Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025
Supporting Critically ill Children from across the South of England and the Channel Islands
REGISTERED CHARITY NUMBER: 1183373
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
INDEX
| Page | |
|---|---|
| Legal and Administration Information | 1 |
| Trustees Report | 2 - 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 - 15 |
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
LEGAL AND ADMINISTRATION INFORMATION
Charity Number: CIO No. 1183373 Registered Office: Mailpoint 27, Level D, Centre Block University Hospital Southampton Tremona Road Southampton SO16 6YD Trustees: Dr Iain Macintosh (Chair) Mr Stephen Hyde (Treasurer) Mrs Francesca Mahon Mr Darren May Mrs Verity Saxon Mrs Clare McGill-Sharpe (appointed 3rd April 2025) Principal Bankers: Lloyds Bank 120 Lewisham High Street Lewisham London SE13 6JG Independent Examiner: TC Group 3 Acorn Business Centre Northarbour Road Cosham Portsmouth PO6 3TH
Page 1
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
The Trustees present their report and accounts for the year ended 31st March 2025. The Trustees have adopted the provision of Accounting and Reporting by Charities Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Management
Friends of PICU is a registered charity, CIO No. 1183373 and is governed by its Constitution which was adopted on 13th May 2019.
Trustees
The Trustees are responsible for the overall governance of Friends of PICU and meet regularly throughout the year. The number of Trustees cannot be fewer than three. The Recruitment and Selection Process is the responsibility of the Trustees, using a recruitment process approved by all Trustees. Trustees are bound by a signed Code of Conduct. All Trustees give their time freely and no Trustee remuneration is paid.
During the financial year ended 31[st] March 2025, no Trustees stepped down and shortly after the year end a new Trustee was welcomed, Mrs Clare McGill-Sharpe, who works in the charity sector and brings significant experience of charity governance. The number of Trustees is now six.
Delegation
The Trustees delegate responsibility for the day-to-day administration of the charity to the Operations Manager who liaises regularly with the Chairman and all Trustees.
Risk Management
The Trustees continue to be mindful of risks to which the charity may be exposed and continue to monitor systems and procedures in place to manage any risk. Adequate insurance policies are in place to cover this.
Objectives and Activities
Our Charity Objects are to relieve the suffering and facilitate the care of patients and families of the Paediatric Intenstive Care Unit (PICU) at University Hospital Southampton, either directly for patients and families or indirectly through supporting the work of the PICU and its attendant services, by providing or assisting in providing equipment, facilities and services not routinely or immediately available in the regular provision.
Friends of PICU contributes to every part of the care that the unit provides and no patient will pass through PICU without being helped by equipment, services and resources that Friends of PICU has purchased and donated, or benefiting from the additional nursing training and education that the charity pays for.
Public Benefit
The Charity provides a benefit to the public through the provision of support to the children, their families and the PICU by providing vital equipment, resources, nurse training and education that the charity pays for.
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. The activities of the charity are available to all beneficiaries connected with the Paediatric Intensive Care Unit.
Volunteers
Friends of PICU receives the support of volunteers who provide help and support to the fundraising and administration activities of the charity, and who give their time freely. As a small charity, the support of the volunteers is very much appreciated and helps the charity to achieve its aims and objectives. During the year the charity welcomed new volunteers.
Achievements for the Year
Friends of PICU has steadily increased its income over its lifespan and this year was no exception. We generated more income than last year without increasing our costs. This is down to our own activities as well as those of our generous and energetic independent fundraisers, community supporters and local businesses. Also we have more actively managed our savings and under the supervision of our Treasurer we now have an additional savings income stream. None of our activities would be possible without our community and corporate supporters. In particular we would like to thank Haskins Garden Centre West End, Barratt Homes, Zurich Community Trust, Hall & Woodhouse and Hilton Southampton - Utilita Bowl. The latter’s involvement has created, over the last two years, a wonderful and immensely popular Christmas Party aimed at families who have been through PICU.
Supporting families is at the heart of what we do and we are delighted to still fund the Family Liaison post, which has proved to be more important than we had ever imagined. A constant helping presence at that time of stress and confusion has been welcomed by all.
Page 2
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Thanks to the incredible fundraising support of one family, we have been able to commit to the funding of PICU nurse training for a number of years, for which the PICU Matron is extremely grateful. We know that the parents deeply value the nurses and to be able to express this in their development is something we take pride in.
We continue to purchase equipment that has supported some of the most significant improvements in PICU. ECMO and ultrasound, which are key areas in the unit have received more support. The application of both of these technologies has become increasingly important in Paediatric Intensive Care and the financial support of the charity has ensured that there is no barrier to further upgrade and expansion. We have funds reserved for a replacement retrieval ambulance and for the refurbishment of the parent accommodation. Most people coming to the unit will see our new Infographic which shows a lot of the equipment and its uses. Friends of PICU, as well as funding many of the items, funded the Infographic which really helps parents understand what the multiple items are for.
Future Plans
We are finally on the brink of refurbishment of the accommodation. This was put on hold because of soaring costs. A more modest, but better value for money project has been agreed and we hope to complete it in early 2026. Alongside the Infographic, we have also agreed to fund new artwork for the unit and look forward to it also being in place at the beginning of 2026. As I have said, the Family Liaison has been a very successful and meaningful project. We are looking at expanding our support for this role. In every way, whether it is how the unit looks, where families sleep, how they are supported and how the doctors and nurses deliver their skills, Friends of PICU helps.
FINANCIAL REVIEW
Principal Funding Sources
During the financial year, the charity received donations and these resources allowed the charity to continue to deliver its objectives and expenditure is in line with the financial donations received.
Reserves Policy
Each year the charity's Trustees consider the appropriate level of general reserves needed to sustain the charity. It is the intention of the Trustees to hold sufficient general reserves to enable the charity to meet its commitments and to manage reductions in its expenditure should the charity suffer a sustained fall in its income. The Trustees have assessed that general reserves should be at least four months running costs, which at 31st March 2025 amounted to circa £25,000.
The charity holds financial reserves to support its future activities in a number of categories, see notes 9, 10 and 11 within these financial statements.
13/01/2026 ….............................................................. Dr I Macintosh (Chairman)
Page 3
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF FRIENDS OF PICU
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31st March 2025 which are set out on pages 5 to 15.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a
-
matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
13/01/2026 Signed:…....................................................................... Dated:…................................................................. James Blake FCA
for and on behalf of TC Group
3 Acorn Business Centre, Northarbour Road, Cosham, Portsmouth PO6 3TH
Page 4
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31st MARCH 2025
| Notes INCOMING RESOURCES Donations and legacies 2 Other trading activities 2 Investment income 2 TOTAL INCOMING RESOURCES EXPENDITURE Expenditure on raising funds 3 Expenditure on charitable activities 3 TOTAL EXPENDITURE NET MOVEMENT IN FUNDS TOTAL FUNDS brought forward 11 TOTAL FUNDS carried forward 11 |
Restricted Unrestricted Funds Funds Total £ £ £ 5,548 243,006 248,554 - 900 900 - 33,165 33,165 5,548 277,071 282,619 - 65,047 65,047 9,575 107,312 116,887 9,575 172,359 181,934 (4,027) 104,712 100,685 22,760 807,312 830,072 18,733 912,024 930,757 2025 |
2024 |
|---|---|---|
| Total £ 248,905 1,626 6,813 |
||
| 257,344 67,340 217,330 |
||
| 284,670 | ||
| (27,326) 857,398 |
||
| 830,072 |
Page 5
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
BALANCE SHEET
AS AT 31st MARCH 2025
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Stock Debtors 6 Cash at bank and in hand TOTAL CURRENT ASSETS CURRENT LIABILITIES Creditors due within one year 7 TOTAL CURRENT LIABILITIES NET ASSETS FUNDS Restricted Funds 9 Unrestricted - General Funds 10 Unrestricted - Designated Funds 10 TOTAL FUNDS 11 |
Restricted Unrestricted Funds Funds Total £ £ £ - 972 972 - 11,123 11,123 - 5,802 5,802 18,733 903,670 922,403 18,733 920,595 939,328 - 9,543 9,543 - 9,543 9,543 18,733 912,024 930,757 18,733 - 18,733 - 95,839 95,839 - 816,185 816,185 18,733 912,024 930,757 2025 |
2024 |
|---|---|---|
| Total £ 1,404 |
||
| 13,382 3,157 825,688 |
||
| 842,227 | ||
| 13,559 | ||
| 13,559 | ||
| 830,072 | ||
| 22,760 163,863 643,449 |
||
| 830,072 |
13/01/2026
The financial statements on pages 5 to 6 were approved by the trustees on…................................ and signed on their behalf by:
…..............................................
Dr I Macintosh (Chairman)
Page 6
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
1. Accounting policies
a) Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
b) Going concern
The accounts have been prepared under the going concern basis. There are no material uncertainties about the charity's ability to continue.
c) Fund accounting
Funds held by the charity are either:
-
Unrestricted funds: These are funds that can be used in accordance with the charitable objects at the discretion of the Trustees.
-
Designated funds: These are funds which have been designated by the Trustees for a particular purpose.
-
Restricted funds: These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
d) Income
Voluntary income is recorded as received.
Tax reclaims from Gift Aid are included at the same time as the gift to which they relate where possible. All other claims are included periodically during the year.
Investment income is recorded as received.
e) Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. It includes any VAT paid.
Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Staff costs are split on a proportion of time spent on activities - 70% on raising funds and 30% on charitable activities. Certain other costs which are attributable to more than one activity are apportioned across cost categories on the basis of the proportion of resource allocated to those activities.
f) Tangible fixed assets and depreciation Tanglible fixed assets are stated at cost, being purchase price plus any incidental costs of acquisition, less depreciation. Depreciation is provided at a rate calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Equipment - 20% straight line
Page 7
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
| 2. | Incoming Resources Donations and legacies Donations received Fundraising income Gift Aid Other trading activities Merchandise sales Investment income Bank interest received |
2025 2024 Restricted Unrestricted Funds Funds Total Total £ £ £ £ 1,848 107,193 109,041 142,672 3,700 113,563 117,263 83,811 - 22,250 22,250 22,422 - 900 900 1,626 - 33,165 33,165 6,813 |
|---|---|---|
| 5,548 277,071 282,619 257,344 |
3. Expenditure
| Raising funds Unrestricted Funds £ Directly attributable costs - raising funds 20,716 Directly attributable costs - charitable activities - Support costs Staff costs 31,720 Professional fees and insurance 310 Website and computer costs 1,683 Bank charges and donation platform fees 5,616 Store rental 2,898 Volunteer expenses 438 Printing, postage and stationery 707 Office expenses - Subscriptions 137 Telephone 352 Staff training - Other support costs 38 Depreciation 432 65,047 |
Raising funds Unrestricted Funds £ Directly attributable costs - raising funds 20,716 Directly attributable costs - charitable activities - Support costs Staff costs 31,720 Professional fees and insurance 310 Website and computer costs 1,683 Bank charges and donation platform fees 5,616 Store rental 2,898 Volunteer expenses 438 Printing, postage and stationery 707 Office expenses - Subscriptions 137 Telephone 352 Staff training - Other support costs 38 Depreciation 432 65,047 |
2025 2024 Unrestricted Restricted Funds Funds Total Total £ £ £ £ - - 20,716 19,450 81,736 9,575 91,311 190,124 13,594 - 45,314 50,108 7,891 - 8,201 8,377 586 - 2,269 2,271 - - 5,616 6,164 2,898 - 5,796 5,484 109 - 547 102 77 - 784 841 - - - 289 147 - 284 269 151 - 503 701 51 - 51 25 72 - 110 33 - - 432 432 Charitable activities |
|---|---|---|
| 65,047 | 107,312 9,575 181,934 284,670 |
4. Staff costs
The average number of staff employed during the year was 2 (2024: 2). Salary costs during the year amounted to £44,301 (2024: £48,984) and pension costs totalled £1,013 (2024: £1,124).
No employee received emoluments of £60,000 or more during this year or the previous year.
Page 8
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
5. Tangible Fixed Assets - for charity's own use
| Cost At 1st April 2024 At 31st March 2025 Depreciation At 1st April 2024 Charge in the year At 31st March 2025 Net book value At 31st March 2025 At 31st March 2024 6. Debtors Other debtors Prepayments 7. Creditors - amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
Equipment Total £ £ 2,160 2,160 |
|---|---|
| 2,160 2,160 |
|
| 756 756 432 432 |
|
| 1,188 1,188 |
|
| 972 972 |
|
| 1,404 1,404 |
|
| 2025 2024 £ £ 5,060 2,455 742 702 |
|
| 5,802 3,157 |
|
| 2025 2024 £ £ 406 1,727 837 882 8,300 10,950 |
|
| 9,543 13,559 |
Page 9
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
8. Grant Commitments
| Hospital equipment and support expenditure during the year Bereavement Resources Distraction Arts and Crafts Materials Retrieval Service Jackets Bereavement Services and end-of-life care items Family Liaison & Bereavement Care Sister Post Staff and volunteer wellbeing Accent Lighting to existing cubicles on PICU Accent Lighting to new cubicles on PICU Family Support Fund Landings Monitoring System for patients on ECMO Support Central Monitoring System Retrieval Ambulance Service OH Trolley Bags, Pouches & Airway Bags Purchase of AMBU Bronchoscopy Screen & A-Scope Purchase of Ferno Pegasus Trolley Purchase of X-Series Monitor & Defibrillator Refreshments for Parents and Families Bereavement Bags and Books Sensory items Miscellaneous items purchased for PICU PICU Parent Pack Pens Fans and Air Coolers for Parent Accommodation Rooms Education and Training Fund Portable Ultrasound PICU Psychology Weekly Meeting Refreshments PICU Unit Renovation Artworks and Infographic Board Breas Clearway 2 Cough Assist Machine GRF139 - 2x Panasonic Toughbooks Mother's Day & Father's Day Gifts for Parents Easter Eggs for Patients Grants payable charged to the SOFA during the year Grants payable Balance b/fwd @ 1st April 2024 Grants payable charged to the SOFA during the year Grants paid during the year Grants pledged @ 31st March 2025 |
2025 2024 £ £ 220 57 83 43 - 156 - 1,926 40,500 51,367 387 178 - 17,192 - 26,153 2,650 2,693 - 35,000 - 20,320 - 2,995 - 5,015 - 5,640 - 17,934 810 191 275 177 - 457 987 846 407 - 605 - 5,000 - 27,000 - 12 - 1,451 - 3,286 - 5,746 - 288 - 54 - |
|---|---|
| 89,761 188,340 |
|
| 2025 2024 £ £ - - 89,761 188,340 (89,761) (188,340) |
|
| - - |
In addition to the above, the trustees had also approved the following grants as at 31st March 2025. These are not accrued for within these financial statements as the charity still had control of these funds at 31st March 2025.
Page 10
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
8. Grant Commitments (continued)
| Grants approved Hospital equipment and support expenditure PICU Parent Accommodation Renovations Video Support for Families of New Patients PICU Staff Wellbeing Distraction Arts and Crafts Materials Funding Contribution to Salary Band CNS Refreshments for Parents and Families Bereavement Resources Family Liaison & Bereavement Care Sister Post Education & Training Fund Breas Clearway 2 Cough Assist Machine Portable Ultrasound The JK PICU Nurse Training & Education Fund Family Support Fund Purchase of Retrieval Ambulance Bereavement Bags and Books Retrieval Ambulance Service 2x Panasonic Toughbook Monitoring Systems PICU Admission and Information Pack for Families Sensory Lights and Equipment Charity Office Furniture/Refurbishment Fundraising Materials - Collection Pots Charity CRM Database Charity Laptop PPP Fund PICU Unit Renovation Artworks and Infographic Board PICU Psychology Weekly Meeting Refreshments 2x Sentec Transcutaneous CO2 Monitors Grant pledges committed but not accrued at 31st March 2025 |
2025 2024 £ £ 500,000 500,000 1,000 1,000 - 347 741 824 10,000 10,000 390 200 804 24 79,408 81,000 - 5,000 - 3,943 - 32,400 23,442 16,510 3,582 1,232 170,875 48,626 731 1,006 - 10,000 - 6,897 1,000 1,000 240 - 2,500 - 1,118 - 5,000 - 1,000 - 1,000 - 8,739 - 248 - 23,100 - |
|---|---|
| 834,918 720,009 |
Page 11
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
9. Restricted Funds
| Bereavement Bags and Books Retrieval Ambulance Service PICU Parent Accommodation Renovations Breas Clearway 2 Cough Assist Machine 2x Panasonic Toughbook Monitoring Systems PICU Admission & Information Pack for families Family Liaison & Bereavement Care Sister Post Sensory Lights & Equipment |
Funds Funds b/fwd Income Expenditure Transfers c/fwd £ £ £ £ £ 1,006 - (275) - 731 10,000 - - - 10,000 3,062 3,700 - - 6,762 795 - (1,947) 1,152 - 6,897 - (5,745) (1,152) - 1,000 - - - 1,000 - 1,608 (1,608) - - - 240 - - 240 |
|---|---|
| 22,760 5,548 (9,575) - 18,733 |
Bereavement Bags and Books
Funds received from donors specifically for the purpose of providing bereavement bags and books.
Retrieval Ambulance Service
Funds received from donors specifically for the purpose of funding a new Retrieval Ambulance.
PICU Parent Accommodation Renovation Project
Funds received from donors specifically for the purpose of contributing towards the cost of renovating the accommodation area opposite PICU which is for families of children on PICU, to provide an improved setup/layout for parents and families, and their visitors, when caring for/being with their child on PICU.
This income was derived from a charity fundraising event.
Breas Clearway 2 Cough Assist Machine
Funds received from donors specifically for the purpose of contributing towards the purchase of a Breas Clearway 2 Cough Assist machine.
2x Panasonic Toughbook Monitoring Systems
Funds received from donors specifically for the purpose of purchasing two Panasonic Toughbook Monitoring Systems.
PICU Admission & Information Pack for families
Funds received a donor specifically for the purpose of producing PICU Admission and Information Packs for families.
Family Liaison & Bereavement Care Sister Post
Funds received from donors specifically for the purpose of contributing towards the financing of the Family Liaison and Bereavement Care Sister Post.
Sensory Lights & Equipment
Funds received from donors specifically for the purpose of providing sensory lights and equipment for the PICU Unit.
Page 12
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
| 10. | Unrestricted Funds | |||||
|---|---|---|---|---|---|---|
| Funds | Funds | |||||
| b/fwd | Income | Expenditure | Transfers | c/fwd | ||
| £ | £ | £ | £ | £ | ||
| General Funds | 163,863 | 261,776 | (92,302) | (237,498) | 95,839 | |
| Designated Funds | ||||||
| PICU Parent Accommodation Renovations | 496,938 | - | - | (3,700) | 493,238 | |
| Family Support Fund | 1,232 | - | (2,650) | 5,000 | 3,582 | |
| Video Support for Families | 1,000 | - | - | - | 1,000 | |
| PICU Staff Wellbeing | 347 | - | (387) | 40 | - | |
| Distraction Art & Crafts Materials | 824 | - | (83) | - | 741 | |
| Funding Contribution to Salary Band & CNS | 10,000 | - | - | - | 10,000 | |
| Family Refreshments | 200 | - | (810) | 1,000 | 390 | |
| Bereavement Resources | 24 | - | (220) | 1,000 | 804 | |
| Family Liaison & Bereavement Care Sister Post | 27,000 | 1,608 | (40,500) | 91,300 | 79,408 | |
| Purchase of Retrieval Ambulance | 48,826 | 1,755 | - | 110,294 | 160,875 | |
| The JK PICU Nurse Training & Education Fund | 16,510 | 11,932 | (5,000) | - | 23,442 | |
| Education & Training Fund | 5,000 | - | - | (5,000) | - | |
| Breas Clearway 2 Cough Assist Machine | 3,148 | - | (1,339) | (1,809) | - | |
| Portable Ultrasound | 32,400 | - | (27,000) | (5,400) | - | |
| Charity Office Furniture/Refurbishment | - | - | - | 2,500 | 2,500 | |
| Fundraising Materials - Collection Pots | - | - | - | 1,118 | 1,118 | |
| Charity CRM Database | - | - | - | 5,000 | 5,000 | |
| Charity Laptop | - | - | - | 1,000 | 1,000 | |
| PPP Fund | - | - | - | 1,000 | 1,000 | |
| PICU Unit Renovation Artworks and Infographic Board | - | - | (1,451) | 10,190 | 8,739 | |
| Fans and Air Coolers - Parent Accommodation Rooms | - | - | (605) | 605 | - | |
| PICU Psychology Weekly Meeting Refreshments | - | - | (12) | 260 | 248 | |
| 2x Sentec Transcutaneous CO2 Monitors | - | - | - | 23,100 | 23,100 | |
| 643,449 | 15,295 | (80,057) | 237,498 | 816,185 |
PICU Parent Accommodation Renovation Project
To renovate the accommodation area opposite PICU which is for families of children on PICU, to provide an improved setup/layout for parents and families, and their visitors, when caring for/being with their child on PICU.
Family Liaison & Bereavement Care Sister Post
Three year funding of this new post on PICU. The postholder is responsible for supporting families throughout their stay on PICU and beyond. Additionally, they lead bereavement on PICU and support families through end-of-life care and the bereavement process, adhering to government statutory requirements and guiding families through the child death review process. The postholder is an integral part of the PICU journey and acts as an advocate for all families during their stay. It was agreed by the Trustees in March 2025 that this funding be extended for a further seven months until March 2026.
Page 13
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
10. Unrestricted Funds (continued)
Purchase of Retrieval Ambulance
The funding of a new ambulance for use by SORT Southampton Team for the retrieval of sick children from across the region needing treatment and care by PICU.
The JK PICU Nurse Training & Education Fund
An Education & Training rolling yearly funding for the PICU nursing team and allied health professionals employed/affiliated on PICU, for PICU specific education and training courses at local, regional and national levels related to individual job plans, and to enhance and develop individuals knowledge and skills with the aim of improving the delivery of evidence-based, world class care to all PICU patients.
Breas Clearway 2 Cough Assist Machine
The funding of a device used to augment a patient's cough when the patient is not strong enough to clear secretions. The equipment will benefit the patients by helping them clear secretions when they are unwell with a respiratory illness. This can help them recover sooner, or if used early enough, prevent them from getting as sick. This may result in a shorter hospital stay and less severe illness.
Portable Ultrasound
The funding of a portable ultrasound machine offering an enhanced imaging experience to aid multiple procedures. As well as being used in PICU, the ultrasound will also be used by the Retrieval Team. Using modern bedside imaging technology enables PICU to deliver high quality paediatric intensive care right at the point of need.
PICU Unit Renovation Artworks and Infographic Board
The funding of an Infographic Board that uses simple, iconic illustrations and straightforward descriptions to help families, carers and patients understand the equipment used in the Intensive Care environment. This improved understanding may help reduce anxiety and is also a useful tool for medical staff in explaining functions and procedures.
2x Sentec Transcutaneous CO2 Monitors
The funding of two Transcutaneous CO2 Monitors to assist with reducing the amount of blood tests patients may need. In particular these monitors assist patients who need a longer period of non-invasive ventilation support or those patients where there is difficulty inserting sample lines.
These machines give a reliable reading of CO2 through skin probes, allowing the PICU team to ensure they are managing the ventilator support correctly with less invasive tests.
Page 14
Docusign Envelope ID: 74F7FB80-749B-40D6-A634-A87BC451682F
FRIENDS OF PICU
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
11. Analysis of Net Assets between Funds
| As at 31st March 2025 Fixed Assets Current Assets Current Liabilities Total Net Assets As at 31st March 2024 Fixed Assets Current Assets Current Liabilities Total Net Assets |
Unrestricted Designated Restricted Funds Funds Funds Total £ £ £ £ 972 - - 972 123,318 797,277 18,733 939,328 (9,543) - - (9,543) |
|---|---|
| 114,747 797,277 18,733 930,757 |
|
| 1,404 - - 1,404 156,018 663,449 22,760 842,227 (13,559) - - (13,559) |
|
| 143,863 663,449 22,760 830,072 |
12. Related Party Transactions
The trustees received no remuneration during this year or the previous year. Trustee donations to the charity amounted to £120 during the year (2024: £120).
Page 15