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





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|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<br>Accountants|||
|||||7Lynwood|Court||
|||||Priestlands|Place||
|||||Lymington|||
|||||Hampshire|||
|||||SO41 9GA|||





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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|2021|
||||Note||||
|Income and Endowments||from:|||||
|Donations<br>and legacies||||53,951|560|54,511|
|Investment<br>income||||(2,566)||(2,566)|
|Total Income||||51,385|560|51,945|
|Expenditure<br>on:|||||||
|Raising funds||||(4,419)||(4,419)|
|Charitable<br>activities||||(29,665)|(41,832)|(71,497)|
|Total Expenditure||||(34,084)|(41,832)|(75,916)|
|Gains/losses<br>on investment||assets||110,299||110,299|
|Net income/(expenditure)||||127,000|~41,272|86,328|
|Net movement<br>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|





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|including<br>In|come|and Expenditure<br>A|ccount and Statement|ofTotal Recog|nised Gains|and Losses)|
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2020|
||||Note||||
|Income and Endowments||from:|||||
|Donations<br>and legacies||||9,637|75,843|85,480|
|Investment<br>income||||6,797||6,797|
|Total Income||||16,434|75,843|92,277|
|Expenditure<br>on:|||||||
|Raising funds||||(5,417)||(5,417)|
|Charitable<br>activities||||(539,199)|(68,640)|(607,839)|
|Total Expenditure||||(544,616)|(68,640)|(613,256)|
|Gains/losses<br>on investment||assets||30,091||30,091|
|Net (expenditure)/income||||(498,091|7,203|~(490,888|
|Net movement<br>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|





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|||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<br>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|



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||||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|



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|||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|






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||||||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<br>Expen|diture<br>on charitable<br>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|





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|||||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|



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||||||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|



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|9<br>Staff costs<br>The aggregate<br>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|



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





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|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|



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|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|





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|Shares in group undertakings<br>and parti|cipating<br>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).|||





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|Details ofthe investments<br>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<br>undertakings||||||
|LOF (Lymington)<br>Limited<br>Company<br>registration<br>number: 05999048|United Kingdom|Ordinary|100%|100%|Retail<br>operations|



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





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|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<br>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|





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|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|



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