Company registration number. 06013417
Charity registra110n number. 1117967
League of Friends of Weston General Hospital
IA company limited by guarantee)
Annkjal Report and Financial Slalemenls
for the Year Ended 31 December 2023
WESTCOTTS
CHAR TERED ACCQUT4TANTS

League of Friends of Weston General Hospital
Contents
Reference and Adminislralive Details
Strategic Report
Trustees, Report
3to4
I ndependenl Ex3miner's Report
Slalemenl of Financi81 Activities
Balance Sheet
Notes lo the Financial Slalemenls
81020

League of Friends of Weston General Hospital
Reference and Administrative Details
Chairman
A B Williams, (Appointed 29 Sèptember 20231
Trustees
N Cormack, IAppc)inted 21 November 20231
J Rowdon
E A Bell. IResigned 29 September 20231
M Pillman. (Appointed 29 September 20231
P Storey
JGShaw
C Staff
M A Brees
R E Mallhews
A H Davie5
M Williams. (Appointed 29 September 20231
A B Williams, (Appointed 29 September 20231
Charity Registration Number
1117967
Company Registration Number 06013417
The charity is incorporatecl in England and Wales.
Tallford House
38 Wjalliscole Road
Vveslon-super-mare
Somersel
BS23 1 LP
Reglstèred Office
Principal Office
Weston General Hospital
Grange Road
Weslon-super-mare
BS23 4TQ
Auditor
Weslcotts ISWI LLP
Tallford House
38 Walliscole Road
Weslori-supei-mdl
Somersel
BS23 1LP
Page 1

League of Friends of Weston General Hospital
Strategic Report for the Year Ended 31 December 2023
The Iruslees, who are directors lor the purposes ol company law, present their strategic report lor the
year ended 31 December 2023, In compliance with $414C of the Companies Act 2006.
Achievements and performance
2023 continued our recovery from the panaemic and the changes arising following the merger ol
Bristol and Weston Hospitals We had ￿onSiderablY reduced number of volunteers, bul despite this
was able lo resume Dperating the Hospital shop at the eu51omary opening times for 7 days a week
The shop has performed strongly with ILirnover almost doubling when compared wilh the prioi year.
We have continued lo support Ihe Weston Area Health Trust. and have purchased iletns and
equipment during the year tolalling £59.501 As lo lotward performance In 2024, we have agreed lo,
in principle. a number ol further purchases for the Trust 11 is Important lo note we do find there Is
often a time lag behveen our agreements and the actual costs coming fopNard
Financial review
The charity has the powef to set aside Income as a reserve against lulure expenditure Prirnarily
resetves are held lo meet the lundiig requests of the Weston Area He211h Trust for items ol medical
and ancillary equipment which by their nature are ol high value Reserves are also held lo meet
governance costs lor 81 least years which Is deemed prudènt in the event ol a significant drop In
inGome. Significant reserves are held lo meet both of these
All reserves are kept in cash and presently 1115 agreed we will not make investments In stock market
related products and services. Our objective Is lo maximise investment wilhoul taking undue risk
Al the year end there was £207.762 helcS in Unrestricted ILJnds
There are no funds In delicil or any Item of a financial nature DI concern lo the Management
Committee.
Other than the Income from the Hospital Shop we rely heavily on donations and legacies for our
Incomè and we greatly appreciate the support we receive from the general public, clubs and societies
The slialegic report was approved by the trustees of the charity on Z7'".w.-LF and signed on Ils
behal
lams
Chairman and Iruslee
Page 2

League of Friends of Weston General Hospital
Trustees, Report
The Iruslees. who are directors lor the PLJfp05es of company law, present the annual report together
with the financial statements and auditors, report ol the charitable company for the year ended 31
December 2023
Objectives and actlvltie5
Our charitys purpose as Sel out in the objects contained In the companys Memorandum ol
Association is..
'Ihe relief of patients and IDimer patients of Weston General Hospital who are sick. convalescent.
disabled handicapped or Infirm or in need ol financial assistance and generally. lo support the
charitable work of VJeslon General Hospital,.
The aims of the charity are lo increase the level of relief within the hospitals through.
al the provision of new equipment, which ensures Irealrnenl with the lalesl and most sophislicaled
equipment possible.
t)) the provision of services 10 patients which help make their stay in hospital as comfortable as
possible.
Our aims fLJlly reflect the purposes that the charity was sel up lo further 3nd following review the
Committee have made no amendments during the year We have referred lo the guidance in the
Charity Commission's general guidance on pijblic benefit In making this decision
Public benefit
The Iruslees have continued lo run the shop lo raise income available lor hospital Improvements lo
benefit the public.
The Iruslees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard lo Ihe public benefit guidance published by the Charity Commission for
England and Wales
Structure, governance and management
The org£nis31ion is a charitable Company limited by guarantee. incorporated Dn 29 November 2006
and registered a5 a charity on 14 February 2007. The company was established under a
Memorandum of Association which established the objects and pov4ers of the charitable Company
and Is gnvp.rnp.rl Iindp.r Ils Artir.Ip,s nf Agqor.iAlinn In the event of the Company being wound up
members are required lo contribute and amount not exceeding £10
The directors of the Company are also charity Iruslees lor the purpose5 of charity law and under the
Company's Articles are elected lo serve for a period of 3 years after which they musl be re-elected al
the next Annual General Meeting They form the Management Committee.
New Tiustees are appointed by the Management Commilleè as required. Our airn being lo maintain a
committeè that has a wide range of experience that can be used lo guide the Charity and further Ils
Dbieclives.
The Iruslees undertake appropriate induction and training In order lo undeisland :. he particular way
the charily operates and lo keep up to dale with the regulatory changes that affect the charity.
All directors give their lime voluntarily and receive no benefits from the charity.
Page 3

League of Friends of Weston General Hospitsl
Trustees, Report
Statement of trustees. responsibilities
The Iruslees are responsible lor the maintenance and integrity of the corporate and financial
Information Included on the charitable company's website Legislation governing the prep8ratlDn and
dissemination ol linancicil statements may differ from legislation in olher jLJrisdictions.
The annual report was appioved by the trustees of the charity on 2.7.-.a.q.- signed on ils
beh 11 by
Cha
man and Iruslee
P2ge 4

League of Friends of Weston General Hospital
Independent Examiner's Report to the trustees of League of Friends of Weston
General Hospital I'the Company'l
I report to the charity trustees on my examination ol the accounts ol the Compa ny for the year ended
31 December 2023.
Responsibilities and basis of report
As the charity's Iruslees ol the Company land a150 Ils directors for the purposes ol company lawl you
are responsible for the preparation of the accDLJnts in accordance with the requirements of the
Companies Act 20061'the 2006 Acl'l.
Having Satisfied myself that the accounts of the Company are not reqLJired lo be audited under Part
16 01 the 2006 Act and are eligible lor Independent examination, I report in respect ol niy examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 1 the 2011 Acl'l.
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no mallers have come lo my allenlion In connection
with the examination giving me cause lo believe..
1 accounling records were not kept in rèspect ol League of Friends ol Weston General Hospital as
required by section 386 of the 2006 Act, or
2 the accounts do not accord with thos& records, or
3. the accounts do not comply with the accounting requirem2nls of section 396 of the 2006 Act
other than any requirernenl Ihal the accounts give a 'lrue and fair view, which is not a matter
considered as part ol an independent examination, or
4. the accounts have not been prep3red in accordance with the methods and principles of the
Slalemenl Df Recommended Practice for accounting and reporting by charities lapplicable lo
charities preparing their accounts In accordanGe with the Financial Reporting Standard
applicable In the UK and Republic ol Ireland IFRS 10211.
I have no concerns and have come across no other mallers in connection with the examillalion lo
which allenlion should be drawn In this report In order lo enable a proper understanding ol the
accounts lo be reached
Peter Lo
FCA
ax
Tallford House
38 Walliscole Road
Weslon-super-mare
Somerset
BS23 1 LP
Dale...
Page 5

League of Friends of Weston General Hospital
Statement of Financial Activities for the Year Ended 31 December 2023
Ilncluding Income and Expenditure Account and Statement of Total
Recognised Gains and L05ses)
Unrestricted
funds
Total
2023
Total
2022
Note
Income and Endowments from..
Donations and legacies
Other trading activities
Investment incorne
3.900
168,893
1,655
3.900
168,893
1,655
16.422
85.837
244
Total income
174.448
174,448
102,503
Expenditure on-
Costs of other trading activities
Expenditure uii charitable activities
Total expenditure
1122.0751
165.3731
1122,0751
165.3731
167,0611
114,1841
1187,448
11874481
113.0001
181,2451
Nel lexpendilurellincome
13,0001
21,258
Nèl movement In funds
113,0001
113,0001
21,258
Reconciliation of funds
Total funds brought forward
220 762
220.762
19 Jtr 503
Total funds carried forward
207,762
207,762
220,761
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2022 is shown In note 18.
The notes on pages 8 to 20 form an integral part of these financial s13temenl5.
Page 6

League of Friends of Weston General Hospital
(Registration number: 06013417)
Balance Sheet as at 31 December 2023
2023
2022
Note
Fixed assets
Tangible assets
1,698
2,274
Current assets
Stocks
Debtors
Cash al bank and in hand
14
10.929
290
200,633
211,852
7.092
268
214,317
221.677
Creditors- Amounts falling due within one year
16
15,7881
3,190
Net current assets
206,064
218,487
Net assets
207,762
220.761
Funds of the charity..
Unrestricted income funds
Unreslricled funds
207.762
220 761
Total funds
207.762
220,761
The financial slalemenls on pages 6 10 20 were approved by the trustees, and aulhorised for issue on
z1 - 01.-lignd signed on their beh811 by".
A B Williims
Chairman 2nd Iruslee
The notes on pages 8 10 20 form an Integral part of these financial s121emenls.
Page 7

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
1 Charity status
The charity Is limited by guarantee, incorporaled In England and IN31es, and consequently does not
have share capital Each of the Iruslees is liable lo contribute an amount not exceeding £10 towards
the assets ol the charity In the event ol Iiquidalion
The address of Ils registered office is.
Tallford House
38 Walliscole Road
Weston-super-mare
Stsmersel
BS23 1LP
2 Accounting policies
Statement of compliance
The financial statements have been prepared In accord3nce with Accounting and Reporting by
Charities Slalemenl Df Recommended Practice (applicable lo charities preparing their accounts In
2ccordarnce with Ihc Financial Reporting Standard applicable In the UK and Republic of I reland l FRS
10211 (issued in October 20191 Icharilies SORP IFRS 10211, the Financial Reporting Stgndard
applicable in the UK and Republic of Ireland IFRS 1021, the Companies Act 2006 and the Charities
Act 2011
Basis of preparation
The financial slalemenls have been prepared on the historical cost basis, as modified by the
revalLJalion of certain financial asse15 2nd liabilities and investment properties measured al fair value
through Income or expenditurè
The financ121 statements are prepared in sterling. which ,'s the functional currency of the enlily.
Going concern
There are no material uncertainlies about the charity s ability lo continue
The charity has sufficient reserves so that If there were closures to the shop they would still be In a
strong position
Disclosure exemptions
The charity has taken advantage of the exemptions In the Charities SORP IFRS1021 Including the
requirement to produce a cashllow statement because Il is classed as a small charity.
Volunteers
The value of services provicled by volunteers Is not incorporated Into the financial slalemenls Further
details Df the contributions made by volunteers can be found in the Trustees annual report.
Page 8

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
Judgements
The preparation ol the financial statements requ Ires management lo wake iudgemenls, eslimales and
assumptions that affect the amounts reported. These estimates and iudgemenls are continually
reviewed and are basecj on experience and other factors, including expectations of future events that
are believed lo be ieasonable under the circumstances.
Key sources of estimation uncertainty
Accounting eslimales and assumption5 are made concerning the future and, by their nature, will rarely
equal the related aclual outcome The key assumptions and other sources of eslimalion uncertainly
that have a significant risk of causing a m3ter131 adjuslmenl lo the carrying amounts of assets and
liabilities within the next financial year are the estimation of depreciation rates lo write off assets over
their useful economic life
Incoming resources
All income Is Included In the slalemènl ol financial activities when enlillemenl has passed lo the
charity, il Is probable thal the economic benefits associated with the trans2Ction will flow to the ct)ariiy
and the amount can be reliably measured. The amount recognis&d is slated riel of VAT The following
specific policies are applied lo particular categories ol Income.
Income Irom donations or grants is recognised when therè Is evidence of enlillement lo the gift,
receipt is probable and Ils amount can be measurèd reliablg
Gift Aid receivable Is Included In Income when there Is a valid declaration from the donor Any Gift
Aid amount recovered on 2 donation Is considered lo be part of that gift and Is treated as an addition
lo the same fund as the Initial donations unless the donor or the terms ol the appeal have specified
olherNise.
LegaGy income Is recognised when receipt Is probable and entillemenl is established.
Income from donated goods Is measured at the lair value ol the goods unless th15 is impractical lo
measure reliably, In which case the value is derived from the cost of the donor or the e51imaled resale
value. Donated facilities 2nd services are recogn15ed in the accounts when received il the value can
be re113bly measured. No amounts are included for the contribution of general volunteers
Income from contracts for the supply of seNices is recognised with the delivery ol the contracted
seNice. This Is c12ssilied as Ljnreslricled funds unless there Is a contractual requirement lor Il lo be
spent on a particular purpose and returned if unspent, in which case il may be regarded as restricted
Incom& from interest is included in the accounts when reGeipl is probable and the amount receivable
can be measurèd reliably.
Membership subscriptions received In the nature of a gift are recognised In Donations and Legacies.
Where tuinover is ;he amount cjerived from the provision of goodslservices, this Is slated after trade
discoLJnls, other sales taxes ancj nel ol VAT.
Page 9

League of Friends of Weston General Hospital
Notes to the Financial Ststements for the Year Ended 31 December 2023
Resources expended
Expenditure is recDgnised on an accruals basis as 8 liability 1$ 1ncurred. Expenditure Includes any
VAT which cannot be fully recovered, and Is clasrilied undei headings ol the statement ol financial
activities to which Il relates..
Expendiluie on raising funds InclLides the costs ol all fundraising aclivilies. events non-charilable
trading activities. and the s21e of donated goods.
Ixpellditure on charitable activities InclLJdes all costs Incurred by a charity In undertaking activities
that further Its charitable aim5 lor the benefit ol Ils beneficiaries, Including those support costs and
costs relating lo the governance ol Ihe charity apportioned lo charitable activities
Other expenditure Includes all expenditure that is neither related lo raising funds lor the charity nor
part of Ils expenditLire on chari12ble activities.
All costs are allocated lo expenditure Galegories Feflecling the use ol the resoLJrce Direct costs
attributable lo a single activity are allocated directly lo that aclivily. Shared costs are apportioned
bet4veen the activities they conlribule lo on a Feasonable. iusliliable and consistent basis
Expenditure on Charitable activities
Expenditure on charitable activities IllLILide awards made lo the Weston Area Hoalth Trust towards
the purchase ol furniture and equipment for the Hospital
Costs of other trading activities
Costs of other trading activities Consist ol purchases for the shop together with any other directly
allribb;2ble costs
Support costs
Support GOSIS 1nelude central functions and have been allocated lo aclivily cost calegoiies on a basis
consislenl with the use of resources for example 311ocaling property costs by floor areas, or per
capila, staff costs by the time spent and other costs by their usage.
Governance costs
Governance costs comprise all costs involving the public accounlabilily ol the charity 2nd Ils
compliance with regu121ion and good practice These costs Include costs relaled lo Independent
cxJminalion 3nd Iggal f8es
Tangible assets
All fixed assets are Ini11311y recorded al cost.
Page 10

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
Depreciation
Depreciation Is provided on tangible fixed assels so as lo write off the cost or valuation of an asset,
less Its residual v31ue. Over the expected u.%elul economic Ille ol that asset as follows"
Depreciation method and rate
5 years slraighl line
15°/o reducing balance
Asset clas5
Leaseyold
Equipment
Impairment of fixed as5et5
A review for Indicators of Imp2irmenl Is carried out al each reporting date. with the recoverable
amount beillg eslim8led where such Indicators exist Where the carrying value exceeds the
recoverable amount, the asset Is impaired accordingly. Prior Impairments are also reviewed lor
possible reversal al each reporting dale.
For the PLirposes of impairmp.nl lesling, Ivhen Il Is nol possible lo estimate the Fecover2ble amount ol
an individuBI asset, an estimate is made ol the recoverable amount of the cash-generaling Ljnit lo
which the asset belongs. The cash-geneialing unit Is the sm311esl Idenliliable group ol assets that
includes the asset and generates cash inflows that are largely Independent ol the cash inflows from
other assets or groups of 3ssels.
Stock
Stocks are measured al the lower of cost and eslimaled selling price less costs lo complete and sell.
Cost Includes all costs ol purchase, costs ol conversion and other costs Incurred In bringing the stock
lo Ils present location and condition.
Fund accounting
Unrestricted InC0￿e fund5 comprise those fullds, which the Iruslèes are free lo use for any purpose in
furtherance ol the charitable obiecls Unreslricled funds Include designated funds where the Iruslees.
at their discretion, have crealed a fund for a specific purpose
Pagè 11

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
Financial instruments
A financial asset or a financial liability Is recognised only when the enlily becomes a party to the
conlraclual provisions of the Inslrumenl.
Basic Iin2ncial Instruments are Initially recognised al the aniounl ieceivable or payable including any
related Iransaciion costs, unless the arrangement conslilLiles a Iinanc1ng transaction where Il Is
recognised al the present value of the lulure payments discounted al 8 market rale ol Interest for a
5Imilar debt Inslrumenl.
CLJrrenl assets and current Iiabililies are subsequently measured al the Cash or other consideration
expected lo be paid or received and not discounted
Financial assets th31 are measured al cost or amortised cost are reviewed for objective evidence ol
Impairment al the end of each reporting dale If thei? 1£ cTrhjp.ctive evidence ol impairment an
impaifment loss Is recognised undei the appropriate heading In the s121errenl ol financial activities In
which the Initi31 gain was recognised.
Any reversals ol Impairment are recognised immediately, lo the exlenl that the reversal does not
result in a carry1ng amount of the financial asset that exceeds what the carrying amount would have
been had the Impairment not previously been recognised
3 Income from donations and legacies
Unrestricted
funds
General
Total
2023
Donations and legacies.,
Collection box Income
Oonalions and legacies
Membership subscriptions
769
769
2,857
274
2,857
274
3,900
3,900
Unrestricted
funds
General
Total
2022
Donations and legacies",
Collection box income
Donations and legacies
Mefflbership subscriptions
724
15,330
368
724
15,330
368
16.422
18.422
Page 12

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
4 Income from other trading activities
Unrestricted
funds
General
Total
2023
Trading income,
Shop takings
Events income.,
Fundraising evènts
168,778
168.778
115
115
168,893
168,893
Unrestricted
funds
General
Total
2022
Trading income,
Shop takings
Events Income,
lundra15ing events
85,544
85,544
293
293
85 837
5 Investment income
Unrestricted
funds
General
Total
2023
Inleresl receivable and similar income,.
8ank Interest receivable
1,655
1,655
1.655
1,655
Unreslricted
funds
General
Total
2022
Interest receivable and similar Income,
Bank interest receivable
244
244
244
244
Page 13

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
6 Expenditure on raising funds
al Costs of trading actlvities
Unrestricted
funds
General
Total
funds
Shop expenditure
122.075
122,075
Total for 2023
122,075
122,075
Total for 2022
67 061
67,061
Total
costs
7 Expenditure on charitable activities
Unrestricted
funds
General
Total
2023
Note
Allocated support costs
Governance costs
63,453
1,920
63,453
1,920
65,373
Unrestricted
funds
General
Total
2022
Note
Allocated support costs
Governance costs
12.191
1.993
12.191
1.993
14,184
14,184
Page 14

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
Activity
undertaken
directly
Activity
support
costs
2023
Purchase of hospital equipment
Gardening costs including pond
Insurance
Subscriptions
Printing, Postage and stationery
Governance costs
59. 502
1 549
235
1 375
78
59,502
1,549
235
1,375
78
2,261
57
277
2,261
Sundry expenses
Los5 on disposal of fixed assets
57
277
63,073
2261
65,334
Aetivity
undertaken
directly
Activity
support
costs
2022
PLJrch2se of hospital equ1pmenl
Presents lo staff and patients ol the hospital
Gardening Gosls iiicluding poiid
Depreciation
Insurance
Subscriptions
Printing. postage and slalionery
Governance costs
7,803
126
1,803
49
224
1,062
533
7.803
126
1.803
49
224
1.062
533
2,584
2,584
11 800
2,584
14,184
In addition to the expenditure analysed above. there 8re also gDvernance costs of £1,920 12022
£1,993) which relate directly lo charit3ble aclivilies. See note 8 lor further details
Page15

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
8 Analysis of governance and support costs
Governance costs
Unrestricted
fund5
General
Total
2023
Independent examiner lees
Other fees paid lo examiners
1 920
1 ,920
1.920
1,920
Unrestricted
funds
General
Total
2022
Independent examiner fees
Other fees p21d lo examiners
1993
1,993
1,993
9 Net incorningloutgoing resources
Nel loulgoingllincoming resources for Ihe year include.
2023
2022
Oeprecialion ol Iixed assets
300
352
10 Tru5tee5 remuneration and expenses
£9512022 £1261 of expenses were reimbursed lo Iruslees during the year.
ND trustees, nor any persons connected with them, have received any remuneration from the charity
dur1ng the year
No Iruslees have received any other benefits from the charity during the year
Page 16

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
11 Independent examiner's remuneration
2023
2022
Other fees to examiners
The examining o13ccounls of any associate of the charity
All other assurance services
1.860
865
1.993
1,150
2725
3143
12 Taxation
The charity Is a registered Charity and is therefore exempl from laxalion,
13 Tangible fixed assets
Furniture
and
equipment
Land and
buildings
Total
Cost
At 1 January 2023
DIsp05a15
10,019
6565
1.940
16.584
11 9401
Al 31 December 2023
10,019
4,625
14 644
Depreciation
Al 1 January 2023
Charge for the year
Eliminated on disposals
10,019
4,291
299
(1,663
14.310
299
1,663
Al 31 December 2023
10,019
2,927
12.946
Nel book value
Al 31 December 2023
1,698
1,898
At 31 Docombtsr 2022
2.274
2,274
Included within the nel book value of land and buildings above is £NIl 12022 £NIll in respect ol
freehold land 2nd buildings and £NIl12022 £Nill in respect ol leaseholds.
14 Stock
2023
2022
Stocks
10,929
7.092
Page 17

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
15 Debtors
2023
2022
Prepaymen15
290
268
16 Creditors.. amounts falling due within one year
2023
2022
VAT owedllreceivablel
Other creditors
Accruals
12631
3,291
2.760
23
317
2,850
5,788
3,190
17 Obligatlofls under leases and hire purchase contracts
The 10131 value of future minimum lease payments was as follows..
2023
2022
Within one year
In two lo five years
12,0001
16,0001
12.0001
2.000
8,000
Page 18

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
18 Funds
Unrestricted funds
Balanee at 1
January
2023
Balance at
31 December
2023
Incoming
resources
Resources
expended
Unrestricted funds
Gener?1
General FLJnds
220,761
174.448
1187 447
207,762
Unrestricted funds
Balance at 1
January
2022
Balance at
31 December
2022
Incoming
resources
Resources
expended
Unrestricted funds
General
General Funds
199,503
102,503
181.2451
220.761
Page 19

League of Friends of Weston General Hospital
Notes to the Financial Statements for the Year Ended 31 December 2023
19 Analysis of net assets between funds
Total funds
at31
December
2023
Unrestrictgd
funds
General
Tangible fixed assets
Current assets
1,698
211,852
15.7881
207,762
1,698
211.852
15,7881
Total nel assets
207,762
Total funds
at31
December
2022
Unrestricted
fund5
General
Tangible fixed assets
Current assets
Curronl Iiabililies
2,274
221.677
13,1901
220,761
2,274
221,677
13,1901
Total nel 355ets
220.761
20 Related party transactions
Aside from the reimbLJrsemenl of Iruslee's expenses detailed above there were no related party
Iransaclions in Ihe year
21 Non-adjusting events after the financial period
In February 2024, the Charity agreed an extension lo the opeialing lease which will allow the Charity
lo continue lo run the shop from the Cur￿ nt unil until April 2029 The previous agreement. as shown
in the accounts Inole 171, was due lo expire in April 2024. The lease has been extended al an annual
cost of £6.000 per annum.
Page 20