, the charity has not kept proper accountin8 records, if we hav¢ not received all th¢ information and explanations we r¢quire for our audit, or if information specified by law regarding dir¢¢tors' remuneration and other transactions is not disclosed. We read other information contained in the members report and consider whether it is consistent with the audited financial statements. We consider ihe implications for our report if we become aware of any apparent tnisstatetnent5 or material inconsislencie5 Witli the financial statements. Our r¢spon5ibiliti¢s do not exiend to any other information. Basis of audit opinion We condu¢t¢d our audit in a¢cordan¢e with International Standards on Auditing (UK & Ireland) issued by the Auditing Pra¢ti¢¢s Board. An audit includes examination, on a t¢st basis of evidenc¢ relevant to the amoiints and disclosures in the financial statements. It also includes an assessment of the significant estimat¢s and judg¢m¢nts made in the preparation of the financial statements, and of whether the accounting policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed.
Charity Dumber 103683 Crai avon Cardiac Care Association Re ort of the inde ndent auditor to the Members of Crai avon Cardiac Care Association .¢ontinued We planned and performed our audit so as to obtsin all the information and explanations which we consid¢r necessary in ordcr to provide us With sufficient evidence to give reasonable assurance that the financial statements are free from material misslatemenl, whether caused by fraud or other irregularity or ¢rror. In fonning our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements. Opinion In our opinion.. the financial statements 8ive a tru¢ and fair view, in accordance with United Kingdom Generally Accepted Ac¢ounting Practi¢¢, of thc state of affairs of the charity as at 31 December 2018 and of its incoming resources and application of resources for th¢ year then ¢nd¢d the financial statements Iiave b¢¢n properly prepared accordance with the Companies Act 2006 and Charites Acl (Nl) 2008. The information given in the Trustees. Report is consistent with th¢ financial statements for the year ended 31 December 2018. Opinion on other matters prescribed by the Companies Act 2006 In our opinion the information given in the Trust¢¢s' Report for the financial year for which the financial statements are prepared is Consistent with the financial statements. Matters on which we are required to report by exception We have nothing to report in respect of the followin8 matters where Companies A¢t 2006 requires us to report to you if, in our opinion= Ad¢quate accounting records have not been kept, or returns adequal¢ for our audit have not been received from branches not visited by us- or The financial statements are not in agreement with the accounting records or returns. or Certain disclosures of director's remuneration specified by law have not been made- or We have not received all the information and explanations required for our audit. or
Charity number 103683 Crai avon Cardiac Care Association ort of the inde endent audltor to the Members of Crai avon Cardiac CAre Association .continued The memlxrs were not entitled to prepare the finan¢ial statements and the trustee's report in accordance with the small companies regime. The information given in the trustees, report is consistent with the financial statements. Kieran McGeoug (FCA) Senior Statutory Auditor For and on behalf of FlynD & Company Accountants Limited Chartered Accountants & Registered Auditors 28 Carleton Street Portadown Co Armagh BT62 3EP 24 October 2019 io
Charity number 103683 Crai avoll Cardiac Care Association Profit and Loss Account For the ear ended 31 December 2018 2018 2017 Incomin Resources Ticket sales Sponsorship & donations CW Concert Incom¢ from investments 12,783 19,155 11,342 23,277 1.278 5,583 6,579 Total Incoming ResouNes 38,517 41.480 Resources Ex ended Cost in furtherance of ¢haritable objective (Note 4) (64,156) {45,451} Total Resources Expended (64,156) {45,451) Net (Deficit) of income over expenditur¢ Net (loss)/gain on investments (25.639) (13,267) (3,971) 12,214 Total n¢t income and net movement in funds (38,906) 8,243 Funds brought forward 348.866 340,623 Fund5 carried forward £309.960 £348,866
Charity number 103683 Crai Avon Cardiac CAre Association Balance Sheet For the ear ended 31 December 2018 2018 2017 Fixed Assets Investments 292,534 316,903 Current Assets Cash at Bank Danske Charity Account Danske No. 2 Account 9,663 12,563 8,750 25.613 22,226 34,363 Current Liabilities Accruals (4,800) {2.400) Net Current Assets 17.416 31,963 £309,960 £348,866 Funds Unrestricted Restricted 309,960 348,866 Members, funds £309.960 £348.866 The financial statements were approved by the committee on 24 October 2019 and signed on its behalf by.. Philomena Hagan Chairr$0 Rodney iggins Secretary Noeleen Hampton Treasurer 12
Charity number 103683 Crai avon Cardiac Care Association Notes to the Financial Statements For the ear ended 31 December 2018 Accounting policies. l. l. Accounling convention The financial statements are prepared under the historical cost convention. The financial statements have been prepared on a goillg concern basis which assumes that the charity will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continued support of donors. 1.2. Donations and Volllntary Income Voluntary income is received by way of donations and gifts, and spe¢ial fund-raising events. Donations and gifts are included in full in the stat¢m¢nt of financial activities in the period in which th¢y are received. 1.3. Expenditure All expenditur¢ is included in the Profit and Loss Statement. The value of purchasc illVOiC¢5 received before the year end but not paid until after the year end has been included in th¢ Profit and Loss Statement. 1.4. Investment Income Bank interest is iiiclud¢d in th¢ Profit aT]d Loss Account on r¢¢¢ipl. 1.5. Fund Aceounting Ai present, all of the funds held are unrestricted. Donations Unrtstricted Fund$ Totsl Funds 2018 Unrestrieted Funds Totsl Fund5 2017 Donations 19,155 19.155 23.277 23,277 Investment income Unrestricted Funds Total Fund5 2018 UDTe$tricted Ftsnds Total Funds 2017 Income from UK listed inv¢stm¢nts Bank Interest receivable 6,546 33 6.546 33 5,514 69 5,514 69 £6,579 £6.579 £5,583 £5,583 13
Chrity number 103683 CrAi avon Cardiac Care Association Notes to the Financial Statemeuts For the ear ended 31 De¢ember 2018 Cost in furtherance of charitable objec¢ives Unrestricted Fund$ Totsl Funds 2018 Unrestritted Funds Total Funds 2017 Support to the Cardiac Unit at CAH Support costs (Note 5) 27.352 36.804 27,352 36,804 17,905 29.139 17.905 29,139 £64.156 £64.156 £45.451 £45.451 Analysi$ of Support Costs 2018 Z017 Defibrillators Heart To Heart nurses R¢sear¢h doctorate funding General office Legal & professional Fundraising costs Interest & fees Sundry costs 18.000 1,330 5.004 787 5,200 3,258 2,755 470 15,000 1,630 808 2,400 5,508 2,201 £36,804 £29,139 Net (Los5)IGain on Investments Uhre5tricted Fllthds Ttstl Fund$ 2018 Unrestrttted Funds Totll Futhds 2017 (LossesyGains on investments 13,267) £(13.267} £12,214 £12,214 Auditor Fees 2018 2017 Auditors remuneration 2,400 2,400 £2.400 £2,400 Trustee Remulleration and expenses No trusteed received any remunerdtion or other benefits with the charity or a related entity. 14
Chgrity number 103683 Crai avon Cardia¢ Care Association Notes to the Financial Statements For the ear ended 31 December 2018 Investments Listed Investments Cost or valuation At l January 2018 Transfer of funds to current account Fair Valu¢ Movements 316,903 (15,000) {9.369) (24,369) At 31 December 2018 £292.534 Car in Amount At 31 December 20I8 £292.534 At 31 December 2017 £316,903 All inv¢stm¢nts shown above are held at market value. Listed Investmellts The aggregate market value of I1¢d investments is £292,534 (2017- £316,903) Finaneial Assets held at fair value These investments were valued by Quilter Cheviot as at 31 D¢¢¢mb¢r 2018. 10. Creditors: amounts falling due within one year 2018 2017 Accruals & Deferred Incom¢ £4,800 £2,400 Analysis of charitable funds Unrestricted Funds At l January 2018 Income Expenditure At 31 December 2018 General Funds £348,866 £38,517 £(64,156) £(13,267) £309,960 15
Charity number 103683 Crai avon Cardiac Care Association Detailed Tradin Profit & Loss Account And Ex enses Schedule For the ear ended 31 December 2018 2018 2017 Income Ticket sal¢s Special donations Deposits for dcfibrillators In Lieu of flowers Collection Box Prizes Sponsorship CAF CW Concert Interest & Dividends received Miscellaneous 12,783 5,914 5.300 4,506 1,185 1,525 11,342 10,035 3,750 4,252 958 1,825 2,356 81 1.278 5,583 20 58 6,579 667 38,517 41,480 enditure Recharge of Wages Defibrillators Research Doctorate funding Prizes Heart to Heart Bank Fees Fees on Investmenls Postage & Stationery Insurance Accountancy & Audit Fiiiancial Advi50r Miscellaneous Bowling club Dr M¢Er¢vey NICVA Concert Radio star 27,352 18,000 5,004 3,200 1,330 107 2,648 504 283 2,400 2,800 58 160 250 60 17,905 15.000 5,200 1.630 92 2,109 530 278 2,400 80 188 40 64.156 (45,451) Deficit for the year (25,639) (3,971) 16
Charity number 103683 Crai avon Cardiac Care Association Investments For the ear ended 31 De¢ember 2018 uilters No.1 uiller5 No.2 Total Balan¢¢ l January 2018 316,903 194,535 122.368 Transfer to Dansk¢ Current ac¢ount (15,000) (15,000) Movement in investments (9,369) (4,576) {4,793) Balance at 31 December 2018 £292,534 £189,959 £102,575 17