```
REGISTERED COMPANY NUMBER: 06075390 (England and Wales)
REGISTERED CHARITY NUMBER: 1120579
```
## **`Report of the Trustees and`**
```
Unaudited Financial Statements for the Year Ended 31 July 2021
```
## **`for`**
```
The League of Friends
of Cranleigh Village Hospital
(A Company Limited by Guarantee)
```
```
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
```
```
The League of Friends
of Cranleigh Village Hospital
```
```
Contents of the Financial Statements
for the Year Ended 31 July 2021
```
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`3`|
|**`Independent Examiner's Report`**||`4`||
|**`Statement of Financial Activities`**||`5`||
|**`Balance Sheet`**|`6`|`to`|`7`|
|**`Notes to the Financial Statements`**|`8`|`to`|`12`|
|**`Detailed Statement of Financial Activities`**||`13`||
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Report of the Trustees for the Year Ended 31 July 2021`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31July2021.Thetrusteeshave adopted
theprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and activities`**
```
TheCharity'sobjectiveistosupporttheworkoftheCranleighVillageHospitalandtheCranleigh Medical
Practicebyvoluntaryserviceand/ortheprovisionoffundsbywayofgrantsforspecificitems,assetout in
theCharity'sObjectsandRules.TheTrusteesconsiderthattheseobjectivescomplywiththedutyinSection 17
of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.
```
## **`Public benefit`**
```
Thebenefitofthecharity'sworkaretheprovisionofmedicalequipmentandamenitiesavailabletoall those
receiving nursing and medical care in Cranleigh.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
TheCharitycontinuedtomakegrantsandgenerateincomewhichsupportedtheactivitiesofthe Cranleigh
Village Hospital.
```
## **`Investment performance`**
```
Interestratesoncashbalancesremainedlowduringtheyearandareexpectedtoremainlowforsome time
yet.
```
```
RathbonesInvestmentManagementcontinuetomanageinvestmentsonaDiscretionarybasiswithabrief of
providingincomewithacautiousapproachconsistentwithgrowthpotential.Allinvestmentactivities are
monitored by the board.
```
```
Theinvestmentperformancethisyearyieldedincomeof£49,220comparedto£60,006lastyear,a decrease
this year, with dividends falling by £6,449 and a fall in interest received of £4,337.
```
## **`FINANCIAL REVIEW`**
## **`Income generation`**
```
TheCharity'sgrossunrestrictedincomefortheyearwas£50,805,adecreasecomparedto£72,079, arising
mainlyfrominvestmentreturnsfailing.Therewerenolegacyreceiptsintheyearcomparedtoone legacy
receiptlastyearof£10,000.Previoustothatnolegacieshadbeenreceivedinthepreviousfiveyears. The
Trustees thank all the Charity's supporters for their work and generosity throughout the year.
```
## **`Investment policy and objectives`**
```
TheboardisresponsiblefortheCharity'sInvestmentpolicy.TheTrusteeshaveappointed Rathbones
InvestmentManagementtomanageinvestmentsonadiscretionarybasiswithacautiousapproachto risk,
withaviewtomaintainingincomeandkeepingassetvaluesaheadofinflation.Investmentactivities are
monitored by the board and reviewed at the Trustees' regular meetings.
```
## **`Reserves policy`**
```
TheCharityhasnorestrictedreservesbuttheOfficersandTrusteesregularlyconsiderthisbearinginmind the
natureoftheincomeandexpenditurewherepossibleandtheneedtomatchthecostoffurther equipment
requestedbytheexistinghospital,daycentreandmedicalpracticeagainsttheneedtobuildupfunds to
support any new enlarged hospital and clinics.
```
## **`Grant expenditure`**
```
Grantsweremadeduringtheyeartotalling£76,765comparedto£35,200lastyear,whichincludes regular
donations for End of Life Care as further detailed in note 4 on page 9.
```
```
Page 1
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Report of the Trustees`**
## **`for the Year Ended 31 July 2021`**
## **`FUTURE PLANS`**
```
OverthepastfewyearswehavefundedthenewRadiographyDepartment,contributedto thenew Maternity
andEarlyYearsHub,Orthopaedicsandrenovationandimprovedfacilitiesforpatientsandstaffof the
Outpatients Department.
```
```
WehavecontinuedtoprovidefinancialsupportfortheMedicalPracticetoenhancethepatient experience
andarecontinuingourcontributiontoPhyllisTuckwellHospiceatHome,toincreasethecoverprovided in
the Cranleigh area.
```
```
Theexistingdefibrillatorsweplacedaroundthevillagehavebeenaugmentedwithtwomoreunder an
initiative by the Lions to which we have contributed.
```
```
Currentongoingcommitmentscanbemetfrominvestmentincomearisingfromourportfoliomanaged by
RathbonesInvestmentManagementwhichcontinuestoreturnasatisfactoryyield.Tospreadrisk, a
proportionateamountofcashisstillheldinbothinstantaccessandtermaccounts,andwe continually
consider ways to maximise our income from deposits and investments.
```
```
Thereisstillroomforfurthermedicalfacilitiesinthehospitalwhicharebeingpursuedandweshallbe pleased
toassistinestablishingtheseshouldtheysucceed.PlansforexpansionoftheRadiographyDepartment would
involvesubstantialexpenditurewhichcouldinvolveafundraisingexercise.TheLeagueisalsoinvolved in
developingacaseforanAcuteTreatmentCentreforCranleighandwillcontinuetoworktosupportthe work
ofthehospitalandtoassistcurrentandpastpatientsofofthehospitalandothermembersofthe community
with health needs as we have been doing for many years.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
TheLeagueofFriendsofCranleighVillageHospitalwassetupin1959andisgovernedbyitsObjects& Rules
whichwereadoptedin1985andlastamendedon13June2001andalsobyitsMemorandum&Articles of
Association.ThecharityisaregisteredcharityanddetailscanbefoundontheCharityCommissions website.
The charity constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
```
## **`Recruitment and appointment of new trustees`**
```
A maximumof24trusteesareelectedbythememberspresentattheAnnualGeneralMeeting.Theyretire by
rotationeverythreeyearsandcanbere-elected.Candidatesmustshowknowledgeofandaninterestin the
HospitalandthecommunityitservesandbewillingtogivethetimenecessarytomeettheCharity's aims.
Trustees are also selected to give the Charity a good mix of appropriate professional skills.
```
## **`Organisational structure`**
```
ThemembersandsubscribersoftheLeagueofFriendshavedelegatedtheadministrationofthecharityto the
board.TheboardconsistsoftheChairman-MrsDavies,Secretary-MrsCampandTreasurer-MrKeeping and
currently12othermembers.TheboardconductsandmanagesthebusinessoftheLeagueand board
membersactasTrustees.TheboardisalsoresponsiblefortheappointmentofTrustees.Theboardof directors
normallymeetthreetimesduringtheyearbutundertheCoronaviruspandemicenvironment,meetings were
undertaken remotely.
```
## **`Induction and training of new trustees`**
```
TheCharity,inrecognisingthespecialrequirementsofaCharitableCompany,encouragestheTrustees to
makethemselvesdulyawareoftheneedsoftheCharitybystudyingrelevantguidance, undertaking
appropriate reading and, where necessary, attending suitable courses.
```
## **`Risk management`**
```
Thetrusteeshaveadutytoidentifyandreviewriskstowhichthecharityisexposedandtoensure appropriate
controlsareinplacetoprovidereasonableassuranceagainstfraudanderror.A RiskManagementPolicyis in
placeandRiskAssessmentsareupdatedannually,coveringthemainareasoffinancialmanagement and
trustee and public liability.
```
```
The Charity maintains Trustee Insurance through its membership of Attend.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
06075390 (England and Wales)
```
```
Page 2
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Report of the Trustees for the Year Ended 31 July 2021`**
```
Registered Charity number
1120579
```
## **`Registered office`**
```
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
```
## **`Trustees`**
```
Mr Cheesman
Mrs Camp
Dr Christie
Mrs Davies
Miss Davis
Mrs Francis
Mrs Hurtley
Mr Keeping
Mrs Loveland
Mrs Norman
Mrs Roach
Mrs Rosenberg (resigned 10.3.21)
Dr Verdon
Mrs Wood
Mrs Gravill
Dr Bundy
```
## **`Company Secretary`**
```
Mrs Camp
```
## **`Independent Examiner`**
```
Andrew Skilton, ACA
Independent Examiner
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
```
## **`INVESTMENT MANAGER`**
```
Rathbones Investment Management
Fiennes House
32 Southgate Street
Winchester
SO23 9EH
```
```
ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct 2006
relating to small companies.
```
```
Approved by order of the board of trustees on 27 October 2021 and signed on its behalf by:
```
```
Mrs Camp - Secretary
```
```
Page 3
```
```
Independent Examiner's Report to the Trustees of
The League of Friends
```
## **`of Cranleigh Village Hospital`**
## **`Independent examiner's report to the trustees of The League of Friends of Cranleigh Village Hospital ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 July 2021.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the
2006Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyour charity's
accountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act').Incarryingout my
examinationIhavefollowedtheDirectionsgivenbytheCharityCommissionundersection145(5)(b)of the
2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with
the examination giving me cause to believe:
```
`1. 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 accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Andrew Skilton, ACA
Independent Examiner
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
```
```
27 October 2021
```
```
Page 4
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Statement of Financial Activities`**
## **`(Incorporating an Income and Expenditure Account) for the Year Ended 31 July 2021`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
`2`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`3`
**`Charitable activities`**
`Charitable activities`
**`Total`**
`Net gains/(losses) on investments`
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|**`31.7.21`**
**`Unrestricted`**
**`fund`**
**`£`**
**`1,585`**
**`49,220`**
**`50,805`**
**`17,319`**
**`81,453`**
**`98,772`**
**`331,719`**
**`283,752`**
**`2,558,677`**
**`2,842,429`**|`31.7.20`
`Total`
`funds`
`£`
`12,073`
`60,006`
`72,079`
`16,095`
`40,288`
`56,383`
`(122,199)`
`(106,503)`
`2,665,180`
`2,558,677`|
|---|---|---|
```
The notes form part of these financial statements
```
```
Page 5
```
```
The League of Friends
of Cranleigh Village Hospital (Registered number: 06075390)
```
## **`Balance Sheet`**
## **`31 July 2021`**
|`Notes`
**`FIXED ASSETS`**
`Investments`
`7`
**`CURRENT ASSETS`**
`Debtors`
`8`
`Investments`
`9`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`10`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`11`
`Unrestricted funds:`
`General fund`
**`TOTAL FUNDS`**|**`31.7.21`**
**`Unrestricted`**
**`fund`**
**`£`**
**`2,498,890`**
**`3,254`**
**`276,935`**
**`66,536`**
**`346,725`**
**`(3,186)`**
**`343,539`**
**`2,842,429`**
**`2,842,429`**
**`2,842,429`**
**`2,842,429`**|`31.7.20`
`Total`
`funds`
`£`
`2,063,987`
`3,388`
`275,274`
`219,088`
`497,750`
`(3,060)`
`494,690`
`2,558,677`
`2,558,677`
`2,558,677`
`2,558,677`|
|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 July 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 July 2021 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
The notes form part of these financial statements
```
```
continued...
```
```
Page 6
```
```
The League of Friends
of Cranleigh Village Hospital (Registered number: 06075390)
```
## **`Balance Sheet - continued`**
## **`31 July 2021`**
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon27October 2021
and were signed on its behalf by:
```
```
Mrs Camp - Trustee
```
```
Mrs Davies - Trustee
```
```
Mr Keeping - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Notes to the Financial Statements`**
```
for the Year Ended 31 July 2021
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecharity,whichisapublicbenefitentity,havebeen prepared
inaccordancewithAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththefinancialreporting standard
applicableintheUKandRepublicofIreland(FRS102)(2ndedition,effectiveJanuary2019), "Charities
SORP"andCompaniesAct 2006.Thefinancialstatementshavebeenpreparedunderthehistorical cost
conventionwiththeexceptionofinvestmentswhichareincludedatmarketvalue,asmodifiedby the
revaluation of certain assets.
```
## **`Income`**
```
All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure and irrecoverable vat`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
beenallocatedtoactivitiesonabasisconsistentwiththeuseofresources.IrrecoverableVAT is
charged against the activity for which the expenditure was incurred.
```
```
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
```
## **`Financial instruments`**
```
TheCharityonlyhasfinancialassetsandfinancialliabilitiesofakindthatqualifyasbasic financial
instruments.Basicfinancialinstrumentsareinitiallyrecognisedattransactionsvalueand subsequently
measured at their settlement value.
```
## **`Fund accounting`**
```
FundsheldbytheCharityareallunrestrictedgeneralfunds-thesearefundswhichcanbeused in
accordance with the charitable objectives at the discretion of the Trustees.
```
## **`Going concern`**
```
Thetrusteeshaveassessedwhethertheuseofthegoingconcernbasisisappropriate,especiallyin light
ofCoronavirus,andhaveconsideredpossibleeventsorconditionsthatmightcastsignificantdoubt on
theabilityofthecharitytocontinueasagoingconcern.Thetrusteeshavemadethisassessmentfor a
periodofatleastoneyearfromthedateofapprovalofthefinancialstatements.Inparticular, the
trusteeshaveconsideredthecharity'sforecastsandprojectionsasamendedtotakeinto account
Coronavirusimplications.Aftermakingenquiries,thetrusteeshaveconcludedthatthereis a
reasonableexpectationthattheCharityhasadequateresourcestocontinueitsactivitiesfor the
foreseeablefuture.Accordingly,theycontinuetoadoptthegoingconcernbasisinpreparing the
financial statements.
```
## **`Fixed asset investments`**
```
All fixed asset investments are included at market value at the balance sheet date.
```
```
continued...
```
```
Page 8
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2021`**
## **`2. INVESTMENT INCOME`**
|||**`31.7.21`**|`31.7.20`|
|---|---|---|---|
|||**`£`**|`£`|
||`Dividends and investment return received`|**`46,006`**|`52,455`|
||`Deposit account interest`|**`3,214`**|`7,551`|
|||**`49,220`**|`60,006`|
|**`3.`**|**`RAISING FUNDS`**|||
||**`Investment management costs`**|||
|||**`31.7.21`**|`31.7.20`|
|||**`£`**|`£`|
||`Portfolio management`|**`17,319`**|`16,095`|
|**`4.`**|**`GRANTS PAYABLE`**|||
|||**`31.7.21`**|`31.7.20`|
|||**`£`**|`£`|
||`Charitable activities`|**`76,765`**|`35,000`|
```
TheCharitymadegrantsanddonationstothefollowing;£25,000(2020-£25,000)toPhyllis Tuckwell
HospiceatHomeand£10,000(2020-£10,000)toCranleighMedicalPractice.Inadditionthe Charity
madegrantstotalling£40,415toRoyalSurreyCountyHospitalNHSFoundationTrustregarding the
MaternityHubandOrthopaedicequipmentand£1,350toprovideadefibrillatortoCranleigh Parish
Council.
```
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2021norforthe year
ended 31 July 2020.
```
## **`Trustees' expenses`**
```
£25(2020- £490)ofsundryexpenseswerereimbursedto 1 (2020- 2) Trusteeinthenormalcourseof their
duties.
```
## **`6. GOVERNANCE COSTS`**
```
Governance costs include £3,186 (2020 - £3,060) with regard to Independent Examination fees.
```
## **`7. FIXED ASSET INVESTMENTS`**
|**`MARKET VALUE`**
`At 1 August 2020`
`Additions`
`Disposals`
`Revaluations`
`At 31 July 2021`
**`NET BOOK VALUE`**
`At 31 July 2021`
`At 31 July 2020`|`Listed`
`investments`
`£`
**`2,063,987`**
**`322,768`**
**`(218,980)`**
**`331,115`**
**`2,498,890`**
**`2,498,890`**
`2,063,987`|
|---|---|
```
continued...
```
```
Page 9
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2021`**
## **`7. FIXED ASSET INVESTMENTS - continued`**
|`There were no investment assets outside the UK.`
`Cost or valuation at 31 July 2021 is represented by:`
`Valuation in 2021`
`Historical cost at the year end was £1,733,263 (2020 - £1,566,257).`
**`8.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Prepayments and accrued income`
**`9.`**
**`CURRENT ASSET INVESTMENTS`**
`Cash held as investment`
**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Accruals and deferred income`
**`11.`**
**`MOVEMENT IN FUNDS`**
`At 1.8.20`
`£`
**`Unrestricted funds`**
`General fund`
**`2,558,677`**
**`TOTAL FUNDS`**
**`2,558,677`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
**`Unrestricted funds`**
`General fund`
**`50,805`**
**`(98,772)`**
**`TOTAL FUNDS`**
**`50,805`**
**`(98,772)`**||**`31.7.21`**
**`£`**
**`3,254`**
**`31.7.21`**
**`£`**
**`276,935`**
**`31.7.21`**
**`£`**
**`3,186`**
`Net`
`movement`
`in funds`
`£`
**`283,752`**
**`283,752`**
`Gains and`
`losses`
`£`
**`331,719`**
**`331,719`**||**`Listed`**
**`investments`**
**`£`**
**`2,498,890`**
`31.7.20`
`£`
`3,388`
`31.7.20`
`£`
`275,274`
`31.7.20`
`£`
`3,060`
`At`
`31.7.21`
`£`
**`2,842,429`**
**`2,842,429`**
`Movement`
`in funds`
`£`
**`283,752`**
**`283,752`**|
|---|---|---|---|---|
||||||
```
continued...
```
```
Page 10
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2021`**
## **`11. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.8.19`
`£`
`2,665,180`
`2,665,180`|`Net`
`movement`
`in funds`
`£`
`(106,503)`
`(106,503)`|`At`
`31.7.20`
`£`
`2,558,677`|
|---|---|---|---|
||||`2,558,677`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`72,079`
`(56,383)`
`(122,199)`
`(106,503)`
`72,079`
`(56,383)`
`(122,199)`
`(106,503)`|
|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.8.19`
`£`
`2,665,180`
`2,665,180`|`Net`
`movement`
`in funds`
`£`
`177,249`
`177,249`|`At`
`31.7.21`
`£`
`2,842,429`|
|---|---|---|---|
||||`2,842,429`|
```
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the
above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`122,884`
`(155,155)`
`209,520`
`177,249`
`122,884`
`(155,155)`
`209,520`
`177,249`|
|---|---|
```
IncludedwithinUnrestrictedGeneralFundsis£765,627(2020-£497,730)withregardtoafairvalue gain
arising on Fixed Asset Investments.
```
```
continued...
```
```
Page 11
```
```
The League of Friends
of Cranleigh Village Hospital
```
```
Notes to the Financial Statements - continued
for the Year Ended 31 July 2021
```
## **`12. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 July 2021.
```
## **`13. COMPANY LIMITED BY GUARANTEE`**
```
TheCharityisa companylimitedby guaranteeandhasnosharecapital.Themembersliabilityis limited
whereiftheCharityisdissolvedeachmemberwhoisacurrentmemberorhasbeenamember within
thelasttwelvemonthswillcontributeasum(notexceeding£1)towardsthepaymentofthedebts and
liabilitiesoftheCharityincurredbeforeheorsheceasestobeamember,andofthecosts, charges
and expenses of winding up, and the adjustments of the rights of the contributories among themselves.
```
```
Page 12
```
```
The League of Friends
of Cranleigh Village Hospital
```
## **`Detailed Statement of Financial Activities for the Year Ended 31 July 2021`**
|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 July 2021`**|||
|---|---|---|
||`31.7.21`|`31.7.20`|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Donations and legacies`**|||
|`Donations`|**`1,585`**|`2,073`|
|`Legacies`|**`-`**|`10,000`|
||**`1,585`**|`12,073`|
|**`Investment income`**|||
|`Dividends and investment return received`|**`46,006`**|`52,455`|
|`Deposit account interest`|**`3,214`**|`7,551`|
||**`49,220`**|`60,006`|
|**`Total incoming resources`**|**`50,805`**|`72,079`|
|**`EXPENDITURE`**|||
|**`Investment management costs`**|||
|`Portfolio management`|**`17,319`**|`16,095`|
|**`Charitable activities`**|||
|`Subscriptions`|**`668`**|`636`|
|`Printing, postage, stationery and training`|||
|`costs`|**`834`**|`1,592`|
|`Accountancy and legal fees`|**`3,186`**|`3,060`|
|`Grants to institutions`|**`76,765`**|`35,000`|
||**`81,453`**|`40,288`|
|`Total resources expended`|**`98,772`**|`56,383`|
|**`Net (expenditure)/income before gains and`**|||
|**`losses`**|**`(47,967)`**|`15,696`|
|**`Realised recognised gains and losses`**|||
|`Realised gains/(losses) on fixed asset`|||
|`investments`|**`63,309`**|`15,928`|
|**`Net income`**|**`15,342`**|`31,624`|
```
This page does not form part of the statutory financial statements
```
```
Page 13
```