This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2023-03-31-accounts

The Leagu	e ofFrie	nds oft	he Lymington New	Forest Hospital
			Contents
Trustees' Report				1to S
Independent	Examiner's	Report
Statement of	Financial Activities			7to 8
Balance Sheet				9to10
Notes to the Financial Statements				11to 23

			Tr	Tr	Tr	ustees Repor	t	(Including Dir
Administrative			details
Principal	Office					League of Friends Office
						Lymington	New Forest Hospital
						Wellworthy		Road
						Lymington
						Hampshire
						5041800
Company	Registration				No.	03575712
Charity Registration				No.		1070233
Solicitors						Paris Smith
						1London Road
						Southampton
						Hampshire
						50152AE
Bankers						CAF Bank Ltd
						Kings Hill
						West Mailing
						Kent
						ME 194TA
Independent		Examiner				Hope Jones
						23A Spencer		Road
						New Milton
						BH25 681

				Unrestricted	Restricted	Total
				Funds	Funds	2023
			Note	E	E	E
Income and Endowments		From:
Donations and legacies				95,974	92,500	188,474
Investment income				1,361		1,361
Total Income				97,335	92,500	189,835
Expenditure On:
Raising funds				286		286
Charitable activities				28,145		28,145
Governance costs				34,791		34,791
Total Expenditure				63,222		63,222
Gains/losses on investment		assets		6,925		6,925
Net income				27,188	92,500	119,688
Net movement in funds				27,188	92,500	119,688
Reconciliation offunds
Total funds brought	forward			2,024,341	500	2,024,841
Total funds carried	forward		16	2,051,529	93,000	2,144,529

				Unrestricted	Restricted	Total
				Funds	Funds	2023
			Note	E		E
Income and Endowments		From:
Donations and legacies			3	260,245		260,245
Investment income			4	195		195
Total Income				260,440		260,440
Expenditure On:
Raising funds			5	-6,341		-6,341
Charitable activities			6	-59,935		-59,935
Total Expenditure				-66,276		-66,276
Gains/losses on investment		assets		70,146		70,146
Net income				264,310		256,570
Net movement in funds				264,310		264,310
Reconciliation offunds
Total funds brought	forward			1,760,031	500	1,760,531
Total funds carried	forward		16	2,024,341	500	2,024,841

		(Registration	Number: 03575712
		Balance Sheet	as at 31stMarch 2023
				2023	2022
			Note	6	6
Fixed assets
Tangible assets			12	1,000,000	1,000,000
Investments			13	804,193	811,118
				1,804,193	1,811,118
Current assets
Debtors			14	9,549	8,379
Cash at bank	and in	hand		405,067	208,537
				414,616	216,916
Creditors: Amounts		falling due within one year	15	-74,280	-3,193
Net Current	Assets			340,336	213,723
Net Assets				2,144,529	2,024,841
Funds ofthe	charity:
Restricted income funds
Restricted funds				93,000	500
Unrestricted	income	funds
Unrestricted	funds			2,051,529	2,024,341
Total funds			16	2,144,529	2,024,841

		Income from donations	and legacies
			Unrestricter	Restricted
			Funds	Funds	Total	Total
			General	General	2023	2022
			E	E	E	E
Donations	and legacies;
Donations		from individuals	53,072		53,072	83,578
Legacies			42,902	92,500	135,402	176,667
			95,974	92,500	188,474	260,245

					Unrestricted	Funds	Funds
									Total		Total
					General				2023		2022
					E				E		E
Interest receivable		and similar income;
Interest receivable on bank deposits					1,361				1,361		195
Investment	income	in	2022 totalling 6195was attributed				to unrestricted		funds.
	Expenditure on raising funds
								Allocated
							Direct	support		Total	Total
							costs		costs	2023	2022
							E		E	E	E
Cost ofgenerating		donations		and legacies							2,964
Fundraising	trading	costs;
Event costs							286			286	3,377
							286		0	286	6,341

Expenditure on charitable activities
	Activity	Grant
	undertaken	funding		Total	Total
	directly	ofactivity		2023	2022
	E	E			E
Donations for capital equipment	15,940			15,940	39,529
Hospital services and patient benefits	12,078			12,078	5,565
Hospital staff and amenities	127			127	14,841
	28,145		0	28,145	59,935

	Analysis ofgovernan	ce and suppo	rt costs
		Basis of
		allocation	Raising	Hospital	Governance	Total	Total
		SOSSof	funds	service	costs	2023	2022
		staff cost	E	E	E		E
Staff costs			13,542	13,541		27,083	11,858
Admin expenses				4,390		4,390	3,769
Computer expenses				1,834		1,834	1,627
Subscription	s			50		50	1,132
Sundry expenses				84		84	98
Independent	examiner's fee				1,350	1,350	1,686
			13,542	19,899	1,350	34,791	20,170

The aggregate payroll costs were as follows:
	2023	2022
	E	E
Staff costs during the year were:
Wages and salaries		11,858
Other staff costs	25,729	5,565
	1,354
	27,083	17,423

2023	2022
No	No

				2023	2022
				E	E
Examination	ofthe	financial	statements	1350	1686

12 Tangible fixed asset	s
	Freehold land
	at Wellworthy
	Road	Office
	Lymington	equipment	Total
	E	E	E
Cost
At 1April 2022	1,550,000	2,955	1,552,955
At 31March 2023	1,550,000	2,955	1,552,955
Depreciation
At 1April 2022	550,000	2,955	552,955
At 31March 2023	550,000	2,955	552,955
Net book value
At 31March 2023	1,000,000		1,000,000
At 1April 2022	1,000,000		1,000,000

Fixed asset investments	Fixed asset investments
			2023	2022
			E	E
Shares in group undertakings			1	1
Other investments			804,192	811,117
			804,193	811,118
Shares in group undertakings	and participating	interests
			Subsidiary
			undertakings	Total
			E	E
Cost
At 1April 2022
At 31March 2023
Net book value
At 31March 2023
At 1April 2022
Other investments
			Listed
			investments	Total
			E	E
Cost or valuation
At 1April 2022			811,117	811,117
Revaluation			-6,925	-6,925
Additions				0
At 31March 2023			804,192	804,192
Net book value
At 31March 2023			804,192	804,192
At 1April 2022			811,117	811,117

						Proportion ofvoting rights	Proportion ofvoting rights
			Country	of		and shares held		Principal
Undertaking			incorporation		Holding	2023	2022	activity
Subsidiary	undertakings
LOF ( Lymington		)
Limited			United	Kingdom	Ordinary	100SS	100'Yo	Retail
								operation
Company	registration
number:	05999048

	2023	2022
	E	E
Due from group undertakings	8,554	7,384
Prepayments	995	995
	9,549	8,379

15	Creditors:	Creditors:	Amounts	falling due within one year	falling due within one year	falling due within one year
						2023		2022
								E
Refund of Donation						72,500		0
Accruals						1,780		3,193
						74,280		3,193
16	Funds
				Balance			Other	Balance
				at 1	Incoming	Resources	recognised	at 31
				April 2022	resources	Expended	gains/(losses)	March 2023
						E	E	E
Unrestricted		funds
General
Unrestricted		funds		2,024,341	97,335	-63,222	-6,925	2,051,529
Restricted funds
Deepleap	Ward			500	92,500	0	0	93,000
				2,024,841	189,835	-63,222	-6,925	2,144,529
				Balance			Other	Balance
				at 1	Incoming	Resources	recognised	at 31
				April 2021	resources	Expended	gains/(losses)	March 2022
					E	E	E	E
Unrestricted		funds
General
Unrestricted		funds		1,760,031	260,440	-66,276	70,146	2,024,341
Restricted funds
Deepleap Ward				500	0	0	0	500
				1,760,531	260,440	-66,276	70,146	2,024,841

17	Analysis ofnet assets between	funds
		Unrestricted
		funds	Restricted	Total
		General	funds	funds
		E		E
Tangible	fixed assets	1,000,000		1,000,000
Fixed asset investments		804,193		804,193
Current	assets	321,616	93,000	414,616
Current	liabilities	-74,280		-74,280
Total net assets		2,051,529	93,000	2,144,529
				Total
		Unrestricted		funds
		funds	Restricted	31March
		General	funds	2022
		E		E
Tangible	fixed assets	1,000,000	0	1,000,000
Fixed asset investments		811,118	0	811,118
Current	assets	216,416	500	216,916
Current	liabilities	-3,193	0	-3,193
Total net assets		2,024,341	500	2,024,841