2023-12-31-accounts - Dispensaire Francais-Societe Francaise De Bienfaisance French Clinic And French Benevolent Society

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				Page
Report ofthe Trustees			1	to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Statement ofFinancial	Position		8	to	9
Notes to the Financial Statements			10	to	17
Detailed Statement ofFinancial		Activities	18	to	19

	REPORT O for the Year E
Trustees
BM G Charteris Company Director	Former Manager
Mr L H Debacker Company Director
Dr C Dewast Gynaecologist (resigned S.6.23)
Prof. N SHakim Surgeon (resigned Dr0Lhopitallier Medical Doctor	15.1.23)
Ms M A Madelain Former Lawyer	(resigned 5.2.24)
Ms FDM Mal levays Former Banker
Ms EM C Maxwell Chartered Certified Accountant
SA H Moollan Barrister (resigned	16.1.23)
D H Stockley Former Company Director
Ms BM Williams Former Company	Director
G Bazard Consul General de France (resigned 13.1.23)
DRLMunoz Bargados (appointed	2.2.23)
Ms JLamirel Fund Manager Ms0Lombard Mourre
C d'Angelin Company Director 0Nicolay (appointed 5.2.24)
Company Secretary
JWalczak
Independent Examiner
Rolanda Hyams
Stein Richards
Chartered Accountants
10London Mews
Paddington
LONDON
W2 1HY
Bankers
CAF Bank Limited
25 Kings Hill
West Mailing
Kent ME194JQ

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					31.12.23	31.12.22
					Unrestricted	Total
					funds	funds
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				225,203	225,091
Charitable	activities
Medical Receipts and Patient fees					25,989	22,577
Investment	income				84,821	82,057
Total					336,013	329,725
EXPENDITURE ON
Raising funds					42,403	34,919
Charitable	activities
Charitable	Expenditure				231,938	174,397
Other					1,086	946
Total					275,427	210,262
Net gains/(losses) on investments					93,467	(227,482)
NET INCOME/(EXPENDITURE)					154,053	(108,019)
RECONCILIATION		OFFUNDS
Total funds	brought forward				2,984,606	3,092,625
TOTAL FUNDS CARRIED FORWARD					3,138,659	2,984,606

	STAT	EMENT OF FINANCIAL P 31December 2023	OSITION
			31.12.23	31.12.22
			Unrestricted	Total
			funds	funds
		Notes
FIXEDASSETS
Tangible assets		9	912,242	900,687
Investments		10	1,854,380	1,617,380
			2,766,622	2,518,067
CURRENT ASSETS
Prepayments and accrued income			19,196	18,525
Cash at bank			392,588	465,669
			411,784	484,194
CREDITORS
Amounts falling due within	one year	12	(39,747)	(17,655)
NET CURRENT ASSETS			372,037	466,539
TOTAL ASSETSLESSCURRENT
LIABILITIES			3,138,659	2,984,606
NET ASSETS			3,138,659	2,984,606
FUNDS		13
Unrestricted funds			3,138,659	2,984,606
TOTAL FUNDS			3,138,659	2,984,606

			31.12.23	31.12.22
Rents received			36,114	35,580
Investment	Income		48,707	46,477
			84,821	82,057
RAISING	FUNDS
Investment	management	costs
			31.12.23	31.12.22
				f
Investment	Management	Fees	15,092	14,468

Support costs, included	Support costs, included	in the above, are as follows:
Governance	costs
			31.12.23	31.12.22
			Charitable	Total
			Expenditure	activities
Examiners fees			4,800	4,500
Accountancy	fees		3,145	2,669
Legal fees			3,491	3,078
			11,436	10,247
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			31.12.23	31,12.22
Depreciation	-owned assets		14,987	13,509
Deficit on disposal offixed assets			88

COMPARATIVES F	OR THE STATEMENT OF FINANCIAL AC	TIVITIES
		Unrestricted
		funds
INCOME AND ENDOWMENTS FROM
Donations and legacies		225,091
Charitable activities
Medical Receipts and Patient fees		22,577
Investment income		82,057
Total		329,725
EXPENDITURE ON
Raising funds		34,919
Charitable activities
Charitable Expenditure		174,397
Other		946
Total		210,262
Net gains/(losses) on investments		(227,482)
NET INCOME/(EXPENDITURE)		(108,019)
RECONCILIATION	OF FUNDS
Total funds brought forward		3,092,625
TOTAL FUNDS CARRIED FORWARD		2,984,606

9.	TANGIBLE FIXEDASSETS
		Freehold	Plant and
		property	machinery	Totals
	COST
	At 1 January 2023	1,099,855	59,358	1,159,213
	Additions		26,542	26,542
	At 31December 2023	1,099,855	85,900	1,185,755
	DEPRECIATION
	At 1 January 2023	203,160	55,366	258,526
	Charge for year	12,178	2,809	14,987
	At 31 December 2023	215,338	58,175	273,513
	NET BOOK VALUE
	At 31 December 2023	884,517	27,725	912,242
	At 31December 2022	896,695	3,992	900,687
10.	FIXEDASSET INVESTMENTS
		Listed	Unlisted
		investments	investments	Totals
	MARKET VALUE
	At 1 January 2023	1,579,800	37,580	1,617,380
	Additions	681,744		681,744
	Disposals	(538,211)		(538,211)
	Revaluations	89,776	3,691	93,467
	At 31December 2023	1,813,109	41,271	1,854,380
	NET BOOK VALUE
	At 31 December 2023	1,813,109	41,271	1,854,380
	At 31 December 2022	1,579,800	37,580	1,617,380

			Listed	Unlisted
			investments	investments	Totals
Valuation	in	2021	245,536	2,500	248,036
Valuation	in	2022	(224,489)	(5„331)	(229,820)
Valuation	in	2023	76,414	3,691	80,105
Cost			1,715,648	40,411	1,756,059
			1,813,109	41,271	1,854,380

CASH AT B	ANK
							31.12.23	31.12.22
							Total	Total
							funds	funds
Deposit with	Investment			Managers			6,986	65,294
Bank account							166,127	147,160
CAF l year fixed term							131,995	130,191
CAF 60 Shawbrook		savings					86,066	122,354
Cash in Hand							1,414	670
Total							392,588	465,669
CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE						YEAR
							31.12.23	31.12.22
Other creditors							5,213	3,458
Accruals and	deferred		income				13,000
Accrued expenses							21,534	14,197
							39,747	17,655
MOVEMENT [N		FUNDS
						Net	Transfers
						movement	between	At
					At 1.1.23	in funds	funds	31.12.23
Unrestricted	funds
General fund					401,858	60,586	(105,507)	356,937
Revaluation	Fund				18,215	93,467	(13,362)	98,320
Maintenance	Fund				68,673		(25,848)	42,825
Designated Fund-Property				and Investments	2,495,860		144,717	2,640,577
					2,984,606	154,053		3,138,659
TOTAL FUNDS					2,984,606	154,053		3,138,659

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		336,013	(275,427)		60,586
Revaluation	Fund			93,467	93,467
		336,013	(275,427)	93,467	154,053
TOTAL FUNDS		336,013	(275,427)	93,467	154,053

					Net	Transfers
					movement	between	At
				At 1.1.22	in funds	funds	31.12.22
Unrestricted	funds
General fund				336,483	119,463	(54,088)	401,858
Revaluation	Fund			248,035	(227,482)	(2,338)	18,215
Maintenance	Fund			69,844		(1,171)	68,673
Designated	Fund-Property	and	Investments	2,438,263		57,597	2,495,860
				3,092,625	(108,019)		2,984,606
TOTAL FUNDS				3,092,625	(108,019)		2,984,606

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General	fund		329,725	(210,262)		119,463
Revaluation		Fund			(227,482)	(227,482)
			329,725	(210,262)	(227,482)	(108,019)
TOTAL	FUNDS		329,725	(210,262)	(227,482)	(108,019)

				Net	Transfers
				movement	between	At
			At 1.1.22	in funds	funds	31.12.23
			f
Unrestricted	funds
General fund			336,483	180,049	(159,595)	356,937
Revaluation	Fund		248,035	(134,015)	(15,700)	98,320
Maintenance	Fund		69,844		(27,019)	42,825
Designated	Fund-Property	and Investments	2,438,263		202,314	2,640,577
			3,092,625	46,034		3,138,659
TOTAL FUNDS			3,092,625	46,034		3,138,659

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General	fund		665,738	(485,689)		180,049
Revaluation		Fund			(134,015)	(134,015)
			665,738	(485,689)	(134,015)	46,034
TOTAL	FUNDS		665,738	(485,689)	(134,015)	46,034

	for the Year Ended 31	December 2023
		31.12.23	31.12.22
INCOME AND ENDOWMENTS
Donations and legacies
Sponsorships and Donations		167,065	180,688
Fund raising		32,231	3,781
French Government Grants		25,907	40,622
		225,203	225,091
Investment income
Rents received		36,114	35,580
Investment Income		48,707	46,477
		84,821	82,057
Charitable activities
Medical Receipts and Patient fees		25,989	22,577
Total incoming resources		336,013	329,725
EXPENDITURE
Raising donations and legacies
Social Allowance		18,968	13,527
Loss on sale oftangible fixed assets		88
		19,056	13,527
Other trading activities
Outpatient and Medical Expenditure		8,235	6,924
Bad debts		20
		8,255	6,924
Investment management	costs
Investment Management	Fees	15,092	14,468
Charitable activities
Salaries		118,591	96,882
Pensions		719	175
Business rates and waste		10,399	9,927
Insurance		9,346	8,576
Light and heat		6,376	6,063
Telephone		5,403	3,994
Postage and stationery		1,260	1,128
Website and Advertising		361	446
Carried forward		152,455	127,19I

	for the Year Ended	31December 2023
		31.12.23	31.12.22
Charitable activities
Brought forward		152,455	127,191
Sundries		838	118
Hire ofequipment		1,015	1,171
Repairs		25,848	1,171
Cleaning		8,106	8, 166
Miscellaneous	expense	1,401	830
Training		8,751	6,014
Maintenance Service Contracts		5,048	4,545
Fundraising			180
Clinical expenses		1,641	1,255
Improvements	to property	12,178	11,842
Plant and machinery		3221	1,667
		220,502	164,150
Other
Bank charges		1,086	946
Support costs
Governance	costs
Examiners fees		4,800	4,500
Accountancy	fees	3,145	2,669
Legal fees		3,491	3,078
		11,436	10,247
Total resources	expended	275,427	210,262
Net income		60,586	119,463