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2020-07-31-accounts
| CONTENTS |
PAGES |
| Trustees'Report |
1to7 |
| Auditor'sReport |
8to10 |
| StatementofFinancialActivities |
11 |
| Balance Sheet |
12 |
| CashFlowStatement |
13 |
| Notes totheFinancialStatements |
14to18 |
| Management Schedules |
19to20 |
| ADMINISTRATIVE DETAILS |
|
| Charityregistrationnumber |
1172065 |
| Principaladdress |
Medway Maritime Hospital |
|
WindmillRoad |
|
Gillingham |
|
Kent |
|
ME7 5NY |
| Trustees |
JSpence |
|
D May |
|
Mrs E Norman |
|
STowsey |
|
MrsJHarsent |
|
CHS |
|
Mrs MCogger |
|
Ms H Belcher |
|
THiggins-appointed5September 2019 |
|
Mrs CHarvey- resigned13 May 2020 |
| Auditors |
Kreston Reeves |
|
Montague Place |
|
Quayside |
|
ChathamMaritime |
|
Chatham |
|
ME4 4QU |
| Bankers |
Lloyds Bankplc |
| STRUCTURE. GOVERNANCEAND |
MANAGEMENT |
| GoverninqDocument |
|
|
|
Unrestricted |
Restricted |
Restricted |
Total |
Total |
|
Notes |
fund |
funds |
|
2020 |
2019 |
|
|
tf, |
|
|
f |
t |
| INCOMEANDENDOWMENTS |
|
|
|
|
|
|
| Donations and legacies |
|
|
|
|
|
|
| -Transferof funds fromformer charity |
|
|
|
|
|
813,422 |
| -Donations |
|
12,487 |
|
|
12,487 |
16,453 |
| -Grants |
|
24,305 |
|
10,000 |
34,305 |
|
| Fundraising |
|
1,466 |
|
|
1,466 |
2,787 |
| lnvestmentincome |
|
|
|
|
|
|
| -lntereslondeposit accounts |
|
1,059 |
|
|
1,059 |
2,260 |
| lncomefrom charitableactivities |
|
|
|
|
|
|
| -Operation ofshopsandtrolley |
|
1,418,764 |
|
|
1,418,764 |
1,882,236 |
| TOTALINCOME |
|
1,458,081 |
|
10,000 |
1,468,081 |
2,716,758 |
| EXPENDITURE |
|
|
|
|
|
|
| Costsofraisingfunds |
|
103 |
|
|
103 |
210 |
| Expenditure oncharilable activities |
|
1,462,119 |
|
|
1,462,119 |
1,820,513 |
| TOTALEXPENDITURE |
|
1,462,222 |
|
- |
1,462,222 |
1,820,723 |
| l'lETINCOME |
|
(4,141) |
|
10,000 |
5,859 |
896,035 |
| Totalfundsbrought forward |
|
801,382 |
|
94,653 |
896,035 |
|
| TOTALFUNDSCARRIED FORWARD |
|
797,241 |
104,653 |
|
901,894 |
896,035 |
|
Notes |
2420 |
2019 |
|
|
|
E |
|
|
| FIXEDASSETS |
|
|
|
|
| Tangible fixedassets |
12 |
17,453 |
|
22,267 |
| CURRENT ASSETS |
|
|
|
|
| Stocks |
|
33,390 |
29,306 |
|
| Debtorsandprepayments |
|
6,169 |
4,220 |
|
| lnvestments |
|
96,185 |
95,835 |
|
| Cashatbankandin hand |
|
786,790 |
839,900 |
|
|
|
922,534 |
969,261 |
|
| CREDITORS:amountsfallingduewithin |
|
|
|
|
| oneyear |
|
|
|
|
| Tradecreditors |
|
23,109 |
90,179 |
|
| Taxationandsocial security |
|
3,517 |
|
|
| 0thercreditors |
|
11,4$7 |
5,314 |
|
|
|
38,093 |
95,493 |
|
| NET GURRENTASSETS |
|
884,441 |
|
873,768 |
| TOTAL ASSETSLESSCURRENT LIABILITIES |
|
90{,894 |
|
896,035 |
| FUNDS OF THECHARITY |
|
|
|
|
| Unrestrictedincome fund |
13 |
797,241 |
|
801,382 |
| Restrictedfunds |
13 |
104,653 |
|
94,653 |
| TOTALCHARIryFUNDS |
|
_ggu$. |
|
896,035 |
|
20?.0 |
2019 |
|
€ |
€ |
| Gashflowsfrom operating activities: |
|
|
| Cashgeneratedfrom operations(see below) |
(53,81e) |
93,253 |
| Netcashprovidedbyoperatingactivities |
(53,819) |
93,253 |
| Cashflowsfrominvesting activities: |
|
|
| Purchase oftangible lixedassets |
|
(20,353) |
| lnterestreceived |
1,059 |
2,2& |
| Netcash providedfrom(usedin) investingactivities |
1,059 |
(18,0S3) |
| Changein cashandcash equivalentsinthe |
|
|
| reporting period |
{52,764) |
75,160 |
| Cashand cashequivalents atthebeginningofthe |
|
|
| reportingperiod |
935,735 |
860,575 |
| Gashandcash equivalentsattheend ofthe |
|
|
| reporting period |
882,975 |
___935,735- |
|
2020 |
2019 |
|
I |
I |
| Net income forthereportingperiod(as perthestatementof |
|
|
| financialactivities) |
5,859 |
896,0s5 |
| Ad.iustments for: |
|
|
| Transferof funds fromformercharity |
|
(813,022) |
| Depreciation |
4,814 |
4,862 |
| lnterestreceived |
(1,059) |
(2,260) |
| lncreaseinstocks (2019:decrease) |
(4,084) |
2,868 |
| lncreaseindebtors |
(1,949) |
(776) |
| Decreaseincreditors {2019:increase) |
(57,400) |
5,546 |
| Netcash providedbyoperatingactivities |
_(53,81et |
93,2s3 |
|
Operationof |
|
|
|
|
|
shops and |
Grants |
Hospital |
Total |
Total |
|
trolley
t |
payable
€ |
Radio
f |
2020
€ |
2019
I |
| Shoppurchasesforresale |
881,060 |
|
|
881,060 |
1,178,806 |
| Wages and salaries(see note 9) |
275,673 |
|
|
275,673 |
228,778 |
| Purchaseofequipment and other |
|
|
|
|
|
| donations (seenote8) |
|
212,572 |
|
212,572 |
315,223 |
| Bank chargesand cash |
|
|
|
|
|
| processingfees |
21,M3 |
|
|
21,643 |
20,670 |
| Traveland motor expenses |
6,468 |
|
|
6,468 |
11,011 |
| Depreciation |
4,814 |
|
|
4,814 |
4,862 |
| Equipment maintenanceand |
|
|
|
|
|
| computer costs |
19,871 |
|
4,917 |
24,788 |
32,542 |
| Clothingcosts |
|
|
|
|
1,908 |
| Printingpostageand stationery |
3,069 |
|
|
3,069 |
3,471 |
| Telephoneandother costs |
1,243 |
|
2,190 |
3,393 |
3,204 |
| Governance andsupportcosts |
|
|
|
|
|
| (see note5) |
|
|
|
|
|
|
Charitable |
|
Total |
Total |
|
activities |
Governance |
2020 |
2019 |
|
t |
€ |
t |
t |
| Auditandaccountancy |
6,275 |
3,750 |
10,025 |
9,870 |
| Attend subscription andinsurance |
1,509 |
|
1,509 |
1,317 |
| Legal&Professionalfees |
|
12,995 |
12,995 |
779 |
| Staff entertaining |
2,732 |
|
2,732 |
2,853 |
| Rent |
1,007 |
|
1,407 |
4,872 |
| Bank charges |
371 |
|
371 |
347 |
|
1'1,894 |
16,745 |
28,639 |
20,038 |
|
2024
E |
2019t |
| lncome |
1,418,764 |
1,882,236 |
| Costs |
(1,238,051) |
|
| Netfunding for otheractivities |
180,713 |
383,670 |
|
|
|
2020 |
|
2019 |
|
|
|
I |
|
€ |
| Medway NHS Foundation |
Trust |
|
211,911 |
|
314,826 |
| Others |
|
@ |
661 |
@ |
397 |
GrantstoMedway NHS FoundationTrustare forthepurchaseo
services.Themajor itemsfundedinthisyearare: |
fequipmentand for the |
|
e |
| Laser System |
97,600 |
| 3RITAsystems |
19,485 |
| Ultrasoundscanner |
9,730 |
| 1ContinuousPositiveAirway Pressuremachine |
7,495 |
| Defibrillator |
7,266 |
| Beachchair- SunderlandTheatres |
6,616 |
| Dementiafriendlygarden |
6,240 |
| RefrigeratedCentrifuge |
5,435 |
| ECG machineandDinamap |
4,764 |
| Toysfor sensoryroom |
4,556 |
| Otheritemscostingless thanf4,500eachbid |
42,724 |
|
2020 |
2019 |
|
€ |
E |
| Wagesand salaries |
261,753 |
218,205 |
Socialsecurity costs
Employer's contributionto defined contributionpensionscheme |
3,778
fi,142 |
8,016
2,557 |
|
275,673 |
_228,rr8 |
|
2420 |
2019 |
|
I |
t |
| Auditing the accounts |
3,750 |
1,620 |
| Otherfinancialservicesincludingaccountancy, |
|
|
| payroll andtaxationreturns |
|
8,250 |
|
3,750 |
9,870 |
| Fixtures,fittingsandequipment |
€ |
| Cost |
|
| - at1August2019 and 31July2024 |
27jN |
| Depreciation |
|
| - at1August 2019 |
4,862 |
| -charge foryear |
4,814 |
| -at 31 July 2020 |
9,676 |
| Net book values |
|
| -at 31 July2020 |
_17,453 |
| -at 31 July 2019 |
22,267 |
|
General |
Restricted |
|
|
fund |
funds |
Total |
|
I |
€t |
|
| Balanceat1August2019 |
801,382 |
94,653 |
896,035 |
| Income |
1,458,O81 |
10,000 |
1,468,081 |
| Expenditure |
|
|
|
| Balanceat 31July2020 |
|
|
901,894 |
| Thefundsheld at theyear-enddate are as follows. |
|
|
|
| -Fixedassets |
17,453 |
|
17,453 |
| -Cash |
682,137 |
104,653 |
786,790 |
| -Netothercurrentassets |
|
|
97,651 |
| -Totalfunds |
|
104,653 |
|
|
2020 |
|
2019 |
|
|
|
|
|
f |
| INCOME |
|
|
|
|
| Main shop |
|
1,255,998 |
|
1,624,504 |
| Accident&Emergency |
|
114,169 |
|
156,518 |
| ABlock andTrolley |
|
M,167 |
|
101,214 |
| Wainscotl |
|
4,430 |
|
|
| JobRetention SchemeGrant |
|
14,305 |
|
|
| MedwayCouncilGrant |
|
10,000 |
|
|
|
|
1,443,069 |
|
1,882.236 |
| COST OFSALES |
|
|
|
|
| Opening stock |
29,306 |
|
32,174 |
|
| Purchasesforresale |
885,144 |
|
1,175,938 |
|
| Closingstock |
(33,3e0) |
|
(2e,306) |
|
|
|
881,060 |
|
1,178,806 |
| GROSSPROFIT |
|
562,009 |
|
703,430 |
| OTHER COSTS |
|
|
|
|
| Wages andsalaries |
271,895 |
|
226,221 |
|
| Pensions |
3,778 |
|
2,557 |
|
| Traveland motor expenses |
6,468 |
|
r,411 |
|
| Depreciation |
4,814 |
|
4,862 |
|
| Equipmentmaintenanceandrenewals |
17,201 |
|
22,s12 |
|
| Computercosts and sofiware support |
2,670 |
|
5,015 |
|
| Clothing costs |
|
|
1,908 |
|
| Cashcollection fees |
6,610 |
|
7,537 |
|
| Bank chargesand cashprocessingfees |
15,033 |
|
13,133 |
|
| Printingpostageand stationery |
3,069 |
|
3,471 |
|
| Telephone |
661 |
|
525 |
|
| Training |
542 |
|
444 |
|
| Sundries |
|
|
122 |
|
|
|
332,741 |
|
299,722 |
| SURPLUSOF INCOME OVER EXPENDITURE |
|
229,268 |
|
403,708 |
|
2020 |
|
2019 |
|
|
|
f, |
|
|
| INCOME |
|
|
|
|
| Donations |
|
2,320 |
|
5,086 |
| Fundraising |
|
'1,466 |
|
2,361 |
| Members'subscriptions |
|
192 |
|
281 |
| Lottery grant |
|
10,000 |
|
|
| Sundry income |
|
664 |
|
426 |
|
|
14,642 |
|
8,154 |
| EXPENDITURE |
|
|
|
|
| Studiocosts |
4,852 |
|
4,666 |
|
| Engineering andmaintenance |
|
|
51 |
|
| Music library |
65 |
|
298 |
|
| Telephone |
402 |
|
391 |
|
| Subscriptions |
738 |
|
566 |
|
| lnsurance |
538 |
|
509 |
|
| Fundraisingexpenses |
103 |
|
210 |
|
| Sundries |
512 |
|
243 |
|
|
|
7,214 |
|
6,934 |
| SURPLUSOF INCOMEOVEREXPENDITURE |
|
7,432 |
|
1,220 |
| TREASURERSACCOUNT |
|
|
|
|
|
2020 |
|
2019 |
|
|
|
|
|
I |
| INGOME |
|
|
|
|
| Donationsandlegacies |
|
9,3'r1 |
|
11,086 |
| Bankinterest |
|
1.059 |
|
2.264 |
|
|
10,370 |
|
13,346 |
| EXPENDITURE |
|
|
|
|
| GrantsanddonatedequipmenttoNHS |
211,911 |
|
314,826 |
|
| Other donations |
661 |
|
397 |
|
| Audit andaccountancy |
10,025 |
|
9,870 |
|
| Attend subscription and insurance |
1,509 |
|
1,317 |
|
| Legal&Professionalfees |
12,995 |
|
779 |
|
| Staffentertaining |
2,732 |
|
2,853 |
|
| Rent |
1,007 |
|
4,872 |
|
| Bankcharges |
371 |
|
347 |
|
|
|
241,211 |
|
335,261 |
| DEFICITOFINGOMETOEXPENDITURE |
|
(230,841) |
|
(321,9{5) |