ODIHAM corrAGE HOSPITAL COMBINED TRUSTS
{Incorporatlng the League of Friends of OCH) LTD
UNAUDITED FINANCIAL STATEMENTS
31 MARCH 2025
Company Reglstratlon Number 3527407
Charlty Number 1068721
GODDARD & CO
3 Church Street
Odiham
Hook, Hampshire
RG29 ILU

ODIHAM COThAGE HOSPITAL COMBINED TRUSTS
(incorporating the League of Friends of OCH) Ltd
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
CONTENTS
Legal and Admlnistrative Information
Trustees Annual Report
Independent Examlnerfs Report
Statement of Financial Actlvities
Summary Income and Expenditure Account
10
Balance Sheet
li
Notes to the Financlal Statements
12
Unrestricted Funds Income and Expenditure
18

ODIHAM COThAGE HOSPITAL COMBINED TRUSTS {incorporatlng the League of Friends of OCH) Ltd
LEGAL AND ADMINISTRATIVE INFORMATION
YEAR ENDED 31 MARCH 2025
Charlty Name
Odiham Cottage Hospital Combined Trusts (incorporatln8
the League of Friends of OCH Ltd
(with effect from 24 July 20141
Previously Odiham Cottage Hospital Charitable Trust
Previously Odiham Cottage Hospital Redevelopment Trust
Charlty Reglstration Number
1068721
Company Reglstratlon Number
3527407
Reglstered Offlce and Operatlonal Address
Odiham Cottage Hospital
Buryfields
Odiham
Hook, Hampshire
RG29 INE
Dlrectors and Trustees
Drj A Worlock
G Deverill
Mrs D C Heald
Dr H C F Heywood
Dr CJ Hunter
l N MacDonald
Mrs C M Mayes
Mrs J Rowlandson
Mrs C M Mitchell
Chairman from 16.4.24
Hon Treasurer
Retired 16.4.24
Chalrman retired 16.4.24
Company Secretary
Mrj Talbot
Mrs V C East
From 30.9.24
Retired 30.9.24
Independent Examlners
Goddard & Co
3 Church Street
Odiham
Hook, Hampshire
RG29 ILU
Bankers
Lloyds Bank PIC
174 Fleet Road
Fleet
Hampshire
GU514DD

ODIHAM COTTAGE HOSPITAL COMBINED TRUSTS (incorporatlng the League of Friends of OCH) Ltd
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
The Trustees present theirannual report and Independently examlned financial statement5 forthe year ended
31 March 2025.
STRUCTURE, GOVERNANCE AND ACTIVITIES
Governin
Document
Odiham Cottage Hospital Combined Trusts lincorporatlng the League of Friend5 of OCHI Ltd I'OCHCT") is a
company limited by guarantee whlch was registered as a Charity (number 10687211 on 13 March 1998. The
company was originally known as Odiham Cottage Hospital Redevelopment Trust IOCHCRE) but its name was
chan8ed in August 2009 to Odiham Cottage Hospital Charitable Trust and then to Odiham Cottage Hospital
Combined Trust5 {incorporating the League of Friends of OCH) on 24 July 2014 following the merger with the
League of Friends of OCH. It was established under a Memorandum of Association which sets out the objects
and powers of the charitable company and is governed by its Articles of Association. In the event of the
company being wound up, each member Is required to contribute an amount not exceeding £1.
Ob'ects Aims and Activities
The Charity provides public benefit through the relief of sickness bv:
Ownin8, runnlng and malntaining the Odiham Cottage Hospital IOCH)
Developing OCH and any other property to provide a base for the provlsion of health and social care,
either:
o Through inpatlent beds, outpatient cllnics and appointments, day centre activities and
communlty group activitles
o In the local community through associated services based at OCH
Such care is to be provided prlmarlly, but not limited, to the residents of Odiham, Old Baslng, Hook,
Hartley Wintney and surrounding villa8es
Further, the Charity may provide financial support to medical and soclal care services in the
community
Or
anisational Structure
OCHCT is managed by a Board of Trustees which met six times In the year. The Trustees as at the year-end
are listed on page 2. The Trustees are responsible for the governance, strategic direction and policy of the
Charity and have a varlety of professional backgrounds relevant to the work of the Charity. All Trustees are
directors of the company for the purpose of the Companies Act 2006.
The Charity has retail tradin8 activities which are carried out by it5 wholly owned subsldiary, OCH Shops Ltd.
This company is managed by a committee that meets as required, whilst supervislon of the shops is carried
out by a Head of Retail who works closely with the shop managers.
Day to day operational matters of the Charity are delegated to a part-time Secretary to the Trustees who also
acts as the Company Secretary.
The investment portfolio is managed by a committee of the Treasurer and ex Trustees each with a finance
background, and reports to the Board twice yearly.

Recruitment A
ointment Induction and Trainin
of Trustees
At each Annual General Meeting, one third of the Trustees must retire and, if eligible, may seek re-election.
At OCHCT'S AGM, to be held on Tuesday 15th July, Mrsjulla Rowlandson and Mr C Hunter will retire and, being
eli8ible, will seek re-election.
The Trustees are mindful of the need to continue to ensure that Board members represent the interests of
the hospital's community and include a skill mix necessary to run the Charity successfully. The Board also
recognise the need for its membership to reflect the cultural and diversity mix of the local community and this
Is taken into consideration when new appointments are made. New Trustees are invited to attend a briefing
with the Secretary which includes an explanation of their obligations under Charity Commission guidance,
tQ8ether with the operational framework of the Charityi its financial and strategic plans and objectives,
Risk Mana
ement
The Trustees undertake a thorough assessment of the significant risks to which OCHCT Is exposed and have
sought to ensure that risk mitigation policies are in place. These are formally reviewed each year. The
Charity's objectives are achieved through provision of Its two maln assets,. the hospital building and its flnancial
resen/es which are enhanced by its shop trading activlties. Operational and financial control procedures exist
to protect and enhance each of these valuable resources. A commercial property and liability insurance policy
is in place.
Related Partles
In so far as it Is complementary to the Charity's objectlves, OCHCT is gulded by both local and national health
and social care policy, Wherever possible, representatlves meet with senior management from the NHS, HCC
Adult Seniices, Hart District Councll and other interested parties to endure that the Charity delivers the best
possible services to its community.
ACHIEVEMENTS AND PERFORMANCE
Mustard Seed Autlsm Trust continue through the second year of a three year lease agreement, and Hart
Voluntary actlon remaln In the Annex building. Additional flnancial support has been given to Hart Voluntary
Action and St. Michaels Hospice this year as our own operations and investments continue to perform well.
The Company Secretary, Mrs V East retired in the year and was ￿plaCed by Mrj Talbot.
The in-house Befriending Servlce continued to operate under the sole management of OCH and our
Befriending Manager Mrs Tina Birch with a regular core of volunteers.
The Trustees remain commltted to supporting the local needs of younger children and thelr families,
particularly given the on-going impact of the pandemic on the mental health of young people. The Trustees
now provide financial support so that children in need at Hook Infants and Juniors, Mayhill Juniors and Robert
Mays School can access therapy through Canine Assisted Learnin8. Meanwhile, the Homestart parent and
young family support group continue their weekly meetings in Hook and the Trustees have committed to
continue to 5UPPOrt the group.
The OCH Annex has enabled Hart Voluntary Action to provide a programme of support to young people and,
where appropriate, their families. Funding for such services remains extremely tight, despite demand

exceeding available resources, but OCH have again provided additional funds this year to ensure the service
can continue to operate at previous levels.
The documented success of the link nurse role at the Whitewater surgery contributed to the appointment of
a Frailty nurse at the Odiham/Old Basin8 surgeries In April 2023. The purpose of the role is to provide proactive
care to support those less able to access GP services, thereby reducing demands on GP time and avoiding
admissions to acute hospital units.
The three retail shops in Odiham, Hartley Wintney and Old Basing had another extremely successful year, in
part thanks to a national resurgence in charity retail but local initiatives by our managers have contributed to
increased footfall and the trading Success. Online selling has proved popular and fruitful.
In November 2021 the Trustees met to consider the long term financial future of the charity. They recognlsed
the conflicting demands of current need for services and the requirement for the charity to continue to meet
Its objects in the long term future. The success of the Shops has enabled the charity to continue to increase
the amount of support It provides to local service5, whilst working towards a balanced budget.
FINANCIAL REVIEW
Unrestricted Funds
As shown in the Statement of Financlal Activities, the Charity received unrestricted donations of £16,707
compared to £7,199 in the previous year. The Trustees are most grateful to receive the support of so many
individuals, clubs and events in the year and in particular a local golf club that made a significant donatlon.
As mentioned above, OCH Shops Ltd, the wholly owned subsidiary of OCHCT, made a record donation of
£151,459 (compared to £145,000 in 2023/241 being profits made by the retail activities of the 3 shops. Income
from investments was lower than the previous year as global economic uncertainty prevalled.
In summary unrestricted Income amounted to £293,580 compared to £274,522 in the prevlous year.
Expenditure on charitable activlties, totalled £299,853 compared with £268,645 In the prevlous year.
Additional shop 8enerated revenue and property income has been used to help our existing partners in times
of ever increasing need.
Our Investments were subjected to turbulent markets as a result of some key global changes and uncertainty.
Several investment changes were made by the Investment committee.
In summary net gain of £317 was recorded for the year after unrealised investment 8alns, compared to a net
income of £10,118 after unrealised investment gains in the previous year.
Restrlcted Funds
No restricted donations were recelved in the year; depreciation of the total portfolio of restricted assets
arnounted to £1,600.

Endowment Fund
Some years ago, the Trustees established an endowment fund in order to 8enerate income to support the
Charity's running costs. At the Trustees, discretlon, except where the donor has expressly requested
otherwise, the capital of the fund is available to support the development of the hospital and its services.
Investment Poli
and Performance
Under the Memorandum and Articles of Association, the Trustees, after taking appropriate advice, have the
power to make investment of funds. They have adopted a conservative investment policy which reflects
OCHcfs need for Income. The portfolio generated £90,291 in the year compared to £100,149 in the previous
year.
The total Endowment fund grew in value by £21K to £2,484,214 Durlng the year there were additional funds
invested of £221,815. The General Reserve grew by £6,590 to £212,858.
Reserves Polic
It is the policy of the Charity to maintain reserves and operational funds, whlch are the free resenies of the
Charity, at a level which is sufflcient to cover Its operational obligations for at least two years. This provldes
sufficient funds to ensure that the commitments of the Charity can be met for the foreseeable future, even in
the event of a slgnificant reduction In Income.
PLANS FOR THE FUTURE
The focus of the charity has been to service the patients and clients defined in the Memorandum of
Association. The building has been well maintained over the last few years with significant recent spends on
updating the infrastructure. Most areas of the Hospital building are now used regularly throughout the week,
both daytimes and evenings and Hook and Odiham Lions run Bi-annual clinics for PSA testing at weekends at
the Hospital
In May 2024 a significant bequest was received which will be rin8-fenced fordirect benefitto service provlders.
Longerterm, the Board of Trustees remaln committed to provlding and expanding a range of health and social
care services that respond to the needs of local people.
RESPONSIBILITIES OF THE TRUSTEES
The Trustees (who are also the Directors of the Company for the purpo*s of Company law) are responsible
for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and
United Klngdom Accounting Standards (United Kin8dom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the Charity and of the incoming resources and application of resources
including the income and expenditure of the Charity for that year. In preparing these financial statements,
the Trustees are required to:

Select suitable accounting policies and then apply them consistently
Obsenie the methods and principles in the Charities SORP (FRS 1021
Make judgements and estimates that are reasonable and prudent
State whether applicable UK accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statement
Prepare the financial statement on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in operation
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the flnancial posltion of the Charity and enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
Charity and hence for takin8 reasonable steps for the prevention and detection of fraud and other
Irre8ularities.
In so far as the trustees are aware:
There is no relevant informatlon of which OCHcfs Independent examlners are unaware, and
The Trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant information and to establish that the independent examiner Is aware of that informatlon
INDEPENDENT EXAMINER
Goddard and Co have been appointed to act as independent examlner as the Charity no longer requires an
audlt
SMALL COMPANY PROVISIONS
Thls report has been prepared in accordance with the special provlslons for small companies under Part 15 of
the Companies Act 2006.
Registered Office: Odiham Cottage Hospital, Buryfields, Odlham, Hook, Hampshire, RG29 INE
Signed by order of the Trustees:
l. |i_cK LK] .[,dz
Dr Jane Worlock, Chairman
th
Approved by the Trustees 15 July 2025

ODIHAM COTTAGE HOSPITAL COMBINED TRUSTS (Incorporating the League of Frlends of OCH) Ltd
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31 MARCH 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31
March 2025.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees of the Company {and also its director5 for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 {'the 2006 Act'}.
Havlng satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examinatlon of your charity's
accounts as carried out under section 145 of the Charitie5 Act 2011 ('the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under section
14515} {bl of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no matters have come to my attentlon in connectlon wlth
the examination giving me cause to believe:
l. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accountlng requlrements of section 396 of the 2006 Act other than
any requirement that the accounts glve a 'true and falr view which is not a matter considered as part of an
Independent examination; or
4. the accounts have not been prepared in accordance wlth the methods and principles of the Statement of
Recommended Practice for accountin8 and reportlng by charltie5 appllcable to charltles preparlng their
accounts in accordance wlth the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS
1021,
I have no concerns and have come across no other matters in connection wlth the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Slgned:
1£rt71J .
Peter Goddard FCA FCCA
Address: 3 Church Street Odiham Hampshire RG29 ILU
Date .

ODJHAWI COTfAfjE MOSP￿Al COMBINED TRUSTS IlbK•rpor*li￿ L•¥u• d Frhndj of OCHI LTD
STATEMENT OF FJNANaAL AcnvmEs
YEAR ENOED 31 MARCH 2025
UhMrtrlÈt•d R•rtrfrt•d Endowm*At
Not• lun&
Fundi
Atnd
T•tsl
2025
Unrestrlcted Endowrnent
Funds
Fund5
Fund
Totsl
2024
In¢•m• and •ndowM•nti fr#m
04n•tloni •nd l•i•¢l•i
Donatlons
Le8atlÈs
Oth•r ti•dint Wl¥lllqs
Income Irom group comp•nle5
In¢om• Ir•rn In¥eitm•nts
lfieoM• f14)m ¢h*ritsbl• •rllvhh
Prop•rty Inrome
1&707
1&707
221￿15
7.199
7,199
221,815
151.459
90,291
151,459
99,620
145.oc
l(Kl.149
145.0
I￿.617
9.329
468
35,123
35,123
22,174
22,174
Tot•1 In¢•m• •nd •nd•wm•nts
293,580
231.144
524,724
274,522
468
274.990
Exp•ndkur• •n sh•rlt•bh art1￿11
299.853
301,453
268,645
7,273
275,918
N•t ¥•lnillloMwl lrtv•rtrn•nt
R•allffj•d
UYbt•*lli
116,4851
47.923
116.4851
52,164
6,590
11.722
IB,312
4.241
HET INCOMUIE¥PENDifuREI
317
lJ,6CQI
242,866
241.583
10.118
17.2ni
3L906
34.751
Tr4nsfets ￿lw•on lur
NET MOVEMINT IN FUNDS
317
11,6001
242,866
241,583
10.118
1?,2731
31,906
34.751
FUND IAiA14aS •1 •t l APRIL 2024
701.990
IJ,21KI 2,241.Y8 2.954.538
691.872
18.473 2,209A42 2.919,n7
FUND •ALANa$ M *1 li MARCH 2025
E 702,307 £
9.6(Kl £2,484.214 E3,196.121
E 701,990 £ 11.2CQ £2.241,348 £2,954.538
The notes on pages 12 to 17 form part of these financial statements

10
ODIHAM COTTAGE HOSPITAL COMBINED TRUSTS (Inc the Lo•zu• of Frlends of OCH) Ltd
SUMMARY INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 31 MARCH 2025
2025
2024
Not•
INCOME
203,289
174,373
TOTAL EXPENDITURE
301,453
275.918
OPERATING DEFiaT
(98,164)
(101.545}
OTHER INCOME
Interest receivable and slmllar Income
90.291
l(K),149
NET INCOME/{DEFICITI FOR THE FINANaAL YEAR
7.873
1,396
Thls Summary Income and Expendlture account has been prepared in accordance with the
Companies Act 2006. The net Income/ldeflclt} for the flnanclal year shown above is the net
expenditure as shown In the Statement of Financlal Actlvitles on page 9 from Unrestrlcted
and Restrlcted Funds excludln8 net 8ains/(losses) on Investments.
All of the activlties of the charltable company are classed as continulng.
The notes on pages 12 to 17 form part of these financial statements

11
ODIHAM COTtAGE HOSPITAL COMBINED TRUSTS (Inc the League of Frlends of OCH) Ltd
8AiANCE SHEET as at 31 MARCH 2025
Note
2025
2024
Flxed assets
Tanglble fixed assets
Investment in Group Companies
Other Investments
432,960
100
1697.072
394.970
2,447.616
3.130,132
Current assets
Debtors
Cash at bank and In hand
2,842.686
15,636
68,357
83.993
7,620
110,118
117.738
Current IlabSlltles
Creditors due within one year
io
18,(K)4
(5,886)
Net current assets / (Ilabllltles)
65.989
111.852
Total a55ets less current Ilabllltles
£ 3,196,121
£ 2,954,538
Funds
Endowment fund
2,484,214
1241.348
Restrlcted funds
12
11.21x1
Unrestrlcted funds
Deslgnated funds
General funds
13
423,360
278,947
383,770
318,220
702,307
£ 3.196,121
Totsl funds
701.990
£ 2,954.538
The Trustees are satisfied that the Charity is entitled to exemptlon from the provisions of the Cornpanies kt 21)J61the
tl rtlatlng to the audlt of the financial statements for the year by virtue of section 477121. and that no member or
members hove requested Jn Judit pursuont to section 47611) of theAct.
The Trustees acknowledze their responsibilitles lor.
111 ensuringthatthe Charity keeps adequète accounting records which comply with Section 386 of the jnd
Illl preparing financial statements which give a true Jnd fair view of the stste of affairs of the Charity as at the end of
the f inancial year and of its profit or 105s for the linancial year in accordance with the requirements of section 393.
and which otherwise cornply with the requirements ofthe *£t relatin8 to financial stattTr￿nts. so faras jpplicable to
the Charity.
These financial statements have been prepared in jccotdance with the special provislons for smJll companies under
Part 15 of the Companies Act 2CX)6.
These financial statements were approved by the Trustee5 on 15th July 2025. and are Signed on their behalf by.
' cILol bll,4,
G Deverlll. Trustee
Company Registratlon Number 3527407

12
The notes on pages 12 to 17 form part of these financial statements
ODIHAM COThAGE HOSPITAL COMBINED TRUSTS Ilncorporatlng the Lea8ue of Friends of IXH) LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
I. ACCOUNTING POLICIES
The principle accounting pollcies are summarised below. They have been consistently applied
throughout the current and preceding year.
al Basis of accounting
The financial statements have been prepared under the historical cost convention, except that
flxed asset investments are carried at market value as described below, and in accordance with
applicable UK accounting standards, the Charitles SORP (FRS 102) and the Companies Act 2006.
b) Cash flow statement
The Trustees have taken advantage of the exemption In the Charities SORP {FRS 102) from
includlng a cash flow statement in the financial statements on the grounds that the charitable
company is small.
c} Income
Income Is recognised In the year in which the Charity is entitled to receive it and the amount can
be measured with reasonable certainty. Where Income tax is reclaimable, such income is included
at the gross amount.
dl Expenditure
All expenditure, including payments under operatlng leases, is accounted for on an accruals basis,
is allocated to the appropriate cost category and excludes recoverable VAT.
el Reserves
The policy of the Trustees is to malntain such sums as they deem prudent for the future
refurbishment and development of the hospital and to provide such other sums as are required
to maintain the actlvlties in the event of any shortfall in future Income,
f) Depreciation
Depreciatlon is calculated so as to wrlte off the cost of an asset, less its estimated resldual value,
over its useful economic life as follows:
Freehold land
Freehold building
Freehold refurbishments
Leasehold facilities
Computer equlpment
Other equlpment
g) Taxation
The Charity relies on section 505 of the Income and Corporation Taxes Act 1988 which exempts it
from corporation tax liabilities on its current activities.
h} Investments
Fixed asset investments are stated at market value at the year end date. Unrealised investment
gains and losses reflect the actual performance of the underlyin8 investments.
il Basic financial instruments
Cash and bank deposits are stated at amounts held. Debtors and creditors represent amounts
settled after the year end and amounts advanced by/to the charity respectively.
j) Operating leases
Payments under operating leases are charged to the accounts on an accruals basis.
k} Pension costs
The Charity makes a contribution to a pension scheme for its two members of staff. This is a
defined contribution pension scheme and the annual contribution payable is charged to the
accounts. The assets of the scheme are held separately from those of the Charity.
l} Governance costs
NIL
2% on cost
IO% on cost
4% on cost Ilife of asset)
25% on cost
IO% on cost

13
Governance costs comprise the cost of running the Charity, independent examination, any legal
advice for the Trustees and all costs of complying with constltutional and statutory requirements.

14
ODIHAM co￿AGE HOSPITAL COMBINED TRUST5 I1￿11pOratIng the Le4ue of FTFends of OCH) LID
NOTES TOThE HNANQAL STATEMENTS
YEAR ENDED 31 MARCH 2025
INCOME FROM GROUP COMPANIES
2025
2024
Donatlon from OCH Shops Ltd
151,459 £ 145,0(Kl
INTEREST RECEIVABLE AND 51MIIAR INCOME
2025
2024
8ank interest receivable
UK listed investments
575
2,225
89,716
97.924
90,291 £ 1(KI,149
4 CHARITABLE EXPENDITURE
Unrestrlrted Restrlcted
Funds
Funds
2025
2024
Cost of servlce provislon
Cost of provlsion of hospital accommodation
Depreclation
Maintenance and repalrs
Utllities
Telephone
Other premises costs
Insurance
Other costs
Cleanlng
Car park arnortlsatlon
Car park rent
Management and administratlon
Staff costs
other costs
Governance costs
Staff costs
Independent examinatlon fees
162,397
162,397
149,T19
19.628
10,629
17,156
2.314
15,223
7,958
1,655
6.531
332
19,628
10,629
17.156
1314
15.223
7,958
1.655
6.531
1.932
21,169
12.565
16,446
2,741
3,575
4,852
2,077
5.537
1,932
4,857
36,617
3.373
36,617
3,373
37,089
9,273
1,937
1,938
1,938
299,853 £
I.6￿fv £ 301.453 £ 275.918
20% of the Company Secretary's tlme Is estimated to be spent on matters related to governance
and this is the basls of cost allocation.
OCH Combined Trusts has purchased insurance to indemnlfy all Trustees against Possible liabilities
incurred by them in relation to theirdutles.

15
ODIHAM COThA6E HOSPITAI COMBINED IRUSTS li￿orPOratIng the League of Frltnds of (KM) LTD
NOTESTO THE FINANC14I STATEMENTS
YEAR ENDEO 31 MARCH 2025
5 STAFF COSTS
2025
2024
Salary
Social securlty costs
Pension contributlons
56.024
6,233
8,169
70,426 £
58,432
2,415
65,853
OCH Comblned Trusts employ5 a Company Secretary and a Befrlendlng Servlces Manager. No
employee re￿Ived emolurnents of more than £60.IXO pa.
No remvneratlon or expenses were pald to the Trustees and no expenses have been walved.
.6 TANGIBLE FIXED ASSETS
COST
l Aprll 2024 Addltlons
Deletlons
JI Mar 2025
Freehold property
Leasehold property
Equipment
561.832
48,296
124,906
735.034 £
561.832
48,296
184,456
£ T34,584
59,550
59,550 £
DEPRECIATION
IAprll 2024
Provlslon
Deletlons
31 Mar 2025
Freehold property
Leasehold property
Equipment
189,522
10,173
36,706
1,932
113,836
9,455
340,064 £ 21,560 £
199,695
38,638
123,291
£ 361,624
NET BI)OK VALUE
l Aprll 2024
JI Mar 2025
Freehold property
Leasehold propÈty
Equipment
3n,310
11.590
11.070
394,970
362,137
9,658
61,165
£ 432,960
The freehold property Includes land at Its hlstorlcal cost of £2(KI,(KKI.
The Trustees/Dlrectors ofthe Company have decided notto appointan independent expert to
value Odiham Cottage Hospltal for the purpose of these flnanclal statements.
INVESTMENT IN GROUP COMPANIES
2025
2024
Shares In subsidlary companles
I￿ £
l(K>
On 1st June 2014. OCHcf acquired IIX) ordinary Sha￿5 of £1 each in OCH Shop5 Ltd, wh5ch
represents I(￿ of that company's share capital.
OCH Shops Ltd was established on 4th March 2014 and the trading attlvities of the League of
Friends, shop5 were pa$5ed to that Company on 1st June 2014.

16
ODIHAM COThAGE HOSHTAL COMOINED TRUSTS {IworpoTating the ie•aue of FrSends of OCH) LTD
NOTES TO ThE APIANCIAI STATEME14T5
YEAR ENDED 31 WCH 2025
8 OThER INVESTMEMts
Unrestrlrted Endowment
Funds
Fund
2025
2024
UK Llsted Investments
Value at l Aprll 2024
Net addltlons/dlsposals
Transfer to cash ac£ounts
Net reallsed galnslllosses)
Net unrealised gains/{losses)
Value at 31 March 2025
206,268
2,241,348
231,144
2,447,616
231,144
2,411,469
16,485)
6,590
IL722
18,312
52,164
212,858 £ 2,484,214 £ 2,697,072 £ 2,447,616
Cost at 31 March 2025
179,480 £ 2,148,404 £ 2,327,884 £ 1106,069
At 31 March 2025. the followlng Investments were valued at greater than 5% of the total portfollo:
COIF Charitles Ethlcal Func 21.0%
M&G Charifund
Rathbone Core Charites
7.9%
16.7%
M&G Charibond
Cordea Savllls Property
8.2%
16.1%
COIF Short Duratlon Bonds 11.1%
Schroder Charity Eq Fund
10.8%
9 DEBTORS
2025
2024
Tax recoverable
Prepayments
Accrued Income
703
8,251
6,682
15.636 £
1,340
7.620
10 CREDITORS DUE WITHIN ONE YEAR
2025
2024
Trade credltors
Accruals
10,782
7.222
18,004 £
3.536
2,350
5,886
11 ENDOWMENT FUND
l Aprll
Movement In resour￿5
Net Incomlng
Net Gains
31 Mar¢h
2025
Endowment fund
£ 2.241.348 £ 231,144 £
11,722 £ 2.484,214
The endowment fund was originally estsblished by the Trustees to provlde income to support the
runnlng costs of the hospital. That Income 15 now available to SUPPOrt health and social care
services to the communlty. At the discretlon of the TTUStee5, except where the donors have
expressly requested otherwise. the fund may be used for major capital developments at the
hospital If requlred.

17
ODIHAM COThAGE HOSPITAL COMBINED TRUSTS IlrKoWpDr•ti￿ the Lea￿e of Frltnds of OCH) LID
NOTES TOTHE FINAN(JAL STATEMENTS
YEAR ENDED 31 MARCH 2025
12 RESTRICTED FUNDS
l Aprfl
2024
Movement In resources
Incomlng Depreclatlon
31 Marth
2025
Restrlcted funds
11,2CKI £
11,600) £
The restrlrted fund represents the net book value of Items acqulred uslng donatlon5 made In
SUPDOrt of SDecific asset Durchases.
13 DESIGNATED FUNDS
l Aprll
2024
Movement In resource5
Incomln8 Depreclatlon
31 Maich
2025
Property fund
383,Tm £
59,550 £
(19.960
£ 423,360
The property fund represents the net book value of the freehold property and equipment
purchased by OCHcf. other than restrlcted assets.
14 ANALYSIS OF NET ASSETS BEfwEEN FUNDS
Unrestrlrted Restrlrted Endowment
Funds
Funds
Fund
Total
Funds
Fund balances at 31 March 2025 were represented by:
Tanglble flxed assets
Flxed asset Investments
Net current assets
Total funds
423,360
212,958
65,989
702.307 £
432,960
2.697,172
65.989
9,6(Kl £ 2,484,214 £ 3.196,121
2,484,214
15 COMMITMENTS UNDER OPERATING LEASES
In March 2W6 OCHCT entered Into a 25 year lease with Hampshlre County Councll forthe use of
land on Mayhlll Junlorschool as a car park. The lease may be terminated by OCHCTat 5 yearly
Intervals.
At the year end OCH￿ had annual commitments underthls lease as follows:
31 March
2025
31 Marth
2024
Operating lease which expire withln 2 to 5 years
4.761 £
4,761

18
ODIHAM COThAGE HOSPITAL COMBINED TRUSTS (Incorporatln8 the Lea8ue of Friends of OCH) LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
.16 COMPANY UMITED BY GUARANTEE
The cornpany has no share capital and is limited by guarantee. The liability of each member In the
event of a winding up as stated in the Memorandum and Articles of Associatlon is limited to £1.
Annual membership may be applled for In return for a subscription of £5 or more per annum.
Individuals and spouses are entitled to apply for life membershlp in return for a glft or
commitment of £250 or more.
Due to the above the Trustees consider that there is no ultimate controlling company.
.17 CAPITAL COMMITMENTS AND CONTINGENT LIABIUTIES
As at 31st March 2025, there are no capltal commltments or contingent liabilitles.

18
ODIHAM COThAGE HOSp￿AL COMBINED TRUSTS {incorporatin8 the Lea￿e of Friends of OCH) LTD
UNRESTRICTED FUNDS INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 31 MARCH 2025
2025
2024
INCOME
Charitsbletrusts and clubs
Individuals. Donations
Regular Givin8
Gifts in memory
Property incorne
Investment income received
OCH Shops Ltd
TOTAL INCOME
1,033
14.588
1.056
818
2.897
2,191
1.293
22,174
100.149
145.0
274.522
35.123
90,291
151,459
293.580
CHARITABLE AcllviTJES
Cost of 5ervict provlsion
Link nurse- Whltewater
Frailty nurse- Odiham/Old Basinl
SMH Hospice at Home
Befriendin8 Service
121 Youth Counselling
Sunshine and Sholvers
HVA Adult mental health counsellinK
Canine A55iSted Le)rnin£
Mustard Seed Autism Trust
Homestart
20.(XXI
22.332
20,C
26.316
23.500
6.474
5.016
15.759
io.wo
13.IKK)
20.IJJ)
20,623
15,¢nl
21.859
23.5
9.192
15,605
io.(
13,(X
Citizens ￿VIce Hart
162.397
249.779
Costs of providini hospital facilities
Depreciation of building & equipment
Maintenance and repairs
Util ities
Telephone
Other premises expense5
Commèrcial insur*nc•
19.629
10.629
17,156
2.314
15,223
7.958
1.655
6.531
4,948
332
15.496
12.565
16.446
2.741
3.575
4,852
Sundry hospithl expense5
Cleaning
Caf park rent
Leasehold amortisation of car park
2.077
5.537
4.857
332
86.374
68,478
Management and administration
Staff costs
Printing. postsEe and stationery
Sundry management expenses
36.617
924
37,089
697
2,449
1.392
39,990
39.178
Governance costs
Independent examination fees
Stafl costs
1.938
9.154
1.937
9,273
11,092
299.853
11.210
268.645
TOTAL EXPENDITURE
NET SURPLUS
1£ 6,2731
5.877