REGISTERED CHARITY NUMBER: 1048177
Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 March 2022 for Friends of Danetre Hospital
(Prepared under Receipts and Payments basis)
Cottons Accountants LLP The Stables Church Walk Daventry Northamptonshire NN11 4BL
Friends of Danetre Hospital
Contents of the Financial Statements for the year ended 31 March 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Receipts and Payment Account | 5 |
| Statement of Assets and Liabilities | 6 |
| Notes to the Financial Statements | 7 to 8 |
Friends of Danetre Hospital
Report of the Trustees for the year ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The financial statements have been prepared using the receipts and payments basis.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1048177
Principal address
C/O Danetre Hospital London Road Daventry NN11 4DY
Trustees
Mr A C Pritchett Mr A Goodridge Mr C Long (Chairman) Mr I Robinson
Treasurer
Mr I Robinson
Independent Examiner
Lisa Malone FCCA Cottons Accountants LLP The Stables Church Walk Daventry Northamptonshire NN11 4BL
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust dated March 1995, revised October 2015 and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Trustees are appointed or re-appointed at the Annual General meeting.
All trustees give their time voluntarily to Friends of Danetre Hospital and receive no remuneration or other benefits.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 1
Friends of Danetre Hospital
Report of the Trustees for the year ended 31 March 2022
OBJECTIVES AND ACTIVITIES Objectives and aims
The object of the charity shall be to support the charitable work of Danetre Hospital. For the purpose of carrying out the above Object the charity shall have the following powers:
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To educate the public in the needs of the patients of the hospital and to encourage, foster, mobilise and maintain the interest and support of the public in the said hospital.
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To assist with the establishment of new Friends/Leagues and to foster co-operation and inter-communication between Friends/Leagues, other charitable institutions, local hospices, hospital authorities, National Health Service Authorities and Healthcare Trusts.
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To raise funds and to invite and receive contributions from any person or persons or organisations whatsoever by way of subscription, donation or otherwise.
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To take and accept gifts of property, whether subject to any special trust or not, for the Object of the Friends.
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To supplement the service provided by the hospital for the health, welfare and comfort of the patients herein.
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To provide or assist in the provision of amenities in the hospital for patients and staff, including the provisions and running of hospital shops, if required, the establishment of clubs, health and recreation centres for the use and benefit of such persons.
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To do all such things as are necessary for the attainment of the above Object.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
Area of Benefit
The Trustees aim to actively promote the work of the charity in the catchment area of Danetre Hospital, Daventry.
ACHIEVEMENT AND PERFORMANCE
The financial performance of the charity during the year ended 31[st] March 2022 was, in many ways, similar to the financial year ended March 2021. Although the Charity’s shop reopened, the footfall within the Hospital remained at a greatly reduced level, as was reflected in the shop sales of £3,924, compared to the figure of £2019/2020 of £9,779. (The use of the 2019/2020 figure for the comparison is because of the closure of the Shop due to Covid during the year 2020/2021).
Sums of money given In-Memory during the year were once again at a higher than normal level.
Expenditure during the year was lower than that preceding it, the net result being a further healthy surplus.
During the first half of the financial year, the Charity continued to be managed primarily by the Chairman, Treasurer and Secretary. An informal Management meeting took place on 20[th] April 2021. The Management Committee meetings were resumed in September, with meetings held on 23[rd] September 2021, 12[th] January 2022 and 9[th] March 2022.
The Charity’s AGM was held on 24[th] November 2021.
All meetings were minuted.
The Trustees wish to express their gratitude to all Volunteers and the Management Committee without whose help, freely given, the charity would not function as well as it does.
Page 2
Friends of Danetre Hospital
Report of the Trustees for the year ended 31 March 2022
FINANCIAL REVIEW
The Financial Statements are prepared annually by the Treasurer and the 2022 reports have been independently examined by Cottons Accountants LLP.
The 2022 report shows total income of £48,027 and total expenditure of £16,390: thus providing a yearly surplus of £31,637. Cash funds at the end of the year stood at £143,207 allowing for uncleared commitments of £6,000.
FUTURE DEVELOPMENTS
Whilst the Charity’s shop reopened during 2021 footfall within the hospital, as noted earlier, remains at a greatly reduced level. It would appear that this will remain the situation for the foreseeable future until such time that all outpatient clinics resume their activities in the Hospital. Because of the prudent approach of the Trustees to finances in previous years and the surplus both in 2020/2021 and 2021/2022, the Charity remains well placed to respond to requests for funding for further equipment and staff training as they arise during the year.
It is the Trustees continued objective to try and expand the number of hospital departments they support during the financial year 2022/2023.
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with the law applicable to charities in England and Wales, the Charities Act 2011 and Charity (Accounts and Reports) Regulations 2008. The provisions of the trust deed require the trustees to prepare financial statements for each financial year which reflect the incoming resources and application of resources, including the income and expenditure, of the charity for that period.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ON BEHALF OF THE BOARD :
Mr C Long – Trustee/Chairman
Date: 18[th] May 2022
Page 3
Independent Examiner's Report to the Trustees of Friends of Danetre Hospital for the year ended 31 March 2022
I report on the accounts for the year ended 31 March 2022, which are set out on pages five to eight.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report to the charity trustees on my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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that accounting records were not kept as required by section 130 of the Act; or
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that the accounts do not accord with those records; or
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that the accounts do not comply with the accounting requirements of the Act; or
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that there is further information needed for a proper understanding of the accounts.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Lisa Malone FCCA Cottons Accountants LLP The Stables Church Walk Daventry Northamptonshire NN11 4BL
Date: 19[th] May 2022
Page 4
Friends of Danetre Hospital
Receipts and Payments Account for the year ended 31 March 2022
| 2022 | 2021 | 2021 | |
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | Funds | ||
| £ | £ | ||
| RECEIPTS | |||
| Voluntary income | |||
| Donations and In-Memorium | 43,804 | 72,580 | |
| Gift aid | - | - | |
| Collection Boxes | 235 | 98 | |
| Activities for generating funds | |||
| Shop Sales | 3,924 | 232 | |
| Raffles and fundraising | 51 | - | |
| 48,014 | 72,910 | ||
| Investment income | |||
| Deposit account interest | 13 | 19 | |
| Total receipts | 48,027 | 72,929 | |
| PAYMENTS | |||
| Costs of generating income | |||
| Shop Purchases | 1,780 | 426 | |
| Subscriptions and registration fees | 216 | 366 | |
| Charitable activities | |||
| Donations | |||
| Equipment | 8,719 | 20,317 | |
| Goods and training costs paid | 626 | 4,164 | |
| Staff and patient welfare | 3,428 | 145 | |
| Other costs | |||
| Insurance | 645 | 614 | |
| Independent examination fee | 630 | 600 | |
| Petty Cash Float | 100 | - | |
| Administration and other costs | 246 | 348 | |
| Total payments | 16,390 | 26,980 | |
| Net income | 31,637 | 45,949 | |
| Cash Funds at start of year end | 111,570 |
65,621 |
|
| Cash Funds at year end | 143,207 | 111,570 |
The notes form part of these financial statements
Page 5
Friends of Danetre Hospital
Statement of Assets and Liabilities At 31 March 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | Funds | ||
| Notes | £ | £ | |
| CASH FUNDS | |||
| Cash at bank | 143,207 | 111,570 | |
| OTHER MONETARY ASSETS | - | - | |
| _ | ______ | ||
| TOTAL ASSETS | 143,207 | 111,570 | |
| FUNDS | 6 | ||
| Unrestricted funds | 143,207 | 111,570 | |
| _ | ______ | ||
| TOTAL FUNDS | 143,207 | 111,570 |
The financial statements were approved by the Board of Trustees on 18[th] May 2022 and were signed on its behalf by:
Mr C Long –Trustee/Chairman
Mr I Robinson –Trustee/Treasurer
The notes form part of these financial statements
Page 6
Notes to the Financial Statements for the year ended 31 March 2022
Friends of Danetre Hospital
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared in accordance with the Charities Act 2011 Section 133, using the receipts and payments basis available to small charities.
Receipts
Receipts are included on the Receipts and Payment Account when received.
Payments
Expenditure is accounted for on a payment basis. Expenditure includes irrecoverable VAT.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
There were no restricted funds during the period
2. ACTIVITIES FOR GENERATING FUNDS
| Shop Sales Raffles and fundraising 3. INVESTMENT INCOME Deposit account interest |
2022 £ 3,924 51 3,975 2022 £ 13 |
2021 £ 232 - 232 2021 £ 19 |
||
|---|---|---|---|---|
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
The notes form part of these financial statements
Page 7
Friends of Danetre Hospital Notes to the Financial Statements - continued For the year ended 31 March 2022
5. MOVEMENT IN FUNDS
| Net movement | |||
|---|---|---|---|
| At 1.4.21 | in funds | At 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | 111,570 | 31,637 | 143,207 |
| TOTAL FUNDS | 111,570 | 31,637 | 143,207 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement in | |
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | 48,027 | (16,390) | 31,637 |
| TOTAL FUNDS | 48,027 | (16,390) | 31,637 |
| Net movement | |||
| Comparative for movement in funds | At 1.4.20 | in funds | At 31.3.21 |
| £ | £ | £ | |
| Unrestricted funds | 65,621 | 45,949 | 111,570 |
| TOTAL FUNDS | 65,621 | 45,949 | 111,570 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement in | |
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | 72,929 | (26,980) | 45,949 |
| TOTAL FUNDS | 72,929 | (26,980) | 45,949 |
The notes form part of these financial statements
Page 8