REGISTERED CHARITY NUMBER: 1169175
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE LEAGUE OF FRIENDS OF THE BEXHILL HOSPITAL CIO
GMP Audit Limited, Statutory Auditor
20 Eversley Road
Bexhill on Sea
East Sussex
TN40 1HE
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
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Report of the Trustees |
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5 |
Report of the Independent Auditors |
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8 |
Statement of Financial Activities |
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9 |
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Balance Sheet |
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10 |
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Cash Flow Statement |
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11 |
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Notes to the Cash Flow Statement |
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12 |
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Notes to the Financial Statements |
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THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31December2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the
FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January
2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Policies and objectives:
The objects of the League are:-
To foster and maintain the interest of the public in the life and work of the Bexhill Hospital.
To relieve sickness and to preserve the health of the residents of Bexhill-on-Sea primarily, but not
exclusively, through the Bexhill Hospital, by providing or assisting in the provision of equipment,
facilities, amenities and services which are not normally provided by the statutory authorities.
TheaimsoftheCharityarethereforetosupportthecontinuingdevelopmentofBexhillHospitalmainly by
supplementingfundsavailableforequipmentaswellasforresearcheducationandtraining.Additionally, the
CharityaimstofosterinterestintheworkoftheHospitalbytheprovisionofvoluntaryworkwithin the
Hospital.
Strategies for achieving objectives:
TheseincludedholdingregularmeetingsoftheManagementCommitteetokeepclosecontrolover income
andexpenditureandliaisingwiththeHospitalTrusttoobtaindetailsofwhatequipmentisneededor whether
theprovisionoffundsforimprovementorenhancementofstafforotherfacilitiescouldbemade.The Charity
alsoseekstopubliciseitseffortsinteraliabyholdingavarietyofeventsbothsmallandlargethroughout the
year,a prize draw, collecting at local store and the sale of Christmas Cards.
Significant activities
LegacyincomeisasignificantpartoftheCharity'soverallincomeandassuchtheCharitywillbedoingall it
cantopromoteitselfasaCharityworthyofcharitablegiving.Theaccountsgiveafullpictureoftheextent of
thegrantsmade.TheManagementcommitteecontinuestoencouragetheHospitaltoapproachthe League
for donations of any kind for items however large or small.
Public benefit
ThetrusteeshavecompliedwiththeirdutyintheCharitiesActtohavedueregardtoguidelinesissuedby the
CharityCommissiononpublicbenefit.Thecharityisinvolvedintheprovisionofequipment,facilities and
amenities to relieve the sickness and preserve the health of the residents of Bexhill-on-Sea.
Grantmaking
TheLeaguewillagreetomakingagranttolocalorganisationswhoseaimsalsomeetitsobjectives. The
League does not make grants to individuals.
Volunteers
TheLeaguehasthebenefitofbeingabletocalluponapproximately60Volunteerstoworkinourshop in
OutpatientswithintheHospital.ThenetworthoftheseVolunteersisalmostinestimableandtheirservice is
greatlyappreciatedbyboththeLeagueandtheHospital.TheTrusteestaketheopportunityofthanking all
the Volunteers for the work they do throughout the year.
Page 1
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
ThemaincharitableactivityduringtheyearwasprovidinggrantstoBexhillHospital.Thegrants were
awardedforthepurchaseofnewequipmentandtherefurbishmentoffacilitiesusedbythepatientsand staff.
A full list of the grants awarded is given in note 8 and are in accordance with the charitable objectives.
Thegrantsawardedwerechosenforthepositiveimpactonthetreatmentofpatientslivinginthe Bexhill
area, who would otherwise have to wait longer or travel further for treatment.
ThecharityownsabeachchaletonBexhillseafrontandthisisfortheuseofthestaffofBexhillHospital. The
coststomaintainthechaletareminimalandthebenefittothewellbeingofthestaffisconsidered an
important factor for retaining ownership.
Fundraising activities
TheLeaguenormallyorganiseanumberofactivitiesthroughouttheyear,whicharedesignedtopresent the
League and its objects to the public to secure funds to be passed back to the Hospital.
TheLeagueoperatesashopwithinBexhillHospital,Theshopisopentopatients,visitorsandstaffand is
manned by volunteers. The profit from the shop is used in the furtherance of the charitable activities.
The League has its own lottery within the Unity Lottery which will bring 50p in the £1 to the League.
We held the first of our fund raising buffet dance fundraising evening in October.
TheseactivitiesallhelptofosterateamspiritbetweenLeaguemembers.Asimportantasmakingaprofit for
theLeague,isthefactthateacheventpublicisestheworkoftheLeagueandincreasesawarenessof what
the League is able to do.
Investment performance
Thebulkofitsfundsheldininterestbearingbankandbuildingsocietyaccounts.TheTrusteesconsider this
tobethesimplestandmostriskfreemethodtoearnincomeandmaintaincapitalvalue.Themarket is
constantly monitored to ensure the best interest rates.
FINANCIAL REVIEW
Financial position
Duringtheyearprojectstotalling£203,523(2023-£232,503)wereapproved.Thenetfigureforthe year
was £178,147 (2023 - £232,330) after adjusting for items previously authorised but not purchased.
Withincomefortheyeartotalling£1,143,794theyearendedwithasatisfactorybalancefromwhich to
supportthecontinuedexpansionandupgradingofthehospitalandtheprovisionoffurther medical
equipment for the use of the community.
On a fund basis the assets are available and adequate to fulfil the obligations of the Charity.
Principal funding sources
Themainsourceoffundingthisyearwasfromlegacies,andtheincreaseininterestreceivableon deposits
has enabled the Charity to fund various projects throughout the year.
Investment policy and objectives
Thetrusteeshavedecidednottoundertakeanyspeculativeinvestment,forexampleinequities. The
League'sresourcesaredepositedwithCambridgeandCountiesBank,CloseBrothersGroup, Hampshire
Trust Bank, Redwood Bank and United Trust Bank in order to obtain the best possible rates of interest.
Page 2
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
Reserves policy
TheBalanceSheetshowstotalreservesofrestrictedandunrestrictedfundsof£4,639,553ofwhich £1,279
arerestrictedfundsand£4,638,274areunrestricted.ThisfarexceedstheamounttheCharitywishes to
maintain on a regular basis.
Itisnotthetrusteesintentiontoaccumulatefundsbuttofinanceimprovementsandpurchase medical
equipment for the benefit of the community.
FUTURE PLANS
OurdesiretoprovidethepeopleofBexhillwiththeverybestmedicalcarepossible,motivateseach and
every member of our League of friends.
WehaveplanstoimprovethefacilitiesforpatientsandcarersattheIrvineUnit,arehabilitationunit that's
aimistohelppeopleregainsufficientconfidenceandstrengthtoreturnhome.Wealsohaveplansto work
with the NHS trust and others to provide the very latest and most advanced equipment in our region.
TheFriendsofBexhillhospitalwascreatedtohelpallourresidentswhofoundthemselvesinneedof hospital
treatment our purpose and determination has not changed.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,beingaConstitutionofaCharitable Incorporated
Organisation.Thiscloselyfollowsthe'Association'modelconstitutionforaCIO,publishedbythe Charity
Commission.
Recruitment and appointment of new trustees
ThemembersoftheCommitteearealsocharitytrusteesforthepurposeofcharitylaw.Theofficersof the
LeagueincludeaChairman,Vice-Chairman,HonorarySecretary,HonoraryTreasurerandHonoraryGift Aid
Secretary.TheChairmanandVice-ChairmanareelectedbytheGeneralCommitteeandtheotherofficers are
elected at the Annual General Meeting.
AllothermembersoftheCommitteeareelectedattheAnnualGeneralMeetingandretireafterthree years
butareeligibleforre-election.TheCommitteemayfillanyvacancy,andanypersonnominatedtofill a
casualvacancyshallgooutofofficeatthenextannualGeneralMeetingandbeeligibleforre-election. The
CommitteehasfullpowertoconductthebusinessoftheLeaguefreefromcontrolofHer Majesty's
Government,theRegionalAuthority,theEastSussexHospitalsNHSTrustoranyotherpersonor body.
TraditionalbusinessandmedicalskillsarewellrepresentedontheCommittee.Inanefforttomaintain this
broadmix,intheeventofparticularskillsbeinglostduetodeathorretirement,individualsare approached
to offer themselves for election to the Committee.
There are five Committee meetings each year, during which all decisions are made by the Trustees present.
Organisational structure
Social Committee:
The operation of the canteen and shops.
Induction and training of new trustees
AllTrusteesarehandpickedfortheknowledgeandexpertisethattheycancontributetothe Committee.
Their induction and training occurs during and as a result of Committee Meetings.
Related parties
TheLeagueofFriendsoftheBexhillHospitalfrequentlyenhancesfinancialcontributionsmadebyThe Friends
of the Conquest Hospital, Hastings in the provision of medical equipment in order to benefit Bexhill patients.
Page 3
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
Thetrusteesactivelyreviewthemajorriskswhichthecharityfacesonaregularbasisandbelieve that
maintainingreservesatareasonablelevel,combinedwithanannualreviewofthecontrolsoverkey financial
systems, will provide sufficient resources in the event of adverse conditions.
ThecharityisinsuredthroughaschemerunbyAttend,coveringallmembers,helpersandvoluntary workers
ofTheLeagueofFriendsoftheBexhillHospital.Thetrusteeshavealsoexaminedotheroperational and
businessrisksfacedbytheCharityandconfirmthattheyhaveestablishedsystemstomitigatethe significant
risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1169175
Principal address
Sunbeams
41 Broad Oak Lane
Bexhill-on-Sea
East Sussex
TN39 4LG
Trustees
Chairman: Mr M Sivyer
Vice Chairman: Mr N Ray
Honorary Secretary: Mr J H T Dowling
Honorary Treasurer: Mr C J Ashford
Honorary Gift Aid Secretary: Mrs L J Walter
Mrs H K Chapman
Mr G Cox
Dr P D Dewhurst
Miss M J Dowling
Mrs H A Downton
Mrs P I Easton
Mr R Foxall
Mr G T Frost (resigned as Trustee on 11.07.24)
Mrs B Hollingsworth
Mrs A E Kerr
Miss H J Knight
Dr H P Kremer
Miss C A Madeley
Mr P G Mitchell-Davis
Mr R Poll
Mr N Ray
Mrs S Robinshaw
Mr P J Stiles
Ms A Turner (appointed as Trustee on 11.07.24)
M R Tysoe
Page 4
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Auditors
GMP Audit Limited, Statutory Auditor
20 Eversley Road
Bexhill on Sea
East Sussex
TN40 1HE
Solicitors
Gaby Hardwicke
2 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1EY
STATEMENT OF TRUSTEES' RESPONSIBILITIES
ThetrusteesareresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatements in
accordancewithapplicablelawandUnitedKingdomAccountingStandards(UnitedKingdom Generally
Accepted Accounting Practice).
ThelawapplicabletocharitiesinEnglandandWales,theCharitiesAct2011,Charity(Accountsand Reports)
Regulations2008andtheprovisionsofthetrustdeedrequiresthetrusteestopreparefinancial statements
foreachfinancialyearwhichgiveatrueandfairviewofthestateofaffairsofthecharityandofthe incoming
resourcesandapplicationofresources,includingtheincomeandexpenditure,ofthecharityforthat period.
In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonable accuracy
atanytimethefinancialpositionofthecharityandtoenablethemtoensurethatthefinancial statements
complywiththeCharitiesAct2011,theCharity(AccountsandReports)Regulations2008andthe provisions
ofthetrustdeed.Theyarealsoresponsibleforsafeguardingtheassetsofthecharityandhencefor taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 16 April 2025 and signed on its behalf by:
J H T Dowling - Trustee
Page 5
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
Opinion
WehaveauditedthefinancialstatementsofTheLeagueofFriendsofTheBexhillHospitalCIO(the 'charity')
fortheyearended31December2024whichcomprisetheStatementofFinancialActivities,the Balance
Sheet,theCashFlowStatementandnotestothefinancialstatements,includingasummaryof significant
accountingpolicies.Thefinancialreportingframeworkthathasbeenappliedintheirpreparationis applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 31 December 2024 and of its incoming resources and application of resources, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
WeconductedourauditinaccordancewithInternationalStandardsonAuditing(UK)(ISAs(UK)) and
applicablelaw.Ourresponsibilitiesunderthosestandardsarefurtherdescribedinthe Auditors'
responsibilitiesfortheauditofthefinancialstatementssectionofourreport.Weareindependentof the
charityinaccordancewiththeethicalrequirementsthatarerelevanttoourauditofthefinancial statements
intheUK,includingtheFRC'sEthicalStandard,andwehavefulfilledourotherethicalresponsibilities in
accordancewiththeserequirements.Webelievethattheauditevidencewehaveobtainedissufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
Inauditingthefinancialstatements,wehaveconcludedthatthetrustees'useofthegoingconcernbasis of
accounting in the preparation of the financial statements is appropriate.
Basedontheworkwehaveperformed,wehavenotidentifiedanymaterialuncertaintiesrelatingto events
orconditionsthat,individuallyorcollectively,maycastsignificantdoubtonthecharity'sabilityto continue
asagoingconcernforaperiodofatleasttwelvemonthsfromwhenthefinancialstatementsare authorised
for issue.
Ourresponsibilitiesandtheresponsibilitiesofthetrusteeswithrespecttogoingconcernaredescribedin the
relevant sections of this report.
Other information
Thetrusteesareresponsiblefortheotherinformation.Theotherinformationcomprisesthe information
includedintheAnnualReport,otherthanthefinancialstatementsandourReportofthe Independent
Auditors thereon.
Ouropiniononthefinancialstatementsdoesnotcovertheotherinformationand,excepttothe extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Inconnectionwithourauditofthefinancialstatements,ourresponsibilityistoreadtheother information
and,indoingso,considerwhethertheotherinformationismateriallyinconsistentwiththe financial
statementsorourknowledgeobtainedintheauditorotherwiseappearstobemateriallymisstated.If we
identifysuchmaterialinconsistenciesorapparentmaterialmisstatements,wearerequiredto determine
whetherthisgivesrisetoamaterialmisstatementinthefinancialstatementsthemselves.If,basedon the
workwehaveperformed,weconcludethatthereisamaterialmisstatementofthisotherinformation,we are
required to report that fact. We have nothing to report in this regard.
Page 6
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
Matters on which we are required to report by exception
WehavenothingtoreportinrespectofthefollowingmatterswheretheCharities(Accountsand Reports)
Regulations 2008 requires us to report to you if, in our opinion:
-
the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
-
sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
AsexplainedmorefullyintheStatementofTrustees'Responsibilities,thetrusteesareresponsiblefor the
preparationofthefinancialstatementswhichgiveatrueandfairview,andforsuchinternalcontrolas the
trusteesdetermineisnecessarytoenablethepreparationoffinancialstatementsthatarefreefrom material
misstatement, whether due to fraud or error.
Inpreparingthefinancialstatements,thetrusteesareresponsibleforassessingthecharity'sability to
continueasagoingconcern,disclosing,asapplicable,mattersrelatedtogoingconcernandusingthe going
concernbasisofaccountingunlessthetrusteeseitherintendtoliquidatethecharityortocease operations,
or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
WehavebeenappointedasauditorsunderSection144oftheCharitiesAct2011andreportin accordance
with the Act and relevant regulations made or having effect thereunder.
Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawholeare free
frommaterialmisstatement,whetherduetofraudorerror,andtoissueaReportofthe Independent
Auditorsthatincludesouropinion.Reasonableassuranceisahighlevelofassurance,butisnota guarantee
thatanauditconductedinaccordancewithISAs(UK)willalwaysdetectamaterialmisstatementwhen it
exists.Misstatementscanarisefromfraudorerrorandareconsideredmaterialif,individuallyorin the
aggregate,theycouldreasonablybeexpectedtoinfluencetheeconomicdecisionsofuserstakenon the
basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
-Discussionswithmanagementwhichincludedconsiderationofknownorsuspectedinstances of
non-compliance with laws and regulations and fraud.
-Reviewing,evaluatingandtestingsystemsandcontrolstoassesstheireffectivenesstopreventand detect
irregularities.
- Identifying, reviewing and testing of journal entries.
-Challengingassumptionsandjudgementsmadebymanagementinrespectofsignificant accounting
estimates.
Afurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedonthe Financial
ReportingCouncil'swebsiteatwww.frc.org.uk/auditorsresponsibilities.Thisdescriptionformspartof our
Report of the Independent Auditors.
Page 7
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
Use of our report
Thisreportismadesolelytothecharity'strustees,asabody,inaccordancewithPart4ofthe Charities
(AccountsandReports)Regulations2008.Ourauditworkhasbeenundertakensothatwemightstateto the
charity'strusteesthosematterswearerequiredtostatetotheminanauditors'reportandforno other
purpose.Tothefullestextentpermittedbylaw,wedonotacceptorassumeresponsibilitytoanyone other
thanthecharityandthecharity'strusteesasabody,forourauditwork,forthisreport,orforthe opinions
we have formed.
GMP Audit Limited, Statutory Auditor
20 Eversley Road
Bexhill on Sea
East Sussex
TN40 1HE
24 April 2025
Page 8
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Equipment & facility grants
Support costs
Expenditure on equipment for GP's surgeries
Other
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
Unrestricted
funds
£
930,968
37,482
175,344
1,143,794
18,523
176,779
5,904
10,493
493
212,192
931,602
3,706,672
4,638,274 |
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
1,279
1,279 |
2024
Total
funds
£
930,968
37,482
175,344
1,143,794
18,523
176,779
5,904
10,493
493
212,192
931,602
3,707,951
4,639,553 |
2023
Total
funds
£
53,202
21,870
112,197
187,269
10,540
237,846
-
8,462
107
256,955
(69,686)
3,777,637
3,707,951 |
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|
|
|
|
The notes form part of these financial statements
Page 9
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
BALANCE SHEET 31 DECEMBER 2024
Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Stocks
12
Debtors
13
Cash at bank
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Unrestricted
funds
£
12,129
2,330
172,900
4,720,771
4,896,001
(269,856)
4,626,145
4,638,274
4,638,274 |
Restricted
funds
£
-
-
-
1,279
1,279
-
1,279
1,279
1,279 |
2024
Total
funds
£
12,129
2,330
172,900
4,722,050
4,897,280
(269,856)
4,627,424
4,639,553
4,639,553
4,638,274
1,279
4,639,553 |
2023
Total
funds
£
9,853
1,321
72,178
3,844,297
3,917,796
(219,698)
3,698,098
3,707,951
3,707,951
3,706,672
1,279
3,707,951 |
|
|
|
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon16April 2025
and were signed on its behalf by:
M Sivyer - Trustee
C J Ashford - Trustee
The notes form part of these financial statements
Page 10
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period |
2024
£
707,629
707,629
(5,220)
175,344
170,124
877,753
3,844,297
4,722,050 |
2023
£
(151,120)
(151,120)
-
112,197
112,197
(38,923)
3,883,220
3,844,297 |
|
|
|
The notes form part of these financial statements
Page 11
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
ACTIVITIES |
|
|
|
2024 |
2023 |
|
£ |
£ |
Net income/(expenditure) for the reporting period (as per |
|
|
the Statement of Financial Activities) |
931,602 |
(69,686) |
Adjustments for: |
|
|
Depreciation charges |
2,944 |
2,374 |
Interest received |
(175,344) |
(112,197) |
Decrease/(increase) in legacies due |
(81,928) |
50,000 |
Increase/(decrease) in grants payable |
49,991 |
11,982 |
Increase in stocks |
(1,009) |
(1,002) |
Increase in debtors |
(18,794) |
(33,093) |
Increase in creditors |
167 |
502 |
Net cash provided by/(used in) operations |
707,629 |
(151,120) |
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank
Total |
At 1/1/24
£
3,844,297
3,844,297
3,844,297 |
Cash flow
£
877,753
877,753
877,753 |
At 31/12/24
£
4,722,050
4,722,050
4,722,050 |
|
|
|
|
The notes form part of these financial statements
Page 12
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102) (effective
1January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicable in
theUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshave been
prepared under the historical cost convention.
TheaccountshavebeenpreparedonaGoingConcernbasis.ThelegalstatusoftheCharity changed
toaCharitableIncorporatedOrganisationasdetailedintheTrusteesReport,wherebyallassets and
liabilities of the Charity transferred to the new Charity.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
Forlegacies,receiptisprobablewhentherehasbeengrantofprobate,theexecutorshave established
thattherearesufficientassetsintheestatetopaythelegacy,aftersettlinganyliabilities,and any
conditions attached to the legacy have either been met or are within the control of the charity.
Investmentincomeisrecognisedwhenitsreceiptisprobableandtheamountreceivablecan be
measured reliably.
Expenditure
Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that
aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedto particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
Allocation and apportionment of costs
All costs incurred relate to the one charitable activity of the charity.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Motor vehicles- 20% on reducing balance
Noprovisionfordepreciationhasbeenmadeonthebeachchaletasthebuildingis properly
maintained to standards that ensure that its residual value is not less than its book value.
Stocks
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowance for
obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
continued...
Page 13
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES - continued
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered.Prepaymentsarevaluedattheamountprepaidnetofanytradediscountsdue. Legacies
receivablearevaluedattheamountnotifiedasbeingreceivablebytheexecutors,onceprobate has
been grated and the amount can be measured reliably.
Cash at bank
Cash at bank includes cash and short term highly liquid investments.
Creditors
Creditorsandprovisionsarerecognisedwherethecharityhasapresentobligationresultingfrom a
pasteventthatwillprobablyresultinthetransferoffundstoathirdpartyandtheamountdue to
settletheobligationcanbemeasuredorestimatedreliably.Creditorsandprovisionsare normally
recognised at their settlement amount after allowing for any trade discounts due.
Grant income
Grant income has been recognised under the performance model.
Grantsthatdonotspecifyanyfutureperformance-relatedconditionsarerecordedwhenthe grant
proceedsarereceivedorreceivable.Anygrantthatimposesspecifiedfuture performance-related
conditionsisrecognisedonlywhentheperformance-relatedconditionsaremet.Grants received
before the revenue recognition criteria are satisfied are recognised as a liability.
2. DONATIONS AND LEGACIES
DONATIONS AND LEGACIES |
|
|
|
2024 |
2023 |
|
£ |
£ |
Donations ( including in memory of deceased relatives and |
|
|
friends) |
5,391 |
4,140 |
Tax refund on gift aid donations, subscriptions and legacies |
748 |
673 |
Legacies |
921,560 |
44,990 |
Subscriptions |
3,269 |
3,399 |
|
930,968 |
53,202 |
TheTrustbenefitsgreatlyfromtheinvolvementandenthusiasticsupportofitsmany volunteers,
detailsofwhicharegiveninourannualreport.InaccordancewithFRS102andtheCharities SORP
(FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
continued...
Page 14
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
3.
OTHER TRADING ACTIVITIES
Shop income
Buffet dance and raffle
Sale of Christmas cards
4.
INVESTMENT INCOME
Income from cash investments
5.
RAISING FUNDS
Other trading activities
Purchases
Buffet dance
Purchase of Christmas cards
Lottery registration fee
Craft fair stall
6.
CHARITABLE ACTIVITIES COSTS
Equipment & facility grants
Support costs
Expenditure on equipment for GP's
surgeries |
Direct
Costs
£
3,244
-
-
3,244 |
Grant
funding of
activities
(see note
7)
£
167,654
-
10,493
178,147 |
2024
£
32,092
5,081
309
37,482
2024
£
175,344
2024
£
16,691
1,638
174
20
-
18,523
Support
costs (see
note 8)
£
5,881
5,904
-
11,785 |
|
2023
£
20,080
1,790
-
21,870
2023
£
112,197 |
2023
£
20,080
1,790
- |
|
|
|
|
|
|
21,870 |
|
|
|
|
|
2023
£
10,508
-
-
20
12
10,540
Totals
£
176,779
5,904
10,493 |
2023
£
10,508
-
-
20
12 |
|
|
|
|
|
|
10,540 |
|
|
|
|
|
193,176 |
|
continued...
Page 15
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
7. GRANTS PAYABLE
Equipment & facility grants
Expenditure on equipment for GP's surgeries
The total grants paid to institutions during the year was as
follows:
Items authorised in earlier years and not purchased or reductions to
final costs
Wheelchair (B)
Little Common Surgery
Sidley Surgery
Bexhill PCN
Reception area chairs (B)
Chairs and Tables for Activity Hub
Conversion of redundant Irvine Unit Mortuary into Kitchen
Cental Concentrate Delivery System for Renal Dialysis Unit
Picnic Tables and Benches Oustide Rental Unit (B)
Transnasal Endoscopy Scopes x 3
Garden Lawn Mower
Garden Boxes
Garden Furniture Egerton Centre
Couches - MedisaveLittle Common Surgery
Defiberator and storage case
Air Seal
Telerehabilitation System
Lucas 3 Chest Compression System
Diabetic Eye Screen software
Sack System (C)
Sara Plus UK x 2 |
2024
£
167,654
10,493
178,147
2024
£
(25,376)
-
-
-
-
-
-
-
-
-
-
-
-
-
10,493
5,099
10,000
7,747
12,524
42,960
100,000
14,700
178,147 |
2023
£
223,868
8,462
232,330
2023
£
(173)
6,744
7,462
1,000
3,390
3,510
3,399
93,950
81,480
2,640
27,712
647
100
469
-
-
-
-
-
-
-
-
232,330 |
|
|
|
TheabovegrantsforequipmentwereapprovedaspayabletoEastSussexHospitalsNHSTrustfor (B)
Bexhill Hospital and (C) Conquest Hospital.
ThegrantscoverthecostsofimprovementsandamenitiesforpatientsandstaffatBexhill Hospital
andcontributionstowardsthecostofequipmentatBexhillHospitalandatotherhospitalsusedby the
people of Bexhill.
continued...
Page 16
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
8. SUPPORT COSTS
Management
£
Other resources
expended
-
Equipment & facility
grants
2,192
Support costs
-
2,192 |
Finance
£
325
-
-
325 |
Governance
Other
costs
£
£
-
168
3,194
495
-
5,904
3,194
6,567 |
Totals
£
493
5,881
5,904 |
|
|
|
12,278 |
Support costs, included in the above, are as follows:
Management
|
2024 |
2023 |
|
Equipment |
|
|
& facility |
Total |
|
grants |
activities |
|
£ |
£ |
Insurance |
805 |
763 |
Printing, postage & stationery |
886 |
435 |
Website costs |
101 |
85 |
Probate notifications |
400 |
159 |
|
2,192 |
1,442 |
Finance |
|
|
|
2024 |
2023 |
|
Other |
|
|
resources |
Total |
|
expended |
activities |
|
£ |
£ |
Bank charges |
325 |
107 |
Other |
|
|
|
2024 |
2023 |
|
Equipment |
|
|
& facility |
Total |
|
grants |
activities |
|
£ |
£ |
Patient's Christmas presents & volunteer |
|
|
party |
699 |
430 |
TV maintenance - Irvine Unit |
1,239 |
1,346 |
Chalet expenses |
1,256 |
1,350 |
|
3,194 |
3,126 |
continued...
Page 17
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
8. SUPPORT COSTS - continued Governance costs
Governance costs |
|
|
|
|
|
|
|
|
|
2024 |
2023 |
|
Other |
Equipment |
|
|
|
|
resources |
& facility |
Support |
Total |
Total |
|
expended |
grants |
costs |
activities |
activities |
|
£ |
£ |
£ |
£ |
£ |
Auditors' remuneration |
168 |
- |
5,904 |
6,072 |
5,652 |
Annual report and |
|
|
|
|
|
newsletters |
- |
495 |
- |
495 |
495 |
AGM expenses |
- |
- |
- |
- |
84 |
|
168 |
495 |
5,904 |
6,567 |
6,231 |
9. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024nor for
the year ended 31 December 2023.
Trustees' expenses
Duringtheyearpaymentstotalling£723(2023-£1,867)werepaidtothreetrustees as
reimbursementforChristmaspresentsforpatients,postage,stationery,purchasesfortheshop and
other committee expenses.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Equipment & facility grants
Expenditure on equipment for GP's
surgeries
Other
Total
NET INCOME/(EXPENDITURE) |
Unrestricted
funds
£
52,867
21,870
112,197
186,934
10,540
237,846
8,462
107
256,955
(70,021) |
Restricted
funds
£
335
-
-
335
-
-
-
-
-
335 |
Total
funds
£
53,202
21,870
112,197
187,269
10,540
237,846
8,462
107
256,955
(69,686) |
|
|
|
|
continued...
Page 18
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
3,776,693
944
TOTAL FUNDS CARRIED FORWARD
3,706,672
1,279
11.
TANGIBLE FIXED ASSETS
Beach
chalet
No. 21
Plant and
Motor
South
machinery
vehicles
£
£
£
COST
At 1 January 2024
355
-
45,289
Additions
-
5,220
-
At 31 December 2024
355
5,220
45,289
DEPRECIATION
At 1 January 2024
-
-
35,791
Charge for year
-
1,044
1,900
At 31 December 2024
-
1,044
37,691
NET BOOK VALUE
At 31 December 2024
355
4,176
7,598
At 31 December 2023
355
-
9,498
12.
STOCKS
2024
£
Shop stock
2,330 |
Total
funds
£
3,777,637 |
Total
funds
£
3,777,637 |
|
3,707,951 |
|
|
|
Totals
£
45,644
5,220
50,864
35,791
2,944
38,735
12,129
9,853
2023
£
1,321 |
continued...
Page 19
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments and accrued income
Legacies & donations receivable
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
Accruals for grants payable
15.
MOVEMENT IN FUNDS
At 1/1/24
£
Unrestricted funds
General fund
3,606,672
Designated fund
100,000
3,706,672
Restricted funds
Physiotherapy department - Irvine Unit
400
Renal Unit
879
1,279
TOTAL FUNDS
3,707,951
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
1,143,794
TOTAL FUNDS
1,143,794 |
|
2024
£
85,972
86,928
172,900
2024
£
5,712
264,144
269,856
Net
movement
in funds
£
931,602
-
931,602
-
-
-
931,602
Resources
expended
£
(212,192)
(212,192) |
2023
£
67,178
5,000
72,178
2023
£
5,544
214,154
219,698
At
31/12/24
£
4,538,274
100,000
4,638,274
400
879
1,279
4,639,553
Movement
in funds
£
931,602
931,602 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
continued...
Page 20
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
At 1/1/23
£
Unrestricted funds
General fund
3,676,693
Designated fund
100,000
3,776,693
Restricted funds
Physiotherapy department - Irvine Unit
400
Renal Unit
544
944
TOTAL FUNDS
3,777,637
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
186,934
Restricted funds
Renal Unit
335
TOTAL FUNDS
187,269 |
|
Net
movement
in funds
£
(70,021)
-
(70,021)
-
335
335
(69,686)
Resources
expended
£
(256,955)
-
(256,955) |
At
31/12/23
£
3,606,672
100,000
3,706,672
400
879
1,279
3,707,951
Movement
in funds
£
(70,021)
335
(69,686) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TheDesignatedfundisasetasideminimumreserveamountwhichtheTrusteesconsideris the
minimum amount required for the charity to operate.
ThePhysiotherapydepartment-IrvineUnitandRenalUnitfundsareamountsdonatedforthe specific
use in those departments.
continued...
Page 21
THE LEAGUE OF FRIENDS OF THE BEXHILL
HOSPITAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 22