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← Healing for the Heart SCIO

2025-10-31-accounts

REGISTERED CHARITY NUMBER: SC048784

Report of the Trustees and Financial Statements for the Year Ended 31 October 2025 for Healing for the Heart (SCIO)

Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB

Healing for the Heart (SCIO)

Contents of the Financial Statements for the Year Ended 31 October 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 18

Healing for the Heart (SCIO)

Reference and Administrative Details for the Year Ended 31 October 2025

TRUSTEES R Young (appointed March 25) K Konkon (appointed October 25) A Hilder (appointed December 25) E Boyd (appointed December 25) J Kerr (appointed January 26) H B Berryman (appointed January 26) A Gill (appointed March 25, resigned November 25) N Campbell (appointed March 25, resigned December 25) D Chestnutt (resigned February 25) G Henderson (resigned March 25) C Ogilvie (resigned February 25) G Wilson (resigned March 25) S Stirling (resigned May 25) R Dhillon (resigned March 25)

PRINCIPAL ADDRESS Europa Building 450 Argyle Street Glasgow G2 8LH

REGISTERED CHARITY NUMBER SC048784

INDEPENDENT EXAMINER David Nicholls FCCA Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB BANKERS CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ

Page 1

Healing for the Heart (SCIO)

Report of the Trustees for the Year Ended 31 October 2025

The trustees present their report with the financial statements of the charity for the year ended 31 October 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

In line with our constitution, Healing for the Heart's purpose, motivated by our Christian faith, is the advancement of health:

We believe that transformation is not only possible but is to be expected and so we continue to provide support and opportunities for individuals, communities and other organisations to realise their desired transformation through pursuing positive mental health and paying close attention to factors which impact wellbeing.

Our Values

Our Christian faith underpins everything we do and our values reflect this:

We welcome everyone regardless of their faith, gender, sexual orientation or race, seeing intrinsic value and boundless potential in everyone.

ACHIEVEMENT AND PERFORMANCE Charitable activities

Counselling and Psychotherapy

2024/25 proved to be a year of significant change for our community counselling service. In the final quarter of 2023/24, the Board and Senior Management Team (SMT) agreed a restructure for the counselling service, set to begin in January 2025. The aim of the restructure was to bring the cost of our service delivery down, but maintain the skills, experience and quality within our service to sustainably and adequately support clients, volunteers and staff.

By removing sessional work and redeploy our salaried counsellors in Clinical Development Worker roles, we have:

For reference, KCP is a fixed £60 fee route to counselling with one of our qualified counsellors and offers greater flexibility to clients in terms of frequency and number of sessions. Half of the fee goes to Healing for the Heart meaning KCP helps to fund the community counselling service.

It should be noted that the decision to make these changes was not made lightly. For several staff members the new structure has meant taking a financial hit in challenging economic times. Nevertheless. the team have shown great resiliency and have worked hard to make the new structure work. Clients continue to come through our doors and leave having made choices which positively impact their lives.

Through the community counselling service, we have supported 267 people, a reduction from the previous year due to the staff changes outlined above, but we have seen more referrals come through KCP. We are therefore proud to say that our community service waiting list has remained stable with no client having to wait more than a than 3 months before starting sessions.

Page 2

Healing for the Heart (SCIO)

Report of the Trustees for the Year Ended 31 October 2025

ACHIEVEMENT AND PERFORMANCE Charitable Activities

Community Development

2024/25 has been an exciting year for the Community Development Department, seeing the team grow from two to four members, increasing the team's skillset, experience and expertise.

The aim of Community Development at Healing for the Heart:

To identify community needs across Glasgow and create, develop, and deliver projects that improve mental health and wellbeing, while strengthening supportive community networks that foster connection and resilience.

What we do:

Psychoeducational Community Group Work

We deliver group-based learning sessions that help community members build knowledge, skills, and confidence about mental health. Some of these groups happen weekly on a rolling basis, creating a stable presence in a community, building trust and connections. Other groups are offered as one-off sessions or set blocks to work with a specific community and address a specific need.

Training

We provide targeted training for community members and partners, including:

Who we reach:

We support people across Glasgow, with a particular focus on communities most affected by socio-economic disadvantage and social inequality. We partner with schools, community centres, and organisations to reach:

Our work is project-based and responsive, allowing us to build creative partnerships and connect with communities who face the greatest barriers to wellbeing.

Across all our Community Development projects:

Premises

Following the move to the Europa Building on Argyle Street in July 2024, we have made the space our own and transformed it into a peaceful, trauma informed and person-centred space to meet clients and staff where they are at. Throughout the year, we have sought to expand group sessions, training and other events on site, to capitalise on the location's excellent accessibility.

Staffing

As outlined above, 2024/25 proved a period of significant change for all departments within the organisation. Alongside the restructure of the counselling service and its clinical staff team, as well as the growth of the Community Development Department, we also wished a happy retirement to our founder and CEO Shona Stirling. Following a stint as interim CEO, Stefan Meens took on the permanent position as CEO from June 2025.

The Board of Trustees and the entire staff team wish to extend their gratitude to Shona for all her energy and commitment. She has worked tirelessly to sustain the organisation from its inception, through the challenges posed by the Covid pandemic, up until the move into the Europa Building.

Page 3

Healing for the Heart (SCIO)

Report of the Trustees for the Year Ended 31 October 2025

ACHIEVEMENT AND PERFORMANCE

Key statistics
2024 2025 Outcome
4,000 3,500 1:1 Counselling & psychotherapy sessions
14 19 Trainee counsellors undertaking training
8 14 Employees
28 32 Counsellors delivering sessions
12 15 Community Groups Delivered

Volunteer support

Volunteers are an invaluable part of what we do at Healing for the Heart. Almost 60% of our community counselling sessions are provided by volunteers. In addition, volunteers form a crucial part of making our work in the community happen. Throughout 2025, we have evaluated and updated our volunteer support structures and procedures to reflect how much we value our volunteers.

FINANCIAL REVIEW

Financial position

For the year ended 31 October 2025, the charity generated a surplus of £101,813 (2024: £1,765). At 31 October 2025, total reserves stood at £323,569 (2024: £221,756) of which £105,843 (2024: £85,114) were unrestricted, free reserves and £152,334 (2024: £71,250) were restricted.

The charity also holds a separate designated clinical continuation fund of £65,392 (2024: £65,392). Given the nature of our work, should there be a sudden termination of funding this sets aside six months of clinical costs while other funds are sought.

Reserves policy

Our reserves target remains static at £108,000 in order to preserve the ability to wind down the clinical service over 6 months.

2020 - £60,000 reserves 2021 - £108,000 reserves 2022 - £108,000 reserves 2023 - £108,000 reserves 2024 - £108,000 reserves 2025 - £108,000 reserves

The current unrestricted reserves, excluding designated reserves, of £105,843 is slightly below this target. The trustees are aware that their reserves policy is not currently being met and are working towards increasing the unrestricted reserves of the charity.

FUTURE PLANS

Following the substantial changes implemented in 2024/25, we will look to reshape the medium- and longer-term strategy that connects the mission, the staff team, and the charity’s future direction to ensure stability and sustainability for years to come, despite the many (financial) challenges that the Scottish Third Sector faces.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

As Healing for the Heart is a SCIO, the official governing document we operate under is our constitution.

Our senior management team, comprising of the CEO, Clinical Director and Operations Manager, meet regularly to manage operations and work with the board to develop vision and strategy.

Recruitment and appointment of new trustees

Our Board of Trustees meet quarterly and hold, not only the DNA of the organisation but the oversight of all that is happening. With the current increased demand for services and the cost of living crisis hitting not only individuals but also organisations, they have the interests of both staff and service users to consider. It's become clear that, for the size the organisation has grown to, our board are small in number. A recent skills audit indicates areas where there are gaps. A recruitment and interview process is currently underway to help us to expand both skills and networks.

Page 4

Healing for the Heart (SCIO)

Report of the Trustees for the Year Ended 31 October 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Key management remuneration

In the opinion of the Trustees, the Key Management of the charity comprises Chief Executive. Total employer costs relating to these posts for the year ended 31 October 2025 were £55,821 (2024: £28,303). The CEO took a three month sabbatical with an interim CEO taking their place. Upon their return, they decided to leave the organisation and gradually reduced their hours. The board opted to keep the interim CEO in post alongside the other CEO which is why there is an increase in the key management remuneration.

14/04/2026

31330000-7E75-7243-C946-08DE90A6FA85 Approved by order of the board of trustees on ...... ~~....~~ .......................... ~~...~~ ...... and signed on its behalf by:

~~RE~~ 31330000-7E75-7243-C942-08DE90A6FA85 F Yo ~~us~~

..........................................................................

R Young - Trustee

Page 5

Independent Examiner's Report to the Trustees of Healing for the Heart (SCIO)

I report on the accounts for the year ended 31 October 2025 set out on pages seven to eighteen.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

have not been met; or

==> picture [88 x 4] intentionally omitted <==

----- Start of picture text -----
31330000-7E75-7243-C953-08DE90A6FA85
----- End of picture text -----

David Nicholls FCCA Fellow of the Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB 14/04/2026

Date: ........ ~~....~~ ..........................31330000-7E75-7243-C955-08DE90A6FA85 ~~...~~ ....

Page 6

Healing for the Heart (SCIO)

Statement of Financial Activities for the Year Ended 31 October 2025

Unrestricted

funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
44,532
Charitable activities
5
Mental and emotional health support
107,914
Other trading activities
3
8,043
Investment income
4
2,392
Other income
6
8,734
Total
171,615
EXPENDITURE ON
Raising funds
7
11,660
Charitable activities
8
Mental and emotional health support
139,226
Total
150,886
NET INCOME
20,729
RECONCILIATION OF FUNDS
Total funds brought forward
150,506
TOTAL FUNDS CARRIED FORWARD
171,235		 Restricted
funds
£
237,564
-
-
-
-
237,564
-
156,480
156,480
81,084
71,250
152,334		 2025
Total
funds
£
282,096
107,914
8,043
2,392
8,734
409,179
11,660
295,706
307,366
101,813
221,756
323,569		 2024
Total
funds
£
195,526
93,000
5,557
732
5,000
299,815
10,800
287,250
298,050
1,765
219,991
221,756

CONTINUING OPERATIONS

This statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities in both years.

Comparative figures for the previous year by fund type are shown in Note 13.

The notes on pages 9 – 18 form part of these financial statements

Page 7

Healing for the Heart (SCIO)

Balance Sheet 31 October 2025

2025 2024
Notes £ £
CURRENT ASSETS
Debtors 15 6,767 5,895
Cash at bank 330,211 230,449
336,978 236,344
CREDITORS
Amounts falling due within one year 16 (13,409) (14,588)
NET CURRENT ASSETS 323,569 221,756
TOTAL ASSETS LESS CURRENT LIABILITIES 323,569 221,756
NET ASSETS 323,569 221,756
FUNDS 18
Unrestricted funds:
General fund 105,843 85,114
Clinical Continuation Fund 65,392 65,392
171,235 150,506
Restricted funds 152,334 71,250
TOTAL FUNDS 323,569 221,756
The financial statements were approved by the Board of Trustees and authorised for issue on .............................................
and were signed on its behalf by:		 The financial statements were approved by the Board of Trustees and authorised for issue on .............................................
31330000-7E75-7243-C94C-08DE90A6FA85
~~ae~~

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 31330000-7E75-7243-C94C-08DE90A6FA85

07/04/2026

31330000-7E75-7243-C950-08DE90A6FA85 ...... ~~...~~ .......................... ~~....~~ ...... J Kerr - Trustee

The notes on pages 9 – 18 form part of these financial statements

Page 8

Healing for the Heart (SCIO)

Notes to the Financial Statements for the Year Ended 31 October 2025

1. ACCOUNTING POLICIES

General

Healing for the Heart (SCIO) ("the charity") is a Scottish Charitable Incorporated Organisation and governed by its constitution. It was registered as a charity in Scotland (registered number SC048784) on 24 October 2018. Its registered address is Princes House, 51 West Campbell Street, Glasgow, G2 6SE.

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

The financial statements are prepared on an accruals basis, and on a going concern basis, in accordance with: - the Charities and Trustee Investment (Scotland) Act 2005; - Regulation 8 (Statement of account - Fully accrued accounts) of The Charities Accounts (Scotland) Regulations 2006;

The charity meets the definition of a public benefit entity under FRS 102.

Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy.

The financial statements are presented in UK sterling, which is the charity's functional currency, and rounded to the nearest pound.

There have been no changes to the basis of preparation this financial year or to the previous financial year's financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised 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. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Page 9

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

1. ACCOUNTING POLICIES - continued

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

All assets costing more than £500 are capitalised. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment - 25% straight line

Taxation

Healing for the Heart (SCIO) is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations
Gift aid
Grants		 2025
£
29,937
4,095
248,064
282,096		 2024
£
8,156
1,256
186,114
195,526

Included within donations is £15,000 received from Probe Test Solutions Ltd who provided a monthly donation that is unrestricted.

Page 10

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

Glasgow City Council
National Lottery
GCVS Health & Wellbeing
Foundation Scotland
The Corra Foundation
The Robertson Trust
Benefact Trust
Henry Duncan
Hugh Fraser Foundation
PWP
The Endrick Trust
Pumphouse Trust
Thomas Wall Trust
NHS Greater Glasgow and Clyde
St James Place Trust
Volant
Children's Lottery
Stafford Trust
The Paristamen Charity
The Trades House Commonweal Fund
3.
OTHER TRADING ACTIVITIES
Fundraising
Rental Income
4.
INVESTMENT INCOME
Bank Interest		 2025
£
36,964
45,000
10,500
500
50,000
30,000
-
8,000
3,000
-
2,000
-
-
40,000
10,000
5,000
1,000
3,000
2,000
1,100
248,064
2025
£
4,356
3,687
8,043
2025
£
2,392		 2024
£
17,182
45,000
10,000
-
50,000
30,000
6,500
8,000
3,000
6,432
3,000
2,000
5,000
-
-
-
-
-
-
-
186,114
2024
£
4,480
1,077
5,557
2024
£
732

Page 11

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

5.
INCOME FROM CHARITABLE ACTIVITIES
2025
£
Counselling income
55,073
KCP Service
34,460
Supervision
4,840
Training Services
1,441
Event Income
-
Business Partnerships
12,100
107,914
6.
OTHER INCOME
2025
£
Employment Allowance
8,734
7.
RAISING FUNDS
Raising donations and legacies
2025
£
Fundraising Costs
11,660
8.
CHARITABLE ACTIVITIES COSTS
Direct
Support
Costs (see
costs (see
note 9)
note 10)
£
£
Mental and emotional health support
284,138
11,568
9.
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
£
Staff costs
191,240
Charitable Donations
-
Sessional Counsellor Payments
30,246
Bank Fees
1,525
Insurance
1,466
Printing and Stationery
470
Professional Fees
7,966
Rent
27,487
IT Software and Consumables
5,243
Staff Training
1,403
Telephone & Internet
6,291
Volunteer Expenses
75
Repairs & maintenance
721
Marketing
4,206
Office Equipment
2,559
Refreshments
40
Travel
617
Sundries
545
Sessional Admin
2,038
Depreciation
-
284,138		 2024
£
70,915
11,240
5,485
4,312
1,048
-
93,000
2024
£
5,000
2024
£
10,800

Page 12

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

10. SUPPORT COSTS

Preparation of Accounts & Independent Examination
Accountancy Fees		 2025
£
1,650
9,918
11,568		 2024
£
1,500
8,280
9,780

11. TRUSTEES' REMUNERATION AND BENEFITS

During the year, Trustee Shona Stirling, who is also employed as the CEO of the charity received a total remuneration of £13,357 (2024: £28,303). Shona resigned as CEO and a trustee in May 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Project Staff		 2025
£
170,934
13,892
6,414
191,240
2025
14		 2024
£
167,657
10,988
7,036
185,681
2024
8

No employees received emoluments in excess of £60,000.

Page 13

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 25,844 169,682 195,526
Charitable activities
Mental and emotional health support 93,000 - 93,000
Other trading activities 5,557 - 5,557
Investment income 732 - 732
Other income 5,000 - 5,000
Total 130,133 169,682 299,815
EXPENDITURE ON
Raising funds 10,800 - 10,800
Charitable activities
Mental and emotional health support 167,666 119,584 287,250
Total 178,466 119,584 298,050
NET INCOME/(EXPENDITURE) (48,333) 50,098 1,765
RECONCILIATION OF FUNDS
Total funds brought forward 198,839 21,152 219,991
TOTAL FUNDS CARRIED FORWARD 150,506 71,250 221,756
14. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 November 2024 and 31 October 2025 5,585
DEPRECIATION
At 1 November 2024 and 31 October 2025 5,585
NET BOOK VALUE
At 31 October 2025 -
At 31 October 2024 -

Page 14

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Digital Wallets
Accrued income
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accrued expenses
Deferred income

Deferred income comprised income received for projects which the charity was not entitled to until the following year.

At 1 November
Deferred in year
Released in year
At 31 October
17.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
funds
funds
£
£
Current assets
184,644
152,334
Current liabilities
(13,409)
-
171,235
152,334
Unrestricted
Restricted
funds
funds
£
£
Fixed assets
-
-
Current assets
165,094
71,250
Current liabilities
(14,588)
-
150,056
71,250		 2025
£
8,000
8,000
(8,000)
8,000
2025
Total
funds
£
336,978
(13,409)
323,569
2024
Total
funds
£
-
236,344
(14,588)
221,756		 2024
£
-
8,000
-
8,000
2024
Total
funds
£
236,344
(14,588)
221,756
2023
Total
funds
£
1,312
225,661
(6,982)
219,991

Page 15

continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

18. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Clinical Continuation Fund
Restricted funds
Glasgow Communities Fund
National Lottery
The Corra Foundation
GCVS Health & Wellbeing
The Robertson Trust
The Endrick Trust
NHS Greater Glasgow and Clyde
St James Place Trust
Volant
Stafford Trust
The Trades House Commonweal Fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Glasgow Communities Fund
National Lottery
The Corra Foundation
GCVS Health & Wellbeing
The Robertson Trust
Hugh Fraser Foundation
The Endrick Trust
NHS Greater Glasgow and Clyde
St James Place Trust
Volant
Children's Lottery
Stafford Trust
The Trades House Commonweal Fund
TOTAL FUNDS		 Net
At
movement
At
1/11/24
in funds
31/10/25
£
£
£
85,114
20,729
105,843
65,392
-
65,392
150,506
20,729
171,235
-
15,401
15,401
33,750
-
33,750
25,000
8,000
33,000
-
3,500
3,500
12,500
2,500
15,000
-
2,000
2,000
-
40,000
40,000
-
3,333
3,333
-
2,250
2,250
-
3,000
3,000
-
1,100
1,100
71,250
81,084
152,334
221,756
101,813
323,569
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
171,615
(150,886)
20,729
36,964
(21,563)
15,401
45,000
(45,000)
-
50,000
(42,000)
8,000
10,500
(7,000)
3,500
30,000
(27,500)
2,500
3,000
(3,000)
-
2,000
-
2,000
40,000
-
40,000
10,000
(6,667)
3,333
5,000
(2,750)
2,250
1,000
(1,000)
-
3,000
-
3,000
1,100
-
1,100
237,564
(156,480)
81,084
409,179
(307,366)
101,813

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continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
At movement At
1/11/23 in funds 31/10/24
£ £ £
Unrestricted funds
General fund 133,447 (48,333) 85,114
Clinical Continuation Fund 65,392 - 65,392
198,839 (48,333) 150,506
Restricted funds
Glasgow Communities Fund 7,152 (7,152) -
National Lottery - 33,750 33,750
The Corra Foundation - 25,000 25,000
The Robertson Trust - 12,500 12,500
Foundation Scotland 5,000 (5,000) -
Bellahouston Bequest Fund 5,000 (5,000) -
The Albert Hunt Trust 4,000 (4,000) -
21,152 50,098 71,250
TOTAL FUNDS 219,991 1,765 221,756
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 130,133 (178,466) (48,333)
Restricted funds
Glasgow Communities Fund 17,182 (24,334) (7,152)
National Lottery 45,000 (11,250) 33,750
The Corra Foundation 50,000 (25,000) 25,000
GCVS Health & Wellbeing 10,000 (10,000) -
The Robertson Trust 30,000 (17,500) 12,500
Foundation Scotland - (5,000) (5,000)
Bellahouston Bequest Fund - (5,000) (5,000)
The Albert Hunt Trust - (4,000) (4,000)
Thomas Wall Trust 5,000 (5,000) -
Hugh Fraser Foundation 3,000 (3,000) -
Benefact Trust 6,500 (6,500) -
The Endrick Trust 3,000 (3,000) -
169,682 (119,584) 50,098
TOTAL FUNDS 299,815 (298,050) 1,765

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continued...

Healing for the Heart (SCIO)

Notes to the Financial Statements - continued for the Year Ended 31 October 2025

19. RELATED PARTY DISCLOSURES

During the previous year, the partner of Trustee Shona Stirling, who was also employed as the CEO in the year, made a monthly donation of £200, totalling £2,400 for the year. Shona resigned as CEO and a trustee in May 2025.

There were no other related party transactions for the year ended 31 October 2025.

20. PURPOSE OF FUNDS

General Fund - The unrestricted, 'free reserves' of the charity

Clinical Continuation Fund - Sets aside funds to cover clinical costs while new income is sought, if current funding was to be withdrawn.

Glasgow Community Fund - Funds specific salary and project costs.

National Lottery - Funds specific salary and project costs.

The Corra Foundation - Funding for Specific project costs

GCVS Health & Wellbeing - Funding for Specific project costs

The Robertson Trust - Funding for Specific project costs

Bellahouston Bequest Fund - Funding for Specific project costs

The Albert Hunt Trust - Funding for Specific project costs

Hugh Fraser Foundation - Funding towards Counselling Sessions

The Endrick Trust - Funding for Specific project costs

NHS Greater Glasgow and Clyde - Funding towards Counselling Sessions & Calm Waters

St James Place Trust - Funding towards Children's Counselling Sessions

Volant - Funding towards Counselling Sessions

Children's Lottery - Funding towards Children's Counselling Sessions

Stafford Trust - Funding towards Counselling Sessions

The Trades House Commonweal Fund - Funding towards Counselling Sessions

Page 18