REGISTERED COMPANY NUMBER: 07208770 (England and Wales)
REGISTERED CHARITY NUfvIBER: 1136143
Report of the Trnstses and
Unaudited Flnanclal Statements
for the Year Ended 31 December 21)23
ror
Tenbury Communlty IIospltal
League of Friends
Dyke Ruscoe & Hayes Ltd
Chartered Certified Accountanls
110 Corve Street
Ludlow
SHROPSHERE
SY8 IDJ

'renbury Community H.ospital
LeAgue of Frlends
Contents of the Flnancial Statements
ror the Year Ended 31 December 2023
Page
Report of the Trnstees
I to 2
Independent LxAmlner's Report
Statement of FlnanclAI Aetivitles
Bal4nee Sheet
Notes to the Finan¢Aal St4t¢ments
7 to 15

Tenbury Commiinity Hospital
League of Fi'ieuds
Report ofdie T1￿$teeS
for the YeAr Lnded 31 December 2023
The trust¢¢s who ￿e also directors of thg Ch￿lty for the purposes of the Cornpanies Act 2006, present their report with
the finall¢ial slatemeiits of the charity for th¢ year ended 31 Decernb¢r 2023. 'The ttwstees have adopted the provisions of
Accoiinting and Rep)rting by Charities,. Ststernent of Recomtnended Prathice applicable to charities preparing their
accounts in ￿CordanCe witb the Financial Reporting st￿dard appli¢abl¢ in th¢ UK at]d Republic of ITelalld (FRS 102)
(effective l January 2019).
ORJfi CTIVES AM) ACTIVITIES
Objectives and aim8
The objectives of the League ate to assj8t the welfare and w¢llbeing of patienl's and fonner patienls. This is achieved in
thTee ways:.
(i)
by providing the hospital with new equiptnent as necessary, thus ensuring that the patients treated
using tbe latest and most sophisti￿ted methods possible.
(2)
by providing buildillgs, facilities and open spac¢ as well as services to patients to help make their stay
in hospital as comfortable as possible.
(3)
tbrough the making of grants to relevant associated orgallisations ag deemed appropriate by the trustees.
The main activities of th¢ L¢&gue have been fundrnising and supporting the work. of the hospital. Tbe League ha8
Continued to supplement hospital services, assist hospital staff, support siGlc patients and recMit volunteers.
Public benefit
Th¢ trnstees have had rcgard to the Clwity Commisgion's guidaL)ce on public benefit and believe that the L¢agu¢'s
continued support of the hospÉtal is of huge publtc benefit to the penple of Tenbury and the surmundin8 Area.
Volunteers
'rhe League is pleased to recognise the contribution made by 115 volunteers, the value of which is nol. quantified within
e fmancial statements.
ACHIEVEMII NT AND PFRFORWCEI
During tbe year the League rontinued the siiccessful fundrnising. It 2180 corLtinued to purchase new ¢quipmenl for the
hospital.
FINANCUAL REVIEW
Finkncial position
During the year the League had an deficil of income over expenditsre of £25,471 (2022: surplus £125,990), resulting in
serves Qanied forwoTd of £2,354.755 (2022., £2,380,226). Whilst reserves remain fr¥e and unrestrioted, the trust¢e5 are
aGGurnulating tbose reserves whilst they are in negotiation with the Health Authorities to possibly provide an X-ray
machine.
Principal tsnding sources
The Leagiie's principal sources of income are from donatiolls and l¢gaLies,
Rese￿e8 Policy
The League holds reserves pending req￿sts from the Hospital Trust for equipm¢nt and anciL18ry ttems whith by nature
are of high value, The League has a resetve8 policy of £30,000.
STRUCTiTRE, GOVERNANCL AND MANAGEMENr
Gove.rning document
The 01￿7ty is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, gs dethed by the Companies Act 20a6.
New trllSte￿ are appointed by the members.
Page I

Tenbury Community Ho$pitsl
League of Friends
Report of the Trustee8
for the Year Ended 31 December 2023
REFERENCE AIYD ADllItNisfRATIVE DETAI￿8
Registered Company numbei.
07208770 (England and Wales)
Registered Charity number
l136143
Registered offic¢
aydene
Rochford
Tenbury Wells
Worcestershire
WR15 8SP
Truste
Mrs M A Latllnan BEM
AJDal¢
Mrs R A MAdams
DrR F Tinkler (resigned 16.5.23)
P M Gibb8
G C Bennel (resigned 9.5.24)
P J Bull (appoint¢d16.5.23)
Mrs B K Padwick (resigned 9.5.24)
Mrs S M Whitefoot
J L Beautnont {appointed 16.5.13)
P J Denbeigh {uppoint￿ 25.10.23)
MtB E B Parton (wpoint¢d 25.10.23)
Dr J M McHugo (appointed 25.10.23)
Mrs T E Young (appoillted 25.10.23)
CompAny SecretAry
PJBull
llldependent Examiner
B E Pritn¢
Dyke Rus¢oe & Hay¢,8 Ltd
Cbartered Certified Accountants
110 Corve Street
Ludlow
SHROPSHtRE
SY8 IDJ
COL¥IMEI NCLMENT OF ACTtvI'rtE,S
The charitable company was incoryxirat¢d on the 30 2010 and r¢gistergd as a Gharity on the 2 JurLe 2010, The
charitable company remained dorniant until l August 2010 when th¢ acliviti¢s assets of the unincorporated entity
The League of Friends of Tenbury and District Community Hospital (charity number 516240) were transf¢rred.
This report has been prepawd in accoi'd&nog with the special provisiolls of Part 15 of the Companies Act 2006 relating
to small companies.
Approved by order Df the board of trustees on 30 Augusl 2024 and signed on its b¢half by:
P J Bull . Trustse
Page 2

Indep¢ndeiit Examiner's Report to the Truste¢s of
Tenbury Community HospAtal
League of Friends
Independent exAmlner's report to the trustees of Tenbury Community Hospital League of Friends ('tho
Company,)
I report to the Gharity truthes on my exan]ination of th¢ accounts of the Company forthe Ye￿ ended 31 December 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of Lomp¥ny law) you are respon5ibl¢ for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (%h¢ 2006 A¢t').
Having satisfied myself that the ￿￿u￿t5 of the Company are not required to be audited under Part 16 of the 2006 Act
at]d are eligible for indepgnd¢nt examination, I rgport in ￿speCt. of my examination of your charity's accounts &q canied
out under Section 145 of the Charities Act 2011 Cthe 2011 Act,). In carytng 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 Matte￿ have come to my attention itL connection with the
exmination giving me cause to believe,.
accounting records were not kept in respect of tbe Company as required by Section 386 of the 2006 ACL or
the accounts do not accord with those records. or
the accounts do not comply with the accounting reouiremenls of Section 396 of the 2006 A¢t other than any
requ1￿ment that the accounts giv¢ a true and fair view which is not a tnatter Gollsidered ￿ part of 8m independent
xamination- or
th¢ aG¢ounts have iiot been prepared iti aGGothce with the methods and principles of the Stslement of
Recommended Practice for accounting and reporting by Gharities (applicable to ciwiti&s pttparing thekr ￿cOuntS
in aCcOrd￿ce with the Financial Reporting Standard applicable in the UIC andRepublic of Ireland (FRS 102)).
I h&v¢ no ￿n￿emS and have come aGr035 no othgr [natrE￿ in Gonnectioll with the examination to which attention should
be drawn in this report in order to enable a proper underslxnding of the a¢wunts to be reaGhed.
L*l_. .-W
B E Prime
Dyke Rltscoe & Haycs Ltd
ChartetEd Certified Accountsnts
110 co￿¢ Streei
Ludlow
SHROPSHtRE
SY8 IDJ
30 August 2024
Page 3

Tenbury Community Hospital
I￿￿gue of Friends
statement of Fillaneial Activities
UncorporAtiiig an Income and Kxpenditure Aecount)
for the Year Ended 31 December 2023
2023
Total
furtds
2022
Tota]
funds
Unrestt'i¢t¢d
fund
R¢stiicted
fund
Notes
INCOME AND ENDOWMENrs rROM
Donations and legacies
5,387
5,387
239.782
Investment income
Other income
27,4l4
16
27,414
16
19,969
Total
32,817
32,817
259,751
EXPENDITURE ON
Raising ￿lld$
4,388
4,388
4,032
Charitable actlvities
Hospital funding
56,900
56,9Crf)
50,931
Other
4,133
Total
61.288
61,288
59,096
Net gainsl(Iosse5) oll investmerkts
3,000
3,000
(74.665)
NET INCOMEI(EXPENDITURE)
{25,471)
(25,471)
125,990
RECONCILIATION OF FUNDS
Total fund5 brought forward
2,380,226
2.380,226
2,254,236
TOTAL FUNDS CARRIFJ) FORWARD
2,354,755
2,354,755
2,380,226
The notes forni part of these financid statsm.ents
Page 4

Tenbury Community Hospltal
LeHgue of Friends
Balance Sheet
31 December 2023
2023
Total
fimds
2022
Total
nds
Unrestricted
fund
Restricted
fund
Notes
FIXKD ASSETS
Tangible assets
Investu]ents
io
li
811,112
501,766
811,112
501,766
827,972
488,208
1,312,878
1,312,878
1,316,180
CURRENT ASSETS
Debtors.. amounts f&lling due within on¢ year
Debtors,. amowits falling due &ft¢r morc than one
year
Prepayments and accnjed in¢ome
Cash at bank
12
13,748
13,748
12,500
L2
325,000
1,946
702,682
325,000
1,946
702,682
337,500
1,440
715,604
13
1,043,376
1,043,376
1,067,044
CREDITORS
Amounts fallillg due within one year
l4
(1,499)
(1,499)
{2,998)
NET CURRENf ASSETS
1,041,877
1,041.877
1.064,046
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,354,755
2,354,755
2,380,226
NET ASSETS
2,354,755
2,354,755
2,380226
15
l.TntEstricted funds
2,354,755
2.380.226
TOTAL FUNDS
2J54,755
1380,226
The charitable company is entitled to exemption fron] audit under S¢Gtion 477 of th¢ Companies Act 2006 for the year
ended 31 D￿eMber 2023.
The m¢mbers have not required the cornpany to obtsin an audit of its financial statements for the yeor ended
31 DeLember 2023 in accorthce with Section 476 of th¢ Compani¢s Act 2006.
The Irustees acknowledge their responsibilities for
(a)
ensuring that the charitable ¢ompany keeps accounting records that comply witb SeGtions 386 and 387 of the
Companics Act 2006 alld
preparing fllwicial staterngnts which give a true and fatr view of the state of affai￿ ot the charitable cott]pany as
at the end of e&¢h fmancial year and of its SUTplus or deficit for each financial year in a¢cord&nce with the
uirements of Sections 394 and 195 and which oth¢Niise comply with the requitEments of the Companies Act
2006 relating to financial sthtements, so &r as appliG&bl¢ to th¢ charilable ¢OLnpany.
(b)
The notes forrn part of these financial statements
Page 5
continued...

Tenbury Community Hosplt81
Lefigue uf FrAend$
BalAnce Sheet- eontlnlled
31 December 2023
These f￿all¢la1 sÉal¢ments have been p￿pared in a¢¢ordance with the provisions Trpplicable to charitable companies
subjetit to tbe sma]l companies regime.
The financial statements were appioved by the Board of Trustee5 and authori5ed for issue on 30 August 2024 and were
signed on its behalf by:
S M Whitefoot- Trustee
The notes forni part of these financial statements
Page 6

Tenbury CommuDity HospitAI
League of Friends
Notes to the Financial Statements
for the YeAI' Ended 31 December 2023
AC:CQUNTING POLICIEI S.
B&8is of prepftring the finnnclAI ytatements
The fthaucial statements of the Charitable compally, which is a publiG benefit entity under FRS 102, have been
prepared in accordance with tbe Charities SORP (FRS 102} 'AccoLllLting arnd Reporting by Charities.. Stalement
of ReGommended Practice applicable to charities preparing their ￿coUllts in a¢wrdanc¢ witb tbe Fin8ncial
Reporting Stand￿d applicable in the UK and Republic of Ireland ￿Rs 102) (effective l JallU￿ 2019),.
Financial Reporting Standard 102 'The Financial Reporting Stand&rd applicable in the UK gnd Republic of
Ireland, and the Companies Act 2006. Th¢ financial statements have been prepared under the historical ¢osl
convention, with the exception of illv¢stm¢nts wkni¢h are included at marlcet value.
Income
All inwme ts recognised in the Statement of Fin8n¢ial Activities once the Lharity has elltitlejnellt to tb# fi￿ds, Lt
is pmbable ibat the in¢ome will be re(eived and the amount can be measured Teliably.
Income Erotn trading activities Is 8tst¢d aft¢r &Thy dis¢ounts. Income is not subject to VAT or glly other Sales
taxes.
Expenditure
Liabilities aw recognised as expenditure as soon as there is a legal c)r constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economiG benefits will be required in settlement and
the amount of the obtigation can be Me￿ured reliably. Bxpenditurc is accounted for on an acorn￿S basis and has
been classified under headings that awegate all cost relat'ed to th¢ category. Where costs cannot be dir¢¢ily
attril)uted to particular headings they have been allocated Éo a¢tivtties on a basis COllSiStent' with the use of
resources.
Grants off¢red subje¢t to conditions which have not been ￿et at the year end dat¢ ar¢ noted as a cornmitment but
not accrued as expenditure.
Governance tO8ts
Governance costs comprise all costs involving the public accountabilily of the charity and its compliance with
regulations and gwd prafjti¢e.
Tangible rued ussets
Dep￿ciatIon is provided at the following annual ratss in order to write off ea¢h asset over its estimated useful
life.
Freehold pmpety - 2 % on cost
Improv¢m¢nts to property - Gost over 11 years
Plant and machinery - 250/0 on Gost
T&x8tion
'rhe charity is exernpt from corporation tax on its charitable activiti¢s.
Fund accountlng
All fund8 are unrestri¢t¢d and can be used in a￿ordanCe with the charttable objectives at the discretion of the
trustees.
Fixed asset investments
Investments ar¢ a forni of basic fthancial instrument. Fixed asset investments are initially recognised at their
transactton value and are subsequently measured at their fair value (market value) as at the b￿ance sheet date.
The StAtement of Financial Activiti￿ includes the net gains and I0￿e8 arising on revaluation alld disposals
tI￿OUghoUt the year. Quoted stocks and shares are included in the Balonce Sheet at the ¢urrent marlcet value
quoted by the irwesttn¢nt analyst, cxcluding dividend.
Th¢ main fomi of financial risk far¢d by the ¢hurity is that of volatility in equity rriarkets and investtnent markets
due to wider eG'ollomic conditions. the attitude of investors to investsnent risk, and changes in sentitnellt
con¥¢n)ing ¢quitie8 and within particular sectors or sub sectors.
Page 7
continued...

Tenbury Community Hospi*41
League of Frlonds
Note5 to the Financial state￿ents - continued
for the Year Ended 31 December 2023
ACCOiJNTING POIJCIES - eontlnued
Flxed asset investments
Investment5 are ￿allaged on & totsl Lftum basis in line with the powers given unde.r The Trusts (Capitsl &nd
InGone) Act 20L3,
Realised gaiiis and losses
All gains and108ses are tsken to the Statement of Financial Activities as they arise. Realised gains and losses on
inveslments are Lalculated as the difference between sales proceeds and opening oanying value (pU￿haSe date if
l&er). Un￿aliSed g¥4in8 and losses are caloulated as the differellce between the matht value at the year end
opening carrying value (or purcb85e date if later).
Debtors
Debtr)rs are atnounts owed to the charity. They &re measured on the b&8is of their recoverable amount.
Cash at bank and in hand
Cash at banlc aod in band is held to meet the day to day running ¢osts of the clwity &8 Ihey fg*ll due, Cash
equivalents are short l¢rm, highly liquid investments, usually in instaftt aGcess int#rest bearing savings &Gcounts.
Creditors
Creditors amounts owea by the charity. They are rn2￿￿1￿d at the amount tIMt the charity expects to have to
pay to settle the debt.
DONATIONS AND LEI GACIES
2023
2022
Donations
Legacies
Subsciiplions
4,688
8,303
230,495
984
699
5,387
239,782
INvEsT￿NT INCOME
2023
2022
InvesLTnent income
Deposit aceount interest
20.804
6,61Q
17,197
2.772
27,414
19,969
Page 8
continued...

Tenbllry Commllnity Hospital
League of fi Tiends
Notes to the Financial Sthtement5 - continued
for the Year Ended 31 December 2023
RAISING FUNDS
Inveytment mRnRgement costs
2023
2022
Investm¢llt inanag¢ment costs
4,388
4,032
GIL￿Ts PAYABLE
2023
2022
Hospit￿ funding
17,500
12,500
Grants made payejjle to instiWtions in 2023 totalled £17,500. (2022 £12,500).
SUPPORT COSTS
Govenwice
costs
Management
Totals
Hospital funding
4,444
978
5,422
Support costs, included in thc above, are as follows:
Management
2023
Hospital
fullding
2022
Tota]
a¢tiviti¢5
Insurallce
Aceountancy
Website costs
3,5É14
600
300
3,233
600
300
4,444
4,133
Covernance costs
2023
Hospital
funding
2022
Total
activities
Postage and stationery
Examination fee
77
112
900
978
1,012
Page 9
continiied...

Tenbury Community Hospital
League. of Fri¢nds
Notss to tho FinAnciAI Statemertts - contlnued
for the YeAr Ended 31 December 2023
NET INCOME/(EXPENDITURE)
Net inoom&(¢xpenditur¢) is stated after ¢harg1￿(Crediting).'
2023
2022
DepRciation - owned &ssets
33,479
36,629
TRUSTEES, REMUNEIL4TION AND BENEFITS
Thttre were no ttvstees, remuneration or other benefits for the year ellded 31 December 2023 nor fot tbe year
ended 31 December 2022.
Trustees expenseB
rhere were no Irustee5' expenses paid For tbe ye&r ended 31 December 2023 nor for th¥ year ended
31 December 2Q22.
COMPAIL4TIVlI S FOR THE STATLI MELYf OF FINANCIAL ACTIVITIES
UnrestriGt¢d
fund
Restt'ictsd
lld
Total
fLLnds
INCOME ATrID ENDOWIVIENfs FROM
Donations and l¢gacies
239,782
239,782
Investment inoome
19,969
19,969
Total
259,751
259,751
EXPENDITURE OIY
Raising funds
4,032
4,032
Charitable Activities
Hospital funding
50,931
50,931
Other
4,133
4,133
Total
59,096
59,096
Net gainsl(105ses) on investmonts
(74.665)
(74,665)
NET INCOME
125,990
125,990
RECONCILIATION OF FUNDS
Total funds broughi forward
2254236
2,254,236
TOTAL FUNDS CARRIED FORWAIiD
2,380,226
2,380,226
Page 10
continued...

Tenbury Communlty Hospital
LeAgue of Frlends
Notes to the FlnanclAI St2tement$- contlnued
for the Y￿r Ended 31 December 2023
io.
TANGIBLE FIXED A&SETS
Improvements
Fr¢ehold
pr()p¢ty
Plant alld
machinery
prop¢ty
Totals
At I J￿Uary 2023
AdditAons
1,000,000
22,265
74,635
16,619
1,096,900
16,619
At 31 December 2023
1,000.000
22,265
91,254
1,113,519
DEPRECL4TION
At l January 2023
Charge for y¢ar
198,751
16,000
20,674
318
49,503
17,161
268,928
33,479
At 31 DeL¢mb¢r 2023
214,751
20,992
66,664
302,407
NET BOOK VALUE
At 31 D¢G¢mb¢r 2023
785,24l)
1,273
24,590
811,112
At 31 De¢¢mbw 2022
801,249
1,591
25,132
827,972
Ihe firehold property repr&8ents land and buildings. The total value w&8 provided by all independent valuation
on 31 DeGember 2010, being the date the pr¢vious unincorporated charity was incowordted. No revaluation
reserve 15 therefore shown,
The trustees have estiraated the land eler(LenL &nd depreciation is provided ut 2% on cost on th¢ buildings
eletnent.
Equipn]ent purGha5ed prior to inGoryoration was noi depreciated. equipment is now depreciated at 25f/Fo on
.8t.
ii.
FIXED ASSFT INVESIMENTS
Listed
investments
MARKET VALUE
At l January 2023
Additions
Disposals
488,208
49,746
(36,188)
At 31 D￿ember 2023
501.766
NET BOOK VALUE
At 31 Decejnber 2023
501,766
At 31 Dec¢]nber 2022
488,208
There We￿ no inveslment assets outside the UK.
Page 11
continued...

Teubury Community Hospit81
League of Friends
Notes to the Fin#nel81 St2tem6nts - continued
for the Year Ended 31 December 2023
FIXED ASSET iNVESTMfi NI'S- continued
Cost or vaEuation at 31 December 2023 is represellted by:
Li8ted
investrnents
Valuatloll in 2022
Valuation in 2023
488,208
l3,558
501,766
12.
DEwfoRS
2023
2022
Amounts falling due within Olle year:
Trade debtors
I,0t￿ to health authority
1,248
12,500
12.500
13,748
12,500
Amounts falling due after more than one year,.
Lo¥n to health authority
325,(100
337,500
Aggregate amounts
338,748
350,000
13.
CASH AT BANK
2023
Total
funds
2022
Total
funds
I"SB Cuttent Account
Virgin Money Deposit Account
TSB Instant Access AGwunt
HWTIS Allday Cash Acwunt
11,016
40,000
643.660
8,006
36,182
40,000
637,276
2,146
Total
702,682
715,604
Page 12
continued...

Tenbury C4)mmuiilty Hospital
LeAgue of Friends
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
14.
CREDITORS: Amouwfs FALLINC DUK WITKtN 01¥4EI YEAR
2023
2022
Trade creditr)rs
Awrued expenses
1,499
1.499
1,499
1,499
2.998
15.
Mo￿4 METrrf IN FUNDS
Net
movement
ill thnds
At
31.12.23
At 1.1.23
Unr&stricted funds
General fund
2,380,226
(25,471)
2,354,755
TOTAL FUTr4DS
2,380,226
(25,471)
2,354,755
Net movement in fiJnd& included in the above are as follows.,
Incoming
res￿1￿¢8
Resources
expend£d
Gains and
1058es
Movement
Unr￿trICted funds
General fund
32,817
(61,288)
3,000
(25,471)
TOTAL VUNDS
32,817
(61,288)
3,000
{25,471)
Comparntives for movement in funds
Net
movement
in ￿ndS
At
31.12.22
At 1.1.22
Unrestricted fiAnds
General fithd
2,2.54.236
125.990
2,380,226
TOTAL FUNDS
2,254,236
125,990
2,380,226
Comparative net movement in fvnds, included inthe above are as follows:
Incotning
resources
Resources
expended
Gains and
losses
Movem¢nt
in funds
UnrestrALted funds
General fund
259,751
{59,096)
(74,665)
125,990
TOTAL FULYDS
259,751
(59,096)
(74,665)
125,990
Page 13
conttnued.,.

Tenbury c0￿munity Hospital
League of Friends
Notes to the Flnaiicfial Statements - eonthiued
for the YeAr Ended 31 Decembei. 2023
15,
MOVEMENT IN FUNDS . continued
A Gurr¢llt year 12 months and prioryear 12 months combined position is a% follows:
Net
movement
in ￿llds
At
31.12.23
At 1.1.22
Unrestricted funds
GenoraI fund
2,254,236
100,519
2,354,755
T(YfAL FUNDS
2,254,236
100,519
2J54,755
A Gurrent y¢ar 12 montkls and prior year 12 tnonths Combin￿ net movement Ill funds, includ¢d in tho above are
as follows:
Incoming
resour¢es
Resources
¢xpEnd¢d
Gains and
losses
Movement
in funds
Unrestriet¢d funds
General fund
292.568
(120.384)
{71,665)
LOO,519
TO'fAL FUI¥DS
292,568
(12a,384)
(71,665)
100,519
16.
RELATED PARIY DISCLOSURES
There were no Telated paty transactions for the year ended 31 December 2023.
17.
ULTITrL4TE CONTROLLING PARTY
The In￿(ee5 consider the board of directors to be tbe ultirnate controlling paty.
18.
COMPANY LIIWllTED BY GUARANTEE
The Charity is a company limited by guarantee and has no sh￿¢ capilal. The liability of each member in the
evenl of winding up 18 limifrd to £10.
19.
GOING CONCEI RN
rhc Irustees b¢lieve ÉILat the charLty fac£8 no material uncertainties and Mqll be able to maintain positive cash
flows forthe foreseeable ￿tUre and, as a result, the going concern basis of accounting has been adopted.
PHge 14
wntinued...

Tenbury Communlty Hospltal
League of Friends
Notes to thè FlnAiidAI Statements - continued
ror the Year Ended 31 December 21)23
20.
LEI ASE OF FREEI HOLD PROPERTY
Th¢ freehold PLDpety is the subject of 99 year leases dated 10 November 2000 ￿]d 10 February 2012 in favour
of the Worcestershire Primary Care Trust. The leases are at a peppercorn rent, and are subject to & break clause
in the event t1￿1 th¢ lenanl no longer continues to provide hospital services on ttLe site,
21.
IAIAN ASSIT
On 30 Novetnber 2010 a loan of £500,000 was provided to the Worcestershire Primry Care Trwst to fund the
building of additional hospitsl fa¢iliti&s. This loan is being written off over a tenn of 40 yeatS, WLth the balan¢e
outstanding at atty point being repayable in the event that th¢ Primary Care TNst were to discotLtinue providing
hospital services on the site owned by the Frielldsladjac¢nt to tbe land owlled by the Friends.
Page 15