Loaguo of Friends of thg Nuffield Orthopaedlc Centre
Nuffield Orthopa•dlc Centre Headinglon Oxford
Charity Number 1165880
Flnanclal Slaloments
for th• y•ar •nd•d
31sl Ma￿h 2025

League of Frl¢nds of the Nulfièld Orthopaedlc Centre
Annual Report for thè year &nd•d 31st March 2025
The Twsl88s present their Report for the year eTrJed 31st March 2025.
Legal and Adminl$trative Detail*
The League of Friends is constiiut8d by the rules adopted at its Inaugural meetlng in 1964, and subject
to amandmenl by members at general meelings.
The Leagu8 was registered with the Charity Commissioners under Charity Numbgr 264276. On 27th
February 2017 they became a Ch8ritsble IncA)rporated Organi58tion.
The Trustee Board who served during the year and who are responsible for the managemont of th8
Lga9ue's business are as follows..
Chaiman
Treasurer
Mr Shaun Mcclarron
Mrs Jean Grandi
Mr Antony Pick lappolnled 15 June 20241
Ms Karen Barker
Ms Penny Bilney
Ms Gail Thomas
Bank•r¥:
National Westminster Bank pl
91 London Road
Headinglon
Oxford
OX3 9AE
COIF Ch8rity Deposit Fund
85 Queen Victoria Street
London
EC4V 4ET
Indopgnd•rrt Examln•r.
Lee Baker FCA
Wenn T¢Mnsend Chartered Accountsnts
30 St Giles,
Oxfor(I
OX1 3LE
Insuranc• Brokers:
Attend
11-13 Caverbdish Squore
London
W1GOAN

Leagu¢ of Frlonds of the Nuffield Orthopaedic Centr¢
Annual Rgport for the year ondod 31st March 2025
Objects. Organlsatlon and ActivltSes
The object of the League of Friends is generally to SUPPLN1 th8 charitable work of the Nuffield
Orthopaedic Centre. No alteration in Ihe ruth can authorise new objects which are not charitable.
The premises from which the League operates are provHled by the hospital rent free. The hospital and
staff are the ultimate benefiaaries of the charity. The facilities provided by the League are seen by the
hospital lo ￿ of seNi¢e lo patients, vi5iiors and staff alike. No attempt has been ma(le to quantify the
value of this lacil donation towards the League's operating costs.
The malorbly of the Charfty's lunds are ralsed from the sale of refreshments and goods sold in the shop.
together with monies received from fundraising. legacies and bequests. other activllies and donations.
Th8 work of th6 League is carried out mainly by som8 14 volunteers who provide a comprehensivè
shoplcafé and assistsnce lo patients in Ihe wards and dinics.
Day lo day administration of the shop is delegated to pahl staff, with overriding decision-makn'ng by th&
Trustees. Th8 Trustees ma&t aV8ry secorKI month lo discuss the Lèague affairs, Indudlng the raquests
from th8 hospital depaTtments for equipment etc.
There are approximately 22 P90p￿ ass(Kiated with the chanty. of whlch 17 are volunlears.
Publ1¢ B8nefSt
In reVIe￿ng the Charlty's obledves and actfvllles the Trustèes have considered thè guidelines lald
down by the Charity Commission in relation to publi¢ benefft. The Twstees are of the oplnion that th&
Charity's objectlves and activilies are totally In accordance therewlth.
Tnlsto• Appolntm•nt and TraSnlng
Trustèes are appointed 01 the Annual General Meeting. usually held in June. Nomin81ions are mad8
prior to the meeting, onco the individual has confimigd in wrillng, their willingness to Stand. Tru5188s
arè then formally proposed, seconded and voted upon at the meeting itself.
Induction and Iralning of a new Trustee is Infonngl. mainly covered by attendance at m88llngs whare
policy decisions are taken. and matters of eoncem discussed. The Trustees are 5UPPOrted by ATTEND
(the charity's UmbrelL8 organisat￿nI who providti trainlng courses.
Ravlow of Progress and A¢hI•V•n￿￿1s
The ¢harity provides medical and related equipment lo, or for. the varlovs ward5 and departments of
the Nuffield Orthopaeijic Hospital based upon specific requests mad8 by those wards and departments
to tho Blds Committee of the Charfty's Twstees. Successfvl bids ar8 aclioned as soon as possiblg,
depending upon the availability of the equipment. Bids that have been agreed bul could not be aclioned
by the year-end dale are noted as outstanding commilments.
Rlsk Management
The Trustees have examined the m8lor strategic, businèss. and cwerational risks thatthe Charity faces
or may foce and confimi that systems are in place lo enablg rogular reports to be produ¢*d so that the
necessary steps be taken to M￿gate any such risks.
The principal risk5 faced by the ch8rity are=
the impact of another coronavirus pandemic
competition from other on-site providers of similar goods and services and
drfFi¢ulties in attracting volunteers
The Trustees are aware of these risks and keep the siluation under o)nstant review.

Lgague of Frlend$ of the Nurneld Orthopa8dic Centre
Annual Roport for the yèar •nd•d 31st March 2025
Fln•ncos and Reser¥•s Pollcy
The attached financial statements show the current state of finances. which the Trustees consider lo
be sound. The balance shown on unrestricted income ftjnds amount lo £314.27012024.' £239,658). It
is the policy of the Charity to maintsin unrestricted funds. %thich are the free reserve5 of the Charity, at
a lev81 which maintains the Charity's ¢apabilty to respond to any financial emergency.
Investments Pollcy
Investments are held in short and medium temi deposit acxounls in order to providè flexibility and ease
of access. The highest rale of intorest is act5vely pursued. The investsnent objeclNe is to maintaln the
purchaslng pow8r of the monies unlil they are required lo satisfy the grant making process.
Rlsk Management
The Trustees have examin8d th8 major strategic, busin8s5 and oparalional risks which the Charity
faces or may fac8, and have confirmed that systems are in place to enable regular reports to be
produced, so that necessary steps can b8 taken to lessen any such risks.
Audlt Informatl¢)n
In 80 far as the Trustees are aware-
la) there Is no relevant audit infomalK)n of whbch the Charity's exlemal &xaminers are unaw8re',
Ibl thè InJ8lees have taken all slep$ that they ought lo have tskan to make themselves aware of
the relevant audll Information arKI lo eslablish that the exlemal examSners are aware of that
Information.
Statomgnt of Tru8to08 R•sponslbilltl•B
The Tru51ees ar8 resw)nsible for preparing the annual report and the finandal statement In accordance
th the applicable law and UK Ganeral Accepted Accounting Practice.
Tho Law applicable lo charities in Englantj and Wales requires the Trustees lo prepare financS81
slalem9nls for each financial year, which gNe a true and fair view of the Charity's financlal activities
during the year and of its financial position 81 the end of th8 year. In pr8P8ring Ihosfr financial
slaternenls, the Trustees 8re required lo..
Select suilablg accounting policies and then apply them consislenlly;
Make judgements and eslimales that ar8 responsible and prudent:
St8le whether applicable accounting standar(Is and slalements of recommended practice hava
been followed, subject to any malerial dep8rtur8s disclosed and explained irs thg financial
stalem8nts',
Prepare the financial statements on 8 'going concem. bgSi8 unles8 il Is inapproprlate lo
presume that the Charity will continue In operation.
The Trustees are ￿sponsible for keeping accounting records which disdose with re8sonable accuracy
at any tim8 the financial posttion of the Charity and which onable them lo ascertain the financial posrtion
of the Charity and enable them lo ensure that financial stslements comply wtlh the Charities Act 2011.
They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps
for the prfjvenlion and deteC￿n of fraud and other irregularities.
On behalf of th Trust00 Board
Mr Shaun Mcclarron (Chaimian)
..2025

Independant External Examlnors Report to the Trustees of thè Lèague of Friends of the
Nuffl*ld Orthopaedlc C•ntre tor the yoar •ndod 31st March 2025
I report lo the charity tTUStees on my examination of the accounts of the charity for the year ended 3151
March 2025 which are set out on pag&s 5 to 11.
R•spon$lbllltlo$ and basls of report
As the charity's tTusts8s you are responslble for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ACYI.
I r8POrt in resp8ct of my examinalh)n of the charity's accounts carried out undef section 145 of the Act
and in cary¢ng OLrt my examination I have followed all the applicable Direclions given by the Charfty
Commlssion under section 145{5llbl of the Act.
Indoynd•nt oxamln•rfs statThnt
I h8ve completsd my exarnination. I confm) that no material matters have como to my attention in
connection with Ihg examination giving me cause lo believe Ihat in any materlal respect..
accounting records were not kept in resFeCt of the charity os required by seclbn 130 of the Act., or
the accounts do not accord with those records: or
th8 accounts do not comply with the applicabl8 requlr•ments conceming trbe fom and contanl of
accounts sel out In the Charities {Accounts and Reportsl Regulations 2008 other than any
requlrement that th8 accounts give a 'tNe and fair v￿w, which 18 not a matter considered as part
of an independent gxaminalion.
I have no concgms and have corne across no other matters in connection wllh the examlnatlon lo whlch
attention should be drawn in this report in order to enable a proper undarstsndlng of the a￿Ounts lo b8
reached.
L•• 8ak•r FCA
Wgnn Town88nd Chart•r•d Accountsnts
30 St GII•s
Oxford
OX13LE
..2025

The League of Frlends of the Nuffield Orthopaedic Centre
Slatsm•nt of Flnan¢lal Actlvitles
For the Year Ended 31st March 2025
Not
Unr•$trf¢tod Unre6tr1¢t•d
Funds
Funds
2025
2024
Incomlng Rosourcos
Legacies & Donations
3.877
8.188
ActNilbeS for generatlng furKIs
202,807
192,900
Investmgnl income
9.186
6,150
Total Incomlng R•$ource•
215.870
207,238
Rosourcos Exp•nd•d Charltable actl¥ftl••
Activi118s for generating funds
120.691
119.189
Gifts to the Nuffiold Orth0pa8d￿ Centre
10.010
2,490
Governancg Costs
10.557
10.495
Total R•sourc•8 Exptndod
141.258
132,154
Nel incominglloutgolngl resources for the year, beiThJ
net movomfjnt in funds
74,612
75,084
Total funds brought forw8rd
239,658
164,574
Total Funds carrl•d forward
314,270
239,658

The Loague of Frfend5 of tho Nuffield Orthopaedic Centro
Balance Sh•ot as at 31st March 2025
Current A65et$
Notts
2025
2024
Fixeij assets
3.251
2,418
Slo¢k
1.544
1,484
Bank depo81ts and Current 8ccounl
314,267
240,159
319,062
244,061
Lass Current Llabilitlei
Creditors.. Amounts falling due wilhin one year
10
(4,7921
{4,4031
Nel Current Assols
314.270
239,658
Net Assets
314,270
239,658
Represgnl8d by:
Total Unr•8trl¢tsd Fund8
314,270
239.658
These Finan
ial Statements were approved by the Truste88 on ........
. 2025
Mr Shaun Mcclarron Ichalrman)
Mr8 Jean Grandl (Troasurer)

The League of Fwlends of tho Nuffield Orthopaedic Centre
Notes forrnlng part of the Flnanclal Stst8m•nt
For the yoar ended 31st March 202S
1. Accounting Policies
{a) BaJls of Preparatlon
The financial staternents have be&n prepared under the hi5tori¢al cost convention with
items recognised at cost or transaction value. The ffinancial slalements have been prepared
in accordance with the Statement of Recommended Practice= Aco)unling and Reporting
by Charlties preparing their accounts In accordance ￿th the Financial Reporting Standard
applicable in the UK and Republic of Ir8land IFRS 1021 issued Octobèr 2D19 and the
Flnancial Reporting Slandard applicable in Ihe United Kingdom and Republic of Ireland
IFRS 1021 and the Charities Acl 2011.
(bl Income and Exyndltur•
The Charity prepares its accounts on an accruals basis, with adjustrnents being made for
trade creditors and debtors, where the LbfKl8rfying oxp8nditure or income proFerty
relates to the accounting p8ri0d.
Tho method of awunting conforms with Part 8 of the Chart￿88 Acl 2011.
Ic) Inv•$tment Income
Investmonl incorne 18 accounted for 88 receNablg.
Idl Donatlons IGlfts 8tc.
Donations are recorded in the perl(xl in which the Chonty is entitled to receipt. Gifts and
promises are noted in the annual repcvt.
(•) Rasources Exp•nd•d
Expenditure is In¢lL￿8￿ on the accnjals basis and has been classrfled under hgadings that
aggregate all costs related lo the category.
The Charity has ono slngle athKy. as detsllad In the Annual RerK)rt. C051s rèflected as
Govemanc8 Costs in these financial slatemon15 are essontialty compliance costs , plus
those expenditur88 incurrod to support tho sole actbvIIy.
lfj Stocks
Stocks are v8lued according lo the retall method, whgreby an evaluated gross margin is
deducted from the selling prlcè lo derive c05L
{9) Cash Flow SLitsm•nt
The ch8rfty has taken advantsge ol the exemption from preparing a cash flow stsl8mént,
contained in the Financial Reporting Standard No 1. on the grounds that it is a small charity.
Ihl Donat8d Servlces - V¢lunteors
No attempt has been made to gvaluate the en(￿mOuS contribution made by volunteers to
the League's ¢)P9ration.

The L¢ague of Friends of the Nuffield Orthopaedle Cen
Notes fornilng part of th• Financial Ststement {¢ontlnuedl
For th• yoar ended 31st March 2025
Unrnstricted funds
2025
2024
2. Legacles and Donatlons
General donations and legacles
3,877
8,188
Govemment grants receivable
3,877
8,188
3. Actlvltlgs for Generatlng Fund¥.'
2025
2024
Shop ts￿ng5
202.807
192,900
Cost of sales
197.5011
{94,7941
Gross profft
105.306
98.106
Fundraising income
{513
43
Shop Salarfes
121.1111
{23,1471
Repalrs and replacement equlpment
11,5661
(1,2711
Not Tradlng Income
82,116
73,731
4. Inve$tm•nt Incomg
2025
2024
Inlgrg$1 received
9,186
6.150
S. Charltable Actlvltl8•
2025
2024
Gifts to the Nuffield Orthopaedic Centr8 (Note 121
10.010
2,490

The League of Frlends of tho Nuffield Orth4)paedic Centrn
Notes fomlng part of the Flnanclal Slatsmant Icontlnuad)
For the y••r ¢nded 31st March 2025
6. Govefflan￿ and Othèr Costs
2025
2024
Admin
2,763
4.257
Insurance
2,442
2,437
Indepondent Examination
1.c￿0
othèr accounlanGy support
1,477
1,224
Depreciation
766
45
Bank Charges
2.109
1,632
Total
10,5S7
10,495
7. Stsff Co•t•
2025
2024
mum￿r01 Nurnbor of
staff
•taff
Tho average numb8r of employees (all of whom were part-tlmel
2025
2024
Thg analysls ol cost Is 88 follows..
Wagès, 8al8rles and sodal security costs.
21,111
23,147
No remuneratlon was paid to any Trustse during the year and no employee recoivgd remuneration in excess
of £60,000 pa.
OccasSon81. low value, reimbursements are made to Truslees in respect of expenses incurred on b9half of
the Charity.
8. Stock
2025
2024
Stock of goods for sale
1,484

The Leaguo of Frlends of the Nuffleld Orthopa•dlc Centre
Notss fomilng part of tho Flnanclal Ststoment {¢ontlnuod
For the year •nded 31st March 2025
9. Cash at Bank and in Hand
2025
2024
Bank current account and cash in hand
84.267
60,159
COIF Charities depo$f( account
230.000
180,000
314,267
240,159
10. Cr•dltorn: Arnounts falllng due In one year
2025
2023
Trade credrtors
VAT
877
491
Accruals
2.000
2,000
Taxallon and social ¥ecurity
1.915
1,912
4,792
4,403
11. Contlngent Llabllllles and Commltment•
In the opinion of the Trusloes. thor8 were no contingent liabilities at 31st March 2025.
10

Th• League of Friends of the Nuffield Orthopedic Centr•
Notas fonning part of th• Financial Stst•m•nt {contlnuedl
For the ygar ended 31$t March 2025
12. Hlstorlc Summary
Total
0110412024
Year to
3110312025
Total
3110312025
Unrestri¢t•d Fund•
Monies raised
1.886,833
95.179
1,982.012
Govemance costs
(297.9261
(10.5571
1308.4831
1,588,907
84,622
1,673,529
Monies gffted to the hospital
11.349.249)
110,010) 11.359,2591
Unrejtrlctod Funds carriod forward
239.658
74,612
314,270
13. Change of charltabl• status and tran$f•r of funds
11 was Ihe declslon of the Trustees and those present at the 2015 AGM, that the League of Friends of
the Nuffield Orthopaedlc Centrg Change their organisation from a Trustee lead org8nis8tion lo a
Charitsble Incorporated OTg8nisalion ICIOI. Following thg 9uidance sel ovl by th8 Ch8Tity Commission.
this pr￿aSS was completed in March 2017. The Charity Commlssioners were salisfled that THE
LEAGUE OF FRIENDS OF THE NUFFIELD ORTHOPAEDIC CENTRE Is a charity and It has bggn
erbtered onto the Regi$18r of Charities with tho R8gis16red Charity Numb6r 1165880.
Charltlos Commls51on de¢lslon wonling
The decision lo regislerwas basedon ourassessmenl of the￿10mlatiOn suppliedduring the 8pplical￿rt
pmcess and the declar8tions given in the trustee decla￿tIon fomi and we are satisfied that THE
LEAGUE OF FRIENDS OF THE NUFFIELD OR THOPAEDIG CENTRE is eslablishad for chari18bl8
purposes only for the public benefrt.