COMPANY REGISTRATION NUMBER: 03511461 CHARITY REGISTRATION NUMBER: 10685rJ The Guild of Friends of the Bristol Royal Hospital for Sick Children Company Llmited by Guarantee Unaudited Financial Statements 31 March 2023 11111111111 •ACE24Q23' 1311012023 COMPANIES HOUSE A15 EABR co NAI LTD Accountants Barley Wood Stables Long Lane Wrington North Somerset BS40 5SA
The Guild of Friends of the Bristol Royal Hospital lor Sick Children Company Limited by Guarantee Financial Staternents Year ended 31 March 2023 Page Members. annual report (incorporating the direclofs report) Independent examiner's report to the members Statement of financial activities (including income and expenditure account) Statement of financial posbtion Notes to the financial slatements
The Guild of Friends of Ihe Bristol Royal Hospilal for Sick Children Company Limited by Guaranlee Members, Annual Report (Incorporaling the Direclor's Report) Year ended 31 March 2023 The members, who are aLso Ihe directors for the wrF)5es ol company law, Fxesent their report and the unaudited financial statements of the charity for the year erJed 31 March 2023. Aelerence and admlnlstratlvè detalls Reglstefed charlty name The Guikl of Friends of Bristol Royal Hospital for Sick Children Charity registratlon number 1068523 Company registration number 03511461 Prlncipal office and reglstered M¥Jdle Lce offlce Fefsfiehj Bath BA2 SAR The mernbers Mrs C Bartebt Mrs L Forbes Mrs G Mccaldin Miss C Tayk)r Mr5 L TfrM)rnhill Mrs J Tovey Committee ol Managemenl.. Chairman Mrs J T¢)vey VKe Chairman Mrs C Bartelot Hon Treasurer MrJ Adams Commiitee Mrs L Fortes. frArs G Mecaklin. Ms O Hal. Mrs H Thomhill, Rebecca Batwick-Barrett, Mrs Sarah CamFthII. Mrs L Thomhill (Volunteer Member). Esme Hunton Ivolunleer Member) Company secreiary Miss C Tayk Independenl exarniner DavKI E Seabright & Co (Nailseal knmiled Barfey Wo(xl Slables Long Lane Wriwon North Somerset BS40 5SA
The Guild of Frlends of the Bristol Royal Hospital for Sick Children Company Limited by Guarantee Members. Annual Report (Incorporating ihe Direclor's Report) (contlnued) Year ended 31 March 2023 Structure. governance and management The charity is run by the members ol the Management Committee who are direeiors lor the purpose of company law and trustees for the purpos8s ol charity law. The Comm(ttee members who served during the year are set on on page 1. The Committee has the rx)wei to appoint adrtna1 members as it considers necessary. Committee meelir¥Js generalty take rAace every lo three months. Committee members are aii unpaid volunteers an(J may claim reasonable out of ket expenses. Any Committee member provKling professional servKes beyond their normal work as a trLJsleeldirector may receive reasonable and proper reMUnera)n lor those sefwes. No Committee member received any such remuneration during the year. Oblectl¥es and acllvltles The charitable companls goveming documents are a Memorandum and Articles ol Association dated 10th February 1998. The 0tr4ects ol the charity are lo obtain lunds to be expendedas follows.. - For the benefit ol chldren who are patients in the Bristol Chibjren's Hospital.. - To provth assistance to the parents or guardians of such ¢hiklren.' - To provKle assistance ameneS al the Hospilal Achleyements arKI perforrnan The charity's income is derived from fuThJrrising acb"vities. donations and bewesls and inveslmenl income. Expendituie comprL%es the cosis a$slated with fundraising acltvitses. operaiK)nal costs and distritionS paid in furtherance ol the charitys Objects_ Donations and bequests are S)Wn in Note 8 to the accounts. FollowiThJ the end ol the Covid-19 Pandemic, the Charity was at4e lo retum to some ol rts normal fundraising ath"vities, inclLading parb"upating in a highly successful Mendip Fair in November. The Cha¥ity raised a reeord £8.837.50 in Fxoeeeds Irom the F&r, in addib'on lo a £1,000 donation from Le Marchanl Trust. The Charty was also in receipt of a number ol beweathments one off donatnS raised through sponsored sForting events. The CThariVs activities generated a lolal net surp4us before hosprtal distn"bulions 01 £6.779. In addition IO this distributions were paid out kn the hospital in the sum of £40,763. Together this resutts in an overall net del1 loi the year of £33,98412022 net dglKat £1.5691. Dislribulions to the howtal out dUrIj the ypar accordance wth the charitys C*)jects are shown in Note 8 and comprised the f01bng. - Exercis8 Tolefance Equipment1È25.000) - Travel & Subsislen¢e lor lamih'es wlh chikyren al the hosWJ1£15,000) - Molhef's Day & ward gifts - Funding Crafts & Aclivities lor Ihe hospital Play Dèpartment at Christmas and Ea$ter
The Gulld ol Friends of the Bristol Royal Hospital for Sick Children Company Limited by Guarantee Members, Annual Report (Incorporating the Director's Report) {c4rfnu8d? Year ended 31 March 2023 Flnanclal revlew In order to rationalise and oplimise tr irthme from tyjr [h)nfol. we have continued to engage Evetyn Partners Ilormerly Smith & Williamson IrNestmeni Management) to manage our inveslmenls. The Committee COnse{S the finanuaj poSitn of Ihe tharity to be strory because of the Charitys investment wrtfolio, limited operabng costs aThJ slrong balance sheet. However. during the last accounting period, the portfolio decreased in value from £271,021 to £247.186. Market turbulence and rising interesi rates led to a decrease in value ol some ol Ihe fixed -income assets in the wrtfolio although the investments have conts.nued to dUce regular wKome averaging £926.51 pei month. Plans for future perTods The Guikl has regular commrtments lo provKle monlhty financial assistance lor the social workers, support lor the Angels in Art decorative siar projecl, the funding ol professional entertainers IPODI and powdered milk and colfeehea fow the Friends ol Parents. The Guild is planning to COndt fundraising tn Ihe usual way in Ihe comirvj finaneid yeaf. Future planned purchases of equipment Irlude the Ik)vj. Four sleep machines {eslimale cosl of £5.OW per unit} - The Guihy plans to lyjy a rarKJe of items to suw)ort the Activty Centre at the hosiNtal Small company pro¥lsions This rep)rt has been wepared in accordae wlh the provisi¢S aw)luble lo Companies entilled to the small companies exemption. The members. annual reFth was appr¢)ved on 18 September 2023 and signed on behalf ol the board ot trustees by: Adams (Hon. Treasurer)
The Guild of Friends of Ihe Brislol Royal Hospital for Sick Children Company Limiled by Guarantee Independent Examiner's Report to the Members of The Guild of Friends of Ihe Bristol Royal Hospital lor Sick Children Year ended 31 14larch 2023 I report lo the members on my examination ol Ihe financial slalements of The Guild ol Friends ol the Bristol Royal Hospital lor Sick chik1n {Ihe charity) lor tt)e year eth 31 March 2023. Responslbllities and basls of report As the members ol the company land aL%o its directors for the purposes ol company kw) you are responsible lor the preparation of Ihe financ statements in accordance with ihe requirements ol the Companies Act 2006 Ilhe 2006 Act'l. Having salislied myself that the accounts ol th8 Company are nol rgquired to be audr¢fjd undgr Part 16 ol Ihe 2006 Act and are eligible lor IndepeJen1 examinalwjn, I report in respect ol my examination of the Chari$ accounts as carried out under section 145 of the chare$ Act 2011 I'lhe 2011 Acl'l. In carrwng out my examination I have followed the Direekn"ons given by Charity Commission under section 14515llb) ol the 2011 ACL Independent examlnerfs statement I have completed my examination. I confim that no matters have come lo my attentn in connection with the examinath?n giving me cause to believe= accounting records were Th)1 kepl in re5pecl of the charity as required by section 386 01 the 2006 Act- or the linancial statements do not acrd with Ih)se records." or the finala1 staiemenls do not compty wih the accounting requirements ol section 396 01 the 2006 Act other than any requirement that the accounts give a'lrue and lair. view bthich is not a matter consN*red as part ol an independent examinabon" or the linaneial statements have not been prepareil in accordance with the methods and wincipks ol the Statement of Rmrnended PraCte lor accounting and reporting by charities applicable lo tharities preparir#J their accounts in accordance with the Financial Reporting Standard aFyIible in the UK and RepU1C ol Ireland IFRS 1021. I have no concems and have come across no other matters in conneetson wth Ihe examination to which artenlion shoukl be drawn in this rewrt in order lo enable a proper understanding ol the a¢count5 to be aChed. Seabrighl & Co IN&eal Limited Independent Examiner Barley Wood st$ Long Lane Wrinoon North Somersel BS40 5SA 18 September 2023
The Guild ol Friends of Ihe Bristol Royal Hospitsl for Sick Children Company Limited by Guaranlee Slalemenl of Financial Activities (Including income and expenditure account) Year ended 31 March 2023 2022 UnrestrKled funds Restricted lund5 Total funds Toial luThJs Income and •ndowments Donations and legacies Charitable activities Inveslrnenl income 12.370 8.838 11.128 12.370 8,838 11,128 32.336 18.186 10.907 Total incomg 32.336 29,093 Expenditure Expèndilure on raising lunds.. Costs ol rasing donations and legacies Expendilurg on charitable activities Total expendilure 40,763 1.722 40,7S3 1,722 42.485 37,902 1,156 39.058 9,10 42.485 Nel Ilossesllgains on investmeffls 12 IZJ.8351 I,835) 8,396 Net oxpenditure 133.984) {33,9841 11.5691 Translers bewn Ivnds 1,860 {1,8601 Nol movoment in lunds 132,1241 {1.8601 (33,9841 11,5691 Reconciliation of lund$ Total lunds lyoughl lovward Total lunds urrTed lOard 404,716 372,592 4,265 2.405 408.981 410.550 374,997 408,981 The slalemenl of linaneial athiwlies indudes all gn5 a1 bsses reccgnised in the year. All income and expenditLlfe derive from continuing activitses. The notes on pages 7 to 15 lorni pwt ol these ffin•n¢iJl statement%
The Guild of Friends of the Brislol Royal Hospital for Sick Children Company Limited by Guarantee Slalemenl of Financial Posilion 31 March 2023 2023 2022 Fixed assgts Investments 16 247.186 271,021 Current assets Debtors Cash at bank and in 17 1,932 126,659 1.932 136.448 128.591 138,380 Crediiors: amounts falling due within year Net eurreni asseis 18 420 127,811 374,997 137.960 408.981 Total assets less curvent Ilabilities Net assets 374,997 408,981 Funds ot the charlty Restricted funds Unreslrthd funds 2.405 372,592 404,716 Total charity funds 19 374,997 408.981 For the year ending 31 March 2023 the charity wa5 ented to exempkn.on Irom audrt uThJer sedion 477 ol the Companies Act 2¢)06 re1ng lo sm&1 companies. Directors. responsibilities.. The members have not required ihe company to obtain an audit of its linancial statements for the year in question in accordance wilh section 476.. The directors acknowledge their responsi.1S for comptying with the requifements ol the Act wrth respect to accounting records and the preparatbon ol financial statements. These financial slalements have been prepared in accordance ihe provisions appIable lo companies subject lo the small companies. regime. These linaneial slalements were approved by the tx)ard ot tntstees arKI authofised for issue on 18 Sèptember 2023. and are signed on behalf ol the t)ard by". Mr J Adams (Hon. Treasurer) The notes on pages 7 to 15 forni part of these flnonclal s¢atemen¢s.
The Guild of Frlends of Ihe Bristol Royal Hospital lor Sick Children Company Limited by Guarantee Notes to Ihe Financial Slatemenls Year ended 31 March 2023 Genefal inlorniatlon The charity is a public benefit ents.ty aThJ a wrvate company limited by guarantee, registered in England and Wales arKI a registered charity in Engla and We9. The address ol tt)e registered office is MKklle Lodge. Ferslield, Bath. 8A2 SAR. Statemeni ol compllance These financial statements have been prepared in compliance wth FRS 102, The Financial Reporting Standard applicable in Ihe UK and Ihe Reputs1 ol IreLand'. the Statement of Recommended Practs'ce applicable to char.e$ preparing their accounts in aecordance with the Financial Reporting Stsndard alicable in ihe UK a1 Republ ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Aci 2006. Accountlng polkie3 Basi$ of weparation The financial statements have been prepared on the hiStOral cost basis, as modified by the revaluation ol certain linancLal assets arKI liabilities and investment properties measured al lair value through wwme or expeIlUre. Th8 financial slalements are Ffepared in $terng. is the lunctr.onal currency of the entity. Going eoncem There are no material uncertainties about the charitys ats.lity lo continue. Judgements arml key sources of estirnatlon uncertalnty The preparatKJn ol the financial stalemenls requires management to make judgements, estimates and assumptions that atteci the amounts reported. These esbmates and judgements are ContinulY reviewed and are based on experience arKI other factors. incI1ng expectations ot future events that are believed to be reasonable VJer the eiicumslances. Fund aceountlng Unreslricled funds are available for use at the discretion of the trustees to further any ol the charivs purposes. Designated lur¥ts are unrestricted fur#ls earmarked by the members lor particular lulure project or commitment. Reslricled funds are sufy"ected io reslriclions on theii experKliture declared by the donor or Ihiough the terms ol an apal. and I1 inlo one ol two sub-classes.. restrieled irKome funds or eThJowment funds.
The Guild of Friends of the Bristol Royal Hospital for Sick Children Company Limiled by Guarantee Notes to the Financial Ststemenls Year ended 31 March 2023 Acc¢)unting pollcles icononu Ineomlng resoue$ All incoming fesources ate included in the stalement ol financial activities when èntitlement has passed to ihe charity.. rt is probable that the economK benefrts associated the Iransaction will flow to the charity and the amount be feliat4y measur&J. The folknwng specilic policies are applied to pth'cular categories ol income.. income Irom donations or grants is reccfvgnised when there is evidence ol entrtlement to the gift, receipt is probable and its amount can be measured ieliably. legacy income is recognised when recew is wobable and entitkement is established. income from donated goods is measured at the lair value ol the gocrfjs unless this is irnpraclical lo measure reliably. in which Case the value is defived from the Cost 10 the donof or the estimated resale value. Donated facilities services are recognised in the aceounls en received il the value be Telithy measured. No amounts are included for the ontributn ol geneial volunl8eTS. income from contracts lor the SUF¥)fy of services is recognised wtth the deh'very of the onlracled serv. This is classrfied a5 unrestncted furKJs unless there is a conliaclual r8quireMenl for il to bo spgnt on a paitular purpose and retumeé il unspent. In which case it may be regarded as reslricted. Resources expended Expendllure is reccgnised on an accTuaLs basis as a liability is incurred. ExperKlilure includes any VAT which Cannot be lulty recovered. and is classilied under headivJs of the slalement of linanoal activilies to which it relates.. expenditure on raising funds InL the costs ol 1 fundraising aclivitbgs, events, non. charilatAe trading acl1wts. arKI the sale of donated gOj5. expenditure on charitthe activ"e$ inclth all c¥)sts irUled by a charity in UertakIng aclivilies that further its charitable aims for the benelil ol ils benet¢iaries, including those support costs and costs relab.ng to the govemance ol the charKty akwrtioned to charitable actiwlies. other expenditure includes 1 expenditLITe that is nerther related to ratsiro funds for the charity nor part of ils expenditure on charitable actiwties. All costs are allccated lo expendj'lure ¢aiegories ref"n9 Ihe use ol the Tesouree. Oireth eost$ attributab to a single aclNity are alkKaled diwlly lo that activity- Shared $ts are apportioned between the aeljvilies they contrilye to on a reasonable. justrfiable and consistent basis. Inveslmentg Unlisted equity investments are irMtiaNy recorded at cost, aThJ 5ubsequenUy measured al laii value. 11 l&r value cannot be reliatly measured. aelS are measured at cost less impairment. Listed investments are measured al fair vakje with chaThJes in lair value beirKJ recognised in income or expenditure.
The Guild of Friends of Ihe Bristol Royal Hospilal for Sick Children Company Limited by Guarantee Notes to the Financial Statements Year ended 31 laarch 2023 cMIng policies Investments In associates Investments in asswates accounted for in accordarte with ihe cost model are recorded at cost less any accumulated impairment bsses. Investrnents in associates accwnted for in accordance 7Mth the fr value model are initially recorded at Ihe transactM)n price. At each rerx)rtiThJ date, the investments are measured at lair value. wilh changes in Ir Value taken through income or expenditure. Where it is iMprticable to'measure lair value rellat¢ wrthoLrt undue cost or effort. the cost Mje1 V+ill be adopted. DividerKls and other distribjtions received from the investment are recognised as income without regard to whether the distritiOnS are from acwmuLaled profrts of the associate arising before or aftef the date ol acquisition. Investmeftt$ In loint ventures Investments in joindy controlled entities accounted lor in accordance wilh the c05t model are recorded al cost less any accumulaled impairmenl losses. Investments in jointty ntrOlled entitw accounted lor in accordarKe wifh the fair value model are inib'ally reeorded al the transaction price. At each reportiThJ date. the inveslments are measured al fair value. wilh changes in l&r value taken through incorne or expenditure. Where il is impfacticable to measure fair Wae reliably wilhoul undue cosl or elfort. ihe cost model will b8 adoplL)J. Dividends and other diStn'tIonS received from the investment areecognised as income wilhoul regaid to whether the dislnbutions are from aecumulaled profits ol the joint venlure arisirg bolore or after the date ol acquisition. Impalrment of flxed assets A eW for indicators ol impwmient is carld out at each lerting date. with the recoverable amount Ling eslimaled where such indalOr$ exist. Where the Carng value exceeds the recoverable amount, the asset is impaired accordir¥Jty. Prior impairments e also reviewed lor possible versal at each rep)rting dale. For the purFoses of impainnent tesliThJ, tthen it is not p)SSib to estimate Ihe recoverable arnount ol an iTrJividual asset. an estimaie is made ol the recoverable amount ol Ihe cash- generating unil to which the assei bek)ngs. The cash-generatirKJ unit is the smallest entIfIable group ol assets that includes the asset and generales cash inlbws thai largely independent ol the cash intbws from olher assets or groups of assets. For impairment iesiing of goothill. the goo(k¥ill acquiied in a business combination is, from th8 acquisition dale. allocated to eaeh ol the cash-geneialing units Ihat are expected lo benefit trom the synergies ol the comtination. iffespeciNe of whether ott)er assets oi liabilities of the charity are assigned to those units. Financlal Inslruments A financial asset or a financial liability ts recognised onty when tt charity becomes a party lo the contractual provisions ol the instrument.
The Guild of Friends of the Bristol Royal Hospital for Sick Children Company Llmited by Guarantee Notes lo the Flnancial Statemenls f¢thAU0) Year ended 31 March 2023 Acnting policies Flnaneial instruments rcon#nwd) Basic financial instruments are initialty recognised at Ihe amount reeervable or payable including any related transaction costs. Current assets aThJ ¢urrenl liakn'lilies are subsequgntly measured at the cash or other consideration expected to be or rKeived and not th$uted. Debt instruments are subsequenty measured at amortised COSL Where irwestments in sharès are bIlY traded or their lair value can olheMse be measured reliably, the investmeni is subsequently measured at lair value wtth changes in laii value recognised in Income arKI experKlilure. All other such investments are subsequently measured al osl less impairment. Other linanciaj instruments. including derivatNes. are In"al recognised at lair value. unless payment for an asset is deferred beyond normal tsinesS temis or financed al a rale ol inreresl that is not a market rate. in which case Ihe asset is measured al the preseni value ol the lulure payments discounted al a market rate of interest IOT a similar debt in$trumenl. Other financial instruments ale subsequently measured at tair value. with any thanges recognised in the slaternent ol fina1 activitses, wth lh8 ex¢eptr)n ol hedging instruments In a designated hedging rejalionship. FinarLial assets that are measured al cosl or amortised cost are reviewed for obje1Ve evidence ol impaimient al Ihe end ol each repKSrting dale. If there is objective evidence of impairment. an impairment loss is recognised under the apwopriale heading in the statement ol financial activities in which the initial gain was renIsed. For all equity instruments regard$$ of sKJnificance, and other financial assets thal are indivKlually signilicanl, these are assessed indivdualty lor impairrnenl. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteiislics. Any revefsals ol impairment are rognISed immediatety. to Ihe extenl that the reversal does nol resutt in a carrwng amounl of the financial asset that exceeds what the earrying amount would have been had Ihe imwmienl nol been rwnised. Limlted by guaranlee The Company is Limired by Guarantee and the liability of every member lor payment ol the debts of the company is limited. in the event ol Ihe same being wound up while they are still a memt*r or wthin one year after Ihey cease to be a member. to such amount as may te requiied not exceeding £1. Donatlons and l¢gaci¢s unstIled Totsl Funds Unreslricled Total Funds FurKIs Funds 2022 Donations Donations and bequesls 12.370 12.370 18.186 18,186 10
The Guild of Friends of Ihe Brislol Royal Hospilal for Sick Children Company Limited by Guarantee Notes to Ihe Financial Slalements Year ended 31 March 2023 Charltable activities Unresiwtted Totsl Funds UnrestrKle(l Total Funds Funds 2023 Funds 2022 Mendip Fair 8.838 Investment income Un(eStre Total Funds Unresiricled Total Funds Fund5 2023 Funds 2022 Income from &sled investments 11.128 11.128 10.907 10,907 Costs ol ralsing donatlons WKI legaeies Unrestsled Funds Restlted Total Funds Funds 2023 Costs ol fwsing donalions arKI kgacies - Grants reCeVable Costs of raising donations and kgacies - Angels in Art eosls 40.763 40.763 40.763 40.763 Unrestricted Funds Restricted Total Funds FurKIs 2022 Costs ol raising donab'ons atKI legacies - Grants receivable Costs ol raising donab'ons arKI *acies - Angels in A costs 36.882 1,020 1,020 1.020 36.882 37.902 Exp•nditure on eh•rllable aetivftles by lund type un[estrled Total FurKls Unrestsled Total Funds Funds 2023 Funds 2022 Support costs 1.722 1.722 1,156 10. ExpmIllure on charftable activitles by •¢tl¥lty type Total funds Total fund 2022 SW costs Main Charitable Actiwty 1.722 1,722 1.156 11
The Gulld ol Friends of the Bristol Royal Hospilal for Slck Children Company Limited by Guarantee Notes to Ihe Financial Statements (¢MliM*d) Year ended 31 March 2023 11. Analysls of support costs AnYs1$ ot support costs Total 2023 Total 2022 Communicatic5 and IT General office Finance costs Governance costs 360 642 360 368 1521 642 720 720 1,722 1,722 12. Net IlowsygaiThs on Inveslment$ Unrestricted Total Funds Unrestrted Totsl Funds FurKIs 2023 FulS 2022 Gainslllossesl on li51&J investments 123,8351 123.8351 8,396 8.396 13. Independenl examination lees 2023 2022 Fees paythe lo the indeFendenl examiner for.. IndepeJent examination of the tinala1 statements 720 14. Staff co8ts The average head count ol employees during the year was Nil12022." Nill. The average nljmbpr ol lull-time equivJent empkJyees duriro ihe year is analed as follows: 2023 2022 No. Number ol Difectofs No empksyee reeived employee beneftts of more than £60.000 during the year12022'. Nil). 15. Trustee remunerntlon and expenses No iemuneration or other benelits from 8mpk>yment wth the charity or a related entity were received by ihe trustees 12
The Guild of Frlends of the Bristol Royal Hospital for Sick Children Company Limited by Guarantee Notes to the Financial Statemenls Year ended 31 March 2023 16. Investments Listed Inveslments Cost or valuation Al 1 April 2022 Additions Fair value movements 271.021 {23,8351 247.186 At 31 march 2023 Impairnient At 1 April 2022 and 31 Mareh 2023 Carrying amount At 31 March 2023 247,186 31 March 2022 271,021 All inveslments shown at¥)ve are l*lJ at vahjation. Flnancial assets held at falr value The Charity hohys a managaed Fyxttolio of investments whh are valued at their mafket value each year. 17. Debtors 2023 2022 Other debtors 1.932 1.932 18. Creditors: amounts falling due within on• y 2023 2022 Accruals and deferred income 780 420 13
The Guild of Friends of the Brisiol Royal Hospital for Sick Children Company Limited by Guarantee Notes lo the Financial Statements (¢onbiwxdJ Year ended 31 March 2023 19. Anatysls of chailtable lunds Uniestrlcted funds Al 1 Apr 2022 Gains and sses 31 Mar 2023 Ifume Expenditure Transfers General funds 404.716 32.336 142,4851 1.860 123.8351 372,592 At 1 Aw 2021 Gains and Al k)sses 31 Mar 2022 Income ExperKlitufe Translers General lunds 405,265 29.093 138.0381 8.396 404,716 The charity has a Sing reslricled lurMJ. the AngeLs Art star desvJn project. whh represents 1 Vo ol ils lolal reserves. Restrl¢ted lund$ Al 1 Apr 2022 Gains and losses31 Mar 2023 rwne ExpeTrJiture Translers Reslricled Fund 1 desc in &cs 4,265 11.860) 2.405 Al 1 Apr 2021 Gains and At losses 31 Mar 2022 Income ExpeIlture Tianslers Aestricted Fund 1 - dese in alcs 5.285 11,0201 4.265 14
The Guild of Friends of the Bristol Royal Hospital for Sick Children Company Limiled by Guarantee Notes to the Flnancial Stalements leankn Year ended 31 March 2023 20. Anatysis of net assets between lunds Unrestricted Funds Aestricled Total Funds Funds 2023 Investments Current assets Creditors less than 1 year 247.186 126.186 17801 372.S92 247.186 128,591 17801 374.997 2,405 Net assets 2,405 uestre0 Funds Reslricled Totsl Funds Funds 2022 Investments Current assets Creditors less than 1 year Net assets 271.021 134.115 14201 404,716 271,021 138,380 14201 408,981 4.265 4,265 15