CHARITY REGISTRATION NUMBER: 1183252 THE FRIENDS OF YORK HOSPITALS UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Townends
THE FRIENDS OF YORK HOSPITALS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 PAGES Trustee5' annual report 1106 Independent examiner's report to the tru51ees Slatement of financial aclivities Slatemenl of financial p0511ion Notes to the financial slalements 101015
THE FRIENDS OF YORK HOSPITALS TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 The trustees presenl their report and the unaudited financial stalements ol the charity for the yeor ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Regi$tered charlly name The Friends of York Hospitals Charlty reglstrollon number 1183252 Prlnclpal offlce Friends ol York Hospitals York Hospital Wigginlon Rood York Y0318HE THE TRUSTEES Mr H Syed Mr M Holl Ms M Lindholm Mr R Cryer Ms V Riley Mrs G E Gribbin Mrs S Holl Mrs R Miller Mrs R Clarke (Appointed 4 March 20251 IAppoinled 4 March 20251 Appointed 4 March 20251 Independent exomlner Miss T J Maeer of Townends Accountonls LLP Fullord Lodge l Heslinglon Lane Fullord York Y0104HW
THE FRIENDS OF YORK HOSPITALS TRUSTEES, ANNUAL REPORT (conllnu¢d) YEAR ENDED 31 MARCH 2025 INTRODUCTION The NHS continues to provide a valued service to the population, despile considerable financial con51roints. Staff have struggled to provide services with diminishing resources, leading to vacancies and relenlion i55ve5. Agoinsl thi5 chollenging backdrop, il has been on evenllul and busy 12 monlhs for the charity and the hospital. This has required the Friend5 trustees to be more pragmatic in how the charity has supported the hospital, working practicolly with managers and staff lo resolve issues Ihal are mvlually beneficial. The following Sections ol this report, ACHIEVEMENTS AND PERFORMANCE, OBJECTIVES AND ACTIVITIES and PLANS FOR FUTURE PERIODS. will give you a clearer insighl inlo the future envisioned lor the charity. STRUCTURE. GOVERNANCE AND MANAGEMENT The Friends of York H05pilols 15 a charitable incorporated organisotion registered with the Charity Commission in England and Wales under the charity number 1183252. It wos registered on 3 May 2019. The charity is monaged by a Committee ol Trustees. This consists ot the Choirperson, Honorary Treasurer and Honorary Secretary with not less than 3 ond nol more thon g oddilionol Trv51ees. No person shall be a Trustee who 15 not a member ol the Friends. A person may become a member of the Friend5 by virlue ol Iheir volunlory service.. in accordance with FOYH Constilulion Clause 12. Investment Pollcy The overoll aim is lo provide both rising capital and income volves. The Truslees delegate Ihe fund management duties lo independently appointed professional investment managers. The fund management provide qvarlerly updates which are used lo monitor on going performance. The investmenl policy will nexl be reviewed in Oecember 2025. Rlsk Management The Trustees have examined the major risks lo which the charily is exposed. in porticulor those related to the operolions and finance5 01 the Trust, and ore satisfied thal 5yStem5 are in place lo mitigate the exposure to these major risks.
THE FRIENDS OF YORK HOSPITALS TRUSTEES, ANNUAL REPORT {conllnued) YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Many of *h6 objectives Set in the lost annual report have been met.. slrenglhening the board's position by recruiting three new Iruslees with specific skill mixes, e.g. morkeling, fundraising, chairmonship; re-establishing the charity's presence and visibility within the hospital and increasing fundroi5ing lor future projects by holding regular table events ond estoblishing a Supermarkellslreet Fundraising Sub committee to prepare 0 2026 progromme ol events,. regular quarterly meetings have been eslabli5hed belween the charity's Treasurer ond Choir and the hospital's Head ol Corporate Finance and their team. This has reinforced the charity's lerms and conditions lor funding piojec15,' ie thol such funds are invoiced by the tru51 promptly and within a year ol approval.. il after which time the funding ha5 not been spentlinvoiced. the charity can exercise ils right to release its obligalion lo funding the project. This action has successfully cleared the longstanding invoice bocklog for funding and reduced Ihe delay in processing commilled expendilure to approved projects.. negotiation5 with the hospital lo establish exclusive volunteer roles for the chority have been completed successfully and a Friends volunleer now works in the staff shop. It is hoped Ihol further volunleers will be engaged in Ellerbys, the slalflvisilor's cafeteria, in Ihe near lulure. The reintroduction of the newspaper Iro116y services to wards has willing volunteers., however. the programme has been held up due lo problems obtaining a reliable newspaper supplier for Ihe service.. regular meetings with volunteers hove been focused on trialling Saturday evenls. It wos felt Ihat Ihis might increase allendance and hopefully the first will take place in September with the AGM,. some 5ucce5s wilh student volunteer engagement has proved this objective to be worth developing,. however, o plonned cooperalion with the volunleer hub needs to be worked through to ensure thal their current slafl complement is not ovemhelmed by applicants.
THE FRIENDS OF YORK HOSPITALS TRUSTEES. ANNUAL REPORT (conllnuedj YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE The charity has worked much more colloborotively wilh its network of other slakeholder contacts who make a similar contribulion lo patient experience and wellbeing. Exomples ol this is the cooperation with York Hospital Radio,. exchanging opportunities to promote the charily over their airways whilst supporting their fresh inilialives to meet the digital challenge5 of broadcasting to patients ond Ihe locol community. Also communicating with neighbouring Friends charitie5, Shoring experiences and celebroling jointly funded projects like the conlinuing, very successful 61h Form Medical Programme. This has meant a growth in volunteer5 generally as people respond lo Ihe expanding need lor recruits and return lo Ihe volunteer sector. In order to support the supervision ol volunteers.. the chority was able to slep in lo support the volunteer hub stall by funding a fixed term contracl for the Volunteer Coordinotor for o further yeor. Also, the charity recognised the need lo bolster slafl spirits al this unsellling time. Ils promotion of Ihe Chair's Fund to stall was part ol this recognition. Little was known about the fund amongst m051 staff and though ils offer of purchases up lo £IIX) is quite small, il is simple and quick and the purchase of a new kellle or some new cool hooks for their belongings, went a little way lo improving the 'day lo day, working experience for slafl and gave a general boost lo stall morale. FINANCIAL REVIEW The results lor the year are shown on pages 8 10 15. The support costs (item 9 page 131 which cover the doy-lo-doy expenses of the charily were £3,709. down on the previous year of £4,878. The investments (item IQ, page 131 did not perform a5 well Ihi5 yeor showing nel gains of only £2,817 ogain51 the previous year's gain of £20.076. These figures include income and fund growth. Our net assets Ipage 151 show o reduction of £38.478. Accumulated reserves are held lo fund future equipment purchases lo help achieve the charity's objects. The level ol expenditure varies each year and funds are built up lo allow the charity to purchose expensive items when Ihey are required.
THE FRIENDS OF YORK HOSPITALS TRUSTEES, ANNUAL REPORT (conllnued) YEAR ENDED 31 MARCH 2025 PLANS FOR FUTURE PERIODS As parl ol the Government's 10 year plan to improve public health ond reduce pressure on the heallhcore 5yslem ond hospit015 in porticular,. il aims to shift the NHS towards a more preventative approach,. moving from a reactive Irealmenl 5yslem lo one ol prooclive prevenlalive care. The NHS embarking on this shill are lacing a tough challenge,. shifting some ol the focus away from hospitals and more into empowering the community., diverting emphasis from sickness to prevention. The charity wishes to continue providing the hospital wilh p051tive ond effective support.. not simply funding bul olso educolion initialives in the community.. patient experience and involvemenl. Nevertheles5, this iniliative presents the chorily with some challenges ond o huge opportunity to bioaden ifs network and its sphere of influence, ils visibility in Ihe community.. fundraising and novel funding initiatives which will spring from thi5 new endeavour. The charity needs lo reflect on how il can continue lo bolh support Ihe hospital, whilst consolidating its own future security. By 5hifling Some of its own locus onto the new challenges in the community il can explore new funding networks it has not encountered in the post. Once again. the NHS will lace massive change and will have to odopl to this radical, new plan., $0, must the charity be prepored too. The outcome5 of which hopefully, will mean Ihat more care will be provided c105er to potients, homes and pressure wi51 be eased al the hospital's front door. By promoling healthy lileslyles and empowering individuols to lake control ol their health, Ihe new aims ol the NHS will influence our own aims and mission. i.e. lo serve patients by helping to improve the health and wellbeing ol their communities and reduce the burden ol chronic disease on hospitals. The immediote initiatives and areas identified, to develop lor chariloble support ore Ihose upon which the plon focu5e5'. Community Health Hubs GP Surgeries/Primary Care Services Community Phormacies Community Education Initiatives Prevention Programmes The hospital will conlinue to benefit from the charity's valuable support a5 il lulli115 115 aims to provide the best care lor the very sick. However, time needs lo be given to considering the chorily's core objective,. that ol preserving and prolecling the health ol lulure patients both in hospital and in the community ond estobli5hing how best to assist ond Serve il.
THE FRIENDS OF YORK HOSPITALS TRUSTEES, ANNUAL REPORT (conllnuedj YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees are responsible lor preparing Ihe Truslees Annual Report and the financial statement5 in accordance with applicable law and regulations and United Kingdom Accounting Stondord5 Iunited Kingdom Generolly Accepled Accounling Practice). The law applicable to charities in England and Wales requires the Trustees to prepare financial slolemenls for each financial year which give o true ond foir view of the state ol affairs ol the charity and of the incoming resources and applicalion ol resources ol the chorily lor Ihal period. In preparing Ihe5e financial statements, the Trustees are required to.. ' select suiloble accounting policie5 and then apply them consistently.. ' observe the methods and principles in Ihe Charities SORP.. ' make judgements and accounting eslimotes Ihot are reasonable and prudenl.. prepare the finoncial slalements on the going concern basis unless it is inoppropriote to presume thot the charily will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accurocy at any lime the linanciol position ol the charily and enable Ihem to ensure that the financial statemen15 comply with the Charities Act 2011, the Charity IAccounls and Reports) Regulation5 2008 and the provisions of Ihe trust deed. They are 0150 responsible lor safeguarding the assels of Ihe charily and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. The trustees, annual report wos approved on board of trustees by.. and signed on behalf of the Mrs G E Gribbin Truslee
THE FRIENDS OF YORK HOSPITALS INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE FRIENDS OF YORK HOSPITALS YEAR ENDED 31 MARCH 2025 I report lo Ihe truslees on my examinafion of Ihe financial Statements of The Friends ol York Hospitals I'the chorily'l lor Ihe year ended 31 March 2025. RESPONSIBILITIES AND BASIS OF REPORT As the trustees ol the chorily you ore responsible lor the preparation of Ihe linanciol slalements in occordance with the requiremen15 01 the Chorities Act 2011 I'the Act'i. I report in respect of my exomlnation ol the charity's financial slotements carried out under section 145 01 the 2011 Aol and in carrying out my examination I have followed oll the applicable Directions given by the Charity Commission under section 14515llbl of the Acl. INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confirm Ihot no malerial maller5 have come to my attention in connection with the exominalion giving me cause lo believe that in any material fespecl.. accounting records wer6 not kept in re5pecl ol Ihe charity as required by section 130 of the Act,. or the financial 51alements do not accord with Ihose record5- or the finoncial statements do not comply wilh Ihe opplicable requiremenls concerning the form ond content ol accounts set out in the Charities (Accounts and Reports) Regulotions 2008 other than any requiremenl that the accounts give a 'Irue and lairf view which is not a maller considered os port of on independent examinatiorn. I have no concerns ond have come across no other matlers in connection with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Miss T J Moeer of Townends Accountonts LLP Independent Examiner Fullord Lodge l Heslinglon Lane Fullord York YOIO 4HW
THE FRIENDS OF YORK HOSPITALS STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2025 2025 Unrestricted funds Tolol lunds Totol funds 2024 Note Income and endowments Donations and legacies Charitable oclivities Investment income 3,869 336 7,273 3.869 336 7.273 19.764 7,433 Total Income 11,478 11,478 27,197 Expendllvre Expendilure on charilable activities Tolol expendllure 52,773 52.773 64,042 52.773 52.773 64,042 Nel goins on investm6nls io 2.817 2.817 20,076 Nel expendlture ond net movemenl In funds 138,4781 138.4781 116,7691 Re¢onclliallon of funds Total lund5 brought forward Tolal funds carrled forward 212.079 212.079 228,848 173.601 173,601 212,079 The slalement ol financial activilies includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The notes on pages 10 to 15 form part of these Ilnonclal statements.
THE FRIENDS OF YORK HOSPITALS STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 2025 2024 Note FIXED ASSETS Investments 13 250.582 272.906 CURRENT ASSETS Deblors Cash at bank ond in hand 14 183 76 9,650 11,369 9,726 CREDITORS.. Amovnl$ falllng due wlthln one year NET CURRENT LIABILITIES 15 88,350 70,553 76,981 60.827 TOTAL ASSETS LESS CURRENT LIABILITIES 173,601 212.079 NET ASSETS 173.601 212,079 FUNDS OF THE CHARITY Unie51ricled funds 173.601 212,079 Total chorlty funds 16 173.601 212,079 These I. na cial slatements were approved by the board ol Iruslees and aulhorised for issue . and are signed on behalf of the board by.. Mrs G E Gribbin - Chair Trustee Mr M Hall- Honorary Treasurer Tru51ee The notes on paggs 10 to 15 form part of these flnanelal $tatèmenl$.
THE FRIENDS OF YORK HOSPITALS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 GENERAL INFORMATION The chority is a public benefit enlily and o charifable incorporated organisation registered with the Charity Commission in England and Wales. The address ol the principal office is Friends of York Hospitals, York Hospital. Wigginton Road, York, Y0318HE. STATEMENT OF COMPLIANCE These financial slotemenls have been prepared in compliance wth FRS 102, 'The Financial Reporling Slandard applicoble in the UK and the Republic of Irelond,. the Statement ol Recommended Proctice applicable to charitie5 preporing their accounts in accordance with the Financiol Reporting Standard opplicable in Ihe UK and Republic of Ireland IFRS 1021 Icharilies SORP IFRS 10211 ond the Charities Acl 2011. ACCOUNTING POLICIES (a) Basls ol preparallon The linanciol statements hove been prepared on the historicol G051 bo5is, as modified by the revalualion ol certain linoncial assets measured ot fair value through income or expendilure. The linoncial 51atements are prepared in 51erling, which is the functional currency of Ihe enlily. (b) Golng concern There are no material uncerlainlies aboul the charily's obilily lo continue. (c) Fund accountlng Unres*ricted funds are avoiloble for use at the discretion of the trustees lo further any of the charily's purposes. Restricted funds are subjected lo reslriclions on their expenditure declared by the donor or through the terms of an appeal. (d) Incomlng resources All income is included in the stalemenl of finoncial activities when entillement has passed lo the chorily. income from donations or grants is recognised when there 15 evidence of entillemenl to the gifl, receipt is proboble and ils amount can be meosured reliably. legacy income is recognised when receipt is probable and enlillement is established. investment income consists of interesl and dividends and is included when receivable. io
THE FRIENDS OF YORK HOSPITALS NOTES TO THE FINANCIAL STATEMENTS (conllnued) YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (conllnvedj (e) Resources expèndèd Liabilities are recognised as expenditure a$ 500n as there is a legal or conslruclive obligotion commilling the charity lo thot expenditure, il is probable Ihol selllemenl will be required and the amount ol obligation can be me05ured reliably. Expendilvie is recognised on an accruo15 basis as o liability is incurred. Expenditure include5 ony VAT which cannot be fully recovered, and is clo55ified under headings of the 51alement of financial activitie5 lo which il relates.. expenditure on raising funds includes the cost5 01 all fundraising aclivilies, events, non- chorilable trading activities, ond the sale of donated goods. expendilvTe on charitable activities include5 all costs incurred by a charity in undeitaking aclivities that further 115 charitable aims lor the benefit of it5 beneficiaries, including those supporl costs ond costs relating lo Ihe governance ol the charity apportioned lo choritable activities. other expendilure include5 all expenditure that is neilher related lo raising funds lor Ihe charity nor part of its expenditure on charitoble activilies. All cosls are alloooted to expenditure categories reflecting the use ol the resource. Direct costs ottribufable to a single activity are allocated directly lo Ihol activily. Shored costs ore approrlioned between the activities they contribule lo on a reasonable, justifioble and consistent bosis. [1) Investments Investmen15 are a form of basic linoncial instrument and are inilially recognised al Iheir Iransaclion value and subsequently measured al their fair value as al Ihe bolonce Sheet dole using the closing quoled market price. The stalemenl of financial aclivilies includes the net gains and losse5 arising on revaluation and disposals Ihroughoul the year. The charity does not acquire put options, derivatives or other complex financial in51rumenls. The main form of financial risk laced by the charity is that ol volotilily in equity markets ond investment markets due lo wider economic condilions, the altitudes ol inveslors to investment risk, ond changes in senliment concerning equities and wilhin porticular sectors or sub sectors. DONATIONS AND LEGACIES Unrestricted Total Fund$ Unrestricted Total Funds Funds 2025 Funds 2024 DONATIONS Donations and subscriptions Collections Gift aid 2,588 82 519 2,588 82 519 11,531 11,531 2.663 2.663
THE FRIENDS OF YORK HOSPITALS NOTES TO THE FINANCIAL STATEMENTS (conllnved) YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES (conllnuedj Unrestricted Total Funds Unreslricled Totol Funds Funds 2025 Fund5 2024 OTHER DONATIONS AND LEGACIES Rallles Legocie5 570 5,WO 570 5,0(X) 3.869 3,869 19,764 19,764 CHARITABLE ACTIVITIES Unreslricled Total Fvnds Unrestricled Total Funds Funds 2025 Funds 2024 Events 336 336 INVESTMENT INCOME Unreslricted Tolol Fvnd$ Unrestricted Total Funds Funds 2025 Funds 2024 Income from listed investments Bank inlere51 receivable 7,158 115 7,158 6,196 1,237 6,196 1,237 7,273 7,273 7.433 7,433 EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Project funding Support costs 49,064 3,709 49.064 3,709 59.162 4.880 59,162 4,880 52,773 52.773 64.042 64.042 EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE Aclivitie5 undertaken directly Support Total funds C051s 2025 Total fund 2024 Project funding Governance costs 49.064 49,064 3.709 59,162 4,880 3,709 49,064 3,709 52,773 64,042 12-
THE FRIENDS OF YORK HOSPITALS NOTES TO THE FINANCIAL STATEMENTS (Conllnved) YEAR ENDED 31 MARCH 2025 ANALYSIS OF SUPPORT COSTS Analy515 of Support costs Total 2025 Total 2024 Communications and IT General office 488 3,221 488 3.221 1,528 3,350 3,709 3,709 4.878 10. NET GAINS ON INVESTMENTS Unreslricfed Total Fund$ Unrestricted Total Funds Funds 2025 Funds 2024 Gains/llossesl on listed investment assets 2,817 2,817 20,076 20.076 I I. INDEPENDENT EXAMINATION FEES 2025 2024 Fees payable to Ihe independent examiner for.. Independent examination ol the financial statements 1,200 990 12. TRUSTEE REMUNERATION AND EXPENSES The members are all unpaid volunteers and neither they nor any persons connecled wilh Ihem received any expen5e5 or remuneration. 13. INVESTMENTS Cash or cosh Li51ed equivolenls inve51menls Total Cost or valvallon Al l April 2024 Additions Disposals Fair value movements 6,300 266.606 46.026 171.0721 2.816 272,906 46,026 171 1661 2,816 1941 At 31 March 2025 6,206 244.376 250,582 Impalrment At l April 2024 and 31 March 2025 Carrylng amount At 31 March 2025 6,206 244.376 250,582 At 31 March 2024 6,300 266,606 272,906 13-
THE FRIENDS OF YORK HOSPITALS NOTES TO THE FINANCIAL STATEMENTS (conllnued) YEAR ENDED 31 MARCH 2025 13. INVESTMENTS (conllnved) All investments Shown above are held at valuatlon. Flnanclol assets hald at falr value All investments ore carried at their lair value. Investments in equities and fixed interest securities are all Iraded on quoled public markels. primarily the London Stock Exchange. 14. DEBTORS 2025 2024 Prepayment5 and accnjed income 183 76 15. CREDITORS: Amovnls lalllng due wllhln one year 2025 2024 Accruals and deferred income Committed projects 1.321 87,029 990 69,563 88,350 70,553 Creditor5 and provisions are recognised where the charity hos o present obligation re5ulling from o past event thot will probably result in the Ironsfer of funds to a third party and the amounl due to settle the obligation can be measured or estimaled reliably. Creditors and provisions are normally recognised al their selllemenl amount oller allowing lor any trade discounts due. 16. ANALYSIS OF CHARITABLE FUNDS Unrestrlcted funds At Gain5 ond 31 March 20 losses 25 At l April 2024 Income Expendilvre General funds 212,079 11,478 152,7731 2.817 173,601 Al Al l April 2023 Goin5 and 31 March losses Income Expenditure 24 General funds 228.848 27,197 164.0421 20.076 212,079 14
THE FRIENDS OF YORK HOSPITALS NOTES TO THE FINANCIAL STATEMENTS {contlnu¢dJ YEAR ENDED 31 MARCH 2025 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unreslricted Total Funds Funds 2025 Investment5 Current a55els Creditors less than l year Net ossets 250,582 11,369 188.3501 173,601 250.582 11.369 188,3501 173,601 Unre51ricted Total Funds Funds 2024 Investments Current assets Creditors less than l year Nel us$et5 272.906 9.726 170,5531 212,079 272,906 9,726 170,5531 212,079 15