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2024-01-31-accounts

Friends of Llangollen Health Centre

Annual Report Year-Ending January 2024

The Income and Expenditure Accounts were submitted for auditing and accepted as a true record. These will be uploaded to the Charity Commission website as required. In terms of the assets held by the Charity the opening value at the start of the financial year stood at £78,904.00 and closed out at £40,038.32 in the form of cash in the current account and a further sum of £50,000 invested in a fixed-income account.

Significant transfers during the year included:

  1. A sum of £20,000 was from a legacy in the will of the late Mr K. Prydderch which was originally left to the "Llangollen Community Hospital" was passed on to FOLHC. The administrators of the will (GHP Legal) accept that FOLHC now represent the original beneficiaries and communicated as such to J. Palmer, email dated 22nd August 2023.

  2. Financial support for the role of Community Liaison Officer was requested from the Practice due to an unforeseen shortfall in the budget that had usually covered this role. The request was approved by the Trustees and an amount of £6,149 was paid out during the year.

  3. An amount of £2,106 was paid out to purchase medical equipment for the Practice.

  4. An amount of £1,000 was paid out to initiate the setting up of a Park Run on land adjacent to the Practice.

  5. Training costs for Foodshare were covered to the amount of £306

  6. Hire of the local scout hut was supported throughout the year, costing £400.

Changes to the Board of Trustees

During the Financial Year there were a two changes to the Board:

Suzanne Williams tended her resignation at the 15th November 2023 meeting.

David Latham Cruse was accepted as a Trustee at the same meeting.

Table 1

Table 1
Friends of
Llangollen Health
Centre
Reg Charity
1165202
Income &
Expenditure
Account for Year
Ended 31st
January 2024
Income 2024 Expenditure
Cash at Bank 78,904 Community Liaison Role 6,149.44
Cheque 93.5 Food Share Training 306
Park Run 86.36 Health Centre 2,106
Dementia Society 89.99 Scout Movement 400
Legacy Payment 20,000 Dementia Awareness 109.29
Bank Charges 64.8
Transfer to Fixed 50,000
Interest A/C
99,173.85 60,135.53
Cash at Bank c/f 40,038.32

1

Rry Clwlty 1165202 Cash at Bw 8.149 FWJ sh￿ Trw Pwk Run 2.1C6 85 Trtyrthrto Fr¥AI Inlrnt 50,( T(Al 59.136 Totsl 91174 Cash at Bank CJY 40.038 T(AI Ca ch Ex•mln•d br. 1111 Ir2024