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← League Of Friends Of Beccles And District War Memorial Hospital

2025-06-30-accounts

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 3074 JUNE 2025

Charity No. 1060019

Newman & Co Chartered Accountants 7 Hungate Beccles Suffolk NR34 9TT

THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 30™ JUNE 2025

PageNo.
TheAnnual Report 1
TheTrustees Report 2-4
Statement ofFinancial Activities 5
Summary Income andExpenditureAccount 6
Balance Sheet 7
Cash Flow Statement 8
Notes to the Financial Statements 9-10
IndependentExaminer’sReport 1]

THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL CHARITY REGISTRATION: 1060019 THE ANNUAL REPORT

The Trustees submit the Annual Report and Accounts of the Charity for the year ended 30™ June 2025.

LEGAL AND ADMINISTRATIVE DETAILS

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|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Constitution:|The League of|Friends|of Beccles & District War Memorial Hospital| |is|registered under the|Charities|Act|1960.| |Charity|Registration No:|1060019| |Registered|Address:|Beccles|&|District War Memorial|Hospital| |St.|Mary’s|Road| |Beccles| |Suffolk| |NR34|9NQ.| |Chairman:|Dr.|P.|Harrison| |Trustees:|Dr.|A.|Bubb,|Dr|P.|Harrison,|Dr.|G.|Collins,|Mrs.|A.|Arnold,|Ms.|J.| |LaBanc,|Mrs.|E.|Wilson,|Mr.|R.|Andrew,|Mr.|J.|Reid,|Mrs.|H.| |Patchett,|Mrs|S.|Webber,|Mrs.|C|Wheeler,|Mr.|D|Lewis,|Ms.|L| |Coleman.| |Principal Bankers:|Nationwide,|Lloyds TSB|Ple| |1|New|Market|47|London|Road North| |Beccles|Lowestoft| |Suffolk|Suffolk| |NR34|9HQ|NR32|1BL| |Independent|Examiners:|Newman & Co| |Chartered|Accountants| |7|Hungate| |Beccles| |Suffolk| |NR34|9TT| |Solicitors:|Norton Peskett|Solicitors| |Exchange|Square| |Beccles| |Suffolk| |NR34|9HP| |Principal|Objects:|The|principal|object|of|the|Charity|is|to|provide|funding|for|the| |benefit|of patients|and|former|patients|in|the|community|of Beccles| |&|District|War|Memorial|Hospital|and|Beccles|Health|Centre,|and| |generally,|to|support|the|charitable work|of said|hospital.|

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL CHARITY REGISTRATION 1060019

TRUSTEES REPORT FOR THE YEAR ENDED 30" JUNE 2025

The trustees present their report along with the financial statements of the charity for the year ended 30" June 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 9 and comply with the charity’s trust deed and applicable law.

Reference and Administration details

Please refer to page | of the accounts.

Structure, Governance and management

The Charity is constituted by a trust deed registered with the Charity Commission under charity number 1060019 in 1996 and as amended 7" December 2016.

The Charity shall elect each year, by rotation, Trustees to serve for a period of three years at the Annual General Meeting, from nominations, duly proposed and seconded and received by the Secretary at least seven days prior to the meeting. The Committee of Trustees shall have the power to fill any vacancies at the first meeting of the newly elected members.

The charity is run by a committee which consists of the elected Trustees and Officers drawn from these Trustees, who meet at least four times a year to discuss and decide on financial and other matters to assist patients and former patients of Beccles Hospital and Health Centre, according to the Constitution. The constitution is at present being reviewed to ensure that the Trustees are meeting their obligations.

Objectives and Activities

The object of the League, per the trust deed, shall be to benefit patients and former patients of the Beccles and District War Memorial Hospital, and generally, to support charitable work of said hospital.

The trustees have considered the Charity Commission guidance on public benefit. At the Trustee meetings they regularly monitor the activities of the charity to ensure they are in agreement to the objectives set out in the trust deed. In doing this, the trustees have considered the public benefit when planning the activities for the year, and when reviewing the aims and objectives for the charity.

Please note that the Beccles Hospital, to whom the charity gives the majority of its financial assistance, is an NHS hospital, and therefore available to the general public. The benefits, as outlined below, are to both the staff in the performance of their work there, but in the main to the public who are treated there. The charity also aims to benefit other invalids within the community and continues to do this by providing to other local charitable organisations who treat invalids who are sick, convalescent, disabled, handicapped and infirm.

Although the charity’s activities are restricted geographically to helping those who are affected within the Beccles and surrounding district (as per the trust deed) there are no further restrictions as to who gains from the benefits provided and there is no discrimination associated with class or otherwise.

The Friends continue to contribute to try and make the hospital and health centre better places for patients and staff alike through financial assistance in a variety of ways.

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL CHARITY REGISTRATION 1060019

TRUSTEES REPORT YEAR ENDED 30° JUNE 2025 CONTD..

First and foremost, we help with the purchase of equipment and funding of improvements to the fabric of the hospital and its surroundings. In the last year the Friends have spent £15,638 on charitable expenditure for the Hospital, with £11,400 being spent on medical equipment and furniture. Also, the Friends help with other things such as the care and maintenance of gardens at the hospital and to provide slippers, newspapers, magazines, and amenities for Patients during their stay in Hospital.

Achievements and Performance

This year has showed a continuation of the excellent support that the Friends receive from the local community, which has left us in a very healthy financial position, and well-placed to give further support to the hospital in the years to come.

At the end of the financial year the Friends had on deposit & in hand the sum of £804,917, a net increase in funds held in the year of £40,879.

The Friends continue to receive donations in memory of deceased former patients, and also from other members of the public and local organisations who for various reasons wish to show their support for the work of the hospital and its staff. Substantial funds were also received in the form of bequests from those wishing to show their appreciation of Beccles Hospital.

Plans for the Future

The Trustees do not expect any material changes in the published objectives of the Charity in the forthcoming year and will continue to receive and expend funds for the benefit of the patients and former patients of Beccles Hospital within the Hospital and in the local community where the other sources are unavailable.

With reserves growing significantly in the recent past the Trustees have discussed informally the level of investment with a view to spreading the investments over several banks at the same time accepting that professional advice and action in this area would require expenditure. To date investments are placed in three leading banking institutions.

Reserves Policy

The level of unrestricted reserves at the year-end was £803,743. As well as supporting local charities as stated above, we spend what we are asked to spend by the Hospital, after it has been agreed by the Trustees. We ask all (hospital) departments to submit requests. It is intended that the Hospital’s primary use will be for intermediate care. The Trustees will still look to maintain unrestricted reserves at a level of at least £200,000. This amount would allow for the usual charitable giving to take place, for a period of approximately 12 months, in the event that income received should significantly decrease.

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL CHARITY REGISTRATION 1060019

TRUSTEES REPORT YEAR ENDED 30'™ JUNE 2025 CONTD...

Investment Policy

The funds held by the charity are held in interest-bearing accounts at Nationwide Building Society and Bonds at Lloyds Bank, where there is little risk to the capital sums held.

Risk Policy

The trustees have assessed the major risks to which the charity is exposed and are satisfied that the systems are in place to mitigate the exposure to the major risks.

Statement of trustee’s responsibilities

Law applicable to charities in England and Wales requires the trustees to prepare the Annual Report and financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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.

Approval 2 ( lof This report was approved by the trustees on asOL (wo and signed on their behalf.

Signed by Chairman

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30™ JUNE 2025

Total Total
Unrestricted Restricted Funds Funds
Note Funds Funds 2025 2024
£ £ £ £ £
Income& Expenditure
Incoming Resources
IncomingResources from
Generated Funds:
VoluntaryIncome 2 29,629 - 29,629 8,519
Activity forgenerating funds 1,085 - 1,085 854
Investment Income 3 27,897 - 27,897 3,174
TotalIncoming Resources 58,611 - 58,611 12,547
Resources Expended
Costs ofGenerating Funds:
Fundraising trading costs 625 - 625 93
Charitable Activities 4 15,638 - 15,638 16,463
Governance Costs 5 1,903 - 1,903 2,249
TotalResources Expended 18,166 - 18,166 18,805
Netmovement infunds fortheyear year 40,445 - 40,445 (6,258)
Reconciliation offunds:
Total funds brought forward
at 1 July2024 763,298 - 763,298 769,556
Total funds carried forward
at30June2025 803,743 - 803,743 763,298

The notes on pages 9 to 10 forma part of these financial statements.

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30™ JUNE 2025

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||||||| |---|---|---|---|---|---| |Note|2025|2024| |£|£| |Gross|income|of continuing|operations|58,611|12,547| |Total|expenditure|of continuing|operations|18,166|18,805| |Net|Surplus/(Deficit)|for|the Year|40,445|(6,258)|

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The Summary Income and Expenditure Account is derived from the Statement of Financial Activities on page 5 which, together with the notes to the accounts on pages 9 to 10 provides full information on the movements during the year on all the funds of the Charity.

The notes on pages 9 to 10 form a part of these financial statements.

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL BALANCE SHEET AT 30™ JUNE 2025

2025 2024
Note £ £ £ £
CURRENT ASSETS
Lloyds Treasurers Accounts 4 65,378 52,348
Nationwide Investment Account 274,155 261,690
Lloyds Investment Accounts 465,384 450,000
Prepayments 6 116 517
805,033 764,582
LIABILITIES: Amounts falling
within one year 7 (1,290) (1,284)
NET CURRENT ASSETS 803,743 763,298
NETASSETS £ 803,743 £763,298
Representing:
ACCUMULATED FUNDS
Unrestricted funds 803,743 763,298
Restricted funds - -
£ 803,743 £763,298

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(A
Trustee
The financial statements were approved by the Trustees on: Date LO(«(Ze
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ose

The notes on pages 9 to 10 forma part of these financial statements.

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL CASH FLOW STATEMENT

FOR THE YEAR ENDED 30° JUNE 2025

2025 2024
SOURCE OFFUNDS £ £
Net Income/(Expenditure) fortheyear 40,445 (6,258)
Totalfunds Retained 40,445 (6,258)
INCREASE/(DECREASE) INFUNDS
FOR THEYEAR 40,445 (6,258)
MOVEMENT INFUNDS
Movement in debtors (428) 27
Movement in creditors (6) 336
Movement in liquid funds:
Increase/(Decrease) inbankbalances 40,879 (6,621)
40,445 (6,258)

The notes on pages 9 to 10 form part of these accounts.

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30' JUNE 2025

  1. ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP 2005) issued in March 2005, and applicable UK Accounting Standards and the Charities Act 2011.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. This includes legacies received.

Resources Expended

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Costs of generating Funds

Costs of generating funds are those costs incurred for fund raising purposes.

Charitable Activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities for its beneficiaries. These costs are listed at note 4.

Governance Costs

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity, and include its audit fees and costs linked to the strategic management of the charity. These costs are listed at note 5.

Stock

Stock is included at the lower of cost or net realisable value.

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|||||| |---|---|---|---|---| |2.|VOLUNTARY|INCOME| |2025|2024| |£|£| |Donations|525|1,525| |Legacies &|Bequests|29,104|6,994| |29,629|8,519| |3.|INVESTMENT|INCOME| |2025|2024| |£|£| |Interest|receivable|on|cash|deposits| |in|the UK|27,898|3,174|

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THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30™ JUNE 2025

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|||||||| |---|---|---|---|---|---|---| |4,|COSTS|OF|CHARITABLE|ACTIVITIES|(‘Direct|Costs’)| |2025|2024| |£|£| |Equipment|purchased|-|Hospital|11,400|8,627| |-|Surgery|-|2,906| |Newspapers,|books &|magazines|for Hospital|ward|1,828|1,85| |Hospital|staff /|patient|Christmas|gifts|652|600| |Sundry|items|for Hospital|-|90| |Refreshments|547|348| |Hospital|gardening|costs|1,031|2,037| |Footwear|180|-| |15,638|16,463| |5.|GOVERNANCE|COSTS|(‘Support|Costs’)|2025|2024| |£|£| |Accountancy|and|other non|audit|fees|1,140|1,100| |Licences,|subscriptions|&|insurance|583|969| |Telephone|180|180| |1,903|2,249| |6.|DEBTORS:|Amounts|falling|due| |within one|year| |2025|2024| |£|£| |Prepayments|116|544| |7.|LIABILITIES:|Amounts|falling|due| |within|one|year| |2025|2024| |£|£| |Creditors &|Accruals|1,290|1,284|

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE LEAGUE OF FRIENDS OF BECCLES & DISTRICT WAR MEMORIAL HOSPITAL

I report on the accounts of the Charity for the year ended 30" June 2025, which are set out on pages 1 to 10.

Respective responsibilities of Trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual terms or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true & fair” view & the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

Leslie Robert Newman FCA

Newman & Co Chartered Accountants 7 Hungate Beccles Suffolk NR34 9TT

Date: 2! | pete

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