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|---|---|---|---|---|---|
|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|
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||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|
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||||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|
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|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||
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##
|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|
##
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|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|
##
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|||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|
##
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||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|