REGISTERED COMPANY NUMBER: 02740665 (England and Wales)
REGISTERED CHARITY NUMBER: 1014232
REPORT OF THE TRUSTEES AND
AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
FOR
RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
GMP Audlt Limited, Statutory Audltor
82 High Street
Tenterden
Kent
TN30 6JG

RYE, WINCH ELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Report of the Trusteeg
I to 7
R•port of the Independent Audltors
8 to 10
Statement of Flnancial Actlvltles
li
Balanc? Sheet
12 to 13
Cash Flow Statement
14
Notes to the Co9h Flow Staternent
15
Notes to the Flnanclal Statements
16 to 28

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
The trustees who are also directors of the charlty for the purposes of the Companles Act 2006,
present their report with the flnancial statements of the charlty for the year ended 31st March 2025.
The trustees have adopted the provisions of Accounting and Reporting by Charlties: Statement of
Recommended Practice applicable to charities preparing thelr accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and significant activitles
The objects of Rye, Winchelsea & District Memorial Hospltal Limited {the Charlty) are the relief, care
and assistance of people, irrespective of race, creed or colour, who suffer from any form of mental or
physlcal slckness or disability or Infirmity due to old age or who are convalescent, and to promote the
preservation and protection of health for the public beneffit.
Actlvlties are predomlnantly conflned to the 10 acre slte known as the Memorial Care Centre (the
Centre). Wlthln the bounds of the site are five main components:
The Medlcal Cenlre which was developed by Communlty Care Investment let on a 125 year lease
from 6 October 2006 and then sub-let as a GP surgery for a panel of 7,500 patlents,
St Bartholomew's Court, a 55 unlt residential complex, orlglnally let as 30 units to Shaftesbury
Housing Associatlon on a 125 year lease from l January 1994. Designed as an extra care faclllty, over
time it lapsed Into pure social hou51ng. The lease was assigned to Sanctuary Housing Assoclatlon and
through a collaborative dlalogue a major new development has been completed by Ihem which added
25 new single bed units and completely gutted and refurblshed the existing 30 units. 40 of the unlts
are let under a community rental scheme and 15 unlts have been sold as shared equity. All future
occuplers will have an extra care need of up to 20 hours a week under the revlsed terms of the
ground lease from the CharSty,
The Hospital Building. Two thirds of the bulldlng was leased to the Primary Care Trust (PCT) for 10
years expiring on 30 May 2020. The lease was assigned to the East Sussex Healthcare Trust (ESHT)
on l April 2013 as the NHS service provlder, upon the demlse of the PCT. A Deed of Variation has
been executed with the Charlty lo extend the lease to 30 May 2030 with a mutual optlon to terminate
in 2025. Through a number of negotiated changes Since then, ESHT now occupy the whole of the
ground floor with offices on the first floor and now pay a service charge of 870/0. In addition the
Mulual Option to termlnate the lease has been removed and ESHT have a fixed term to 2030, all of
this being embodled In a revised lease which will be shortly executed. The rent payable for Lhe
balance of the term Is fixed at £150k per annum.
The Hub on Rye Hlll. The Charlty acquired this site adjacent to the hospltal in 2016 and obtalned
Planning Consent to build a 5,500 square foot Community Wellbeing Centre (The Hub). Work to build
the site wa5 competltively tendered and won by Jenner at a contract price of just under £2m.
Construction wa5 completed in August 2020 but Impacted by the COVID restrictions. The Hub is
dellvering services In line wlth our charitable objectives, and more services a￿ being developed after
a community needs analysis was carrled out in 2024. The Hub also has a very popular coffee shop
whlch makes it an important community meeting place.
Pa9e I

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 315T MARCH 2025
Objectives and significant activities (continued)
The Care Home Site. The Charity has completed the purchase of a 1,5-acre plece of agricultural
land adj'oining the surgery at the rear of the Centre, with its own acce5S to Rye Hlll for the purpose of
developing a Care Home. Alter competitive review Greensleeves was chosen as the preferred
developer and operator of the proposed Care Home subject to a £1.06m prepayment for the long
leasehold interest, Planning permisslon was obtained for the development of a 60 bed Care Home.
The Charity has delivered the utilitie5 to the sile, as part of it5 commitment, to enable the
development of the project. High inflation and the impact of COVID on the care industry delayed the
start of development, but steps are underway to Improve the chances of it commenclng In the near
future. An important feature of the Ground Lease granted to Greensleeves is their commitment that
2590 of the bed5 will be community subsidised for the benefit of local residents rather than full open
market.
The NHS has had difficulty in recruitlng overseas staff to the hospltal because of problems in finding
affordable living accommodation in Rye. The Charily has leased 3 Forge Mews, capable of housing
three nurses, thereby alleviating the staffln9 pressure.
When plannlng Its attlvlties the Charlty keeps In mlnd the Charity Commlsslon's guSdance on public
benefit and aims to develop and deliver servlces to meet the objectives as set out In the
Memorandum and ArtScles of A550ciatlon.
The Friends of the Hospital at Rye
Prior to the development of the current hospital, It was voluntarlly supported by The Frlends of the
Rye Winchelsea and Distrlct Memorlal Hospital, ralslng fund5 and providing voluntary assistance as a
reglstered charity. When the large scale development of Lhe slte took place between 1992 and 1994 a
separate charity, then called Rye Health and Care Ltd (preceding title of thls Charity) was formed as a
company Ilmlted by guarantee to assume the development rlsk. The two charltles had been mutually
supportive ever slnce but In 2013 they agreed that the tlme was approprlate to merge, Now named
The Frlends of the H05Pltal at Rye (the Friends), It Is a Committee of this Charity assumlng
responslbillty for lialson wlth the staff and fundralslng to allevlate the identified needs of the hospltal.
A rolling programme of fundra15ing actlvltles and events Is conducted by the Friends wlthln the local
communlty. Events are generated ellher from the Charlty's offlces or organised by external
volunteers. In addition, the Charity Seeks income from regular donatlons enhanced by the Gilt Aid
Scheme and appropriate management of its investment a55ets.
Volunteers
The positions of Chairman of the Frlends and the Chalrman of the Fund Raising Sub Commlttee are
unsalaried positions,
The Company Secretary and Senior Administrative Offlcer has been a full time p05t since May 2020,
with 200/0 of her time dedlcated to hospital activities and 80010 to Charlty activities. All fundraising
activities are planned and co-ordinated by and through the aforementioned post, wlth asslstance
appropriate to each activity being provlded solely by unpaid volunteers.
ACHIEVEMENTS AND PERFORMANCE
Charltable activities
The Charity continued during the period under review in Its principal activlty as freeholder of the
Memorlal Care Cenlre. The net surplus for the year, after net gains on investments of £2,009 (2024:
£24,685) wa5 £2,136,338 (2024.. Loss £49,608) after allowing for the depreclatlon and impairment of
the Charity's real property and fittings and fixture5 in a sum of £158,309 {2024: £153,904).The galn
wa5 due to the receSpt of Significant legacy Income.
Page 2

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
Charitable activities {continued}
The Charity owes a duty to the people of Rye, Winchelsea and the surrounding villages to secure the
provision of community hospltal services at the Centre. Hitherto these services have been provided in
partnership with our local PCT and more recently from ESHT but on terms which require a substantial
contribution from the Charity. For example, each year the Charity expends significant funds to carry
out improvements for the benefit of the patients.
Government policy is expressed to be supportive of community hospltals, but the reality is that the
current economic financlal position of many Healthcare Trusts has meant that community hospitals
have had their beds closed to achieve economies. The Charity's strategy Is to develop a strong
working bond with ESHT while retaining significant liquid free reserves to enable it to respond in the
unlikely event that they decide to reduce or, even, withdraw their support. With the completion of the
lease extenslon to ESHT. the Trustees look the view that some of its reserves held against this rlsk
could be released to assist In funding capital projerts.
FINANCIAL REVIEW
Investment policy and objectives
The Board's pollcy is to invest in the estate and facilities to provide the resources necessary to meet
our objective5. Withln that, we aim to ensure our work Is protected In the longer term from the r15k of
disruption due to lack of funds from regular Income.
Once short term fundlng requlrements are met, our ￿MainIng financSal resources are Invested with
long term horizon In mind and with the objectlve of achieving a moderate total return In excess of the
rate of inflation. This aim of preserving the real value of capltal Is done with close regard to what we
conslder lo be an approprlate risk profile and suitable ethical standards (such as prohibiting
Investment in companles producing tobacco products).
In early 2024 the Board transferred its Invested portfolio to the CCLA Charilies Investment Fund.
Investlng on behalf of a large number of charltles, the Fund ha5 an emphasis on equltles, but also
Include5 property, bonds and other asset classes.
During the course of thls flnancial year the Charlty became aware that It would be the fortunate
reclplent of some 5ignlflcant legacies, By the end of the year £175,000 of the sum expected had been
received, and £150,000 of thls had been invested in the CCLA Deposit Fund. Al the end of March 2025
the Investment in the Charlties Investment Fund and the Deposit Fund amounted to £643,421.
Page 3

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED {REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 315T MARCH 2025
FINANCIAL REVIEW
Reserves policy
Our reserve5 policy, which is reviewed annually, identifies an appropriate range for free reserves
(deflned as unrestricted funds excluding fixed assets) of between £0.5m and £1.2m. The range allows
for risks related to an unforeseen drop in income, working capital requirements, and commitments
and long term plans.
The objective Is to ensure that we have sufficlent resources to weather the various operatlng and
strategic risks we face, but also to allow for the future development of our buildings and facilities, and
enhancement of the services we offer.
At the end of the reporting period, the Charity had unrestricted general reserves of £4,889,826
(2024.. £4,553,488), of which £4,952,173 (2024: £5,062,968) relate5 to fixed assets which would
have to be disposed of in order to realise the full fund amount. The amount of free reserves which
exclude the buildlng fund is a deficit of £62,347 (2024: £509,480). However, the Trustees consider it
a true and fair view to utilise the liquld reserves as belng free ￿serveS of the charity. Thls is on the
basls that there 15 a large deferred income balance being released to the Statement of Flnancial
Actlvlties over the term of a lease, but whlch remalns ultimately the Income of the charity and Is
slmply a tlmlng difference.
The Ilquid free reserves of the charlty are £860,687, whlch Is In Ilne with the reserve5 pollcy.The free
reserves include a value of £175,000 which Is designated for use by The Friends of RWDMM Ltd.
Restricted fund5 amounted to £1,800,840, the result of a legacy with a speclflc condltion.
FUTURE PLANS
Comrnunlty Outreach
The Charlty has almost completed its development plans for the Memorlal Care Centre and 15 turnlng
its attentlon to expanding its healthcare outreach into the community. Public Health servlces provided
by Rother District Council and East Sussex County Councll have been greatly restricted due to budget
constralnts and the impact In the community has been slgnlfi'cant.
Charlotte Kneer Jolned the Charlty as CEO at the beglnnlng of thls financlal year, She has spent much
of her first year galnlng a greater understandlng of the needs of the communlty and assessing how
the Charity can use its energy and resources most effectively. Early steps have included the launch of
a cancer café and dementia cafe to 5UPPOrt those experiencing or caring for someone wittt cancer or
dementia. In the first few months of this year a slgniflcanl new initiative ha5 been a collaboration with
Eggtooth, a charity who deliver art psycholherapy to young people experiencing mental ill health
and/or who are neurodiverse. A more recent slep has been worklng In collaboration wlth East Surrey
Healthcare Trust and the Rother Primary Care Network to establish a frallty service. In the next
flnancial year the charity will work with many more providers to make health care Services more
accessible for the local community.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Rye, Winchelsea & Distrlct Memorlal Hospital Llmited is a company limited by guarantee. The
company is governed by its Memorandum and Articles of Association, which set out the objects and
powers of the company and its dlrectors. It also provides for the appointment of new directors.
Recruitment, appolntment and tralDlng of new trustees
Trustees are recruited and appointed from members of the local communlty who wSsh to assist the
Charity. Care is taken to ensure that an appropriate range of skills Is represented.
New trustee5 undergo a short induction programme and are given full formal Induction Pack by the
Chair. Training 15 made available dependent of the needs of the trustee.
Page 4

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Board meets qLJarterly. In addition, it fulfills Its responsibilities through a number of committees
whose members are drawn from the Board and from appropriate community volunteers with relevant
skills. In the case of Fundralsing, participation 15 drawn from the Charity's excellent network of
supporters. The committees meet as often as necessary. During the year these committees
comprised,. Finance & Governance, Propertyi and Friends & Fundraising, with additional worklng
groups focused on Hub Strategy and Integrated Care.
The day to day administration of the Charity is delegated to the Company Secretary and Senior
Administrative Officer, Mrs Francesca Clent.
Wider network
Other than membershlp of the Communlty Hospita15 Assoclatlon, the charity is not a member of
wider network.
Rlsk management
The trustees constantly monitor any risks to which the CharSty may be exposed and are confident that
procedures have been established to manage Lhese risks. A formal Risk Register has been adopted
and is reviewed at each Board Meeting
Fundralsing approach and standards
The Charity raises funds to support the hospiial through a voluntary Fundraising Committee of the
Friends, supported by the Company Secretary and Charity Offlce Manager
The scale of these actlvltles are modest wlth approxlmately ten to twelve events a year with a target
budget of £15k.
The Charity observes the requlrements of the Charities Act 2011 wlth regard to sollcltatlon. Marketing
Is done by use of the website, social medlai prlnted fllers and word of mouth to its regular supporters.
The Charlty also takes care to observe the requlrements of the Data Protection legislation.
REFERENCE AND ADMINISTRATIVE DETAILS
Reg15tered Company number
02740665 (England and Wales)
Reglstered Charity number
1014232
Reglstered office
The Memorial Care Centre
Peasmarsh Road
Rye Foreign, Rye
East Sussex
TN317UD
Page 5

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
Trustees
B M Nealon Chair (retlred 3 December 2024)
R J Blsson - Chair (elected 3 December 2024)
J S Dudfield Vice Chair
Dr M K KondagarS (GP)
Dr R A McNeilly (retired GP)
I Potter
J J Posnette
B P Baker (resigned 3 December 2024)
R Clarke
M H Phillips
PRDale
N J Mcclure {re5igned 6 February 2025)
SLWebb
Honorary appolntments
Patron
Slr Paul Mccartney
President
A Phllllps
Vice President
J M Stevenson
Honorary member
A M Oliphant
Company Secretary
F J Clent
Auditors
GMP Audlt Llmited, Statutory Auditor
82 High Street
Tenterden
Kent
TN30 6JG
Solicltors
Whitehead Monckton
3-4 Market Square
Tenterden
Kent
TN30 68N
Bankers
HSBC
4 Robertson Street
Hastings
East Sussex
TN34 IHW
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustee5 (who are also the dSrectors of Rye, Winche15ea and Distritt Memorial Hospltal Limited for
the purposes of company lawl are responsible for preparlng the Report of the Trustees and the
rinanclal statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practlce).
Page 6

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
STATEMENT OF TRUSTEES. RESPONSIBILITIES - contlnued
Company law requires the trustees to prepare financial statements for each financial year. Under that
law, the trustees have elected to prepare the financlal statements in accordance with United Kingdom
Generally Accepted Accounting Practice (Unlted Kingdom Accounling Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satlsfied
that they glve a true and fair view of the state of affalrs of Ihe charitable company and of the
incoming resources and applicatlon of resources, including the income and expenditure, of the
charitable company for that period, In preparing those financial statements, the trustees are required
to
select suitable accountlng policies and then apply them conslstently;
observe Lhe methods and principles in the Charitles SORP.
make judgements and estimates that are reasonable and prudent;
prepare the flnanclal statements on the golng concern basis unless It Is Inapproprlate to presume
that the charitable company wlll continue in business.
The trustees are responsible for keeplng proper accountlng records whlch dlsclose with reasonable
accuracy at any time the flnanclal position of the charitable company and to enable them to ensure
that Lhe financial statements comply with the Companies Act 2006. They are also responslble for
safeguardlng the assets of the charltable company and hence for taking reasonable steps for the
preventlon and detection of fraud and other irregularltles.
In so far as the trustees are aware:
there Is no relevant audit informatlon of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audlt information and to establish that the audltors are aware of that Information.
Thls report has been prepared in accordance wlth the speclal provisions of Part 15 of the Companies
Act 2006 relatlng to small companies.
Approved by order of the board of trustees on 18th December 2025 and signed on its behalf by..
R J Blsson - Trustee
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
Oplnion
We have audited the financial statements of Rye, Wlnchelsea and District Memorial Hospital Limited
(the 'charitable company,) for the year ended 31st March 2025 which comprlse the Statement of
Financial Actlvities, the Balance Sheet, the Cash Flow Statement and notes to the financial
statements, including a summary of slgnificant accounting policies. The financlal reporting framework
that has been applled in their preparation is applicable law and United Kingdom Accounting Standards
{United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charltable company's affalrs as at 31st March 2025 and
of Its incoming resources and appllcation of resources, including it5 income and expenditure, for the
year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance wlth the requlrements of the Companies Act 2006.
Bag1$ for oplnlon
We conducted our audlt In accordance wlth International Standards on Auditing (UK) (ISAS (UK)) and
appllcable law. Our re5ponsibllltles under those standards are further described In the Auditors,
responsibilitie5 for the audit of the flnancial statements Section of our report. We are independent of
the charltable company in accordance with the ethical requirements that are relevant Lo our audll of
the financial statements In the UK, including the FRC'S Ethical Standard, and we have fulfilled our
other ethical responsibilities in accordance wlth these requirements.
We believe that the audit
evidence we have obtalned Is surricient and appmprlate to provlde a basls for our opinion.
Conclusions relating to golng concern
In audltlng the financlal statements, we have concluded that the trustees, use of the golng concern
basis of accounting in the preparation of the flnancial statements Is appropriate,
Based on the work we have performed, we have nol Identified any material uncertainties relating to
events or conditlon5 that, individually or collectivelyi may cast slgnificant doubt on the charitable
company's ability to continue as a golng concern for a period of at least twelve months from when the
rinancial statements are authorised for issue,
Our responsibilities and the responsiblllties of the trustees wlth respect to go￿ng concern are described
In the relevant sectlons of thls report,
other information
The trustees are responsible for the other information. The other Information comprises the
information Included in the Annual Report, other than the financial statements and our Report of the
Independent Audltors thereon.
Our oplnlon on the financial statements does not cover the other informatlon and, except to the
extent otherwise expllcltly stated In our report, we do not express any form of assurance conclusion
thereon,
In connectlon wlth our audit of the flnanclal 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 appear5 to be materially
misstated. If we identify such material incons1Stencies or apparent material mlsstatements, we are
required to determine whether this gives rise to a material mi55tatement in the financial statements
themselves. If, based on the work we have performed, we conclude that there is a material
misslatement 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
RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
Matters on which we are required to report by exception
We have nothing to report in respett of the following matters where the Charities (Accounts and
Reports) Regulations 2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustees is inconsistent in any material respect with the
rinancial statements,. or
the charitable company has not kept adequate accounting records. or
the financlal statements are not in agreement with the accounting records and returns. or
we have not received all the Information and explanations we require for our audit.
Responsibllities 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 responslble for the
preparatlon of the financial statements and for being satisfled that they give a true and fair vlew, and
for such internal control as the trustees determine is necessary to enable the preparation of financial
statements that are free from material mlssLatement, wheLher due to fraud or error.
In preparing the financial statements, the trustees are ￿spOnsible for assessing the charitable
company'5 ablllty to continue as a going concern, disclosing, as appllcable, matters related to going
concern and using the going concern ba515 of accounting unless the trustees elther intend to Ilquidate
the charltable company or to cease operatlons, or have no realistic alternative but to do so.
Our responsibilities for the audit of the flnanclal statements
We have been appoinled as auditors under Section 144 of the Charltles Act 2011 and report In
accordance with Lhe Act and relevant regulations made or having effect thereunder.
Our obJecLives are to obtain reasonable assurance about whether the financlal sialements 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) wlll always detecl a
material mlsstatement when it exists. Misstatements can arise from fraud or error and are considered
material If, indivitdually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of Ihese financial statements.
The extent to which our procedure5 are capable of delecting irregularlties, including fraud is detailed
below..
Discussion5 Wlth the trustees whlch included consideration of known or suspected Instances of
non-compllance with laws and regulatlons and fraud.
Reviewing, evaluatin9 and testing systems and controls to assess thelr e￿ectiveness to prevent and
detect irregularitles.
Identifyingi reviewing and testlng of journal entries,
Challenging assumptions and J'udgements made by the trustees in respect of slgnlflcant accounting
estimates.
Reviewlng minutes of Trustee Meetlngs for known or suspected Instances of non-compliance wlth
laws and regulatlons and fraud.
There are Inherent limitations in the audlt procedures described above and the further ￿MOVed
non-compliance with laws and regulations 15 from the events and transactions reflected in the
financlal statements, the less likely we would become aware of it. Also, the risk of not detecting a
material misstatement due to fraud is higher than the risk of not detecting one resultlng from error,
as fraud may involve deliberate concealment by, for example, forgery or Intentional
misrepresentatlons, or through collu5i0n.
A further description of our responsibilities for the audit of the financial statements Is located on the
Financial Reporting Councll's website at www,frc.org.uk/auditorsresponsibilitie5. This description
fomis part of our Report of the Independent Auditors.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
RYE, WINCHEL5EA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
Use of our report
Thls report is made solely to the charitable company's trustees, as a body, in accordance with Part 4
of the Charltles (Account5 and Reports) Regulations 2008. Our audlt 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 responslbility 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.
for and on behalf of GMP Audlt Limited, Statutory Audltor
Ellgible to act as an audltor in terms of Section 1212 of the Companles Act 2006
82 High Street
Tenterden
Kent
TN30 6JG
19th December 2025
Page 10

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND expeNDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted Restrltted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
525,468 1,800,000 2,325.468
60,036
Charitable actlvities
Premises costs
Hub on the Hill
514,344
47.924
514,344
47,924
488,729
36,600
Other trading activities
Investment income
97,348
2,563
97.348
2.563
81,597
11,633
Total
1,187,647 1,800,000 2,987,647
678,595
EXPENDITURE ON
Raising funds
37,379
37,379
43,245
Charltable activlties
Premises costs
Grants payable
Hub on the Hill
Wellbeing actlvltles
645,992
5,300
164,647
645,992
5,300
164,647
515,192
5,742
163,709
25,000
Total
853,318
853,318
752,888
Net gains on Investments
2,009
2,009
24,685
NET INCOMEI(EXPENDITURE)
336,338 1,800,000 2,136,338
(49,608)
RECONCILIATION OF FUNDS
Total funds brought forward
4,553,488
840 4,554,328
4,603,936
TOTAL FUNDS CARRIED FORWARD
4,889,826 1,800.840 6,690.666
4,554,328
The notes form part of these financial statements
Page 11

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
BALANCE SHEET
31ST MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible a55ets
Investments
Investments
Investment property
15 4,952,173
4,952,173
5,062,968
16
17
643,421
643,421
494,759
5,595,S95
5,595,595
5,557,728
CURRENT ASSETS
Debtors
Cash at bank and In hand
18
348,630 1,800.000 2,148,630
216,426
840
217,266
95,433
202,238
565,056 1,800,840 2,365,896
297,671
CREDITORS
Amounts lalllng due wSthln one year
19
(79,627)
{79,627)
(99,553)
NET CURRENT ASSETS
485,429 1,800,840 2,286,269
198,118
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,081,024 1,800,840 7,881,864
5,755,846
CREDITORS
Amounts falling due after more than one
year
20 (1,191.198)
(1,191,198) (1,201,518)
NEf ASSETS
4,889,826 1,800,840 6,690,666
4,554,328
FUNDS
Unrestricted funds
Restricted funds
22
4,889,826
1,800,840
4,553,488
840
TOTAL FUNDS
6,690,666
4,554,328
The charltable company is entltled to exemptlon from audit under Section 477 of the Companies Act
2006 for the year ended 315t March 2025.
The members have not dep051ted notlce, pursuant to Sectlon 476 of the Companles Act 2006
requirlng an audit of these flnanclal statements,
The trustees acknowledge thelr responsibllltles for
(a)
ensuring that the charltable company keeps accounting records that comply wlth Sections 386
and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and falr vlew of the State of affairs of the
charitable company a5 at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which
otherwise comply with the requirements of the Companies Act 2006 relatin9 to flnancial
statements, so far as appllcable to the charitable company.
The notes form part of these financial statement5
Page 12
continued...

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED (REGISTERED NUMBER: 02740665)
BALANCE SHEET - contlnued
31ST MARCH 2025
These financial statements have been audited under the requirements of Section 145 of the Charities
Act 2011.
These fi'nancial statements have been prepared in accordance wlth the provisions applicable to
charitable companies subject to the small companies reglme.
The financial statements were approved by the Board of Trustees and authori5ed for i55ue on
18th December 2025 and were signed on Its behalf by..
R J Blsson Trustee
The note5 form part of these financial Statements
Page 13

RYE. WINCHELSEA AND DISTRICT
MeMORIAL HOSPITAL LIMITED
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2025
2025
2024
Note5
Cash flows from operating actlvltieg
Cash generated from operation5
206,632
35,433
Net cash provlded by operating actlvities
206,632
35,433
Cash flows from investing activltles
Purchase of tangible fixed assets
Purchase of flxed asset investments
Sale of tangible fixed a55ets
Sale of flxed asset Investments
Interest received
Divldends recelved
(47.514)
{636,572)
(127,442)
(30,905)
700
26,019
1,880
9,753
489,919
2,199
364
Net cash used In investlng activitles
(191,604)
(119,995)
Change in ush and cash
equivalents In the reportlng
period
Cash and ¢a$h equlvalent• at the
beglnnlng of the reportlng period
15,028
(84,562)
202,238
286,800
Cash and cash equivalents at the
end of the reporting perlod
217,266
202,238
The notes form part of these financial statements
Page 14

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2025
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2025
2024
Net income/(expenditure) for the reportlng period (as
per the Statement of Flnancial Activitles)
Adjustments for..
Depreclation charge5
Gain on Investments
Proflt on disposal of fixed assets
Interest received
Dlvldends received
Increase in debtors
(Decrease)/increase In creditors
2,136,338
(49,608)
158,309
(2,009)
153,904
(24,6851
(700)
(1,880)
(9,753)
(54,425)
22,580
(2,199)
(364)
(2,053.197)
(30,246)
Net eash provlded by oper•tlons
206,632
35,433
ANALYSIS OF CHANGES IN NET FUNDS
At 114124
Cash flow At 3113125
Net cash
Cash at bank and In hand
202,238
15,028
217,266
202,238
15,028
217,260
Total
202,238
15,028
217,266
The notes form part of these financial statements
Page 15

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
STATUTORY INFORMATION
Rye, Winchelsea and District Memorial H05Pltal Limited 15 a prlvate charitable company limited
by guarantee, registered in England and Wales. The company'5 registered number and
registered office address can be found in the reference and administrative details In the Report
of the Trustees.
ACCOUNTING POLICIES
Basis of preparlng the financial statements
The financial statement5 of the charitable company, which Is a public benefit entity under FRS
102, have been prepared in accordance wlth the Charities SORP (FRS 102) 'Accountlng and
Reporting by Charities., Statement of Recommended Practice applicable to charities preparing
their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102
'The Flnancial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financlal statements have been prepared under the hlstorical cost
convention, wlth the exception of Investments which are included at market value, as Modified
by the revaluatlon of certain assets,
Income
All income 15 recognised In the Statement of Financlal Actlvitles once the charlty has
entltlement to the funds, it is probable that the Income wlll be received and the amount can be
measured rellably.
Fees, contributions and grants comprlse of amounts recelvable during the year.
Receipt of a legacy, in whole or In part, is only consldered probable when the amount can be
measured reliably and the charity has been notified of the executorj
intention to make a
distributlon. Where legacles have been notlfled to the charity, or the charlty is aware of the
grantlng of probate, and the crlteria for income recognltion have not been met, then the legacv
is treated as a contingent asset and disclosed If materlal,
The value of donated Items is recognised when the a550Clated raffle or auction has taken place
through the receipt af funds from these events,
The valuable time glven by volunteers tOV4ards the charltles objectives Is not valued for the
purposes of these financial slatements.
Investment Income Is recognlsed in the flnancial statement5 when receivable.
The lease premlum Income has been deferred over the period of the lease on a straight line
basls.
Expenditure
Liabilities are recogni5ed as expenditure as soon as there Is a legal or constructive obligation
committing the charity to that expendilure, It is probable that a transfer of economlc benefits
will be required in settlement and the amount of the obligatlon can be measured reliably.
Expenditure is accounted for on an accruals basls and has been classified under headings that
aggregate all cost related to the category. Where costs cannot be directly attrlbuted to
particular headings they have been allocated to activities on a basi5 corisistent with Lhe use of
resources,
Costs in furtherance of the cttaritable objectives are th05e that relate dlrectly to the upkeep and
maintenance of the hospltal includlng salaries.
Page 16
continued...

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES - continued
Expenditure
Fundraising expenditure represents the dlrect costs of fundralslng and includes the 5alarle5 and
other direct costs of fundraising staff. Publicity cosls directly related to fundraising are included
in the fundraising costs.
Management and administratlon cost5 include office costs and other expenditure Including
salaries.
Tangible fixed assets
Fixed assets are recorded at cost or, In cases where assets have been donated, at the valuation
at the tlme of the acquisition,
Depreciation is provided at the followlng annual rates In order to write off each assets over its
useful economic life..
Freehold buildings
Freehold bulldlngs - refurblshment
costs
Assets In the course of construction
Furniture and equlpmenl
straight Ilne over 100 years
IOO/o or 20Vo on cost
not deprecSated untll brought into use
IOOlo on cost
No depreciatlon Is provlded on freehold land.
Investments
Listed investments are Included at market value at the year end. Gains and 1055es on disposal
and revaluation of investments are charged or credlted to the Statement of Flnancial Activities.
Investment property
Investment property is shown at most recent valuatlon. Any aggregate surplus or deficit arislng
from changes in fair value is recognlsed in the Statement of Financial Actlvltles.
Taxatlon
The charlty is exempt fmm corporation tax on its charltable actlvltles.
Fund accounting
Unrestricted funds can be used In accordance with the charitable objectlves at the di5cretlon of
the trustees.
Restrlcted funds can only be used for particular restrlcted purposes Wlthin the objects of the
charity, Restrlctions arise when specified by the donor or when funds are raised for particular
restrlcted purposes.
In the trustees oplnlon, where no restrlctlons are placed, the Incoming resources and resources
expended are all derived for the benefit of running the hospltal premises. Therefore the
trustees choose to classify this income and expenditure as unrestricted.
Designated funds comprlse unrestricted funds that have been set aslde by the trustees for
particular purpose5,
Debtors
Trade and other debtor5 are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid at the year end after taking account of
any trade discount5 due.
Page 17
Continued...

RYE, WINCHELSEA AND DISTRIcr
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES - continued
Creditors and provisions
c￿dItorS 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 thlrd party and the
amount due to settle the obllgation can be measured or estimated reliably, Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade
discounts due,
Operating lease agreements
Rentals appllcable to operating leases Whe￿ substantially all of the benefits and rlsks of
ownership remaln wlth the lessor are charged agalnst profits on a straight Ilne basis over the
perlod of the lease.
Pension cost$ and other post-retirement beneflts
The charitable company operate5 a defined contribution pen5i0n scheme.
Contributlons
payable to the charitable company's pension scheme are charged to the Statement of Financial
Activlties in the perlod to which they relate.
DONATIONS AND LEGACIÉS
2025
2024
Donation5
Glft aid
Legacles
Other Income
9,097
740
2,289,159
26,472
16,086
4,614
15,193
24,143
2,325,468
60,036
OTHER TRADING ACTIVITIES
2025
2024
Fundraising event5
Hub on the Hlll Cafe
20,723
76,625
17,568
64,029
97,348
81,597
INVESTMENT INCOME
2025
2024
Fixed asset investments
Deposit account Interest
364
2,199
9,753
1,880
2,563
11,633
Page 18
continued.

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Activity
Running costs recharged
to the ESHT
ESHT rent and
management tharges
Other rents receivable
other costs recharged
Licence fees
Premises costs
232,053
212,547
Premlses costs
Premises costs
Premises costs
Hub on the Hill
160,000
119,712
2,579
47,924
155,843
117,643
2,696
36,600
562.268
525,329
RAISING FUNDS
Ralslng donations and legacles
2025
2024
Other fundraising costs
4,568
6,163
other tradlng activities
2025
2024
Purchases
28,720
33,011
Investment management costs
2025
2024
Portfollo management
4,091
4,071
Aggregate amounts
37,379
43,245
CHARITABLE ACTIVITIES COSTS
DSrect
Costs (see
note 9)
Support
costs (see
note 10)
Totals
Premlses costs
Grants payable
Hub on the Hill
513,282
5.300
155,110
132.710
645,992
5,300
164,647
9,537
673,692
142,247
815,939
Page 19
continued...

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Other operating leases
Rates and water
Insurance
Light and heat
Telephone
Advertising
Running costs recharged to the ESHT
Contributlon to Sara Lee Trust running costs
Running costs not recharged
Bad debts
Maintenance
Licences
Cleanlng
Donations
Legal fees
Depreclation
L055 on sale of assets
187,98S
20.400
8.312
4,380
7,030
3,098
132
152,713
5,300
50,015
226
36,371
898
12,595
25,928
169,835
20,400
10,889
4,716
9,261
2,794
179
149,542
5,300
32,102
{470)
21,506
916
13,620
19,908
25,000
153,904
{700)
158,309
673,692
638,702
10. SUPPORT COSTS
Governance
costs
Management
Totals
Premises cost5
Hub on the Hill
117,159
2,258
15,551
7.279
132,710
9.537
119,417
22,830
142,247
Support costs, included In the above, are as follows:
Management
2025
Total
actlvltles
2024
Total
activitles
Premlses
costs
Hub on
the Hlll
Wage5
Soclal security
Pen5i0ns
Offlce costs
Other expenses
Webslte costs
92,527
10,064
2.775
7,051
4,742
92,527
10,064
2,775
7,794
4.973
1,284
32,363
3,262
971
2,483
11,653
467
743
231
1,284
117,159
2,258
119,417
51,199
Page 20
continued.

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HosprrAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
10. SUPPORT COSTS - continued
Governance costs
2025
Total
actlvities
2024
Total
activltle5
Premlses
costs
Hub on
the Hill
Auditors, remuneratlon
Bank charges
Legal fee5
6,851
297
8,403
6,323
908
13,174
1,205
8,451
9,682
1,444
8,616
15,551
7,279
22,830
19,742
11. NET INCOME/(EXPENDITURE)
Net Income/(expenditure) Is stated after charglng/(crediting)',
2025
2024
Audltors, remuneratlon
Depreciation owned assets
Olher operatlng leases
Surplus on disposal of fixed assets
13,174
158,309
20,400
9,682
153,904
20,400
(700)
12. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31st March 2025 nor
for the year ended 31st March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31st March 2025 nor for the year
ended 31st March 2024.
13. STAFF COSTS
2025
2024
Wages and Salaries
Social security costs
Other pension costs
261,927
24,770
6,654
186,073
15,641
4,717
293,351
206,431
The average monthly number of employees during the year was a5 follows:
2025
2024
Operation of the charity
Operation of Hub
No employees received emoluments in excess of £60,000.
Page 21
continued...

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
13. STAFF COSTS - continued
The key management personnel of the charity comprise the trustees and the Chief Executive
Officer, The total employee benefits of the key management personnel were £64,146 {2024:
Nll),
14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restrlcted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacles
60,036
60,036
Charitable actlvltles
Premises costs
Hub on the Hill
488,729
36,600
488,729
36,600
Other trading activities
Investment income
81,597
11,633
81,597
11,633
Total
678,595
678,595
EXPENDITURE ON
Ralslng funds
43,245
43,245
Charitable activitles
Premises costs
Grants payable
Hub on the Hill
Wellbeing activitles
515,192
5,742
163,709
25,000
515,192
5,742
163,709
25,000
Total
752,888
752,888
Net galns on investments
24,685
24,685
NET INCOME/(EXPENDITURE)
(49,608)
(49,608)
RECONCILIATION OF FUNDS
Total fund5 brought forward
4,603,096
840
4,603,936
TOTAL FUNDS CARRIED FORWARD
4,553,488
840
4,554,328
Page 22
continued...

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
15. TANGIBLE FIXED ASSETS
Fixtures
and
rittings
Freehold
property
Totals
COST
At 1st April 2024
Additions
6.308,316
346,695 6,655,011
47,514
47.514
At 31st March 2025
6.308,316
394,209 6,702,525
DEPRECIATION
At 1st April 2024
Charge for year
1,364,774
133,925
227.269 1,592,043
24,384
158.309
At 31st March 2025
1,498,699
251,653 1,750,352
NET BOOK VALUE
At 31st March 2025
4,809,617
142,556 4,952,173
At 31st March 2024
4,943,542
119,426
5,062,968
Included In cost or valuation of land and buildin95 Is freehold land of £273,266 (2024
£273,266) which Is not depreciated.
16. FIXED ASSET INVESTMENTS
Cash held
Llsted
for
investments Investments
Totals
MARKET VALUE
At 1st Aprll 2024
Additions
Disposals
Revaluation5
473,944
20,815
494,759
486,554
150,018
636,572
(473,944) (20,815) (494,759)
6,849
6,849
At 31st March 2025
493.403
150,018
643,421
NET BOOK VALUE
At 31st March 2025
493,403
150,018
643,421
At 31st March 2024
473,944
20,815
494,759
The￿ were no Snvestment assets outslde the UK.
There were no investment assets outside the UK,
Page 23
continued...

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
17. INVESTMENT PROPERTY
FAIR VALUE
At 1st April 2024
and 31st March 2025
492,744
AMORTISATION
At 1st April 2024
and 31st March 2025
492,743
NET BOOK VALUE
At 31st March 2025
At 31st March 2024
Included in Investment properly Is freehold land valued at £1 (2024 - £1).
The freehold land acquired during the year ended 31 March 2019 wa5 subsequently leased to a
Trust for a period of 125 years for the constructlon and runnlng of a care home, at a premium
of £1,060,000. In the Trustee5' opinion the land has no open market value and Its falr value
has therefore been reduced to £1.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtor5
VAT
Prepayments and accrued Income
22,339
2,114,159
7,934
4,198
60,575
7,671
27,187
2,148,630
95,433
19. CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade credltors
Soclal security and other taxes
Other creditors
Accrua15 and deferred income
21,583
6,117
6,791
45,136
40,070
3,651
5,968
49,864
79,627
99,553
The company acquired the freehold land on 6 October 2006 at a cost of £250,000.
proportion of this has been leased to a GP practlce on a 125 year lease at a premlum of
£230,000.
On 6 November 2018 the company leased a further area of freehold land to a Trust for the
construction of a care home at a premium of £1,060,000, for a period of 125 year5.
The above premiums have been deferred and are being released to the Statement of Financial
Activitie5 on a straight line basis over the term of the lease. The amount of deferred income
brought forward and released in the year was £10,320 (2024.. £10,320). No further income
has been deferred in the current year (2024.. £nil).
Page 24
continued.

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
19. CREDITORS: AMOUNTS FALLING DUE WThHIN ONE YEAR- continued
In addition to the above deferred income is a150 included for rental invoice5 raised during the
year that relate to the following period, The deferred income brought forward and released in
the year was £19,075 (2024: £19,075); and income that has been received during the year and
deferred was £21,631 (2024: £21,631).
The deferred elements are shown within other creditors both in short term and creditors,
amounts falling due after more than one year.
20. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Deferred income
1,191,198
1,201,518
21. LEASING AGREEMENTS
MSnlmum lease payments under non-cancellable operatlng leases fall due as follows.,
2025
2024
Within one year
20,400
18,700
Lease payments recognlsed as an expense in the year were £20,080 {2024'. £20,080).
Mlnlmum lease receipts under non-cancellable operatlng leases lall due as follows:
2025
2024
withln one year
Between one and five years
In more than flve years
266.400
986,400
7,734,067
266,400
986,400
7,980,667
8,986,867
9,233,467
Included wilhin the above disclosure is future minimum operatlng lease commitments relating
to three properties.
One of the propertles owned by the charity and leased to a thlrd party is done so under a
non-cancellable lease of 125 years which is due to expire in 94 years. The total future
minimum lease commitment for this property is £8,140,400, of which £7,707,400 is receivable
In more Lhan 5 years. The rental income from thls lease will increase by the Retall Price Index
(RPI) each year and therefore it has not been dlscounted.
Page 25
continued,.,

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
22. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
3113125
At 114124
Unregtricted funds
General fund
Fixed assets
(509,481)
5,062.969
494,647
(158,309)
(47,514) (62,348)
47,514 4,952,174
4,553,488
336,338
4,889,826
Restricted fundg
Nurses fund
District nurses fund
Capltal development fund
779
61
779
61
1,800.000
1.800,000
840 1,800,000
1,800,840
TOTAL FUNDS
4,554,328 2,136,338
6,690,666
Net movement In funds, included In the above are as follows..
Incoming
resources
Re50urce5
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
Fixed assets
1,187,647
(695,009)
(158,309)
2,009
494,647
(158,309)
1,187,647
(853,318)
2,009
336,338
Restrlcted funds
Capital development fund
1,800,000
1,800,000
TOTAL FUND5
2,987,647
{853,318)
2,009 2,136,338
Comparatives for movement In lunds
Net
movement
in funds
Transfers
between
funds
At
3113124
At 114123
Unrestricted funds
General fund
Fixed asset5
(486,335)
5,089,431
103,596
(153,204)
(126,742) (509,481)
126,742
5,062,969
4,603,096
(49,608)
4,553,488
Restrlrted funds
Nurses fund
District nurses fund
779
61
779
61
840
840
TOTAL FUNDS
4,603,936
(49,608)
4,554,328
Page 26
contlnved.,.

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
22. MOVEMENT IN FUNDS - continued
Comparatlve net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted fund$
General fund
Flxed assets
678,595
(599,6841
(153,204)
24,685
103,596
(153,204)
678,595
(752,888)
24,685
(49,608)
TOTAL FUNDS
678,595
{752,888)
24,685
(49,608)
A current year 12 months and prior year 12 months comblned position is as follows:
Net
movement
In funds
Transfers
between
funds
At
3113125
Al 114123
Unrestricted funds
General fund
Fixed assets
(486,335)
5,089,431
598,243
(311,513)
(174,256)
174,256
(62,348)
4,952,174
4,603,096
286,730
4,889,826
Restrlcted fundg
Nurses fund
Distrlct nurses fund
Capital development fund
779
61
779
61
1,800,000
1,800,000
840
1,800,000
1,800,840
TOTAL FUNDS
4,603,936
2,086,730
6,690,666
A current year 12 months and prior year 12 months combined net movement In funds, Included
in the above are as follows.,
Incoming
resources
Resources
expended
Galns and
losses
Movement
In funds
Unrestricted funds
General fund
Fixed assets
1,866,242 (1,294,693)
(311,513)
26,694
598,243
(311,513)
1,866,242 (1,606,206)
26,694
286,730
Restricted funds
Capital development fund
1,800,000
1,800,000
TOTAL FUNDS
3,666,242 {1,606,206)
26,694
2,086,730
Flxed asset5 have been separately designated to show the free reserves position at the balance
sheet date.
Page 27
contlnued,.

RYE, WINCHELSEA AND DISTRICT
MEMORIAL HOSPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
22. MOVEMENT IN FUNDS - continued
Amounts donated to the Nurse5 by patlents, relatives and friends, are held in a separate fund.
This is spent on refreshments and an annual party. Slmilarly there is a fund for the District
Nurse5.
The Capital Development Fund 55 a restrlcted fund whlch is entirely due to a generous legacy
notified to the Charity durlng the course of the year. This will be used for future appropriate
capltal development projects
23. RELATED PARTY DISCLOSURES
Mr B Nealon, a trustee, Is the chairman of Rye & Dlstrlct Communlty Transport, a charity to
which Rye, Winchelsea And Dlstrict Memorial Hospltal donated £10,000 (2024.. £10,000) In the
year.
Total donatlons recelved from trustees In the year wlthout condltlons was £210 (2024: £958).
Total donatlons received with conditions was £nil (2024 - £nil).
24. ULTIMATE CONTROLLING PARTY
The charlty is controlled by the board of trustees.
25. CONTINGENT ASSETS
As at 31 March 2025 the charity has been made aware of legacy recelpts due to the charity.
Where there is uncertainty as to the amount of the legacy and It cannot be reliably estlmated,
the legacy ha5 been included as a contingent asset,
Page 28