2020-12-31-accounts - The Friends Of The Chelsea And Westminster Hospital

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Notes	Unrestricted	Restricted	Total t	Total
		Funds	Funds	Funds	Funds
		2020	2020	2020	2019
INCOME AND ENDOWMENTS FROM
GENERATED FUNDS
Donations and Legacies:
Subscriptions, donations and grants Other trading activities:		5.1,938	22,648	74,586	61,467
Fundraising appeals Income &om charitable trading activities	2 3	35 9,050		35 9,050	8,792 39,659
Commercial trading activities Income &om Investments	4 5	7,560 6,426		7,560 6,426	14,400 9,185
Total income and endowments		75,009	22,648	97,657	133,503
EXPENDITURE
Expenditure on Raising funds:
Fundraising appeals Charitable trading activities Commercial trading activities Expenditure on charitable activities!	2 3 4	686 1,441		686 1,441	7,074 2,485 1,404
Cost ofgrant making		65,982	22,648	88,630	I 83,509'-
Total resources expended		68,109	22,648	90,757	94,472
NET INCOMING RESOURCES BEFORE
OTHER RECOGNISED GAINS AND LOSSES		6,900		6,900	39,031
Other recognised gains and losses:
Net (loss)/gain on investments	10	(19,715)		(19,715)	29,543
NET MOVEMENT IN FUNDS		(12,815)		(12,815)	68,574
Reconciliation offunds:
Fund balances at 1stJanuary 2020		394,886	57,192	452,078	383,504
Fund balances at31stDecember 2020	14	$382,071	f57,192	F439,263	Z452,078

	COMPARATIVES	R ENDED	31DECEM	BER 2020
		Notes	Unrestricted	Restricted	Total	~
			Funds	Funds	Funds
			2019	2019	2019
,	INCOME AND ENDOWMENTS FROM
	GKNERATKD FUNDS
	Donations and Legacies:
	Subscriptions, donations and grants		61,467		61,467
	Other trading activities:
	Fundraising appeals	. 2	8,792		8,"/92
	Income from charitable trading activities	3	39,659		39,659
	Commercial trading activities	4	14,400		14,400
	Income from Investments	5	9,185		9,185
	Total'income and endowments		133,503		133,503
	EXPENDITURE
	Expenditure on Raising funds:
	Fundraising appeals	2	1,901	5,173	7,074
	Charitable trading activities	3	2,485		2,485
	Commercial trading activities	4	1,404		1,404
	Expenditure on charitable activities:
	Cost ofgrant making		83,509		83,509
	Total resources expended		89,299	5,173	94,472
'	NET INCOMING/(OUTGOING) RESOURCES BEFOREOTHER RECOGNISED GAINS AND		44,204	(5,173)	39,031
	LOSSES
	Other recognised gains and losses:
	Net (loss)/gain on investments	10	29,543		29,543
	NET MOVEMENT IN FUNDS		73,747	(5,173)	68,574
	Reconciliation offunds:
	Fund balances at 1stJanuary 2019		321,139	62,365	3.83,504
	Fund balances at31stDecember 2019	14	6394,886	f57,192	/452,078

						'
				Group			Charity
			Notes	2020		2019	2020	2019
FIXEDASSETS
Tangible assets			9
Investments			10	301,207		341,112	301,209	341,114
				301,207		341,112	301,209	341,114
CURRENT ASSETS
Stock Debtors Cash at bank and	in hand		11 12	547 4,239 145,179		13 5,607 123,290	547 14,398 133,722	13 13,926 113,714
CREDITORS:	Amounts	falling due		149,965		128,913	148,667	127,656
within one year			13	(11,909)		(17,947)	(10,613)	(16,692)
NET CURRENT ASSETS/(LIABILITIES)				138,056		110,966	138,054	110,964
NET ASSETS				&39,263	'	5452,078	f439,263	6452,078
Restricted Funds Unrestricted Funds				57,192 382,071		57,192 394,886	57,192 382,071	57,192 394,886
TOTAL FUNDS			14	6-'l39,263		6452,078	f439,263	A52,078

HK YEAR ENDED 3	BER 2020
				1
	Unrestricted	Restricted	Total	Unrestricted
SUBSCRIPTIONS, DONATIONS '	Funds	Funds		Funds
AND GRANTS			,202%	2019
Donations received Subscriptions received Legacies and Trusts received Coronavirus Job Retention Scheme	3,936 3,523 . 22,641 21 838	22,648	26,584 3,523 22,641 21 838	7,049 3,647 50,771
	651,938	822648,	574,586	561,467

	amount to:				arc	, u not valu	ed
	Trolley volunteers- Up to 4	hours	per week
	P Connolly-counting takings
	Library rounds- 6hours per	week
	Average hours per week Librarian		volunteers	—3
	Averages hours per week-Bric aBrac-4
	Hours on other fundraising	appeals-10
	The Friends office is granted fice		ofcharge	to the Charity.
2	FUNDRAISING APPEALS- UNRESTRICTED FUNDS			Proceeds	Organisers Costs	2020 Net	2019 Net
	Christmas Fair Summer Fair Concert Valentines Raffle			35		35	3,448 814 795
	Carol Service						1 833
				f35		f35	66,890
	FUNDRAISING APPEALS-
	RESTRICTED FUNDS				Organisers	2019	2019
			Proceeds		Costs	Net	Net
	Butterfly Rooms/Gala Dinner						~5173
							K(5,173)
3	CHARITABLE TRADING ACTIVITIES		Proceeds		Costs	2020 Net	2019 Net
	Traders' licence fees Pop up shop/Ebay Bric-a-brac Library SSGCard Sales Christmas card sales			3,589 328 691 3,754 180 508	132 75 479	3,457 328 691 3,679 180 29	15,320 2,492 -2,885( 14,642 185 . 1650
				K9,050	f.686	68,364	F37,174

			2020	2019
SIJIvS'IARY PROFIT AND LOSS A'CCOUNT
Rental income			7,560	14,400
Administrative	expenses		(1,441)	(1,404)
Net profit			6,119	12,996
Amounts gifted	to the charity		(6,119)	(12,996)
Retairied in the	subsidiary
The assets and	liabilities ofthe subsidiary	were:
Current assets			14,457	11,976
Creditors: Amounts falling due within one		year	(14,455)	(11,974)
Total net assets
Aggregate share capital and reserves

receivable is unsecured, interest &ee and has no fixed dat	e ofrepayment.
	2020	2019
INVESTMENT INCOME
Income &om Fixed Asset Investments	6,255	8,835
Interest on cash deposits	171	350
	K6,426	E9,185

GRANTS PAYABLK		Unrestricted	Restricted	Total	Unrestricted	Restricted
		Funds	Funds		Funds	Funds
		2020	2020	2020	2019	2019
Burns Unit		613		613
.Children's Music Therapy					92
Communications Department-for
Friends Christmas Cheers Awards
and Best Decorated Ward prize Covid-19 Refreshments for					950
Hospital Staff Friends Wellness Centre Human Resources Lord Wigram Ward		5,000 1,666 637	2$,648	27,648 1,666 637	10,500 500
Paediatric Physiotherapy Palliative Care-Butterfly Patient Support Physiotherapy Outpatient Nell Gwynne Ward,	Rooms	(130) (3,591)		(130) (3,591)	965 978
Therapy/Stroke Unit Women &Children (Maternity)					3,500 502
		4,195	22,648	26,843	17,987
Support cost (Note 7)		61,787		61,787	65,522
		65,982	22,648	88,630	83,509

6	GRANTS PAYABLE	GRANTS PAYABLE	(continued)	(continued)	(continued)		2020		2019
	Reconciliation	ofgrants payable:
	Commitments	at 1January		2020			13,073		36,105
	Commitments	made in	the	year		32,042		17,987
	Grants cancelled					,(5,199)
	Grants payable	for the	year				26,843		17,987
	Grants paid during the-year						(31,873)		(41,019)
	Commitments	at 31December 2020
	payable within	one year (Note 13)					K8,043		f.13,073
								2020	2019
7	SUPPORT COSTS
	Promotion and marketing								2,885
	Salaries and	national	insurance		(Note 8)			56,967	56,113
	Printing, postage and		stationery		expenses			892	1,112
	Repairs and renewals							49	72
	Subscriptions							578	567
	Bank charges								60
	Sundry							733	2,217
	Independent	Examination		fee				1,434	1,386
	Accountancy	fees						1,134	1,110
								f61,787	f65,522

	EMPLOYEES			.2020'	2019
	Wages and salaries Social security costs Pension Contributions			54,288 1,156 1,523	53,745 1,002 1,366
				656,967	656,113
	The average monthly number ofemployees Administration	during the year was:
	During the year ZNil (2019:51,154)was rennbursed Committee.		for expenses to members ofthe		Management
					Group &
					Charity
9	TANGIBLE FIXEDASSETS				Office
					Equipment
	COST ORVALUATION
	Balance as at 1January 2020				7,229
	Balance as at 31December 2020				7,229
	DEPRECIATION
	Balance as at 1 January 2020 Charge for year				7,229
	Balance as at 31December 2020				7,229
	NET BOOKVALUE
	As at 31December 2020
	As at 31December 2019

FOR	THE YEA	R	ENDED 31DECEMB	ER 2020
				Group		Charity
10	FIXEDASSETINVESTMENTS			2020	2019	2020	i	2019
	At cost
	Investment	in subsidiary company				2		2
	Investments
	Market value		1 January 2020	341,112	308,496	341,112		308,496
	Additions			302,961	3,073	302,961		3,073
	Disposals			(323,151)		(323,151)
	(Loss)/Gain		on revaluation	(19,715)	29,543	(19,715)		29,543
	Market value		at 31December 2020	f301,207	f341,112	f301,207		f341,112
	Total fixed	asset investments		f301,207	f341,112	F301,209	.	6341,114
	Historic cost as at 31December 2020			f196,281	6217,217	f196,281		f217,217

				Group		Charity
11	DEBTORS			2020	2019	2020	2019
	Trade debtors			3,000	2,400
	Amount due	&om subsidiary	undertaking			13,159	10,719
	Other debtors			946	2,110	946	2,110
	Prepayments	and accrued income		293	1,097	293	1,097
	Prepayments	and accrued income		K4,239	X5,607	814,398	613,926

12	CASH ATBANK AND	IN HAND		Group 2020 2019	Charity 2020' 2019	Charity 2020' 2019
	Current account Money market account Petty cash			55,903 89,226 50 27,392 95,876 22	44,446 89,226 50	17,816 95,876 22
			6145,179 f123,290		f133,722	F113,714
13	CREDITORS: Amounts	falling due		Group	Charity
	within one year			2020 2019	2020	2019
	Grants payable Other creditors Accruals			8,043 13,073 1,123 3,866 3,751	8,043 - 2,570	13,073 1,123 2,496
			$11,909 $40,633		610,613	539,415
14	STATEMENT OF FUNDS	1 January 2020	Incoming Resources	Outgoing Investment 31 Resources Gains		December 2020
						E
	Unrestricted funds Restricted funds	394,886 57,192	75,009 22,648 68,109 22,648		(19,715)	382,071 57,192
	Total funds	F452,078	697,657	f90,757 K(19,715)		f439,263