EO 

4 

REGISTERED COMPANY NUMBER: CE007158 (England and Wales) REGISTERED CHARITY NUMBER: 1168474 

° 

REPORT OF THE TRUSTEES AND 

UNAUDITED FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 30 APRIL 2021 

FOR 

THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

Calcutt Matthews WBZ Ltd Chartered Accountants 19 North Street Ashford Kent T™N24 8LF 



aa——————————_——————————_______,___________,_,_,_,_____a 

. THE LEAGUE OF FRIENDS OF THE MAIDSTONE “HOSPITAL 

, 

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 30 April 2021 

| 

aeee 

Page Report of the Trustees 1 to 3 Independent Examiner's Report 4 Statement of Financial Activities 5 Balance Sheet 6 to 7 Notes to the Financial Statements 8 to 13 Detailed Statement of Financial Activities 14 to 15 



72ee es 

. THE LEAGUE OF FRIENDS OF THE MAIDSTONE “HOSPITAL 

REPORT OF THE TRUSTEES for the Year Ended 30 April 2021 

## eea 

## OBJECTIVES AND ACTIVITIES 

## Objectives and aims 

The Charity is established to raise funding to improve patient outcomes and experience. All departments within the hospital are encouraged to submit funding requests to the League, and are able to acquire equipment or make improvements, which otherwise would not be possible due to budgetary constraints imposed by the NHS Trust. The League also funds programmes designed to benefit patients. 

Significant activities The League operates a retail outlet within the hospital selling a wide range of food products together with newspapers, magazines, confectionery, and a host of items deemed useful for both staff and patients. We provide a Ward Trolley service, a Tea Bar, and have a very busy Bookshop alongside a range of fundraising activities such as raffles, cake sales, outings, etc. 

## Volunteers 

The League relies on a large number of volunteers, who give a great deal of time and effort to running these services. The main shop is managed by Jacqui Featherstone, who also provides valuable support and guidance to all volunteers. Other outlets and services are managed by Committee members who are all volunteers as are the Trustees. 

## ACHIEVEMENT AND PERFORMANCE 

## Charitable activities 

The sole purpose of the charity is to support the running of the hospital and improve patient experiences and outcomes. This is mainly achieved by the funding of equipment and programmes which are not able to be provided within the budgets of the NHS Trust. 

In this financial year the League has purchased a Vital Signs Machine for £4,390 along with a number of more modestly priced items. The total sum pledged in the year was £117,960. 

## FINANCIAL REVIEW 

## Financial position 

During this year the League generated a total of £261,085 in income. Of this, £136,390 was generated by sales in the League shop, whilst £2,873 was from fund raising events. A legacy of £40,000 was received from the estate of the late Dr Baloach, and a further £70,000 is yet to be received. 

Expenditure totalled £163,032, which resulted in a net surplus from charitable activities of £98,053. 

These funds were held in the general unrestricted fund, with a healthy cash balance of £359,264 at the year end. 

## Reserves policy 

The reserve policy for the charity is that they should hold sufficient reserves to meet all the capital purchases they have contracted with the hospital, plus £50,000. 

Page 1 



rrrCO _.. 

. THE LEAGUE OF FRIENDS OF THE MAIDSTONE 

, 

“HOSPITAL 

REPORT OF THE TRUSTEES for the Year Ended 30 April 2021 

## a 

## FUTURE PLANS 

The trustees intend to continue to promote and progress The League's objectives. Investments will be kept under review and changes may be effected if judged beneficial. The level of reserves is decided by the trustees taking account of demands made upon The League's resources. 

The restrictions imposed as a result of the pandemic led to a marked reduction in in numbers of visitors to the hospital with an obvious impact on custom in The League's retail outlets. In addition many volunteers are in age or health categories which make it inadvisable for them to continue in their roles. Measures, both physical and operational, have been introduced to comply with medical advice on the control of the virus. 

As Covid restrictions are eased footfall is increasing, but it is unclear whether remote consultations will continue or hospital activity returns to the pre pandemic level. Revenues have recovered sufficiently for surpluses to be generated again and barring serious Covid outbreaks leading to restrictions the trustees are satisfied that an acceptable, albeit reduced, surplus will continue to be earned. 

Active consideration is being given as to how The League might expand the scope of it's operations in order to offset the current reduced level of income. The trustees will also consider the level of reserves in the context of anticipated funding required for any additional retail activity. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

## Governing document 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 

| 

CE007158 (England and Wales) 

Registered Charity number 1168474 

## Registered office 

Maidstone Hospital Hermitage Lane Barming Maidstone Kent ME16 9QQ 

## Trustees 

Mrs M Tunbridge J White Mrs G Watson G Owen Mr M Blaber (resigned 20.8.21) 

## Independent Examiner 

Calcutt Matthews WBZ Ltd Chartered Accountants 19 North Street Ashford Kent TN24 8LF 

Page 2 



ree 

, THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

REPORT OF THE TRUSTEES for the Year Ended 30 April 2021 

NN$$$ Approved by order of the board ofx onNAN WN and signed on its behalf by: 

J White - Tru 

| 

Page 3 



" 

‘i 


**----- Start of picture text -----**<br>
eee rrr<br>**----- End of picture text -----**<br>


## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LEAGUE OF FRIENDS OF THE MAIDSTONE 

## HOSPITAL SS 

Independent examiner's report to the trustees of The League of Friends of the Maidstone Hospital ('the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021. Responsibilities and basis of report As the charity's 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, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act'). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. | can confirm that | am qualified to undertake the examination because | am a registered member of Institute of Chartered Accountants in England & Wales which is one of the listed bodies. 

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

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 35 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 (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

| 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. 

## Nicholak Hamer GA 

Nicholas Hume FCA Institute of Chartered Accountants in England & Wales Calcutt Matthews WBZ Ltd Chartered Accountants 19 North Street Ashford Kent TN24 8LF 

## oate:...0... eCehabesr 2021 

Page 4 



ee 

: THE LEAGUE OF FRIENDS OF THE MAIDSTONE 

“HOSPITAL 

## STATEMENT OF FINANCIAL ACTIVITIES 

for the Year Ended 30 April 2021 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|i|eS|
|30.4.21|30.4.20|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|INCOME AND ENDOWMENTS|FROM|
|Donations and|legacies|121,148|74,657|
|Other trading|activities|2|139,263|425,491|
|Other income|674|1,395|
|Total|261,085|501,543|
|EXPENDITURE ON|
|Raising funds|139,681|307,066|
|Charitable|activities|
|Hospital Support & Administration|21,990|288,923|
|Other|1,361|6,614|
|Total|163,032|602,603|
|NET INCOME/(EXPENDITURE)|98,053|(101,060)|
|RECONCILIATION|OF|FUNDS|
|Total funds brought forward|346,738|447,798|
|TOTAL FUNDS CARRIED FORWARD|444,791|346,738|

**----- End of picture text -----**<br>


The notes form part of these financial statements 

Page 5 



## : THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

## BALANCE SHEET 

30 April 2021 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|a|
|30.4.21|30.4.20|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|FIXED ASSETS|
|Tangible|assets|6|6,508|7,772|
|CURRENT ASSETS|
|Stocks|7|13,371|20,583|
|Debtors|8|70,987|-|
|Cash|at|bank|and|in|hand|359,264|335,656|
|443,622|356,239|
|CREDITORS|
|Amounts|falling due|within|one year|9|(5,339)|(17,273)|
|NET CURRENT ASSETS|438,283|338,966|
|TOTAL ASSETS|LESS CURRENT LIABILITIES|444,791|346,738|
|NET ASSETS|444,791|346,738|
|FUNDS|10|
|Unrestricted|funds:|
|General|fund|444,791|346,738|
|TOTAL FUNDS|444,791|346,738|

**----- End of picture text -----**<br>


The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006. 

## The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

Page 6 

continued... 



a—— a ne 

; 

THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

BALANCE SHEET - continued 30 April 2021 

| 

a These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on ed AVM. e291... and were signed on its behalf by: {\ / seeereseseseccvecsebesees Rasaseeeseenevens J White - ee ~~ Y 

The notes form part of these financial statements 

Page 7 



: THE LEAGUE OF FRIENDS OF THE MAIDSTONE ‘HOSPITAL 

NOTES TO THE FINANCIAL STATEMENTS 

for the Year Ended 30 April 2021 

## I 


**----- Start of picture text -----**<br>
1. ACCOUNTING POLICIES<br>**----- End of picture text -----**<br>


## Basis of preparing the financial statements 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## Tangible fixed assets 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 25% on reducing balance Computer equipment - 50% on cost Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## Taxation 

The charity is exempt from corporation tax on its charitable activities. 

Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

Page 8 

continued... 



## . THE LEAGUE OF FRIENDS OF THE MAIDSTONE ‘HOSPITAL 

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 April 2021 

## 2. OTHER TRADING ACTIVITIES 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|30.4.21|30.4.20|
|£|£|
|Fundraising|events|2,873|32,193|
|Shop income|136,390|393,298|
|—___—|_—___|
|139,263|425,491|
|3.|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|30.4.21|30.4.20|
|£|£|
|Depreciation|- owned|assets|2,263|2,227|

**----- End of picture text -----**<br>


## 4. TRUSTEES’ REMUNERATION AND BENEFITS 

There were no trustees’ remuneration or other benefits for the year ended 30 April 2021 nor for the year ended 30 April 2020. 

## Trustees’ expenses 

There were no trustees' expenses paid for the year ended 30 April 2021 nor for the year ended 30 April 2020. 

## 5. STAFF COSTS 

The average monthly number of employees during the year was as follows: 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|30.4.21|30.4.20|
|Average|number of employees|2|1|

**----- End of picture text -----**<br>


No employees received emoluments in excess of £60,000. 

Page 9 

continued... 



|[‘] 

|. THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 April 2021 

## as 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|6.|TANGIBLE|FIXED ASSETS|
|Plant|and|Computer|
|machinery|equipment|Totals|
|£|£|£|
|COST|
|At|1 May 2020|41,171|620|11,791|
|Additions|499|500|999|
|At 30 April|2021|11,670|1,120|12,790|
|DEPRECIATION|
|At|1 May 2020|3,451|568|4,019|
|Charge|for year|2,044|219|2,263|
|At 30|April|2021|5,495|787|6,282|
|NET BOOK VALUE|
|At 30|April|2021|6,175|333|6,508|
|At 30|April|2020|7,720|52|7,772|
|7.|STOCKS|
|30.4.21|30.4.20|
|£|£|
|Stocks|13,371|20,583|
|8.|DEBTORS: AMOUNTS|FALLING|DUE WITHIN|ONE|YEAR|
|30.4.21|30.4.20|
|£|£|
|Other debtors|70,987|-|

**----- End of picture text -----**<br>


Page 10 

continued... 



. 

THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 April 2021 

## nnn 


**----- Start of picture text -----**<br>
||||||||||
|---|---|---|---|---|---|---|---|---|
|9.|CREDITORS: AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|30.4.21|30.4.20|
|£|£|
|Trade|creditors|3,003|776|
|Social|security and other taxes|274|69|
|VAT|588|6,911|
|Other creditors|1,474|9,382|
|Pension|-|135|
|5,339|17,273|
|10.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.5.20|in|funds|30.4.21|
|£|£|£|
|Unrestricted|funds|
|General fund|346,738|98,053|444,791|
|TOTAL FUNDS|346,738|98,053|444,791|
|Net movement|in|funds,|included|in|the|above|are|as follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|261,085|(163,032)|98,053|
|TOTAL FUNDS|261,085|(163,032)|98,053|
|Comparatives|for movement|in funds|
|Net|
|movement|At|
|At|1.5.19|in|funds|30.4.20|
|£|£|£|
|Unrestricted|funds|
|General fund|447,798|(101,060)|346,738|
|TOTAL FUNDS|447,798|(101,060)|346,738|

**----- End of picture text -----**<br>


Page 11 

continued... 



" 

THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

, 

NOTES TO THE FINANCIAL STATEMENTS- continued 

for the Year Ended 30 April 2021 

## a 

## 10. MOVEMENT IN FUNDS - continued 

Comparative net movement in funds, included in the above are as follows: 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|f£|
|Unrestricted|funds|
|General fund|501,543|(602,603)|(101,060)|
|TOTAL FUNDS|501,543|(602,603)|(101,060)|

**----- End of picture text -----**<br>


A current year 12 months and prior year 12 months combined position is as follows: 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Net|
|movement|At|
|At|1.5.19|in|funds|30.4.21|
|£|£|£|
|Unrestricted|funds|
|General fund|447,798|(3,007)|444,791|
|TOTAL FUNDS|447,798|(3,007)|444,791|

**----- End of picture text -----**<br>


A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General fund|762,628|(765,635)|(3,007)|
|TOTAL FUNDS|762,628|(765,635)|(3,007)|

**----- End of picture text -----**<br>


Page 12 

continued... 



. THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 30 April 2021 

## 11. | RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 30 April 2021. 

Page 13 



ree 

‘ 

## THE LEAGUE OF FRIENDS OF THE MAIDSTONE HOSPITAL 

## DETAILED STATEMENT OF FINANCIAL ACTIVITIES 

for the Year Ended 30 April 2021 

| 

|I|I|I|
|---|---|---|
||30.4.21|30.4.20|
||£|£|
|INCOMEAND ENDOWMENTS|||
|Donationsand legacies<br>Donations<br>Legacies<br>Subscriptions|10,161<br>110,657<br>330|12,946<br>60,329<br>1,382|
||121,148|74,657|
|Othertrading activities<br>Fundraisingevents<br>Shop income|2,873<br>136,390|32,193<br>393,298|
||139,263|425,491|
|Other income|||
|Bank interest received|674|1,395|
|Totalincomingresources|261,085|501,543|
|EXPENDITURE|||
|Othertrading activities<br>Openingstock<br>Shopgoods<br>Wages<br>Socialsecurity<br>Pensions|20,583<br>93,838<br>35,047<br>-<br>1,187|17,326<br>278,816<br>27,090<br>(211)<br>1,047|
|Fundraisingexpenses<br>Plantand machinery|135<br>2,044|1,354<br>1,917|
|Computerequipment<br>Closingstock|218<br>(13,371)|310<br>(20,583)|
||139,681|307,066|
|Charitable activities|||
|PurchaseofHospital Equipment|10,935|271,670|
|Other|||
|ComputerandSoftware<br>Recruitment Expenses|204<br>1,157|786<br>5,828|
||1,361|6,614|



This page does not form part of the statutory financial statements 

Page 14 



é 

. 

THE LEAGUE OF FRIENDS OF THE MAIDSTONE ‘HOSPITAL 

| 

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 April 2021 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|a|
|30.4.21|30.4.20|
|£|£|
|Support|costs|
|Management|
|Rates|and|water|-|1,008|
|Postage and stationery|764|1,509|
|Sundries|63|209|
|Travel|-|2,671|
|Repairs and|Renewals|1,659|772|
|2,486|6,169|
|Finance|
|Bank charges|7,074|8,893|
|Governance|costs|
|Accountancy and|legal fees|1,495|2,191|
|Total|resources|expended|163,032|602,603|
|Net income/(expenditure)|98,053|(101,060)|

**----- End of picture text -----**<br>


This page does not form part of the statutory financial statements 

Page 15