**THE LEAGUE OF FRIENDS OF THE BUDLEIGH SALTERTON HOSPITAL Registered Charity No 1028245** ## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2021** ## **Principal address of the charity** Budleigh Salterton Community Hospital Health & Wellbeing Hub, East Budleigh Road, Budleigh Salterton, Devon EX9 6HF ## **Trustees** The trustees as at the date of this report and during the year ended 31[st] December 2021 were as follows: Mr C H Davis – Honorary Chairman Mr R Mejzner (from 9 July 2021) – Honorary Vice Chairman Mrs C May – Honorary Secretary Mr I Christie – Honorary Treasurer Dr D Evans – Honorary Life Chairman Dr D Boyle (until 9 July 2021) Mrs M Brooks Mrs J Clemo (until 16 August 2021) Mrs J Collins Mrs S Gebbie (from 9 July 2021) Miss D Godfrey Mrs M Hobbs Mrs W Morrish Dr S Ross (from 9 July 2021) Dr G Taylor (until 9 July 2021) Mrs J Trapnell (until 9 July 2021) ## **Organisation and control** The League of Friends of the Budleigh Salterton Hospital (the “League”) was established in 1948 and its activities are governed by a written Constitution, last updated in July 2012, which sets out its objects and rules. It is registered with the Charity Commission under registration no.1028245, and is therefore subject to the legislation applicable to charities. The League’s affairs are managed by a Committee consisting of up to 15 Trustees. The Committee may elect any member of the League to be a member of the Committee until the following Annual General Meeting at which time any new Committee member is subject to re-election by the members of the League. One third of the members of the Committee retire at the Annual General Meeting every year but are eligible for re-election. Honorary officers of the League, comprising the Chairman, Vice-Chairman, Secretary and Treasurer, are elected by the Committee on a triennial basis but are eligible for re-election. The Committee normally meets quarterly to organise any fund-raising activities, to approve grants and to review the financial situation of the League. ## **Aims** Established in 1948, the League exists to support the work of the Budleigh Salterton Hospital, and the health and welfare of its patients. The hospital reopened at the end of 2017 as a Health and Wellbeing Hub and in the autumn of 2021 rebranded as Seachange. NHS Property Services is the owner of the building. Westbank Community Enterprises, a subsidiary of Westbank Healthy Living and Community Care Centre, a charity, was the leaseholder of the building and operator of Seachange during 2021. Clinical Services were sub-leased by Westbank to the Royal Devon and Exeter NHS Foundation Trust. ## **Main activities undertaken by the League for the public benefit** Members of the Committee of the League were instrumental in the negotiations and finance of the redevelopment of the building into its present form as Seachange. Members of the Committee of the League were also instrumental in exploring options for securing the long term viability of Seachange. We have financed professional fundraising advice for Seachange. The League is represented on the Hub Advisory Group by members of the Committee. In the interests of continuity and sustainability, the League continues to act in liaison with Westbank in promoting the Hub with NHS partners, with local government organisations and generally to the local community. The League raises income through membership subscriptions, donations, legacies, fundraising activities and returns on investments. These resources have principally been used to date to fund improvements to the building and provide grants to organisations associated with Seachange, in order to benefit users of Seachange and help to ensure a sustainable and secure future of Seachange for the benefit of the local community. In addition, the League leases the garden adjoining Seachange, which is provided for the benefit of users of Seachange and organisations involved in Seachange, and the League pays for maintenance of this garden. The Trustees have paid due regard to the Charity Commission’s public benefit guidance, and consider that these activities meet the public benefit by ensuring the continuing viability of Seachange for the benefit of all in the community. ## **Main achievements in the year** 2021 was still partly impacted by the COVID pandemic, which resulted in some activities and services at the Hub being suspended. The return to normal service took some months but it is pleasing to note that the RD&E and the local medical practice, and others, have returned and are holding clinics again. There are also a large number of other activities taking place at Seachange, including a café which trains people with learning difficulties, a gym, a nursery, an activity club, table tennis, pilates, seated yoga, breakfast and lunch groups, zumba classes and an active minds group. Volunteers organised by Seachange ferry people to appointments around the Exmouth, Exeter, Budleigh and Woodbury area and collect prescriptions, shopping, library books and meals for those who are housebound. Members of the Committee have devoted considerable time during the year to working with the Seachange Manager and Westbank on matters such as the marketing of Seachange and the long term financial sustainability of Seachange. Members of the Committee were instrumental in the appointment of volunteer third parties to consider the brand identity and communications strategy, which resulted in the change of the Hub’s name to Seachange. This is intended to make communications more prominent and to remove perceptions that it is just for those in Budleigh, rather than being available to all in the Woodbury, Exmouth and Budleigh area. Members of the Committee also participated alongside Westbank in a number of meetings with relevant stakeholders, in particular the Clinical Commissioning Group and NHS Property Services, to explore ways in which Seachange can be put on a stronger financial footing in the longer term. Linked to this, in the year the League paid £9,600 towards professional fundraising advice for Seachange. During 2021, grants totalling £43,025 were provided after detailed consideration by the Trustees. In addition, the League sub-contracts gardening services to Launchpad who train people with learning disabilities to assist with gardening. We agreed to the merger of Age Concern Budleigh Salterton into the League, which took place with effect from 1[st] January 2021. This resulted from Age Concern Budleigh Salterton having decided that it was no longer financially viable but wishing to transfer its remaining assets to a charity which it felt would use them for projects to benefit older people in the area. ## **Reserves** The League expects to use the majority of its regular income from subscriptions, donations, fund-raising activities and investments on suitable qualifying projects each year. However, income, particularly from legacies, cannot be forecast accurately, and hospital needs vary. Consequently, in any given year, there may be a significant surplus or shortfall. The Trustees therefore aim to accumulate reserves in some years to enable them to meet possible shortfalls and to fund larger projects and improvements from time to time. ## **Investments** Those funds of the League, which are not required to meet short-term obligations, are currently invested by Brewin Dolphin under a discretionary investment arrangement, whereby the Trustees determine an investment policy and risk profile for the funds and Brewin Dolphin invests the funds as it considers appropriate in order to achieve this investment policy and risk profile. ## **Taxation** Wherever it is practicable so to do, Gift Aid certificates are obtained from donors to enable income tax to be reclaimed. ## **Financial review of the year** Income during the year amounted to £94,231 (2020: £25,024). The principal reason for this increase was the receipt of £63,752 from the merger of Age Concern Budleigh Salterton into the charity. This came with the condition that it is to be used for care provision for older people in the community or the organisation of projects that would be for the benefit and/or wellbeing of older residents in Woodbury, Exmouth and Budleigh Salterton and surrounding areas. Accordingly it is shown in the accounts as a restricted fund. Investment income decreased from £18,382 to £15,447. Investment income arises mainly from dividends on quoted investment funds. Charitable expenditure during the year amounted to £60,395 (2020: £126,102). The principal components of charitable expenditure were the grants, which were lower than in the previous year. This included contributions of £21,250 towards the provision of Admiral Nurses in the area, £11,020 towards the rebranding to Seachange and £9,600 in the year towards professional fundraising advice for Seachange. Other costs were £14,017 (2020: £8,853). This increase was primarily due to the depreciation of furniture inherited from Age Concern Budleigh Salterton. The surplus of income against expenditure for the year was £33,836 (2020: deficit of £101,078). A gain on revaluation of £80,915 (2020: £35,278) arose in the year, but at the time of writing this report had more than reversed after the year end. The total value of investments including cash at 31[st] December 2021 was £988,477 (31[st] December 2020: £873,977). The accounts for the year ended 31[st] December 2021 are attached to this report, together with the report of the independent examiner. By order of the Trustees Chris Davis, Chairman 20 July 2021 FTHE BIIDLEIGH SALTER STATEMENT OF FINAYCLIL ACTN'ITIES FOR THE I'EAR ENI)ED31 DECEMBER W21 l•r¢ytrirtrd fu*d$ Tot Totsl {UnTatricted fuudi) r¥n¢J5 INCOMThC. RESOtTricEs Subscription%dDTratior4th 1¢8xieg 9.625 6&￿1 78J76 6.N2 tnvL%theni inwme 15.44? 15.447 1È.382 6$.<￿6 LESS.. RE50L'RCES EXPBNDID Cortof go￿ing fund5 TXI Ch￿￿bIC Ex￿nd1¢￿tt (Xhw coAs 173 117.249 8.853 4.899 4.899 55.496 ).395 NET INCOMINGI{OUTGOINGI RESOiQiCES (30 ??1) .057 33.836 1101.078) OTH￿RREc1)GNiSEDGAlNS￿LOSSES Unrea115cd8￿nSlIlfj%Strj￿ in%tstyK io .915 .915 NETMOVE.MEYT IN FUNDS 64.057 (65.8WI TOTAL F￿11$ AT I JANI1ARY 872.689 938.489 TOTAL FUNDS AT 31 DECEMBER £64.057 £987 £E72.689 LINCE SHEET ASAT3J DECEMBER 1021 2020 FLXEDASSkTS Furnilute artd 4￿pn*rtl IiYVESTMEKf ASSETS (￿0t£d iTrveStmentwm￿Le& 10 864.888 801240 CURREliT ASSEts Stock of ftsn&raising ma￿￿7$ De￿ors￿d pitp}Thents Ca%b*t and in h8nd 173 339 l?J.j89 1?4.368 73.?49 LESS: CIIiUiE*T LLIBILITIES Creditor5 X47ua NET CURRENT.4kSETS 71.449 NET ASS￿$ E987.440 REPRESETr4TED BY: TOTAL FIIWDS RestrKted fvnts unie5knC￿ fund% 64.057 923.383 £987.440 872.689 £877_689 zCrtplzo21 Apwvvedby th¢Ty￿rtS on................ .... .............. theirb¢halfby ICkns¢ FIOD. Tr¢8wrer CHDa￿S THE I.E FTHIB IbLEI tT.4L OTESTOTHE ACCOllPtrs ACCOUNttNG POLICIES The financi￿ 5w¢m¢ntshaTrYEYen h1thr7c￿ COn￿nI10n Mith rwised OTlran5aliLTrD5 unless tsiherwise in rekvam not051 IQ the5e&x)MDis The r$n￿￿￿ $we￿￿￿tA*￿e¢nTWffj¢d in AT0[Jan¢¢￿1lh st￿ty￿1 ofRecoTnrnBndcd Pt%tice. ALYounung ￿ RerA)rllng tty Ch*iiies p[eWngtrkir￿x￿L* m ac¢￿danCe￿Ith Financi￿ Re￿ing arWkc3bleinthEUK RewblicorJr¢l¥ndlFRS 1021 ISSL*d on Iojub ry014 a4urthJ bj.bjllei￿ l ￿tch￿OeS I. Thc fi￿nCial￿atc￿rntsbIV¢brCD1xCp￿d ￿8[¥¢I.￿U￿￿ fait. fivthtrchatiiles(A¢t4￿ts andRwrsl ileguliti(￿$ 2008 onlyto ¢hc extenl requiTed to pTti￿de a'trueand fiir. YJeM'. Thisdepknwehas foliowingAcLyxmring and byChariii¢s prewn8 their4cCoun￿In xcOY4ar*e￿ith 50RPIFtis 10?)upJ*d tth" l. The charityconstitErtesApthlic b￿￿fite￿LtyxS W1￿￿￿yFRS1O2. Th¢ owt¢%sconsthth8tthtreare chaTity'5 abi11tyt0<4Miinueasagoing¢onc¢m IA Prtpthn8theacThchatg¢ f￿Y¢ar At 31 D￿thb¢r Net Iwk ¥￿lle At 31 De7 £64.057 .Oi7 £1)3.589 £59.53? £72.737 CREDITORS ANDACCRUALS lArt￿r•￿ed Restritkd funds Dds Total Total (￿￿￿%1￿¢ted fuAds} 1.800 £1.800 £0 Independent examiner'8 report to the trllSte￿ of Ihe t*ague of Friends of the Budleigh SAlterton Ho8Pltal I report to the ttwstees on my ¢xgmination of lh¢ a¢¢ounts of the Charity for the year ended 31 December 2021, which Are set out on pages I to 5. Responsibilities basis of report As the charity trustees you are responsible for the preparation of the accounts in wordan¢e with the requirements of th¢ Charities Act 2011 ('the Act,). I report iii respect of my examination of the Tn￿lee'S accounts carried out wider S￿tion 145 of the 2011 Act and in carrying out niy examination I have followed all the appliuble DiT￿tionS giv¢n by the Charity Cominission under section 145(5Kb) of the 2011 ACL Independent examiner's statement I have completed my examination. I conffjrm that no malerial matters have come to my attention in connection with the examination giving me c&use to I￿lIeve that in any materiat respect: (]} (2) Accounting records were not kept in respect of the Charity as required by s￿tion 130 of the Act. or the a￿￿nts do not accord with those records" or (3) the accounts do not cotnply with the applicable reqUi￿ents concerning the form and ￿ntent of acwunls sei out in th¢ Charities (Accounts and Reports) Regulations 2008 oth¢r than gThy requirement that the accounts give a 'true and fair view. which is not & m8tter consid¢r¢d ￿ part of an independent examination. I have no c4)ncerns and hav¢ cotne across no otheT tDatters in connection with the examination lo which attention should be drnwn in this retx)rt in order to enable a proper unders￿￿ldIng of the accounts to be reached. Na]ne'. Robert Wegner Relevanl professional qualification or memlKf5hip of prOf￿s1OnaI body (if any): FCCA Addrc55: 17-18 Leach RO￿￿ Chard Business Park, Chard. SomerseL TA20 IFA Date.. 20 May 2022