Trustees Annual Report and Financial Statements for the year ended 31 March 2018 Charity Reference SC026527
P a g e 1 Trustees Annual Report For the Year Ended 31 March 2018 The trustees have pleasure in presenting their report together with the financial statements and the independent examiner s report for the year ended 31 March 2018. Reference & Administrative Information Charity Name : Charity No : Address : Trustees : Bank: Independent Examiner: SC026527 c/o Bill Whyte, Braeriach, East Grange, St Andrews KY16 8LL During the year the Committee comprised Jean Bain, Alan Constable, Rhona Crabb, Michael Fearon, Hazel Goldsmith, Kirsty Hastie, Michael Henretty, Andy Owen, Henry Rae, Hamish Tait, and Bill Whyte. Royal Bank of Scotland, 113-115 South Street, St Andrews KY16 9QB Jonathan L Adamson CA, Henderson Black & Co, 149 Market Street, St Andrews, Fife KY16 9PF Structure Governance & Management Constitution : The Charity is an unincorporated association. It is governed by its constitution which was adopted on 16 January 1997. The Charity was granted charitable status by OSCR on 13 May 1997. Trustees : Management : The management committee, which normally meets on a quarterly basis, are the Charity s trustees. The trustees are responsible for the strategic direction and governance of the charity as well as the ongoing programme of activities. All trustees are volunteers and there are no paid members of staff.
P a g e 2 Objectives & Activities Charitable purposes: To undertake or promote any charitable work approved by the management committee and in particular: 1) To increase public awareness of the need for Emergency Life Support training. 2) To train members of the general public in basic Emergency Life Support in accordance with the guidelines of the Resuscitation Council (UK). Activities and Achievements : In 2017-18 training has continued throughout the year and the committee would like to register their thanks to all the trainers for their help and support. In particular much of our training has been in conjunction with the use of Public Access Defibrillators in the communities where these have been sited. Financial Review As in past years in 2017-18 funds were provided by Operation Heartstart to meet the needs of the charity. Expenditure was limited to team training, publicity and promotion as well as equipment and consumables for the training initiative. Reserves Policy: The trustees policy is to maintain no reserves in this charity. Plans for Future Periods The trustees intend to continue and develop the services that Heartstart St Andrews and East Neuk of Fife provides for the benefit of the community in St Andrews and neighbouring areas. Approved by the trustees on 3 December 2018 and signed on their behalf by : Jean Bain, Chair Person
P a g e 3 Independent Examiner s Report for the Year Ended 31 March 2018 I report on the financial statements of the charity for the year ended 31 March 2018, which are set out on pages 4 and 5. Respective responsibilities of Trustees and Examiner The Committee of as Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ( the 2005 Act ) and the Charities Accounts (Scotland) Regulations 2006 (as amended) ( the 2006 Regulations ). The charity s trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section (44)(1)(c) of the 2005 Act and to state whether particular matters have come to my attention. This report is made to the trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees for my work or for this report. Basis of Independent Examiner s Statement My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. 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 seeks explanations from the 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:- 1 which gives me reasonable cause to believe that, in any material respect, the requirements:- to keep accounting records in accordance with section 44(1)(a) of the 2005 Act Regulation 4 of the 2006 Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations have not been met, or 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jonathan L Adamson C.A. Independent Examiner Chestney House 149 Market Street St. Andrews, Fife 3 December 2018 KY16 9PF
P a g e 4 Receipts and Payments Account Period from 1 April 2017 to 31 March 2018 2017-18 2016-17 RECEIPTS Grants 1,276.28 2,230.77 Total Receipts 1,276.28 2,230.77 PAYMENTS Payments relating directly to charitable activities : Administration costs 150.00 150.00 Training Programme expenses 1,001.28 1,880.77 Training Equipment and Consumables 125.00 824.00 Total payments 1,276.28 2,230.77 RESULT FOR YEAR 0.00 0.00 STATEMENT OF BALANCES As at 31 March 2018 The Charity had no assets at the beginning or at the end of the period. There is a liability for the Independent Examiner s fee of 150 at the end of the year. (2017-150) The notes on page 5 form an integral part of these accounts For and on behalf of the Committee as at Jean Bain, Chair Person William Whyte, Treasurer
P a g e 5 Notes to the accounts For the year ended 31 March 2018 1 Accounting policies 1.1 Basis of Accounting The Accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 1.2 Taxation Charitable status has been granted by HM Revenue & Customs and accordingly the charity is exempt from taxation on its income and gains where they are applied for charitable purposes. 1.3 Cash Flow statement The charity is entitled to the exemptions available in The Charities Accounts (Scotland) Regulations 2006 (as amended) and is therefore not required to prepare a Cash Flow Statement. 1.4 Receipts/Revenue Recognition All income is included at the date of receipt and applied to unrestricted funds unless otherwise specified by the donor. Gift Aid reclaimed on donations to the charity is included when recovered. 1.5 Payments Payments are made in furtherance of the charitable purposes. The charity is not registered for Value Added Tax and accordingly all payments include irrecoverable Value Added Tax. 1.6 Nature and purpose of funds Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity. Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. 2 Support Costs No costs incurred in the year are regarded as Support Costs. 3 Transactions with Trustees, Related Parties and employees No expenses were reimbursed to trustees (2017 Nil). There were no employees of the charity and all work was provided by volunteers.