Cotmpany registration number.. 2977135
Charity registration nuinber: 1049067
Wythenshawe Hospital Transplant Fund
(A coiiipany limited by guarantee)
Annual Report and Financial StateiDents
foi. Ilie Year Ended 31 Marcli 2025

Wythenshawe Hospital Ti'ansplant Fund
Contents
Reference and Adiniiiistiative Details
Trustees, Report
2104
Statenient of Trustees, Responsibilities
Independent Exaniinei s Repoi't
Statemeiil of Finaiicial Activities
7108
Balance Slieel
Notes to Ilie Financial Statetiients
IOto20

Wythenshawe Hospital Transplaiit Fund
Reference and Administrative Details
Trustees
Di. P Callan
N Eadie
S Fowler
E Matlier
W Noble
R Wood
MJHill
V Mel)la
J Niittall
Seci'etary
R Fallon
Cliai'ity Registration Numbei.
1049067
Conjpally Registration Nuinber
2977135
The chai'ity is incoiyorated in England and Wales.
Tlie Transplar)t Fund Office
Ti'ansplant Centi'e
Wytliensliawe Hospital
Mancliestei.
Principal Office
M23 9LT
Independent Ei xAminer
Helen Biims FCA
Cliai'lei'ed Accountant
Menzies LLP
One Express
l George Leigli Sireet
Mancliester
M5 4DL
Sollcitoi's:
Addleshaw Goddard
One Si Petei s Square
Mancl)estei-
M2 3DE
Bankei's
HSBC Bank plc
I I Siainfoi'd New Road
Alti'incliaiii
WA14 IBW
Page I

Wytliensliawe Hospital Transplant Fund
Trustees, Report
The Iiiistees, wlio aiE directors foi. tl)e purposcs of Company law, present tl)e annual I'epoi'l togetl)er witl) Ilie
financial statements and aiiditoi's, i'epoi'l of tlie cl)ai'ilable eoinpany foi. the yeai. cnded 31 Mai'ch 2025.
Ti'uslees and officei's
Tlie trustees and officei's sei'ving during tlie year and since tlie year end wei'e as follows..
Tii]slees:
Dr P Callan
D l< Coi'nwall (resigned 19 February 2025)
N Eadie
S Fowler
E Matliei.
W Noble
R Venkaleswai'an (resigned I l December 2024)
R Wood
M J Hill (appointed 15 Octobei. 2025)
V Melita (appointed lo Septenibei. 2025)
J Nutlall (appointed 26 Februaiy 2025)
Objectives and activities
Objec¢s aiid aiiiis
In setting our objectives and planning oui. activities, the Trustees have given cai'eful considei'ation to the Cl)ai'ity
Conllnission's general guidance on public benefit.
As determined by tlie cliarity's Meniorandum and Articles of Association, Ilie principal activity of tlie cliarity is
to 5UPPOI't tlie piograiiinie of lieart and lung ti'ansplantation at Wyiliensliawe Hospital, Mancliester, serving Il)e
Noi'ih West of England. Wliilst t]ie NHS pi'ovides substantial funds for the transplant centi'e tliei-e is always a
deinand foi. slate-ol-llie-ai't equipiiient or inoney to Suyporl pioneei-ing treatnients and i'esearcl) wliicli the NHS is
unwilling to fund. Tlie cl)ai'ity i)lays a vital i'ole by providing funds to accelei'ale tlie adoption of new pi'ocedui'es
and by funding i'esearcli wl)icl) advances Ilie leclinology sui'rounding transplanlatioi). tlius eiiabling Ilie
Wytlienshawe Ti'ansplant Centre to remain at Ilie foi'efi'ont of exeellence for tl)e ti'eatnient of cai'diac and lung
disease.
Tlie chai-ity is in regulai. contact witli Wyilienslla￿le Hospital and i'eceives funding irquests fi'oni Ilie Iiospital.
The Boai'd detei'niines wlieihei. lo ii)eet these requests for funding. Tlie cliai'ily does not entei. into contractual
i'elalionships with suppliei's of equipnienl and seivices. It oiily pi-ovides Ilie a￿'eed funding. The TI￿SteeS, policy
is lo approve all niajoi. grants prior to comii)ilinenl of funds. Witli tlie exceplioii of Ininor fiiiiding of up to
£5,000, wliicli Inay be approved by Ilie Cliainnxn, decisioiis relatiiig to the allocalioii of funds are i'eseived to Ilie
Boai'd aiid cannot be delegated.
Piiblic beiiefil
All the activities of tlie Chai'ity are undei'laken to fui'ihei. public benefit.
Tlie trustees confii'i?I tl)at tlicy l)ave coinplied witli Ilie requiremei)Is of seclioi) 17 of11)e Cliai-ilies Act 2011 to
liave due i'egai'd to tlie public benefit guidance publislicd by tl)e Cliai'ity Coininis8ion foi. England and Wales.
Page 2

Wythenshawe Hospital Transplant Fund
Trustees, Report
Acliievements and perfoi'mance
Voluntaiy donations, legacies and otliei- trading aclivities 17ised a total of £178,070 (2024.. £131,556)
llnrestricled incorne, grant was £4,500 (2024.. £10,000) and investinent incoinc on oiii. investinents and cash
deposits genei?ted £35,552 (2024.. £29,504). This lias allowed tlie Tnistees of the cliarity to continiie tl)e siipport
foi. reqiiesls siibiiiitled to it.
Acl)ievei)ients tliis yeai. have included continuing lo pui'cl)ase Sliei'pa packs for tl)e inoir efficient transpoitstion
of doiioi. lieai'ls, finaiicial Support foi. the Traiisplanl Games pai'ticipanls and equipiiient foi. patients use on tlie
Jiin Quick Wai'd. Tlie major refui'bisliinent woi'k5 planned foi. the Jim Quick Ward al'e still undei. consideration.
Finaii¢ial revlew
Tlie rcsiilis foi. Ilie yeai. and Ilieii. inipact on tlie Cliarity's funds al'e set out in detail iii Ilie Statement of Finaiicial
Activities. Tolal nel incoine for Ilie yeai. was £38,735 (2024.. £73,157) and Il)e yeai'_end nct assels amounted lo
£1,547,286 (2024: £1,508,550), including £1,554,420 {2024.. £1.517,936) in casli at the bank or invested in Ulc
GovenJnent Stocks, CO￿Oi.at¢ bond funds and Open Ended Investnient Conipanies.
Poliey oil i'esewves
The cliarity's reserves al'e iEpi'esented by ils investinents and casli balances. Tlie Ti'ustees Iiave reviewed Il)e
charity's requii'enients for unresli'icted reserves iii tl)e light of tlie inain i-isks to tl)e oiganisation. In tl)e opinion
of the Tnistees, sufficient uni-ests'icted rest￿eS are reqiiiird to meet one year's operating costs in tlie event of a
significant di'op in incoiiiing i-esouires and £50.000 is considered to be adequate for this purpose. Th¢ balance of
the uni'estricted i'eserves are fl'ee i'eserves and are available to be used to fund pi'ojects iii accordan¢e witii the
cliarity's objects.
Ai 31 March 2025 the unrestricted I'eseryes wei'e £1.479,220 (2024.. £1,500,152). The trustees consider that the
reseives lield at Ilie year end al'e above tai'gel level.
Jiiiye.Ftiiieiit Jjolieji aiid objecliiie.s
Tlie Tiustees are enipowei'ed to invest and deal with the inonies of the charity not immediately I'equii'ed in such
a niatu)ei' as the chai'ity niay fi-oiii tinie to liiiie delei'inine subject to sucli conditions aiid consents iiiiposed oi
i'equii'ed by law. Surplus fijnds al'e placed on deposit eitl)ei' with the cliarity's bankers oi- with W H Ireland Ltd or
invested in UK Govei'iiment Stocks, coipoi'ate bond funds and unit ti￿St$. Iiiveslment returns are goveiijed by
tlie prevailiiig intei'est l'ates and divkdend payi)ien¢s.
Structurej governanee and management
RÉci'141tiiieiit aiid nJ)J)oiiiliiieiit ofii'ii.Flees
No peiBon iiiay be appointed as a Tiuslee unless approved by all the Tiustees. At evely general nieeting one
tliird of tl)e Tiiislees retii'e by rotation being decided by Il)e length of tiine in office. Truslees niust be aged 18
years or above aiid not disqualified by reason of Article 10.1 of tlie cl)ai'ity's Ai'ticles of Association or in
coinpany 01- cliai'ity law. Noiie of Ilie Trustees liavc any interest ii) tlie cl)xi'ity. T￿StetS al-e appoii)led uiidei. Ilie
provision of Articles 31 to 33 of the cllai'ity's Articles of Association.
IiidiéL'lioii aiid li'aiiiiii¥ ofli'iislees
All iiew Tiustees receive a forinal briefing fi-oin the Chaii'nian of tlieii. duties and i'esponsibilities and i'eceive
various booklets fioin the Cliai'ity Coiiiniission and Coiiipanies House. Ti￿Stee8 al'e also ei)couraged to keep
tlieiiiselves abreast of cui'i'eiit and pi-oposed developnieiils iii cliai-ily regiilatioii Ilii'ougli access to tlie Cliai'ity
Coiiiinission website and oilier relevant soui'ces of infonnation.
Page 3

Wythensliawe Hospital Transplant Fund
Trustees, Report
Majoi. risks aiid iiiaiiageiiieiil of ilio.se i'isks
Tlie Trustees coi)linue to i'eview the cli&rity's actLVlties to identify the inajoi. risks to whicli it is exposed and the
Sy.8leins eslablislied to Iiiitigate i'isks al'e periodically Irviewed lo eiisui-e tliat tliey al'e operating effectively and
still Ineet Ilie needs of the cliarity. It l)as beeii delerniined Iliat Ilie principal I'isks and uneei'lainties are tlie
volatility of investlT)eiits lield by tlie cliai'ity and tlie continued ability to i'aise voluiilai'y incoine. Tlie steps taken
by Ilie TI￿SteeS to Initigate iliese I'isks as far as pi'acticable al'e lo Inainlain and i'egularly I'eview a diversified
portfolio of inveslinenls, to niaiiitaii) sufficicnt casl) resenies and lo monitor both investment pei'foi'mance and
tlie level of voliintary incoine i'eeeived at eacli Boai'd nieeting.
Sniall eompanies provision stateinent
This i'epoi't lias beeii pitpared in accordance with tl)e sin&ll eoinpanies I'egiiiie undei. the Companies Act 2006.
The annual re
rt was appi'oved by t]ie trustees of tlie cliai'ity on
. Snd signed on its behalf by-
N Eadie
Trustee
Page 4

Wytliensliawe Hospit21 Transplant fl und
Statement of Trustees, Responsibilities
The trustees (who ai'¢ also tlie dii'ectoi's of Wytlienshawe Hospital Ti'ansplant Fund foi- the pui'poses of coinpany
law) al'e responsible for pi'¢pai'ing Ilie ti'uslees, i'epoi'l and Ilie financial statcmcnls in accoi'dance willi applicable
law and United Icingdoiii Accounting Siandai'ds (United Icingdoii) Genei'ally Acceptcd Accounting Pi'aclice),
iiicludinu FRS 102 'The Fiiiaiicial Rcpoi'ting Slandai'd applicable in Ilie UIC aiid Republic of Irelai)d
Coiiipaiiy law requires Ilie liuslees to prepare financial statemetlts foi. eacli financial yeai.. Under coinpany law
tl)e trustees Inust not approve Ilie finaiicial slateiiients unless tl)ey al'e satisfied tl)at tl)ey give a ti'ue and fail. view
of Il)e slate of affaiis of Ilie cliarilable coinpany aiid of Il)e incoiiiing I'esoui'ces and aiiplicalion of resoui-ces,
including its inconic and expenditure, of Ilie cliarilable con)pany for tl)at pei'iod. In i)I'eparii)g Il)csc fii)ancial
stateinents, tlie triislees ale reqiiii'ed to..
select suitable accouiiting policies and apply them consistently.
obsei've Ilie Inetliods and pi-inciples in Il)e Cliarities SORP.
make jiidgements and estiinales tliat are i'easonable and pDJdenl'
state whetlier applicable accounting standards, coinpi'ising FRS 102 Iiave been followed, subject to any
iiiaterial departures disclosed and explained in Ilie financial slalenients. and
pi'epai'e tlie financial stateinents on Ilie going concein basis unless it is inappropriate to pi-esiime that tlie
cliai'itable company will continiie in business.
Tlie trustees are i'espoiisible foi. keeping pi'oper accouiJting i'e¢ords tliat can disclose witli reasonable accuracy at
any time tlie finaiicial position of tlie cliai'ilable coinpany and enable tliein to ensure tliat tlie finaiieiaS slateinents
coii)ply willi the Coinpanies Act 2006. Tl)ey al'e also I'esponsible foi. safeguardiiig Ilie assets of tlie cl)ai'ilable
coinpany and lience foi. lakiiig reasonable steps for tlie prevention and detection of fraud and otliei. ilTegularities.
Tlie ts￿Stees are responsible for Ilie maintenance and integi'ity of tli¢ corporate and financial infoi'ination
ineluded on Ilie chai'itable eonipai)y's website. Legislation goveniing the pi'epai'ation and disseinination of
finaticial slateiiienls niay differ fi'oiii legislation in oihei. juiisdictions.
AppiDved by the
ruslees of the charity on
and signed on its belialf by..
N Eadie
Trustee
Page 5

Wythenshawe Hospital Transplant Fund
Independeiit Examxner's Report to the trustees of Wytheiishawe Hospital Transplaiit
Fund ('the Company,)
I report to tlie cliai'ity trustees on my exaniination of tlie accounts of the Coiiipany foi. Ilie ye￿. ended 31 March
2025.
Responsibilities and basis of report
As tlie cliarity'8 trustees of Ilie Coinpany (and also ils directors foi. Ilie puiposes of eoinpany law) you al'e
responsible for Ilie i)i-eparation of tl)e accounts in accordance willi tl)e requii'eineiits of tlie Coii)panies Act 2006
('Ilie 2006 Act,).
Having satisfied myself tliat tl)c accounts of tlie Conipany are not i'equii'ed to be audited undei. Pait 16 of Ilie
2006 Act and are eligible for indcpendent exaniinalion, l i'eporl in i'espect of iny examii)ation of yoiii. chai'ity's
accouiits as caiTLed oiit undci- sectioii 145 of tl)c Cliai'ities Act 2011 ('the 2011 Act,). In caiiyiiig oiit iiiy
exaniinalioii I have followed tl)e Directions given by tlie Cliarity Cominission undei. section 145(5){b) of tlie
2011 Act.
Independent exaininer's stateittent
I liave coinpleted Iiiy examinatioii. I confii'm tl)at no iiiattei's Iiave coine lo iny attentioii in eonnection witli tlie
exaiiiinalion giving me cause to believe..
accounting i'ecoi'ds were not kept in respect of Wythenshawe Hospital Ti'ansplant Fund as i'equired by
section 386 of tlie 2006 Act. or
2. the accounts do not accord witli Iliose i'ecoi'ds. oi.
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any i'equirenieiit that the accounts give a 'ttue and fail. view, which is not a m2tleL considered as pait of an
independent exainiiialion. or
4. the aecounls l)ave not been prepared in accordance witli the meiliods and principles of tl)e Staten)eiit of
Recon)Inended Practice foi. accounting and reporting by cliarities [applicable lo cl)ai'ities prepai'ing Ilieii.
accounts in accoi'dance witli tl)e Financial Repoi'ting Standard applicable in the UK and Republic of
Ii'eland (FRS 102)].
I liave no conceins and liave conie aci-oss no otlier inatters in connectioi) witl) tl)e exainination to wliicl) attention
sliould be di'awn in Iliis irpoi't in order lo enable a pi-opei. understanding of tlie accounts to be i'eaclied.
Helen Biiins FCA
Chartered Accountant
Menzies LLP
One Express
l Geoi-ge Leigli Street
Maiichestei.
M5 4DL
Dale..
Page 6

Wythensh2ive Hospital Transplant Fund
Statemeiit of Financial Activities foi" the Yeai" Ended 31 March 2025
(Including Income and E4 xpenditure Account and Statement of Total Recognised Gains
and Lo,sses)
Uni'esti'icted
funds
Restricted
fuiids
Total
2025
Note
Income aiid Endoivinent5 fi'oin:
Donations aiid legacies
Otliei. ti'ading activities
IIiiTestmeiit income
68,853
49,217
35,552
64,500
133.353
49,217
35,552
Total incoiiie
153,622
64,500
218,122
I xpeDditure on:
Raising fiinds
Cliai'itable activities
(19,265)
(154,024)
(19,265}
(158,856)
(4,832
Total expenditure
Gainsllosses on investment assets
{173,289)
(1,266)
(4,832)
(178.121)
(1,266
Net (expenditure)/incotne
20,933)
59,668
38,735
Net movenient in funds
(20,933)
59,668
38,735
Reconciliation of funds
Total funds biDuglit foiivai'd
1,500,153
8,398
1,508,551
Total funds carried forward
18
1,479,220
68,066
1,547,286
Tlie notes on pages l O 10 20 foi'in an integi'al pai'l of these financial slaleinents.
Page 7

Wytlienshawe Hospital Transplant Fund
Statement of Financial Activities for the Year Ended 31 mai.ch 2025
(Includiiig Income and Expcnditui'e Account and Statement of Total Recognised Gains
and Losses)
Uni'esti'icted
funds
Resti'icted
funds
Totgl
2024
Note
Income aiid Eiidoivillents fi'oiii:
Doi)alions and legic cies
Oil)ei- Ii'ading activities
Investinent inconie
77,061
54,495
29,505
10,000
87,061
54,495
29,505
Total incoi)ie
161,061
10,000
171,061
i Ypenditui'e on:
Raising funds
ch￿'Itable activities
(17,940)
98,231)
(17,940)
(113.187)
14,956)
Total expenditure
Gainsllosses on investment assets
(116,171)
33,223
(14,956)
(131,127)
33,223
Nel incoiiiel(expenditure)
78,113
(4,956
73,157
Net niovenient in funds
78.113
(4.956)
73,157
Reconeiliation of funds
Total funds biouglit fonvai'd
Total funds carried fonvard
1,422,039
13,354
1.435,393
18
1,500,152
8,398
1,508,550
All of Ilie cliai'ity's activities derive froin continuing operations during tlie above two periods.
The funds breakdown for 2024 is sliown in note 18.
Tlie notes on pages l O 10 20 forin an integi'al pai't of these financial slaleinenls.
Page 8

Wythenshawe Hospital Transplant Fund
(Registration number: 2977135)
Balance Sheet as at 31 Mai'ch 2025
2025
2024
Note
Fixed assets
Tangible assets
12
613
818
Cui'rent assets
Stocks
Debtoi's
Investiiienls
Casli at bank and in l)and
13
14
15
16
200
190
547,191
1,007,229
200
191
553,491
964,445
1,554,810
1,518,327
Ci'editors: Amounts fallliig due ivithiii one year
17
8,137)
10,595)
Net current assets
1,546,673
1,507,732
Net assets
1,547,286
1,508,550
Flliids of tlie cliai'ity:
Resti'icted income funds
Restricted funds
68,066
8,398
Uni'estricted income funds
Uni'esti'icted funds
1,479,220
1,500,152
Total funds
18
1,547,286
1,508,550
For Ilie finaiicial yeai. ending 31 Marcli 2025 Ilie charity was entitled to exeinption fi'oiii audit undei- section 477
of Ihc Coinpanies Act 2006 relating Co small coinpaiiies.
Directors, responsibilities:
The ts'usleesldii'ectoi's Iiave not rcquii'ed the chai'ity to obtain an aiidit of its accounts for the year in qiiestio
in accoi-dance witli section 476. and
The dii'eclors ackiiowledge Ilieii- responsibilities foi. coniplying willi the requii'eiiients of tl)e Act witli respect
to accouiiting records and the preparation of accounts.
fli)
cial slateineiils oil pages 7 to 20 were approved by the tsuslees, and autlioi'ised foi. issue oil
igned on Ilieii. belialf by..
N Eadie
Trustee
Tlie notes on pages l O to 20 foi'in an integral pai'l of these financial staleinents.
Page 9

Wythenshawe Hospital Transplant Fund
Notes to the Financial Statements for the Year Ended 31 Mai'ch 2025
I Cliarity status
Tlie charity is a pi'ivale conipany limited by giiai'antee, incoi'poJat¢d in Eiigland and Wales, and conseqiiently
does not have slJai'c eapital. Eacli of tlie tivslees is liable lo conti'ibute an aniount not exce¢ding £1 towards tlie
assets of the cliarity in tlie event of liquidation.
Tlie addi'ess of ils regislei'ed office is:
Tl)e Transplant Fuiid Office
Transplant Ceiili'e
Wyihensliawe Hospital
Mancliestei.
M23 9LT
2 Accouiitiiig policies
Suiiiniai'y of significant accounting policies and l(ey accounting estimates
Tlie pi'incipal accounliiig policies applied iii the pi-eparation of tliese financial stalemeiils are set out below.
These policies have been consistently applied to all Ilie years piesenled, unless otheiivise stated.
Statemeiit of compliaiice
Tlie financial stateinents l)ave been prepared in accoi'dance witli Accounting and RepoitinLF by Cliai'ities=
Statenienl of Rceoinmei)ded Practice (applicable lo cliai'ities pi-eparing Ilieii. accounts in accoi'dance witli Il)e
Financial Reporting Standard applicable in Ilie UK and Republic of Ireland (FRS 102)) {issued in Octobei. 2019)
(Cliai-ities SORP (FRS 102)), tlie Financial Repoiting Siandai-d applicable in tlie UK and Republic of Ireland
(FRS 102) and the Coinpanies Act 2006.
Basis of pi'eparation
Wythen81)awe Hospital Transplant Fund iiieels the definilioii of a public benefit entity under FRS 102. Assets
and liabililics are initially recognised al liistorical cost oi. transaction value unless otlieiwise slated in Ilie
relevant accounting policy notes.
Tlie financial stateinents are pi'epai'ed in sterling, wliicl) is Ilie functional currency of the entity.
Going coneei'n
Tlie livstees consider tliat Ihei'e al'e no ii)atei'ial uncertainties about the cliarity's ability to eonlinue as a going
concei-n noi. aiiy significant ai'eas of uncellaiiity that affect Ilie cai'iying value of assets Iield by the cliarity.
Critical accounting judgenients and key soui'ces of estimation uiicei'tainty
Tlie pi-eparation of Il)e fiiiai)cial staleiiienls in conforn)ity willi FRS 102 requires Ilie use of cei'lain ci'ilical
accounting estiinales. It can also I'cquii'e Il)e Ti'uslees to exercise Ilieii. jiidgeinent in Ilie piocess of applyiiig Ilie
cliai'ily's accounting policies. Tlie cliarily is not coiisidei'ed to liave any Ll'ilical accounting esliiiiales oi.
judgeiiicnts at Iliis tiine.
Income and cndoivments
All incoiiie is recognised once Ilie cliarity lias eiititleinent to tlie inconie. it is probable Iliat tlie inconie will be
i-eceived and Ilie ainount of tlie incoiiie i'eceivable can be measured i'eliably.
Page 10

Wythenshawe Hospital Transplant Fund
Notes to the Finaiicial Stateinents for the YeAr Ended 31 Mai'ch 2025
Doiialioii.s aiid legacies
Donatioiis are recogiiised wlien the cliai'ity lias beeii iiotified in wi'lting of botli the aniount aiid settlement date.
In tlie event Iliat a doiialion is subject lo coiidilions that require a level of pei'loi'iiiance by tl)e chai'ily befoi'e Ilie
cliarity is entitled to the funds, tlie income is defei'red and not i'ecognised uiitil eiilier tliose conditioi)s al'e fully
niel, oi. the fuifilii)ent of tl)ose condilioiis is wl)olly witl)in Il)e conli'ol of tlie cliarity and it is pi'obable tl)at Iliesc
conditions will be fulfilled in Ilie repoi'ting pei'iod.
Legacy gifts al'e i'ecognised 011 R case by case basis followiiig Ilie gi'ant of pi-obate wlien tlie
administi7toi./cxeeLltoi' foi- tlie estate l)as comiiiiinicated in wi'lting botl) tlie ainoiint and scttlenient dale. In tl)e
evcnt tliat tlie gift is in Ilie form of an asset otlier tlian casl) or a financial assel ti'aded on & i'ecogniscd stock
cxchaiige, i-ecognition is subject to the vallie of the gift being i'eliably Ineasui'able with a de￿'ee of i'easoiiable
accvi'acy and the lille to tl)e asset having been IransfeiTed to tlie cliarity.
Gi'aiils i'eceii)able
Gi?nt8 al'e I'ecognised wlien the cliai'ity has an entitlement to tl)e funds and any conditions linked to the ￿'allts
liave been met. Where pei'foi'mance conditions are attached lo the gi'ant and al'e yet to be mel, the income is
i'ecogiiised as a liability and included on the balance sheet as defen'ed iiicome to be i'eleased.
liivestiiieiit iiicoiiiÉ
Dividends al'e iwognised once the dividend lias been declared and rkotification lias been iyceived of the dividend
due.
Eypenditure
All expenditui-e is i'ecognised once there is a legal or constructive obligation lo that expeiiditure, it is pi'obable
sertleinent is i'equired and the aniount can be nieasui'ed I'eliably. All cost5 are allocated lo tlie api)licable
expenditui'e lieading tliat aggi'egate similar costs to Iliat category. Wliei'e costs cannot be directly attributed lo
paiticulai. lieadings Iliey l)ave been allocated on a basis consistent witli Ilie use of resoui'ees. willi centr&l staff
costs allocated on Il)e basis of tin)e spent, and depreciation cliai-ges allocated on Ilie poi'tion of tlie asset's use.
Oiliei. suppoi'l costs are allocated based on Ilie spi'ead of staff costs.
Raisiiigfiiiids
Tliese are costs incu11.ed in allracting voluiilaiy iiiconie. the management of inveslinents and tliose incuiTed in
li'ading activities Iliat i'aise funds.
Cliaiilable uc(ivilies
Cliai'itable expeiiditure eoii)pi'i.ses tl)ose costs incui'red by the cliarity in the deliveiy of ils activities and seivices
foi. ils beneficiaries. It iiicludes boil) costs tliat can be allocated dii'ectly to sucl) a¢livilies and Iliose costs of an
indirect i)aturc necessaiy lo support Illel￿.
Taxation
Tl)e charity is coiisidei'ed to pass Ilie tests set out in Pai'agrapl) I Scl)edule 6 of Ilie Finance Aei 2010 aiid
therefoi'e il nieets tlic definition of a cliai'itdble coinpany foi. Ut( coi'poration tax pil￿oSeS. Accoi'dingly, tlie
c5)ai'ity is potentially exet]Ipt fi'oni taxation in i'espect of income or capital gaiiis i'eceived within categoi-ies
covered by Cliaptei. 3 Pait I l of Ilie Coi'poi'atioii Tax Act 2010 01. Sectioii 256 of Ilie Taxatioii of Cliargeable
Gains Act 1992, to the extent Iliat such income or gains al'e applied exclusively to cliai'itable puiposes.
Tangible fixed assets
Individual fixed assets Costing £0.00 or Inore al'e initially i'ecorded at cost, less any subsequent accumulated
depi'eciation ai)d 8ubsequei)t accuinulaled iinpaii'inent losses.
Pagell

Wythenshawe Hospital Transplant Fund
Notes to the Finaiicial Statements foi. the Year Ended 31 March 2025
DepJ'eciAtioi) and Amor115ation
t)epi'eciation is provided on langible fixed assets so as ¢0 wrile off Ilie cosl oi. valuation, less any estiiiiated
residual value, over Ilieii- expected useful economic life as follows:
Asset elass
Coinpulei. equipment
Depi'eciation metliod and l'ate
20./0 straight line
Curi'eiit asset IDI'estinents
Cui'i'enl dssel invcslinenls al'e included at Ilie lowel- of cost and nel i'ealisable value I niarket value.
Stoek
Stock is valued &t the lowei. of cost aiid estiiiialed selliiig price less costs to coinplcte aiid sell. after due i'egaixl
foi. obsolete and slow iiioving stocks. Cost is detennined usiiig tlie first-in, fii'st-out (FIFO).
Ti'ade dehtoi's
Ti'ade debtors are ainounts due froni custoiners foi. Inerchaiidise sold or services pei'foi'ined in tlie ordinary
course of business.
Trade debtors are i'ecognised initially al Ilie Ii'ansaction pi'ice. Tliey are subsequently measured at ainortised cost
using tlie effective intei'est Inethod, less piovision for iinpairnient. A provision for tlie iinpaiiinent of ti'ade
debtoi's is establisl)ed when thei'e is objective evidence that the charity will not be able to collect all ainounls due
accoi'ding to the original ternis of the receivables.
Cash and cash equivalents
Casli and easli equivftlenls comprise casli on l)and and call deposits, and oilier slioit-term liiglily liquid
inveslineiits Ilial are readily convertible to a known amount of casli and are subject to an insignificant risk of
cliange in value.
Fuiid sti'uelure
Uni'esti'icted income funds al'e genei'al funds that are avRilable for use at tlie trustees discretion in fllitheranoe of
tlie objectives of tli¢ cliarity.
Resli'icted inconie furids al'e tliose donated for use in a pai'liculai. area or for specific purposes, the use of wlii¢h
is resti'icled to Il)at ai-ea or puiyose.
riinaDciAI Insti'uments
Classificalioii
Finaiicial assets and fiiiancial lig4bilities are i.eco￿lised wlien the cliai'ity becoiiies a paity to Ilie contractual
provisions of Ilie insliuinent.
Financial liabilities and equity instiuments are classified aeeoLding to the substance of the contractual
ai'rangeinents entei'ed into. A]1 equity i1)sli￿ment is any contract Iliat evidei)ees a I'esidiial interest in Ilie assets of
tlie cliai'ity aftei. deducting all of ils liabilities.
Page 12

Wythensliawe Hospital Transplant Fund
otes to the Financial Statements foi. the Year Ended 31 March 2025
Recogiiikioii uiid iiieusiii'eiijeiil
All fiiiancial assets and liabilities are initially measuLed al Ii'ansaction pi'ice (including transaclion costs), except
for tliose financial assets elassified as at fail. value Ilu'ougli pi'ofit oi. loss, whicli are iiiitially iiieasui'ed at fail.
value (whicl) is iioi'nially Ilie Ii'aii.8aclion pi'ice excluding Ii'ansaclion costs), uiiless Ilie ari'ai)gement constitutes a
financing Irai)saction. If an ari2ngenient eoiistitutes a financing li'ansactioii, tlie financial asset or finai)eial
liability is iiieasui'ed at the present value of the fumre paynienls discounted at a iiiarket rate of inlei'esl foi. a
siinilai. debi insts'uinent.
Financial assets and liabilities are only offset in tlie statement of financial position wlien, and only wlien tl)ei'e
exists a legally enfoi'eeable i'iglit to set off tlie i'ecognised amounts and th¢ chaiity intends eitliei. to settle on a
net basis, oi. to t'ealise the asset and sctile the liability siiniiltaneously.
Financial assets al'e derecognised wlieii and only wlien a) the contractual riglils to the casl) flows fi'om Ilie
finaiicial asset expii'e oi. al'e settled, b) Ilie cliai'ity Ii?nsfei3 lo anoiliei. pai'ty substantially all of Ilie i'isks and
i'ewards of ownersliip of tl)e fiiiancial asset, 01- c) Ilie cliarity, despite l)aving retained some, bul not all,
significant risks and i'ewai'ds of ownei'sliip, lias ti'aiisfen'ed coiiti'ol of Ilie asset to Anotl)er pai'ty.
Financial liabilities al'e dei'ecognised only when tlie obligation specified in tlie conliact is dischai'ged, cancelled
oi. expiits.
Page 13

Wytliensliawe Hospital Transplant Fund
Notes to tlie Finaiicial Statements for the Year Ended 31 Mai'ch 2025
3 11)coine fi'oin donatioiis aiid legacie$
Uiiresti-ieted
fuilds
Genei'al
Restricted
funds
Total
2025
Donations and legacies.
Doi)alions froin coinpanics, tiusls and siinilai.
proceeds
Doriations froiii individuals
In Imeiiioriam
Giants, including capital gi'ants.
Gi'ants froiii companies
2,431
56,625
9,797
2,431
116,625
9,797
60,000
4,500
4,500
68,853
64,500
133,353
Unresti'icted
fullds
Genei'al
Resti'ieted
fuiids
Total
2024
Donations and leE&cies'
Doiiations from coinpanies, li'usts and siinilar
proceeds
Donations from individiials
Legacies
In Ineiiioi'iain
Gi'ants, including capital gi'ants.
Gi'ants froin coiiipanies
2,465
52,013
5.219
17,364
2,465
52,013
5,219
17,364
10,000
10,000
77,061
i 0,000
87,061
4 Inconic fi'oni other trading activities
Uni-esti'icted
funds
Geiiei'al
Total
2024
Total
2024
Ti'adiiig income.
Incoine fioni sales of mei-cliandise
Fundi'aising events
1,364
47,853
1,364
47,853
972
53,523
49,217
49.217
54,495
Page 14

Wythenshawe Hospital Transplant Fund
Notes to the Financial Statements foi. the Year Ended 31 mai.ch 2025
S liivestment incoine
Ui))'estricted
fuiids
Genci'xl
Total
2025
Total
2024
Interest i'eceivable and siinilai. income-
Interest receivable on bald( deposits
Oiliei. investment iiicoine
19,078
16,474
19,078
16,474
13,185
16,320
35,552
35,552
29,505
6 Expenditui'e oll raisiiig funds
a) Costs of ti'ading aetivities
Unresti'ieted
funds
Geiieral
Total
2025
Total
2024
Fundraising trading costs.
Fundi'aising
Costs of goods sold
11,267
447
11,267
447
7,719
2,622
11,714
1,714
10,341
Page IS

Wytlienshawe Hospital Transplant Fund
Notes to the Financial Statements for the Year Ended 31 Mai'ch 2025
b) Investiiient manageDient costs
Uni'esti'icted
fuiids
General
Total
2025
Total
2024
Interest payable.
Oil)er intei'est payable
Finance chai'ges.
Bank cliai-ges
Oilier investinent Inanageinent costs;
Aniounls payable lo investnient nianageis
73
73
64
237
237
679
7,241
7,241
6.856
7,551
7,551
7,599
7 Expendlture on cliaritable activitles
Unrestricted
funds
Genei'al
Resti'icted
funds
Total
2025
Medical supplies l equipmeiit
Otl)ei' eliaritable donations
Administi'ation and otlier costs
Staff costs
83,239
41,609
15,012
14,164
83,239
46,441
15,012
14.164
4,832
154,024
4,832
158,856
Uni'estTr'ieted
funds
General
Resti'icted
funds
Total
2024
Medical supplies l equipnient
Oilier cl)arilable donations
Adniinisti'ation and otlier costs
Staff costs
42,122
24,407
19,655
12,047
3,666
11.008
282
45,788
35,415
19,937
12,047
98.231
14,956
113,187
Page 16

Wythensliawe Hospital Transplant Fuiid
Notes to tlie Financial Statements for the Year Ended 31 Mai'ch 2025
8 Net incomingloutgoing t'esourees
Net inconiing i'esources for the yeai. include..
2025
2024
Depi-eciation of fixed assets
Finance cliai'ges payable
Independent Exaniiners Fee
205
237
2,800
205
679
2,670
9 Ti'ustees reinuiiej'ation and expenses
No ts'iistees, noT any persons connected witli tliem, Iiave I'eceived any reinuneiation fi'om the cliai'ity diiring the
year.
No trustees Iiave received any reiftibursed expenses or any otlier benefits froni tl)e ¢liarity dui'ing tlie year.
10 Staff costs
Tlie aggiEgate payi'oll costs wei'e as follows..
2025
2024
Staff costs during tlie yeai. )vei'e:
Wages and salaries
Pension costs
13,734
430
11,468
579
14,164
12,047
Tlie nioiiilily avei'age nuinbei. of persons (including senior manageiiient I leadersliip leani) employed by Ilie
cl)arity during tlie yeai. expressed as full tiine equivaleiits was as follows..
2025
2024
No
Adininisli'atiiie Staff
No eniployee received einoluinenls of more Ilian £60,000 dui'ing Llie year.
I l Taxation
The cliaL'ity is a i'egistered chai'ity and is thei'efore exeiiipt fi'om taxalioii.
Page 17

Wythenshawe Hospital Transplant fiund
Notes to the Financial Statements for the Year nded 31 mai.ch 2025
12 Tangible fixed assets
Coiiiputer
equipment
Total
Cost
At l Api'il 2024
1.023
1,023
Ai 31 Mareli 2025
1,023
1,023
Depi'eciation
Ai l Api'il 2024
Chai'ge for the year
205
205
205
205
At 31 Marcs) 2025
410
410
Net book value
At 31 Mai'ch 2025
613
613
At 31 Marcl) 2024
818
818
13 Stock
2025
2024
Stocks
200
200
14 Debtors
2025
2024
Pi'epaynients
Oil)er debloi's
191
191
190
191
15 Curi'ent as*et Investments
2025
2024
Listed oilier sliares
547,191
553.491
16 Cash Aiid cash equivalents
2025
2024
Cash at bai
1,007,229
964,445
Page 18

Wythenshawe Hospital Transplant Fund
Notes to the Financial Statements for the Year Ended 31 March 2025
17 Ci'editors: ainounts falling due within one yeai.
2025
2024
Oil)er thxation and social securily
Pension sclieme creditor
Acciuals
336
71
7,730
628
9,967
8,137
10,595
18 Funds
Otlier
i'ecognised
gainsl(Iossc5)
Balance at
31 March
2025
Balance at I
Api'il 2024
Incoming
i'esoui'ce5
Resources
eypended
Unresti'icted funds
Gene171
I,SOO,153
153,622
(173,289)
(1,266)
1.479,220
Re$trlcted funds
8,398
64,500
4,832
68,066
Total funds
1,508,551
218,122
(178,121
(1,266)
1,547,286
Otlier
l'ecogiiised
gains/{losses)
B#lanee at
.11 MAI'ch
2024
Balante at I
Api'il 2023
Incoming
resources
Rcsoui'ces
expended
Uni'estricted funds
Genei'21
1,422,039
161,061
(116,171)
(14.956
33,223
1,500,152
Restricted funds
13,354
10.000
8,398
Total funds
1,435,393
171,061
131,127
33,223
1,508,550
The specific purposes for which the funds al'e lo be applied are as follows..
Tl)e i'esti'icled ineoiiie fui)ds coinpi'ise ainouiils given by donoi's wlio indicate Iliat Ilieii- donations al'e to be spent
on specific ileiiis lo be used, or piojects to be cai"i'ied out, at Wyil)ensl)awe Hospital to fui'iliei. Ilie objects of tlie
cl)arity. Tlie balai)ce at tlie yeai- end can be splii between equipineni for Iieai-ls £424 (2024- £424), expeiiditui'e
for Ilic bungalows £7.641 (2024.. £7,641), a scientific I'eseai'cli doiiation £60,000. Tliei'e was not an opporliinily
to use these funds for the specified piiiyose in th¢ 2024-2025 financial yeai-.
Page 19

Wythenshawe Hospital Transplant Fund
Notes to the Financial Statements for the Year Ended 31 mai.ch 2025
19 Aiialysis of net assets betiveen funds
Uni'esti'icted
funds
Desigiiated
Total funds at
31 Mai'cli
2025
Restricted
funds
Tangible fixed assets
Curi'ent assets
Cui'i'ent liabilities
613
1,486.744
(8,138)
1,479.219
613
1,554,810
(8,138)
68,066
Total net assets
68,066
1,547,285
Uiirestl'ficted
fuiids
General
Total funds At
JI Mai'ch
2024
Restricted
runds
Tangible fixed assets
Curi'ent assets
Current liabilities
818
1,509,929
10,595)
818
1,518,327
{10,595)
8,398
Total nel assels
1.500,152
8.398
1,508,550
20 Related pai'ty transactions
There wei'e no i'elaled pai'ly transactioiis in the yeai..
Page 20