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2025-12-31-accounts

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL FINANCIAL

STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Registered Charity number: 1130645 Company

number: 06956467 (England and Wales)

Legal Entity Identifier number: 894500ZS4W52NK57JL33

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

REPORT OFTHE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

CONTENTS PAGE
Company and charity information 1
Report of the Chairman 2
Report of the Trustees 3
Independent examiner’s report to the Trustees of
The League of Friends of Teddington Memorial Hospital 6
Statement of financial activities (including
income and expenditure account) 7
Balance sheet 8
Notes to the financial statements 9
Non-statutory pages:
-
Income and expenditure account (general reserve)		 15

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

COMPANY AND CHARITY INFORMATION

Company Number: 06956467 (England and Wales) Charity Number: 1130645 Legal Entity Identifier number: 894500ZS4W52NK57JL33 Directors who served during the year: Chairman: Rev. C S P Douglas Lane Treasurer: Mr J Warren Other Trustees: Ms C Delattre Mr E J B Marsh – resigned 17/01/2025 Ms L A Robertson – resigned 20/10/2025 Ms S Fudge –resigned 16/02/2026 Mr A Robert Ms A Murray – appointed 17/01/2025 Ms D Ozalp Sari – appointed 17/01/2025 Ms A Giardina – appointed 16/02/2026 Ms M Mason – appointed 16/02/2026 Secretary: Ms A Murray – appointed 17/01/2025 Registered Office: Teddington Memorial Hospital Hampton Road Teddington TW11 0JL Independent Examiner: LFM 23 Lenten Street Alton Hampshire GU34 1HG Bankers: Handelsbanken CAF Bank Limited Metro Bank PLC Burgoine Quay Kings Hill One Southampton Row 8 Lower Teddington Road West Malling London Kingston Upon Thames Kent WC1B 5HA KT1 4ER ME19 4JQ Investment Advisors: Handelsbanken Wealth and Asset Management Burgoine Quay 8 Lower Teddington Road Kingston Upon Thames KT1 4ER Investment Managers: Handelsbanken Wealth and Asset Management Burgoine Quay 8 Lower Teddington Road Kingston Upon Thames KT1 4ER

1

REPORT OF THE CHAIRMAN FOR THE YEAR ENDED 31DECEMBER 2025 THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

As you will see from the accounts the finances of the League have been transformed this year by a number of most generous bequests. This remains the most important source of funds for the League and has put us in a position to fund several exciting projects which should come our way as a result of the developments I discuss below.

As I reported last year, our three part time employees (Administrator, Shop Manager and Community Engagement) continue to do great work, such that our shop hours now have some evening sessions and we also hold regular volunteer tea parties at the Park Hotel to thank them for all they do for us week by week.

On the Board itself, we have had some changes too: Louise Robertson our longest serving Trustee covering HR had to retire through ill health, and we thank her for her years of service. Sam Fudge also stepped down in early 2026 as projects trustee. Again, we thank her for her service. The League attends the annual Volunteers’ Fair in Richmond every October and we had many people showing interest in finding out what the League is and does. As a result of that evening, we co-opted two new Trustees. Annette Giardina has joined us as our Digital/GDPR Trustee and Michelle Mason as our HR Trustee.

With our financial situation secure, it is essential that the League adheres to more stringent governance requirements, as laid out by the Charity Commission. As a result of that we initiated a pause in the requests for project funding from various organisations, to improve our authorisation processes, and by the time you read this, we will hopefully be open for business again.

This ties in with the finalisation of the NHS 10-year plan which should increase the demand for our funding from the hospital and health related activities in the borough. The plan is expected to adopt a policy of preventative medical care in the community to cut down on unnecessary presentations at UTC’s and A&E departments, thereby reserving hospital admissions for those who need them. A threefold project portfolio should therefore present itself to us: TMH based NHS projects, combined NHS/ Community Projects and finally Community Projects that are centred on preventative activities. The League is developing the appropriate processes to more formally assess the information provided by those seeking funding from us, to make the application and decision process more efficient and reliable.

We hold monthly meetings with the NHS management (our wonderful contact Anne Stratton retired) and so we are feeling our way with new contacts as the new structure of the Kingston and Richmond Community NHS Foundation Trust (KRCN) beds in. The relationship continues to be excellent.

The Pain Clinic transfer to Teddington occurred and is now called the Woodland Suite: it was duly opened by our MP Munira Wilson in the autumn and the League funded furniture, fixtures and fittings and garden restoration, to improve the patient experience, of around £150,000. We have agreed funding of further requests since, an innovative one being a Nerve Freezing machine which will be one of only six in the United Kingdom. We have also funded furniture for the Paediatric Unit in the UTC, agreed funding for a beverage machine in the UTC and THSCC, and in the light of the new parking proposals of cycle storage on what is a restricted site.

I mentioned last year the proposal to reconfigure the entrance hall at TMH to provide a café ambience with hot food and beverage units and at the time on writing this, we await the proposals and project cost.

On fund raising events another bridge event was held in November and a successful Silent Disco. Plans are in hand to repeat these events, and we also have other new ideas for fund raising up our sleeves. In addition to improving our governance, we are in the throes of developing a membership strategy.

Our Life President Pam Bryant continues to take an active interest in what the League is up to and I visit her in Deer Park Nursing Home and she attends our volunteer teas whenever possible. What an inspiration!

Preserving her legacy is what must inform our activities now and into the future, with the arrival of the NHS 10-year plan, the common strategies between us and the NHS and the threefold streams of funding requests. At the root of all this are our volunteers, partnerships and you, our members, and our need to fund raise in ever more exciting ways. We have a hospital that is much loved, the League is much loved as well, and now we have the TMH model for community medical provision, which is the way forward. There is much in which we can all work together to mutual benefit and we have the resources to do it.

This will be my last signature to appear on the League’s accounts as I am retiring at the AGM on 16th June and it’s time for others to take on the continuing review of our governance and procedures for the future: I shall remain a member of the League and a volunteer and I wish the Trustees, our three lovely employees and you the members, the very best for the future.

2

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

The trustees, who also act as Directors for the purposes of company law, are pleased to present their report with the financial statements of the company for the year ended 31 December 2025.

Structure, governance and management

Governing document

The Charity is a company limited by guarantee (No. 06956467), governed by its Memorandum and Articles of Association (updated by special resolution 24 July 2014), and was incorporated on 8 July 2009.

Governance and management

This is managed by the diligence of its Trustees who meet monthly for the discussion of its business, relevant matters and financial reports. Trustees are elected and re-elected at the Annual General Meeting. It works totally in accordance with the requirements outlined in the governing document and in accordance with the requirements of the Charities Commission.

A list of the Trustees/Directors who served during the year is given above.

Risk management

The Trustees meet monthly and have continued to do so throughout the year. All committed funding is reviewed at these meetings when the Trustees satisfy themselves that adequate funds are held for all commitments. Some funds are held with the intention of keeping them on a longer-term basis and other monies continue to be held in funds showing a smaller return for more rapid access.

Objectives and activities

The objectives of the charity are to support the charitable work of the hospital and raise funds to support and improve facilities at the hospital and to relieve patients and former patients of the hospital or people in the London Borough of Richmond upon Thames who are sick, convalescent, disabled, handicapped, infirm or in need of medical attention or financial assistance.

The League runs a shop which is situated in the Teddington Memorial Hospital. Small fund-raising events are also held. Great emphasis is expended in promoting the League’s work to maximise donations and legacies and on building good relations with the local community. Every opportunity is taken to promote gift-aided donations and other means of giving.

The League meets the definition of public benefit through its work which is totally for the benefit of patients in both Teddington Memorial Hospital and the local area.

Achievements and performance

Identifiable benefits for patients and staff

The following is a summary of the activities which were undertaken:

The Trustees would like to extend their thanks to the employees of the charity for their hard work during the year. Thank you to Philippa McEvoy, Kathy Stevenson and Christine Southern.

3

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

Main fundraising

There were only limited fund-raising activities during the year, the main ones being a Charity Bridge Event at Richmond Bridge Club and a Silent Disco at the Landmark Arts Centre.

Bequests and Donations

Community awareness of the League’s work and support for a very valued community hospital has ensured a very welcome continuance of bequests and donations from many members of the community who know of or have used both inpatient or outpatient facilities and services. Bequests are the main source of funding for the League.

During the year we received £1,846,976 from very generous bequests which have completely transformed the financial position of the League. Substantial amounts were received from the estates of Eileen Stebbings, John Janzen and Ian McNaught. The League would like to pass on its posthumous thanks to these individuals for their generosity.

Membership

We maintained a steady membership which is a great strength for the League. We urge members to get in touch with us if they would like further information about the League’s work or wish to be more actively involved. Our Membership Secretary Ed Marsh decided to step down as a Trustee in 2025 due to pressure of other commitments. He was succeeded as Membership Secretary by Dizem Ozalp

Publicity and visibility

In order to maintain community support, our Trustees maintained a social media presence, kept our website up to date and relevant and promoted our shop online. Our logo is now very well known and attracts people to enquire further about the hospital and our work.

League of Friends shop

This is a very valued facility. It is situated near the entrance to the hospital. Its attractive and useful stock catches the eye of many people. It is manned by League Volunteers with one staff manager, who keeps it stocked with a wide range of popular items. As noted above, sales were at a record level. Great credit and thanks to our Shop Manager Philippa McEvoy and the volunteers who keep the shop open and provide a welcome to patients and visitors alike.

Thanks and appreciation

We thank all organisations and individuals who have raised funds and donated to our work. We greatly appreciate their thoughtful efforts. Again, we record our thanks to the nursing and general staff of the hospital, together with the General Practitioners in the local area who work for the benefit of patients.

We have appreciated the contacts and support from the CEO and Staff of KRCN, this partnership working is a great benefit to the hospital and the patients it serves.

Plans and objectives for the future

We look forward to undertaking new projects for the benefit of patients the local community and to continued working with KRCN and local GPs. We will communicate and update as 2026 progresses, and we encourage members to view our website to keep in touch.

Financial review

The statement of financial activities for the year ended 31 December 2025 shows net income of £1,705,575 (2024: £42,062). As at 31 December 2025, the net assets were £2,615,907 (2024: £910,332).

The Trustees consider the financial position of the League as at 31 December 2025 to be satisfactory.

Reserves policy

The Trustees have decision-making authority on how they manage Reserves and Investments. They have considered the scale, complexity and risk profile of the charity and taken account of the funding base, which mainly consists of donations, bequests and self-generated income. The Trustees aim to balance the needs of current and future beneficiaries. On an ongoing basis, the Trustees plan to generate

4

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31DECEMBER 2025

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

sufficient income such that they are able to fund activities for current beneficiaries.

Unrestricted reserves are available for use by the Trustees in furtherance of the general objectives of the charity and enable it to meet its cash flow needs. The Trustees monitor these fund levels to ensure they are sufficient to fund the charity’s core expenditure.

Restricted reserves are for expenditure on the purposes stipulated by those who provide specific funding.

Endowment reserves are held to generate funds for the charity to use in furtherance of its general objectives.

All funds were applied in accordance with the objectives of the League.

Trustees' responsibilities statement

The Trustees who are also act as Directors of The League of Friends of Teddington Memorial Hospital for the purposes of company law are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Trustees’ Indemnities

Trustees’ insurance cover has been established for all Trustees to provide appropriate cover for their reasonable actions on behalf of the Charity. The indemnities, which constitute a qualifying third-party indemnity provision as defined by section 234 of the Companies Act 2006, were in force during the 2025 financial year and remain in force for all current and past Trustees of the Charity.

Statement as to disclosure to Independent Examiner

In so far as the Trustees are aware:

This report was approved by order of the Board on 12/02/2025 and signed on its behalf by:

5

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

Opinion

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Matthew Ellis FCCA LFM The Stables 23 Lenten Street Alton Hampshire GU34 1HG

6

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025

Note
Income and endowments from:
Donations and legacies
4
Other trading activities
5
Investments
6
Total income
Expenditure on:
Raising funds
7
Charitable activities
8
Total expenditure
Net income / expenditure
Unrealised gains on investments
Unrealised loss on revaluation of property
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carriedforward		 Unrestricted
Funds
£
1,861,456
65,404
26,901
1,953,761
86,500
212,595
299,095
1,654,666
69,909
-
1,724,575
820,324
2,544,899		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
2,008
2,008		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
(19,000)
(19,000)
88,000
69,000		 Year to
2025
£
1,861,456
65,404
26,901
1,953,761
86,500
212,595
299,095
1,654,666
69,909
(19,000)
1,705,575
910,332
2,615,907		 Year to
2024
£
122,649
58,614
15,465
196,728
80,897
74,697
155,594
41,134
928
-
42,062
868,270
910,332


All of the results derive from continuing activities.

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 9 to 14 form part of these financial statements.

7

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

BALANCE SHEET AS AT 31 DECEMBER 2025

Note
Fixed assets:
Investment property
10
Investments
11
Cash investments
12
Current assets:
Stocks
Debtors
13
Cash at bank and in hand
Creditors:
Amounts falling due within one year
14
Net current assets
Total assets less current liabilities
Net assets
17
Funds:
Unrestricted funds
15
Restricted funds
16
Endowment funds
17
Total funds carried forward		 £
2,976
12,556
110,804
126,336
(21,700)		 2025
£
69,000
807,214
1,635,057
2,511,271
104,636
2,615,907
2,615,907
2,544,899
2,008
69,000
2,615,907		 £
2,471
4,202
117,561

Trustee statements required by the Companies Act 2006

In approving these financial statements, the trustees, who are directors for the purposes of company law, hereby confirm:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the board on and signed on its behalf by:

8

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. Accounting policies

The principal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year.

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting standard FRS 102, the Companies Act 2006 and the requirements of the applicable Statement of Recommended Practice, Accounting and Reporting by Charities. The charitable company has taken advantage of the exemption from the disclosure requirements for presentation of a statement of Cash Flows. The charity meets the definition of a public benefit entity under FRS 102.

Going concern

The financial statements have been prepared on a going concern basis. The trustees have considered the relevant information including the annual budget and have considered the charity’s available resources and ability to continue to operate for the foreseeable future. The trustees have confirmed that they will provide sufficient resources for the charity to continue in operation for the foreseeable future. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and financial statements.

Income and endowments

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. The following specific policies are applied to particular categories of expenditure:

Stocks

Stock is stated at the lower of cost and estimated net realisable value (selling price less costs to sell). Cost is determined using the first-in first-out (FIFO) method.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the statement of financial activities. Surplus/deficit on income from investment property and revaluations is accumulated in the endowment funds.

Fair values are determined using various assumptions surrounding the potential demand from prospective purchasers and tenants for the revalued property, the amount a prospective purchaser is willing to pay and the future condition of the property.

The trustees obtain an external valuation report every 3 years from a professional provider or when the market condition of the property has materially changed to warrant an external valuation report to assist in their determination of the fair value of the property.

Investments

Investments are valued at their fair value measurement using the market price at the balance sheet date.

Financial Instruments

Financial assets and liabilities are recognised in the balance sheet when the charity becomes a party to the contractual provisions of the instrument. Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Fund structure

The funds held by the charity comprise:

9

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Government grants

Grant income is recognised under the accrual model of Financial Reporting Standard 102.

Grant income is recognised in the profit and loss account on a systematic basis over the period in which the company recognises the related costs for which the grant is intended to compensate.

Key sources of estimation, uncertainty and judgement

The preparation of the financial statements in conformity with the requirements of the applicable Statement of Recommended Practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of income and expenditure during the reporting period.

2.

Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding- up is limited to a maximum £10.

3.

Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

4. Income and endowments from donations and legacies

Unrestricted
Restricted
Endowment
Year to
Funds
Funds
Funds
2025
£
£
£
£
Member’s subscriptions and donations 5,331
-
-
5,331
Other donations and legacies
1,856,126
-
-
1,856,126
1,861,456
-
-
1,861,456
5.
Income and endowments from other trading activities
Unrestricted
Restricted
Endowment
Year to
Funds
Funds
Funds
2025
£
£
£
£
Shop sales
60,264
-
-
60,264
Fund raising events
5,140
-
-
5,140
65,404
-
-
65,404
Income and endowments from other trading activities in 2025 was entirely attributable to unrestricted funds.
6.
Income from investments
Unrestricted
Restricted
Endowment
Year to
Funds
Funds
Funds
2025
£
£
£
£
Dividends
10,740
-
-
10,740
Interest received
16,161
-
-
16,161
26,901
-
-
26,901		 Year to
2024
£
4,536
118,113
122,649
Year to
2024
£
56,508
2,106
58,614
Year to
2024
£
14,291
1,174
15,465		 Year to
2024
£
4,536
118,113
122,649
Year to
2024
£
56,508
2,106
58,614
Year to
2024
£
14,291
1,174
15,465
15,465

Income and endowments from investments in 2025 was entirely attributable to unrestricted funds.

10

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

7. Expenditure on raising funds

Shop purchases and expenses
Staff costs (note 9)
Publicity costs
Investmentmanager fees		 Unrestricted
Funds
£
31,973
41,181
2,649
10,697
86,500		 Restricted
Funds
£
-
-
-
-
-		 Endowment
Funds
£
-
-
-
-
-		 Year to
2025
£
31,973
41,181
2,649
10,697
86,500		 Year to
2024
£
31,665
35,275
3,718
10,249
80,897

8.

Expenditure on charitable activities

Staff costs (note 9)
Project costs – repair of roof
Hastings Court Service Charge
Support to hospital
Richmond Mencap project
Printing and stationery
Postage and telephone
Insurances
Miscellaneous cost
Meeting expenses
Computer & IT costs
Bank and card charges
Professional fees
Audit and accountancy fees		 Unrestricted
Funds
£
9,729
-
2,933
177,563
7,714
870
1,421
695
1,274
904
2,175
1,539
1,080
4,698
212,595		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Year to
2025
£
9,729
-
2,933
177,563
7,714
870
1,421
695
1,274
904
2,175
1,539
1,080
4,698
212,595		 Year to
2024
£
8,765
12,619
-
38,753
-
1,131
1,343
1,638
633
482
1,368
933
2,467
4,566
74,697

9. Staff costs, trustee remuneration and expenses and key management personnel

Salaries and wages Year to
2025
£
50,910
50,910		 Year to
2024
£
44,040
44,040

No employees received employee benefits in excess of £60,000 (2024: nil).

No Trustees or persons connected with them received any emoluments in their role as Trustees from the charity (2024: nil) and no Trustees have received payment for professional or other services provided to the charity during the year (2024: nil). There were no reimbursements of individual expenses to any Trustee during the year (2024: nil).

The average number of persons employed by the charity (including directors) during the year was 3 (2024: 3).

11

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

10. Investment property

Fair value Year to
2025
£
69,000		 Year to
2024
£
88,000

The charity holds 27.26% of the leasehold interest in a property with the remaining interest of 72.74% owned by a separate trust of which the charity is the sole eventual beneficiary. The property is currently occupied by a life tenant. The trustees assess the fair value of this investment property based on current market conditions.

11. Fixed asset investments

Market value at 1 January
Income received
Management fees paid from funds
Net gains/losses on revaluation tomarket value
Market value at 31 December
Comprised:
Equities, bonds and gilts
12.
Long term cash investments held
Cash at bank
13.
Debtors: Amounts falling due within one year
Other debtors
Prepayments and accrued income
14.
Creditors: Amounts falling due within one year
Accruals		 Year to
2025
£
737,262
10,740
(10,697)
69,909
807,214
Year to
2025
£
807,214
807,214
Year to
2025
£
1,635,057
1,635,057
Year to
2025
£
425
12,131
12,556
Year to
2025
£
21,700
21,700

Year to
2024
£
732,292
14,291
(10,249)
928
737,262
Year to
2024
£
737,262
737,262
Year to
2024
£
-
-
Year to
2024
£
425
3,777
4,202
Year to
2024
£
39,163
39,163

12

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

15.
Unrestricted funds
Year ended 31 December 2025
General funds
Year ended 31 December 2024
General funds
16.
Restricted funds
Year ended 31 December 2025
Chapel support fund
Year ended 31 December 2024
Chapel support fund
17.
Endowment funds
Year ended 31 December 2025
Stenner Will Fund
Year ended 31 December 2024
Stenner Will Fund
Name of Fund
Stenner Will Fund		 Balance at
01/01/2025
Income
£
£
820,324
1,953,761
820,324
1,953,761
Balance at
01/01/2024
Income
£
£
778,262
196,728
778,262
196,728
Balance at
01/01/2025
Income
£
£
2,008
-
2,008
-
Balance at
01/01/2024
Income
£
£
2,008
-
2,008
-
Balance at
01/01/2025
Income
£
£
88,000
-
88,000
-
Balance at
01/01/2024
Income
£
£
88,000
-
88,000
-
Description, nature and purposes of

13

THE LEAGUE OF FRIENDS OF TEDDINGTON MEMORIAL HOSPITAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

18. Analysis of net assets between funds

nalysis of net assets between funds
Yearended31December 2025
Fixed assets
Current assets
Current liabilities
Yearended31December 2024
Fixed assets
Current assets
Current liabilities		 Unrestricted
Funds
£
2,442,271
124,328
(21,700)
2,544,899
Unrestricted
Funds
£
737,262
122,225
(39,163)
820,324		 Restricted
Funds
£
-
2,008
-
2,008
Restricted
Funds
£
-
2,008
-
2,008		 Endowment
Funds
£
69,000
-
-
69,000
Endowment
Funds
£
88,000
-
-
88,000		 Total
£
2,511,271
126,336
(21,700)
2,615,907
Total
£
825,262
124,233
(39,163)
910,332

19. Related party transactions

There are no related party transactions to disclose for 2025 (2024: none) – see note 9.

14

THE LEAGUE OF FRIENDS OFTEDDINGTON MEMORIAL HOSPITAL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEARENDED 31 DECEMBER 2025

Shop
Shop sales
Shop expenditure:
-
Shop purchases and expenses (stock adjusted)
-
Staff costs
Shop surplus/(deficit)
Income
Member’s subscriptions and donations
Other donations and legacies
Fund raising events
Dividends
Bank interest
Computer and IT Costs
Staff costs
Support to hospital
Roof repairs
Service charge
Richmond Mencap project
Printing and stationery
Postage and telephone
Insurances
Meeting Expenses
Miscellaneous costs
Professionalfees
Audit and accountancyfees
Bank and card charges
Publicity costs
Investment managerfees
Surplus from activities for the year
Unrealised gains on investment assets
Total surplus for the year		 £
31,973
19,761
5,331
1,856,126
5,140
10,740
16,161
2,175
31,149
177,563
-
2,933
7,714
870
1,421
695
904
1,274
1,080
4,698
1,539
2,649
10,697		 2025
£
60,264
(51,734)
8,530

1,893,498

(247,362)		 £
31,665
18,718
4,536
118,113
2,106
14,291
1,174
1,368
25,322
38,753
12,619
-
-
1,131
1,343
1,638
482
633
2,467
4,566
933
3,718
10,249
2024
£
56,508
(50,373)
6,135
140,221
(105,222)
1,654,666
69,909
1,724,575		 41,134
928
42,062

15