``` 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`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`5`| |**`Report of the Independent Auditors`**|`6`|`to`|`8`| |**`Statement of Financial Activities`**||`9`|| |**`Balance Sheet`**||`10`|| |**`Cash Flow Statement`**||`11`|| |**`Notes to the Cash Flow Statement`**||`12`|| |**`Notes to the Financial Statements`**|`13`|`to`|`22`| ``` 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;` - `make judgements and estimates that are reasonable and prudent;` - `state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;` - `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` - `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` - `the financial statements are not in agreement with the accounting records and returns; or` - - `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`| |---|---|---|---|---| ``` 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 ```