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|CONTENTS|PAGES|
|---|---|
|Trustees'Report|1to7|
|Auditor'sReport|8to10|
|StatementofFinancialActivities|11|
|Balance Sheet|12|
|CashFlowStatement|13|
|Notes totheFinancialStatements|14to18|
|Management Schedules|19to20|
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|ADMINISTRATIVE DETAILS||
|---|---|
|Charityregistrationnumber|1172065|
|Principaladdress|Medway Maritime Hospital|
||WindmillRoad|
||Gillingham|
||Kent|
||ME7 5NY|
|Trustees|JSpence|
||D May|
||Mrs E Norman|
||STowsey|
||MrsJHarsent|
||CHS|IK|
||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||
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|||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_|
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||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|
##
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||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|
##
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||2420|2019|
|---|---|---|
||I|t|
|Auditing the accounts|3,750|1,620|
|Otherfinancialservicesincludingaccountancy,|||
|payroll andtaxationreturns||8,250|
||3,750|9,870|
##
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|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||
##
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||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)|