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2021-03-31-accounts

Trustees' Report			1to5
Independent Examiner's		Report
Statement ofFinancial		Activities	7to 8
Balance Sheet
Notes to the Financial	Statements		10to 22

Principal	Office	Office		League ofFriends Office	League ofFriends Office
				Lymington	New Forest Hospital
				Wellworthy	Road
				Lymington
				Hampshire
				SO41 8QD
				The charity	is incorporated	in England.
Company	Registration		Number	03575712
Charity Registration			Number	1070233
Solicitors				Paris Smith	LLP
				1 London Road
				Southampton
				Hampshire
				SO152AE
Bankers				CAF Bank	Limited
				Kings Hill
				West Mailing
				Kent
				ME194TA
Independent		Examiner		Westlake Clark Limited
				Chartered Accountants
				7Lynwood	Court
				Priestlands	Place
				Lymington
				Hampshire
				SO41 9GA

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note
Income and Endowments		from:
Donations and legacies				53,951	560	54,511
Investment income				(2,566)		(2,566)
Total Income				51,385	560	51,945
Expenditure on:
Raising funds				(4,419)		(4,419)
Charitable activities				(29,665)	(41,832)	(71,497)
Total Expenditure				(34,084)	(41,832)	(75,916)
Gains/losses on investment		assets		110,299		110,299
Net income/(expenditure)				127,000	~41,272	86,328
Net movement in funds				127,600	(41,272)	86,328
Reconciliation offunds
Total funds brought	forward			1,629,259	41,772	1,671,031
Total funds carried	forward		15	1,756,859	500	1,757,359

including In	come	and Expenditure A	ccount and Statement	ofTotal Recog	nised Gains	and Losses)
				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Donations and legacies				9,637	75,843	85,480
Investment income				6,797		6,797
Total Income				16,434	75,843	92,277
Expenditure on:
Raising funds				(5,417)		(5,417)
Charitable activities				(539,199)	(68,640)	(607,839)
Total Expenditure				(544,616)	(68,640)	(613,256)
Gains/losses on investment		assets		30,091		30,091
Net (expenditure)/income				(498,091	7,203	~(490,888
Net movement in funds				(498,091)	7,203	(490,888)
Reconciliation offunds
Total funds brought	forward			2,127,350	34,569	2,161,919
Total funds carried	forward		15	1,629,259	41,772	1,671,031

		Balance Sheet as at	31March 2021
				2021	2020
			Note
Fixed assets
Tangible assets			12	1,000,000	1,000,000
Investments			13	625,971	415,672
				1,625,971	1,415,672
Current assets
Debtors			14	2,954	25,274
Cash at bank	and in hand			129,940	231,591
				132,894	256,865
Creditors: Amounts		falling due within one year		(1,506)	(1,506
Net current	assets			131,388	255,359
Net assets				3,757,359	1,671,031
Funds ofthe	charity:
Restricted income funds
Restricted funds			15	500	41,772
Unrestricted	income	funds
Unrestricted	funds			1,756,859	1,629,259
Total funds			15	1,757,359	1,671,031

			Unrestricted
			funds
				Restricted	Total	Total
			General	funds	2021	2020
Donations	and legacies;
Donations		from individuals	41,951	560	42,511	80,480
Legacies			12,000		12,000	5,000
			53,951	560	54,511	85,480

		Unrestricted
		funds
			Total	Total
		General	2021	2020
Interest receivable and	similar income;
Interest receivable on bank deposits		606	606	1,820
Donation from trading	subsidiary	(3,172)	(3,172)	4,977
		(2,566)	(2,566)	6,797

					Allocated	Total	Total
				Direct costs	support costs	2021	2020
Costs ofgenerating		donations	and legacies		1,080	1,080	2,516
Fundraising	trading	costs;
Event costs				2,258	1,081	3,339	2,901
				2,258	2,161	4,419	5,417

6 Expen	diture on charitable activities
		Activity
		undertaken	Grant funding	Total	Total
		directly	ofactivity	2021	2020
Donations	for capital equipment	54,307		54,307	575,000
Hospital	services and patient benefits	4,298		4,298	779
Hospital	staff and amenities	4,043	8,849	12,892	32,060
		62,648	8,849	71,497	607,839

				Other support	Total	Total
			Basis of	costs	2021	2020
			allocation
			50%staff
Other costs for generating	funds		costs	2,161	2,161	5,033
Support costs allocated	to charitable	activities
				Administration	Total	Total
			Staffcosts	costs	2021	2020
Hospital services and patient benefits			2,161	6,688	8,849	31,060

					Unrestricted
					funds
						Total	Total
					General	2021	2020
Independent	examiner		fees
Examination		ofthe financial		statements	372	372	372
Accounts	preparation		fees		1,134	1,134	1,128
					1,506	1,506	1,500

9 Staff costs The aggregate payroll costs were as follows:
	2021	2020
Staffcosts during the year were:
Wages and salaries	4,322	10,066
Other staff costs	4,298	779
	8,620	10,845

2021	2020
No	No

10 Independent examiner's	remuneration
		2021	2020
Examination ofthe financial	statements	372	372
Other fees to examiners
All other services		1,134	1,128

12 Tangible fixed assets
	Freehold land
	at Wellworthy
	Road,	Office
	Lymington	equipment	Total
Cost
At I April 2020	1,550,000	2,955	1,552,955
At 31March 2021	1,550,000	2,955	1,552,955
Depreciation
At I April 2020	550,000	2,955	552,955
At 31March 2021	550,000	2,955	552,955
Net book value
At 31March 2021	1,000,000		1,000,000
At 31March 2020	1,000,000		1,000,000

13 Fb	ied asset investments
				2021	2020
Shares	in group undertakings	and participating	interests	I	I
Other	investments			625,970	415,671
				625,971	415,672

Shares in group undertakings and parti	cipating interests
		Subsidiary
		undertakings	Total
Cost
At I April 2020
At 31March 2021
Net book value
At 31March 2021
At 31March 2020
Other investments
		Listed
		investments	Total
		K
Cost or Valuation
At 1 April 2020		415,671	415,671
Revaluation		110,299	110,299
Additions		100,000	100,000
At 31March 2021		625,970	625,970
Net book value
At 31March 2021		625,970	625,970
At 31March 2020		415,671	415,671
The market value ofthe listed investments	at 31 March 2021 was f625,971(2020 - F15,672).

Details ofthe investments in which the chari	ty holds 20%or mor	e ofthe nominal	value ofany cla	ss ofshare capital	are as follo
	Country of		Proportion	ofvoting rights	Principal
Undertaking	incorporation	Holding	and shares	held	activity
			2021	2020
Subsidiary undertakings
LOF (Lymington) Limited Company registration number: 05999048	United Kingdom	Ordinary	100%	100%	Retail operations

14 Debtors
	2021	2020
	g
Due from group undertakings	1,822	24,196
Prepayments	1,132	1,078
	2,954	25,274

15 Funds
						Other
			Balance at 1	Incoming	Resources	recognised	Balance at31
			April 2020	resources	expended	gains/(losses)	March 2021
Unrestricted	funds
General
Unrestricted	income fund		1,629,259	51,385	(34,084)	110,299	1,756,859
Restricted funds
Deerleap Ward			500				500
CT Scanner			41,272	560	(41,832)
Total restricted		funds	41,772	560	(41,832)		500
Total funds			1,671,031	51,945	(75,916)	110,299	1,757,359
						Other
			Balance at 1	Incoming	Resources	recognised	Balance at31
			April 2019	resources	expended	gains/(losses)	March 2020
Unrestricted	funds
General
Unrestricted	income fund		2,127,350	16,434	(544,616)	30,091	1,629,259
Restricted funds
Deerleap Ward			500				500
CT Scanner			34,069	75,843	(68,640)		41,272
Total restricted		funds	34,569	75,843	(68,640)		41,772
Total funds			2,161,919	92,277	(613,256)	30,091	1,671,031

16 Anal	ysis ofnet assets between funds
		Unrestricted
		funds
			Restricted
		General	funds	Total funds
Tangible	fixed assets	1,000,000		1,000,000
Fixed asset investments		625,971		625,971
Current	assets	132,394	500	132,894
Current	liabilities	(1,506)		(1,506)
Total net assets		1,756,859	500	1,757,359
		Unrestricted
		funds
				Total funds at
			Restricted	31March
		General	funds	2020
Tangible	fixed assets	1,000,000		1,000,000
Fixed asset investments		415,672		415,672
Current	assets	215,093	41,772	256,865
Current	liabilities	(1,506)		(1,506)
Total net assets		1,629,259	41,772	1,671,031