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2022-12-31-accounts

REGISTERED COMPANY NUMBER: 02545804 (England and Wales)

REGISTERED CHARITY NUMBER: 1001476

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

Deans Chartered accountants Statutory auditor Gibson House Hurricane Court Hurricane Close Stafford ST16 1GZ

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 11
Consolidated Statement of Financial Activities 12
Consolidated Balance Sheet 13 to 14
Consolidated Cash Flow Statement 15
Notes to the Financial Statements 16 to 31
Detailed Statement of Financial Activities 32 to 33

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. 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).

STRATEGIC REPORT

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02545804 (England and Wales)

Registered Charity number

1001476

Registered office

Caxton House North Walls Stafford ST16 3AD

Trustees

Mr H T Bould Construction Manager Mrs Y A Buckland Semi Retired Mr J A Day Retired Lecturer M C F Hill Mrs C A Holdcroft Retired Mrs V Jones Retired Director Of Nursing Mrs M Minns Solicitor (resigned 1.11.22) Mrs D J Moores Retired Ahp Lead Mrs W Powell Retired

Company Secretary

Mrs J K Landick

Page 1

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

REFERENCE AND ADMINISTRATIVE DETAILS Auditors

Deans Chartered accountants Statutory auditor Gibson House Hurricane Court Hurricane Close Stafford ST16 1GZ

The Trustees have pleasure in presenting their annual report together with the consolidated financial statements of the charity and its subsidiary for the year ended 31 December 2022 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.

Statutory background

The Charities Act 2011 section 132 requires the Trustees to prepare in respect of each financial year an annual report containing prescribed information and to transmit such report to the Charity Commissioners (having attached to it the financial statement of accounts for such financial year). The Trustees have also taken account of the Charity Commissioners' Statement of Recommended Practice (SORP FRS102) in respect of making this report.

Objectives and activities

A major part of the organisation’s role is housing vulnerable people and this is achieved by property rental and a portfolio of owned properties. This allows the organisation to house individuals with needs that meet the objectives of the charity which include mental health, offending history and vulnerability. There is a direct link between the hospitals and a public benefit by the organisation offering supported housing to these individuals.

Aims of the organisation

Strategies

1) The charity works with Housing Benefit, Stafford Borough Council, Cannock District Council, South Staffs Council and Walsall Council and offers an Inreach Service to the inpatients on the wards at St George's Hospital, Stafford and Redwoods Hospital, Shrewsbury, on a weekly basis viewing their needs regarding paperwork to claim benefits and moving on to supported Housing.

2) Food compliance are in place at all catering outlets and is reported to our Governance Committee.

3) Providing voluntary work for individuals to give a service to our local hospitals.

4) Providing supported housing to individuals and support them to move onto independent living, clients are given questionnaires to complete to improve the service the charity gives. Provide an Inreach Service to inpatients at Midlands Partnership NHS Foundation Trust to support them to move onto supported housing.

Page 2

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2022

Achievements and performance

In February 2021 the Government confirmed the end of Covid-19 restrictions and a return to “business as usual”. In this first year following the Covid pandemic, there continued to be challenges for the Charity around the Catering and Fundraising Arms of the Charity. However, the measures and hard work undertaken in the two previous years by staff, trustees and volunteers served to reduce some of the negative impact and the net result is an overall surplus for the Charity.

By far the biggest impact continues to be on our catering activities due to government restrictions on opening during the Covid-19 period. As reported in year ending 2021 the Board of Trustees agreed to continue operating the Cannock Café at the request of the hospital management to provide a hot meal and shopping essentials for NHS staff. It was acknowledged that this would not be cost effective in the short term although felt to be offset by the benefits of the social good to NHS staff and therefore indirectly to their patients and to the public image and visibility of the Charity. The Board of Trustees continue to monitor the situation and with hospital services slowly recovering it is expected that Cannock Cafe turnover should return to pre-pandemic levels at the start of 2023.

Our volunteer lead catering outlets were all open throughout 2022.

The Fundraising Committee established previously in 2021 has now held a number of fundraising activities and is looking to set an annual target for fundraising whilst encouraging volunteers to return to being active within the Charity. This has been difficult following their length of absence from the Charity due to Covid restrictions, their average older age and individual health issues.

A volunteer Task Group was established to address the recruitment of volunteers, with a strategy to include new roles that will attract younger and more diverse range of volunteers; whilst valuing current volunteers and their contributions. A social media campaign has helped to raise the profile of the Charity, and which will in turn attract volunteers and donations. The level of interest, followers and posts is reported to the Governance Committee and the Board quarterly.

The Chair and Board of Trustees would like to thank everyone for a tremendous effort over the past few years and we are very proud to be part of the team.

The Chair would also like to thank the Board of Trustees, in particular the Vice Chair, for their dedication and for giving their time freely to the organisation.

There is a governance system in place to review all policies and procedures and to develop new ones as required. Our Governance procedures have been reviewed, improved and controls put in place for the benefit of everyone involved with our charity. This has included using the Charity Commission’s Governance Code framework to audit the level of compliance and identify gaps.

The Supported Housing Department under the guidance of Martin Thornley, Chief Executive and the Head of Housing Management, Zoe Pyatt, continue to develop the Supported Housing Service in line with demand and were successful in obtaining a contract for the Inreach hospital services to Redwoods Hospital in Shropshire and St George’s Hospital in Stafford. The charity has changed its style and type of properties to meet the requirements of single occupancy. Our aim is to increase the number of properties that are in the charity’s ownership over future years as our funds allow. We will continue to build on the excellent relationships we have with a number of Registered Social Landlords to increase the number of properties they are able to allocate to our charity.

The charity is committed to working closely with the main funding partners to demonstrate a "value for money" philosophy whilst providing the highest level of support to the residents.

We are keen to develop partnerships with other organisations that will benefit our charity aims and have now entered into a corporate partnership with The Rotary Club of Cannock.

The charity would like to thank family, friends and the local communities who have generously donated to the charity in so many ways this past year

Page 4

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2022

Grants

In the recent past we have applied for and received government business support grants in relation to Covid-19 these are reflected within our accounts.

Training

We have a training schedule for all staff, trustees and volunteers and this is reviewed regularly and forms a part of the Board Report. Training and staff appraisal records for all staff are maintained and reviewed throughout the year with the achievement target reported quarterly to the Board along with other Key Performance Indicators.

Financial Review

The financial statements for the year have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006, and the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP FRS102).

The financial statements consolidate the results of Stafford and Cannock League of Hospital Friends and its trading subsidiary.

Funds in the charity have increased to £1,349,092 from £1,199,550. Rental income has subsequently increased from £954,974 to £1,022,975 in the year.

The trading subsidiary, Cannock Chase Trading Limited, operates coffee bars and cafes in the hospitals. The profit margins have been affected by the Covid-19 pandemic.

During the year the charity achieved income of £1,240,509 (2021 - £1,137,234) with expenditure of £1,090,971 (2021 - £1,006,007). Thus, increased the surplus of the charity to £149,542 (2021 - £131,227).

Reserves Policy

The Trustees’ policy is to have unrestricted reserves equal to six months of operating expenditure. This is deemed by the Trustees to be the amount necessary to maintain operations should a shortfall in income arise and to cover risks and contingencies that would require an outlay of expenditure above a normal level. For reserves in excess of the reserves policy, the Trustees will assess the optimal usage of these funds to enable the charity to maximise its benefits.

The charities total reserves of £1,349,092 (2021 - £1,199,550) at the year-end were in excess of six months’ worth of operating expenditure.

Grant Making Policy

The charity gives donations to County Hospital, St George's Hospital in Stafford and Cannock Chase Hospital. The hospitals do inform the League of Friends what projects they would like the donation to go towards. If the donation is £500 or less it is approved by the Chief Executive, but if the donation is over £500 then approval is needed from the Chairman and Treasurer. All donations given must be for the benefit of patients.

The League of Friends had arranged a variety of fundraising events throughout the year to boost the organisations surplus.

Investment Powers

The charity has the power to make any investment which the Trustees see fit. In 2022 for the first time the Board of Trustees agreed to use an investment platform managed by Deans Wealth Management Ltd with low-risk opportunities.

Page 4

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2022

Governance and Management Structure

The charity is a company limited by guarantee and is managed by its trustees. The trustees are its Directors for the purposes of company law. The governing document is the Memorandum & Articles of Association reviewed and dated June 2021. It is registered as a charity with the Charity Commission.

The current trustees of the charity are listed in the reference and administrative information on page 1. The Board of Trustees meet regularly and have no beneficial interest in the charity.

The power of appointing new trustees is vested in the Board, composed of existing trustees.

Board Sub Committees have been set up and these Committees report back to the Board of Trustees.

The Board of Trustees, in 2016 took the decision to strengthen the management and operations of the charity and appoint a Chief Executive. The Chief Executive's remit is to manage the day-to-day activities of the organisation and deliver the business plan for the charity in line with the strategy developed by the Board of Trustees.

Key Personnel are the people with the authority and responsibility for planning, directing, and controlling the activities of the charity. The arrangements for setting the pay of key personnel are made by the Board of Trustees.

The Trustees have also complied with the duty in section 4 of the Charities Act 2011 to have due regard to the guidance published by the Charity Commission in relation to the public benefit of the charity.

Induction and Training of Trustees

The Trustees are committed to the provision of a high quality service to all clients. Against this commitment, they see the recruitment, selection and induction of all Trustees as a vital issue. It is acknowledged that we work and live in a diverse society, and, insofar as it is compatible with the policy on equal opportunities, they welcome diversity among its Trustees. The detailed criteria and procedures are available from the charity’s Secretary. In 2022 a new policy and plan of action was agreed to reduce our carbon footprint

Risk Management

There is a Governance Assurance Framework and an active Risk Register which is sent to the Governance Committee on a bi-monthly basis highlighting any current / new risks. The charity is continuing with the policy of purchasing single occupancy accommodation due to the potential impact on housing benefits, in the future making the League less reliant on landlords for accommodation. The number of tenants is in line with the Business Plan and is expected to meet the 2024 target through either rented or purchased accommodation.

Future Plans for the Charity

The League has a plan in place for growth over the next 2 years for the Housing Department in line with the Business Plan 2021 – 2024. This will require the purchase of one property per year as the funds allow and in 2022 has resulted in two properties being purchased. Working with Registered Social Landlords and local Landlords to increase the portfolio of the League and meet the demand for supported housing within Stafford and Cannock.

The Board of Trustees have an important role to develop and monitor strategy, direction and future direction of the Charity. The Board set aside a ‘Trustees’ Away Day Meeting’ in October 2022. This was to discuss whether the Charity’s agreed strategy and action plan from the previous Strategic Away Day held in September 2021 had been achieved and to discuss future development and investment policy.

Page 5

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2022

Related Parties

Neither the charity, nor any trustees on its behalf, holds any assets for another charity.

Cannock Chase Hospital Trading Limited is a trading subsidiary of the charity. It operates the coffee bars and cafes in the hospitals. Mr H T Bould, Mrs Y A Buckland and Mrs Mary Minns, all of whom are trustees of Stafford and Cannock League of Hospital Friends and are Directors and Shareholders (as nominees) of Cannock Chase Hospital Trading Limited. They have agreed that any profit made by the company will be gift aided to the charity.

From 1 January 2019, the Coffee Bars at County Hospital and St George’s Hospital, Stafford have traded through Cannock Chase Hospital Trading Limited.

The results from the trading subsidiary are consolidated into the financial statements of the charity.

Indemnity Insurance

The charity has within its general insurance policy cover to indemnify the trustees against the consequences of any neglect or default on their part. The cost to the charity of this insurance has not been separately identified; however it is included in other expenses (Note 10).

Statement of Trustees’ responsibilities

The trustees (who are also the directors of Stafford And Cannock League Of Hospital Friends for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

Page 6

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2022

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Deans, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:

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

V Jones - Trustee

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

Opinion

We have audited the financial statements of Stafford And Cannock League Of Hospital Friends (the 'parent charitable company') and its subsidiaries (the ‘group’) for the year ended 31 December 2022 which comprise the Consolidated Statement of Financial Activities, the Consolidated and Parent Balance Sheet, the Consolidated and Parent Cash Flow Statement and notes to the financial 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 Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Report of the Trustees but does not include the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 151 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Deans Chartered accountants Statutory auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Gibson House Hurricane Court Hurricane Close Stafford ST16 1GZ

Date: .............................................

Page 11

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Charitable activities
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Charitable activities
7
Charitable activities
Fundraising costs
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund

£
3,862
1,022,975
173,176
3,746
1,203,759
898,466
155,751
1,054,217
149,542
1,199,550
1,349,092		 Restricted
fund
£
36,750
-
-
-
36,750
36,750
-
36,750
-
-
-		 2022
Total
funds
£
40,612
1,022,975
173,176
3,746
1,240,509
935,216
155,751
1,090,967
149,542
1,199,550
1,349,092		 2021
Total
funds
£
39,042
954,974
141,164
2,054
1,137,234
879,322
126,685
1,006,007
131,227
1,068,323
1,199,550

The notes form part of these financial statements

Page 12

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

CONSOLIDATED BALANCE SHEET 31 DECEMBER 2022


Notes
FIXED ASSETS
Tangible assets
15
Investments
16
CURRENT ASSETS
Stock
Debtors
17
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
18
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
19
Unrestricted funds:
Unrestricted fund
TOTAL FUNDS		 Group

2022
2021


£
£
827,134
724,093
-
-
827,134
724,093
4,289
3,439
91,779
49,229
542,063
485,801
638,131
538,469
(116,173)
(63,012)
521,958
475,457
1,349,092
1,199,550
1,349,092
1,199,550
1,349,092
1,199,550
1,349,092
1,199,550		 Charity
2022
2021
£
£
825,110
721,174
-
-
825,110
721,174
-
-
228,157
160,877
486,109
440,279
714,266
601,156
(90,827)
(49,247)
623,439
551,909
1,448,549
1,273,083
1,448,549
1,273,083
1,448,549
1,273,083
1,448,549
1,273,083

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.

The trustees acknowledge their responsibilities for

These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.

The notes form part of these financial statements

Page 13

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

CONSOLIDATED BALANCE SHEET - continued 31 DECEMBER 2022

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

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

V Jones - Trustee

The notes form part of these financial statements

Page 14

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

Note
Cash flow from operating
activities
20
Net cash flow from
operating activities
Cash flow from investing
activities
Interest
Shares in group
undertakings
Purchase of tangible fixed
assets
Net cash flow from
investing activities
Net increase/ (decrease)
in cash and cash
equivalents
Cash and cash equivalents
brought forward
Cash and cash carried
forward
Cash and cash
equivalents consists of:
Cash at bank and in hand
Cash and cash
equivalents at 31.12.2022		 Group
2022
2021
£
£
169,947
170,197
169,947
170,197
3,746
2,054
-
-
(117,431)
(91,594)
(113,685)
(89,540)
56,262
80,657
485,801
405,144
542,063
485,801
542,063
485,801
542,063
485,801		 Charity
2022
2021
£
£
158,365
149,596
158,365
149,596
3,746
2,054
-
-
(116,281)
(91,594)
(112,535)
(89,540)
45,830
60,056
440,279
380,223
486,109
440,279
486,109
440,279
486,109
440,279

The notes form part of these financial statements

Page 15

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

The charity is a company limited by guarantee. The members of the company are the trustees named on page 1. The registered office address is Caxton House, North Walls, Stafford, ST16 3AD.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

Stafford and Cannock League of Hospital Friends is a charitable company limited by guarantee in the United Kingdom. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are to provide supported housing for people enduring mental illness and to provide a range of retail services within local hospitals.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 (effective 1 January 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably, and the charity has control over the item.

No amount is included in the financial statements for volunteer time in line with the SORP. Further detail is given in the Trustees' Annual Report.

Gifts in kind donated for resale are included at fair value, where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until they are sold. This income is recognised within 'Income from other trading activities'.

continued...

Page 16

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued

Income recognition

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred.

Investment income is earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity's right to receive payment is established.

Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. The analysis of these costs is included in note 10.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

continued...

Page 17

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued

Tangible fixed assets

Freehold property - not provided Long Leasehold property - not provided Fixtures & fittings - 10-15% on cost Motor vehicles -25% on cost Computer equipment - 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for specific purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Leases

Rentals payable and receivable under operating leases are charged to the SoFA on a straight-line basis over the period of the lease.

Employee benefits

When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The charity operates a defined contribution plan for the benefit of its employees. Contributions are expended as they become payable.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

continued...

Page 18

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued

Going concern

The trustees rely on the charity's forecasts, projections and cash management for the next 12 months and have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. With easing of government restrictions during 2022, it is anticipated that fundraising income and other income sources progressively reverts to pre COVID-19 levels.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Stock

Stock is included at the lower of cost or net realisable value. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

3. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Grants		 2022
£
3,862
36,750
40,612		 2021
£
4,292
34,750
39,042

Income from donations, legacies and grants was £40,612 (2021 - £39,042) of which £36,750 (2021 - £25,032) was attributable to restricted funds and £3,862 (2021 - £14,010) was attributed to unrestricted reserves.

£nil (2021 - £9,718) of government grants were received in respect of the Business interruption COVID relief grant. There are no other contingencies and unfulfilled conditions attaching to government grants.

Restricted grants received, included in the above, are as follows:

Housing/Forensic InReach
Training		 2022
£
33,750
3,000
36,750		 2021
£
21,000
4,032
25,032

continued...

Page 19

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

4. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
2022 2021
£ £
Fundraising events - 762
Coffee bar income 162,976 125,599
Extra hours support - 3,720
Other income 10,200 11,083
173,176 141,164

Income from other trading activities was £173,176 (2021 - £141,164) of which all was attributed to unrestricted reserves.

5. INVESTMENT INCOME

INVESTMENT INCOME
2022 2021
£ £
Interest receivable - trading 3,746 2,054

Income from investment income was £3,746 (2021 - £2,054) of which all was attributed to unrestricted reserves.

6. INCOME FROM CHARITABLE ACTIVITIES

2022 2021
£ £
Property rental Charitable activities 1,022,975 954,974

Income from charitable activities was £1,022,975 (2021 - £954,974) of which all was attributed to unrestricted reserves.

7. CHARITABLE ACTIVITIES COSTS

Charitable activities
Fundraising costs		 Direct
Costs (see
note 8)
£
445,831
89,739
535,570		 Grant
funding of
activities
(see note
9)
£
163
-
163		 Support
costs (see
note 10)
Totals
£
£
489,222
935,216
66,012
155,751
555,234
1,090,967		 Totals
£
935,216
155,751

continued...

Page 20

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

8. DIRECT COSTS

CHARITABLE ACTIVITIES
Other operating leases
Rates and water
Light and heat
Property repairs
Furniture, fittings and refurbishment costs
TV licence
FUNDRAISING COSTS
Coffee bar direct costs
otal direct costs, £21,750 (2021 - £9,000) was restricted.
GRANTS PAYABLE
Charitable activities
The total grants paid to institutions during the year was as follows:
Cannock Hospital
Stafford Hospital
St George's Hospital		 2022
£
304,474
13,029
75,011
12,319
35,300
5,698
445,831
89,739
535,570
2022
£
163
2022
£
-
-
163
163		 2021
£
278,820
14,445
85,311
13,696
45,008
9,118
446,398
68,139
514,537
2021
£
1,705
2021
£
99
-
1,606
1,705		 2021
£
278,820
14,445
85,311
13,696
45,008
9,118
446,398
68,139
514,537
2021
£
1,705
2021
£
99
-
1,606
1,705
1,705

Of the total direct costs, £21,750 (2021 - £9,000) was restricted.

9. GRANTS PAYABLE

Amounts paid and committed total £163 (2021 - £1,705) and include St Georges Hospital £163 (2021 - £1,606), Cannock Hospital £nil (2021 - £99) and Stafford Hospital £nil (2021 - £nil).

10. SUPPORT COSTS

Management
£
Charitable activities
404,937
Fundraising costs
58,233
463,170		 Finance
Governance
£
£
16,367
34,957
4,877
1,157
21,244
36,114		 Other
£
32,961
1,745
34,706		 Totals
£
489,222
66,012
555,234

continued...

Page 21

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

10. SUPPORT COSTS - continued

Of the total support costs, £12,000 (2021 - £16,032) was restricted.

GOVERNANCE COSTS

GOVERNANCE COSTS
Accountancy including auditors remuneration
Legal & professional fees		 2022
£
20,650
15,464
36,114		 2021
£
12,704
14,799
27,503

Support costs, included in the above, are as follows:

Wages
Social security
Defined contribution pension costs
Other operating leases
Light and heat
Repairs and maintenance
Depreciation of tangible assets
Telephone
Office expenses
Bank charges
Hire of equipment
Accountancy
Legal and professional fees
Motor expenses
Employee travel expenses
Insurance
Computer software and maintenance
Bad debts
Other expenses		 Charitable
Fundraising
activities
costs
£
£
294,437
47,425
24,245
1,938
21,354
4,795
27,252
-
3,524
-
13,548
2,031
12,345
2,043
8,233
-
15,972
108
393
4,770
-
1,235
19,493
1,157
15,464
-
4,428
-
6,521
497
3,273
-
5,955
-
5,962
-
6,823
13
489,222
66,012		 2022
Total
activities
£
341,862
26,183
26,149
27,252
3,524
15,579
14,388
8,233
16,080
5,163
1,235
20,650
15,464
4,428
7,018
3,273
5,955
5,962
6,836
555,234		 2021
Total
activities
£
301,142
20,803
24,481
27,127
5,202
4,799
8,995
6,209
12,877
3,939
1,713
12,704
14,799
4,820
5,988
6,616
5,890
9,160
12,501
489,765

continued...

Page 22

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2022 2021
£ £
Depreciation - owned assets 14,388 8,995
Other operating leases 331,648 305,947
Auditor's fee 10,950 10,500
Accountancy fees 1,100 1,050
Defined contribution pension costs 26,149 24,481

12. TRUSTEES' AND KEY MANAGEMENT PERSONNEL REMUNERATION AND BENEFITS

The trustees neither received nor waived any remuneration during the year (2021 - £nil).

The total amount of employee benefits received by key management personnel is £50,543 (2021 - £48,264).

The trustees consider its key management personnel comprise solely the Chief Executive.

During the year, Sambuck Limited (a business owned by Mrs Y Buckland, a trustee of Stafford and Cannock League of Hospital Friends) invoiced the charity £5,189 (2021 - £5,152) for consultancy work. The balance outstanding at 31 December 2022 was £1,250 (2021 - £1,288).

Mrs M Minns, a trustee of Stafford and Cannock League of Hospital Friends invoiced the charity £nil (2021 - £250) for professional advice.

Trustees' expenses

During the year, travel expenses were reimbursed to 3 (2021 - 2) trustees amounting to £525 (2021 - £344).

13. STAFF COSTS

Wages and salaries
Social security
Defined contribution pension costs
The average monthly number of employees during the year was as follows:
Raising funds
Charitable activities
Governance		 2022
£
341,862
26,183
26,149
394,194
2022
4
14
1
19		 2021
£
301,142
20,803
24,481
346,426
2021
4
11
1
16

No employee received emoluments above £60,000 during the current or preceding year.

continued...

Page 23

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

13. STAFF COSTS - continued

Total redundancy / termination payments amount to £nil (2021 - £2,400).

14. AUDITOR'S REMUNERATION

AUDITOR'S REMUNERATION
Auditor's remuneration is as follows:
Audit fees
All other non-audit services
Total fees		 2022
£
10,950
1,100		 2021
£
10,500
1,050
12,050 11,550

15. TANGIBLE FIXED ASSETS – GROUP

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 Freehold
property
£
157,155
-
157,155
-
-
-
157,155
157,155		 Fixtures
Long
and
leasehold
fittings
£
£
555,480
48,758
78,818
11,567
634,298
60,325
-
43,231
-
6,017
-
49,248
634,298
11,077
555,480
5,527

continued...

Page 25

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 Motor
vehicles
£
-
22,995
22,995
-
5,749
5,749
17,246
-		 Computer
equipment
£
16,154
4,049
20,203
10,223
2,622
12,845
7,358
5,931		 Totals
£
777,547
117,429
894,976
53,454
14,388
67,842
827,134
724,093

The above properties are carried at cost of £791,453 (2021 - £712,635) at 31 December 2022.

continued...

Page 25

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

15. TANGIBLE FIXED ASSETS – CHARITY

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 Freehold
property
£
157,155
-
157,155
-
-
-
157,155
157,155
Motor
vehicles
£
-
22,995
22,995
-
5,749
5,749
17,246
-		 Fixtures
Long
and
leasehold
fittings
£
£
555,480
8,068
78,818
10,418
634,298
18,486
-
5,460
-
3,975
-
9,435
634,298
9,051
555,480
2,608
Computer
equipment
Totals
£
£
16,154
736,857
4,050
116,281
20,204
853,138
10,223
15,683
2,621
12,345
12,844
28,028
7,360
825,110
5,931
721,174

The above properties are carried at cost of £791,453 (2021 - £712,635) at 31 December 2022.

continued...

Page 26

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

16. FIXED ASSET INVESTMENTS

Stafford and Cannock League of Hospital Friends owns the entire issued share capital (£3) of Cannock Chase Hospital Trading Limited via three nominees that are also Trustees of Stafford and Cannock League of Hospital Friends.

Cannock Chase Hospital Trading Limited (company number - 07698767) was incorporated in England and Wales and its principal business is the provision of a coffee bar at Cannock Chase Hospital, which supports the aims of the charity. Its registered office is Caxton House, North Walls, Stafford, England, ST16 3AD. All profits are donated to the charity.

The subsidiary undertaking is included in the consolidated accounts of the charity.

Summary of trading results
Turnover
Expenditure
Profit / (loss)
The assets and liabilities of Cannock Chase Hospital Trading Limited were:
Assets
Liabilities
Net liabilities		 2022
£
162,976
(188,904)
(25,928)
2022
£
64,087
(163,545)
(99,458)		 2021
£
125,599
(168,776)
(43,177)
2021
£
54,508
(128,038)
(73,530)

The assets and liabilities of Cannock Chase Hospital Trading Limited were:

17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments		 Group
2022
2021
£
£
73,438
40,583
7,223
3,679
11,118
4,967
91,779
49,229		 Charity
2022
2021
£
£
72,416
38,754
144,623
117,156
11,118
4,967
228,157
160,877

continued...

Page 27

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

19.
MOVEMENT IN FUNDS
Trade creditors
Other creditors
VAT
Pension creditor
Accruals
Deferred income		 Group
2022
2021
£
£
66,670
39,261
9,761
-
5,917
3,724
2,322
2,012
21,253
18,015
10,250
-
116,173
63,012		 Charity
2022
2021
£
£
48,403
29,980
9,761
-
-
-
2,322
2,012
20,091
17,255
10,250
-
90,827
49,247
MOVEMENT IN FUNDS
Net
movement At
At 1.1.22
in funds		 31.12.22
£ £ £
Unrestricted funds
Unrestricted fund 1,199,550 149,542 1,349,092
TOTAL FUNDS 1,199,550 149,542 1,349,092
Net movement in funds, included in the above are as follows:
Incoming
Resources		 Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
Unrestricted fund 1,203,759 (1,054,217) 149,542
Restricted funds
Restricted fund 36,750 (36,750) -
TOTAL FUNDS 1,240,509 (1,090,967) 149,542

Unrestricted funds

Supported housing – The provision of supported housing for clients with suffer from mental illness. Hospital cafes – Providing a range of retail services within local hospitals within Cannock and Stafford.

Restricted funds

Housing InReach – Support services provided at various local wards to prepare clients for life outside of the hospital ward.

Training grant – Grants received to subsidise staff training in a range of skills.

continued...

Page 28

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

19.
MOVEMENT IN FUNDS - continued
Comparatives for movement in funds:
Comparative net movement in funds, included in the above are
Unrestricted funds
Unrestricted fund
Restricted funds
Restricted fund
TOTAL FUNDS
Balance at
1.1.21
£
Total funds
1,068,323		 Balance at
1.1.21
£
1,068,323		 Incoming
funds
£
1,137,234		 Funds used
£
(1,006,007)
Balance at
31.12.21

£
1,199,550
as follows:
Incoming
resources
£
1,112,202
25,032
1,137,234		 Resources
expended
£
(980,975)
(25,032)
(1,006,007)		 Movement
in funds
£
131,227
-
131,227

continued...

Page 29

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

20. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net movement in funds
Add back depreciation charge
Interest
Decrease / (increase) in stocks
Decrease / (increase) in debtors
(Decrease) / increase in creditors
Net cash used in operating activities		 Group
2022
2021
£
£
149,542 131,227
14,388
8,995
(3,746)
(2,054)
(847)
1,011
(42,550)
(2,232)
53,160 33,250
169,947 170,197		 Charity
2022
2021
£
£
175,467
174,404
12,345
4,846
(3,746)
(2,054)
-
-
(67,280)
(51,778)
41,579
24,178
158,365
149,596

21. OTHER FINANCIAL COMMITMENTS

Contractual commitments for the lease of housing flats, operating premises and vehicle leases contracted for but not provided in the financial statements amounted to £254,195 (2021 - £193,879).

22. RELATED PARTY DISCLOSURES

During the year, Sambuck Limited (a business owned by Mrs Y Buckland, a trustee of Stafford and Cannock League of Hospital Friends) invoiced the charity £5,189 (2021 - £5,152) for consultancy work. The balance at 31 December 2022 was £1,250 (2021 - £1,288).

Mrs M Minns, a trustee of Stafford and Cannock League of Hospital Friends invoiced the charity £nil (2021 - £250) for professional advice.

23. PENSIONS AND OTHER POST-RETIREMENT BENEFITS

The charity operates a defined contribution pension plan for its employees. The amount recognised as an expense in the period was £26,149 (2021 - £24,481).

continued...

Page 30

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

24. STATEMENT OF FINANCIAL ACTIVITIES – COMPARATIVE BY FUND TYPE

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activities
Other trading activities
Investment income
Total
EXPENDITURE ON
Charitable activities
Charitable activities
Fundraising costs
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
14,010
954,974
141,164
2,054
1,112,202
854,290
126,685
980,975
131,227
1,068,323
1,199,550		 Restricted
fund
£
25,032
-
-
-
25,032
25,032
-
25,032
-
-
-		 2021
Total
funds
£
39,042
954,974
141,164
2,054
1,137,234
879,322
126,685
1,006,007
131,227
1,068,323
1,199,550		 2020
Total
funds
£
26,077
832,133
156,091
2,417
1,016,718
793,294
149,762
943,056
73,662
994,661
1,068,323

continued...

Page 31

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Fundraising events
Coffee bar income
Extra hours support
Other income
Investment income
Interest receivable - trading
Charitable activities
Property rental
Total incoming resources
EXPENDITURE
Charitable activities
Other operating leases
Rates and water
Light and heat
Property repairs
Furniture, fittings and refurbishment costs
TV licence
Grants to institutions		 2022
£
3,862
36,750
40,612
-
162,976
-
10,200
173,176
3,746
3,746
1,022,975
1,240,509		 2021
£
4,292
34,750
39,042
470
125,891
3,720
11,083
141,164
2,054
2,054
954,974
1,137,234
304,474
13,029
75,011
12,319
35,300
5,698
163
445,994		 278,820
14,445
85,311
13,696
45,008
9,118
1,705
448,103

This page does not form part of the statutory financial statements

Page 32

STAFFORD AND CANNOCK LEAGUE OF HOSPITAL FRIENDS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Raising funds
Coffee bar direct costs
Support costs
Management
Wages
Social security
Defined contribution pension costs
Other operating leases
Light and heat
Telephone
Repairs and maintenance
Fixtures & fittings
Computer equipment
Motor vehicles
Governance
Accountancy
Legal and professional fees
Finance
Office expenses
Bank charges
Other
Hire of equipment
Motor expenses
Employee travel expenses
Insurance
Computer software and maintenance
Bad debts
Other expenses
Total resources expended
Net income		 2022
£
89,739
89,739
341,862
26,183
26,149
27,252
3,524
8,233
15,579
6,017
2,622
5,749
463,170
20,650
15,464
36,114
16,080
5,163
21,243
1,235
4,428
7,018
3,273
5,955
5,962
6,836
34,707
1,090,967
149,542		 2021
£
68,139
68,139
301,142
20,803
24,481
27,127
5,202
6,209
4,799
4,149
4,846
-
398,758
12,704
14,799
27,503
12,877
3,939
16,816
1,713
4,820
5,988
6,616
5,890
9,160
12,501
46,688
1,006,007
131,227

This page does not form part of the statutory financial statements

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