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