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2024-06-30-accounts

FRIENDS OF CONQUEST HOSPITAL CIO

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

For The Year Ended

30 June 2024

Cassidys Limited South Stour Offices Roman Road Mersham ASHFORD Kent TN25 7HS

Page 1

FRIENDS OF CONQUEST HOSPITAL CIO

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 30 June 2024

Page
Charity Information 3 to 4
Report of the Trustees 5 to 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Statement of Cash Flows 11
Notes to the Financial Statements 12 to 22

Page 2

FRIENDS OF CONQUEST HOSPITAL CIO

CHARITY INFORMATION

Patron: President: Chairman: Treasurer: Secretary:

Membership Secretary: Fund Raising:

Management Committee: Trustees (T) Also in attendance (A)

Charity Number: Charity Offices:

Independent Examiner:

The Baroness J. Fookes of Plymouth DL

The Right Worshipful the Mayor of Hastings Mr Thomas Gardiner Mrs Claire Bridges Ms Jo Clark Mrs Angie Watson Mrs Angie Watson

Mrs F Hosford Dr D Walker (T – Appointed 25/09/24) Dr R Wray DL (T) Mr A Fairley (T) Mr J Llewellyn – Jones (T) Mr S Hedencrona (T) Mr R Fisher (T – Appointed 25/09/24) Mrs S Kowitz DL (T) Ms S Coop (T) Mrs C Bridges Mrs K Aldridge Mr T Gardiner (T) Ms E Martin Mrs R Barry Mrs A Watson Dr R Guy (T – Appointed 04/12/23)

1183652

The Conquest Hospital The Ridge St Leonards on Sea East Sussex TN37 7RD

Stuart Whorlow

Cassidys Limited South Stour Offices Roman Road Mersham Ashford Kent TN25 7HS

Page 3

Bankers: HSBC Bank Hastings branch Investments: BlackRock Investor Services Team PO Box 9036 Chelmsford Essex CM99 2XD CCLA Senator House 85 Queen Victoria Street London EC4V 4ET

Page 4

FRIENDS OF CONQUEST HOSPITAL CIO

REPORT OF THE TRUSTEES

For The Year Ended 30 June 2024

The Trustees present their report, together with the financial statements, for the year ended 30[th] June 2024.

The Charity, known as Friends of Conquest Hospital CIO was registered with the Charity Commission on the 30[th ] May 2019 replacing the entity known as The League of Friends of the Conquest Hospital which was previously registered with the Charity Commission on 13[th] September 1990. It is governed by its Object and Rules which were adopted on the 23[rd] January 2019. Under these Rules, the Management Committee may co-opt members of the Friends to the Committee to fill vacancies as the need arises. Currently there are 16 committee members, 10 of these being trustees. Trustees are normally elected at the Annual General Meeting and are given an induction to assist them in undertaking their role.

Object of the Friends

The object of the Friends is twofold;

Activities of the Friends and public benefit

The main activities of the Friends are to raise funds in order to fulfil its object as stated above, and to raise awareness of the Friends’ work by the following;

Members of the public can become Friends of the Conquest by paying at least £15 for a year (£12 a year if paying by DD), fundraising at least £15 or volunteering with the friends. The Friends currently have approximately 213 active members and 1 corporate member.

The Friends provide a number of services through two shops in the hospital. The main shop (confectionery, newspapers, magazines, stationery, cards, soft toys, drinks, sweets, ice cream and National Lottery tickets) and the flower/gift shop (fresh cut flowers, gifts, baby clothes, balloons and mugs) are manned by one fulltime and one part time employees plus some 30 unpaid volunteers who undertake a number of roles. A newspaper round is maintained on a daily basis and the Friends also run a trolley service to the wards to meet the needs of patients. Both shops accept card payments through EposNow.

During the year the flower/gift shop was only open when volunteers were available. At end of the financial year June 2024 all stock was transferred to the Main shop and has been reported as such.

The principal fundraising event is the annual fete which unfortunately had to be cancelled this year due to a severe weather warning on the 15[th] July.

Donations and legacies have always been welcomed by the Friends, and we continue to receive donations from grateful patients and former patients and their relatives. Although the Friends prefer that donations received should be on an unrestricted basis, we do accept donations intended for the benefit of particular wards. These are the Restricted Funds shown in note 14.

Most of the funds that are raised by the Friends are used for the purchase of hospital equipment and providing support for the staff, patients, and visitors to the Conquest Hospital. Since the year 2000, the Friends have assisted the Conquest Hospital with the purchase of equipment and provided services to the

Page 5

value of over £3.9 million. This year we purchased equipment and provided services costing £69,977 and the details are in note 21.

As well as supporting the medical staff in the hospital, the Friends have contributed to the enjoyment of patients and visitors to the hospital by continuing to fund a wide range of live music performed on the balcony in the main reception area. These short performances of approximately 45 minutes are given by professional musicians, accomplished amateurs, and young people from local schools and colleges. A “Musician in Residence” scheme has been established in which a young musician, embarking on a professional career in music, is appointed for one year, during which they give performances at the hospital and are awarded a certificate to add to their CV. This programme is run in conjunction with Arts in Healthcare which works with artists to provide performing and visual arts in East Sussex NHS Trust buildings, and the Friends are pleased to support this initiative by contributing to the costs of the performers. Performances were able to resume this year after a long break, due to the COVID-19 pandemic.

Financial Review

Total incoming resources for the year were £486,082 (2023 £363,883) and total resources expended were £402,036 (2023 £315,900). These figures include all the shop trading and unrealised gains.

During the year, the trustees of the Friends expended £69,977 (2023 £18,742) on services for the benefit of patients, relatives and visitors to the hospital, together with the purchase of equipment for use in many different areas of the hospital and associated activities (see note 21).

Donated goods, facilities and services, including volunteers

The trustees are aware of some new reporting requirements for charity accounts and are including the following information as relevant to the new requirements:

Reserves Policy

Some reserves are required to maintain the effective running of the shops and to make improvements for the future, but the bulk of the reserves are required to make large payments for the purchase of hospital equipment, so any investments need to be easy access and are chosen accordingly. It is the trustees’ intention not to maintain high levels of reserves, but to match the level of purchases of hospital equipment to the income received from donations and legacies, and the profits from the shops. On 30 June 2024, the level of unrestricted funds was £230,331 (2023 £259,547) and there was £212,457 (2023 £99,196) held as restricted funds that were not available to use as free reserves.

Risk Management

The Friends’ investments are reviewed from time to time and are considered to be in a low risk category. Other risks, including the management of stock for the shops are considered satisfactory. The majority of shop purchases are covered by direct debit agreements and other suppliers are paid immediately on receipt of invoices.

Page 6

Trustees’ Meetings

The Trustees have tried to meet regularly during the year with the management committee, normally every other month, there were no meetings held in August and December and all other meetings were held virtually. The last annual general meeting was held on 18[th] May 2024. At these meetings they have considered a growing number of “bids” or requests for equipment that are submitted to the charity.

Statement of Trustees’ Responsibilities

The Trustees are required, under the constitution of the Charity, to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charity and of its results for that period. In preparing those financial statements the Trustees are required to:

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the board of Trustees on 18[th] May 2024 and was signed on its behalf by:

…………………………………………..

T. Gardiner Chair

Page 7

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF

FRIENDS OF CONQUEST HOSPITAL CIO

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 June 2024.

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 Trust’s accounts carried out under section 145 of the 2011 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.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the institution of Chartered Accountants in England and Wales.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

………………………………………

Date: ………………………………………..

Stuart Whorlow Cassidys Limited Chartered Accountants Registered Auditors

South Stour Offices South Stour Road Mersham Ashford Kent TN25 7HS

Page 8

FRIENDS OF CONQUEST HOSPITAL CIO

STATEMENT OF FINANCIAL ACTIVITIES

For The Year Ended 30 June 2024
Note Unrestricted Restricted Total funds Total funds
funds funds 2024 2023
£ £ £ £
Income from:
Donations and legacies 2 9,255 126,098 135,352 68,159
Other trading activities 3 334,925 684 335,609 299,254
Investments 4 5,753 - 5,753 5,744
Total 349,933 126,782 476,714 373,158
Expenditure on:
Raising funds 2,671 - 2,671 4,914
Charitable activities 5 386,202 13,163 399,365 310,988
Total Expenditure 388,873 13,163 402,036 315,902
Net income/(expenditure) 7 (38,940) 113,618 74,678 57,256
Transfers between funds 14 (2,058) 2,058 - -
Unrealised gains on investments. 9,368 - 9,368 (9,274)
Realised loss on disposals - - - -
Net movement in funds for the year (31,630) 115,676 84,046 47,982
Reconciliation of funds:
Balances brought forward 2022 14 259,546 99,196 358,742 310,760
Balances carried forward 2023
14		 227,916 214,872 442,788 358,742

The above statement includes all gains and losses recognised during the year.

All activities are regarded as continuing.

Comparative figures for the previous year by fund type are shown in note 22.

The notes on pages 12 to 22 form an integral part of these accounts.

Page 9

FRIENDS OF CONQUEST HOSPITAL CIO

BALANCE SHEET

At 30 June 2024
Total
Note
2024
£
Fixed Assets
Fixed assets for charity's use
10
-
Investments
9
169,882
169,882
Current Assets
Stock
6
13,704
Debtors
11
-
Cash at bank and in hand
269,573
283,277
Creditors - amounts falling due within
one year
12
10,371
Net Current Assets
272,906
Net assets
13
442,788
Represented by:
Funds of the Charity
Unrestricted funds
General funds
14
227,916
Restricted Funds
14
214,872
442,788		 Total
2023
£
-
160,514
160,514
8,180
-
197,666
205,846
7,618
198,228
358,742
259,546
99,196
358,742

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements were approved by the board of Trustees and authorised for issue on 18[th] May 2024 and were signed on its behalf by:

………………………………………….. ……………………………………….

T. Gardiner Chair

C. Bridges Treasurer

Charity Registration No: 1183652

Page 10

FRIENDS OF CONQUEST HOSPITAL CIO

STATEMENT OF CASH FLOWS

For The Year Ended 30 June 2024

Total Total
Note 2024 2023
£ £
Cash Flow from operating activities 66,155 51,004
Cash Flow from investing activities
Purchase of new shop fittings - -
Sale of investments - -
Interest and dividends 5,753 5,744
5,753 5,744
Net increase in cash and cash equivalents 71,908 56,748
Cash and cash equivalents at start of year 197,666 140,918
Cash and cash equivalents at end of year 269,573 197,666
Cash and cash equivalents consist of:
Cash at bank and in hand 269,573 197,666
Reconciliation of net income to net cash flow from operating activities
Total Total
Note 2024 2023
£ £
Net income for the year 84,046 47,982
Adjustments for:
Depreciation charges - -
(Gains) on investments (9,368) 9,274
Interest and dividends received (5,753) (5,744)
(profit) on disposal of fixed assets - -
(Increase) decrease in stocks (5,524) 1,309
(Increase) decrease in debtors - 500
Increase (decrease) in creditors 2,753 (2,317)
Net cash flow from operating activities 66,155 51,004

Page 11

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 30 June 2024

1. Accounting policies

a) Accounting basis

The financial statements have been prepared under the historical cost convention and are in accordance with the Charities SORP (FRS102) ‘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)’, Financial Reporting Standard 102 ‘Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

b) Incoming resources

ii) Bank interest and dividends

Bank interest and dividends are included in the income and expenditure account on receipt, or when notification has been received of the amount due.

iii) Other income

Sales of services are included in the income and expenditure account in the period to which they relate. Other income is included as it is received.

iv) Gifts and Intangible income

In addition to the above, the charity also receives help and support in the form of voluntary assistance in staffing the shops in the hospital.

The financial value of services provided by volunteers has not been included in these accounts; however, the management team of The Friends of the Conquest Hospital acknowledges and greatly appreciates the high contribution which volunteers make to the charity with their enthusiasm and dedication. There were 30 volunteers active during the year.

v) Deferred income

If grants were to be received in advance of the period in which the funder required the expenditure to be applied, they would be shown as deferred income within the balance sheet.

Page 12

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 30 June 2024

1. Accounting policies (continued)

c) Resources expended

All expenditure is accounted for on an accruals basis. All expenditure directly related to the provision of equipment for the hospital is included within charitable expenditure. Other costs incurred have been allocated between fundraising and publicity and management and administration as appropriate. Where such costs relate to more than one functional cost category they have been split on an estimate of time or floor space basis, as appropriate.

d) Fixed assets and depreciation

Fixed assets are included at cost. Items are capitalised if their value is over £500. Depreciation is charged on a straight line basis on the costs of the assets over their estimated useful lives as follows:

Fixtures, fittings and equipment - 3 years Computers - 3 years

e) Restricted funds

Income received for the restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated.

f) Designated funds

Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion.

g) Pension

The charity operates a defined contribution group personal pension plan for its employees. Payments are charged to the income and expenditure account in the period in which they are incurred.

h) Leases

Rental costs under operating leases are charged to the statement of financial activities in equal amounts over the period of the leases .

i) VAT

The charity is registered for VAT and is able to recover VAT.

Page 13

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

2 Income from donations and legacies

Unrestricted
£
Books donations received
1,000
General donations received
4,158
Gift aid donations
391
Small donations (GASDS)
3,706
Legacies
-
Courtyard Gardens donations
-
Other
-
9,255
3 Income from shop trading and other activities
Unrestricted
£
Membership subscriptions
442
Fundraising events:
For general funds
8,395
For courtyard gardens
-
Shop trading income
Main shop
310,668
Flower shop
15,420
Cards donations
-
334,925
4 Income from investments
Unrestricted
£
Bank interest
-
BlackRock
Charinco Common Inv. Fund
3,346
CCLA
COIF Charities Inv. Fund
2,407
5,753		 Restricted
£
-
121,272
-
-
-
4,826
-
126,098
Restricted
£
-
-
684
-
-
-
684
Restricted
£
-
-
-
-		 2024 Total
£
1,000
125,429
391
3,706
-
4,826
-
135,352
2024 Total
£
442
8,395
684
310,668
15,420
-
335,609
2024 Total
£
-
3,346
2,407
5,753		 2023 Total
£
-
10,133
2,639
5,704
40,413
9,270
-
68,159
2023 Total
£
304
8,367
11,897
264,527
14,160
-
299,254
2023 Total
£
-
3,346
2,398
5,744

Page 14

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

5 Analysis of expenditure on charitable activities
Main shop Flower Activities and
expenditure Shop hospital 2024
2023
expendi equipment Total Total
ture
£ £ £ £ £
Charitable Activities
Staff costs 49,531
-
14,815		 64,346 57,390
Other direct costs 222,042
8,689
70,302		 301,033 227,822
Depreciation -
-
-		 - -
Support costs 7,035
475
26,476		 33,986 25,776
Total Expenditure by Activity 278,608
9,164
111,593		 399,365 310,988
Main shop Flower Activities and 2024
Basis of
expenditure Shop hospital Total allocation
expendi equipment
Support Costs 2024 ture
£ £ £ £
Independent examination fee
-
-
900		 900 full cost
CEO and secretary fees -
-
12,145		 12,145 Full cost
Accountancy & payroll costs 75
75
6,900		 7,050 full cost
Marketing -
-
600		 600 full cost
Office, IT & communications 5,079
379
3,864		 9,322 usage
Premises & insurances 131
21
1,301		 1,453 space
Maintenance, repairs & other
1,750
-
766		 2,516 full cost
Support costs Total 7,035
475
26,476		 33,986
Main shop Flower Activities and 2023
Basis of
expenditure Shop hospital Total allocation
Support Costs 2023 expendi equipment
ture
£ £ £ £
Independent examination fee
-
-
900		 900 full cost
Accountancy & payroll costs 150
-
7,180		 7,330 full cost
Marketing -
-
8,861		 8,861 full cost
Office, IT & communications 2,203
548
2,642		 5,393 usage
Premises & insurances (116)
(85)
966		 765 space
Maintenance, repairs & other
1,777
52
698		 2,527 full cost
Support costs Total 4,014
515
211,247		 25,776

Page 15

6

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

Net surplus for main shop trading which includes items of both income and expenditure

Net surplus for main shop trading which includes items of both income and expenditure Net surplus for main shop trading which includes items of both income and expenditure Net surplus for main shop trading which includes items of both income and expenditure
2024
2023
£
£
£
£
Main shop sales
306,610
259,423
add sales of donated books
-
-
add small donations in shop
-
-
add discounts
(1,174)
-
add lottery commission
5,233
5,104
310,668
264,527
Stock at 1 July
6,599
8,273
Add: purchases
226,898
193,282
Less: Stock at 30 June
(13,704)
(6,599)
Cost of stock used
219,793
194,956
Staff salaries
49,531
43,423
Volunteer expenses
392
116
Equipment & office costs
5,114
2,203
Debit and credit card charges
2,214
7,191
Insurance & rates
131
(116)
Repairs and maintenance
1,453
1,830
Depreciation of new fixtures & fittings
-
-
278,629
249,603
Main shop net surplus
32,039
14,924
Net surplus for flower shop trading which includes items of both income and expenditure
2024
2023
£
£
£
£
Flower shop sales
15,420
14,160
add small donations in shop
-
-
add cards donations
-
-
add discounts
-
-
15,420
14,160
Stock at 1 July
1,580
1,216
Add: purchases
7,109
7,351
Less: Stock at 30 June
-
(1,580)
Cost of stock used
8,689
6,987
Staff salaries
-
-
Volunteer costs
-
-
Maintenance
-
-
Equipment and office costs
379
548
Debit and credit card charges
-
-
Other & costs of top up facility
75
52
Rent & Rates
21
(85)
Depreciation of new fixtures & fittings
-
-
9,164
7,500
Flower shop net surplus (deficit)
6,256
6,658
7,500
6,658

Page 16

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

7 Net income / (expenditure) for the year

This is stated after charging:
Independent Examination/Audit costs
Depreciation of shop fittings
8 Information regarding Trustees, Directors and Employees
Wages and salaries
Pension costs
The average number of employees, analysed by function was:
Charitable purposes (shop employees)
Fundraising & publicity
Management and administration of charity
No employee received remuneration of more than £30,000.		 2024
2023
£
£
900
900
-
-
2024
2023
£
£
63,478
56,697
868
693
64,346
57,390
2024
2023
2
2
-
-
1
1
3
3

No Trustee was remunerated for any services, or accrued any benefits under pension schemes. Travel costs amounting to £nil (2023 £nil) were reimbursed to members of the Trustee Board. The charity paid £1,301 in the year ended 30 June 2024 for various insurance services, including professional indemnity cover.

9 Investments
Blackrock Charinco
Common Investment Fund units
As at 1 July 2023
Additions
Revaluation during the year
CCLA - COIF Charities Investment
Fund Income Units
As at 1 July 2023
Disposal
Revaluation during the year		 2024 Market Value
77,727
-
2,613
80,340
82,787
-
6,755
89,542
169,882		 2023 Market Value
89,512
-
(11,785)
77,727
80,276
-
2,511
82,787
160,514		 2023 Market Value
89,512
-
(11,785)
77,727
80,276
-
2,511
82,787
160,514
160,514

Page 17

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

10 Fixed assets (Shop fittings)
Cost
At 1 July 2023
Additions
Disposals
At 30 June 2024
Depreciation
At 1 July 2023
Charge for the year
Disposals
At 30 June 2024
Net book value 2024
Net book value 2023
11 Debtors
Lottery deposit held by Camelot
HMRC (gift aid and other claims)
Prepayments
12 Creditors - amounts falling due within one year
VAT creditors
Accruals
Independent examination/Audit fee
13 Analysis of net assets between funds
General
Funds
£
Fixed Assets
-
Investments
169,882
Current Assets
70,820
Current Liabilities
(10,371)
Net Assets
230,331		 10 Fixed assets (Shop fittings)
Cost
At 1 July 2023
Additions
Disposals
At 30 June 2024
Depreciation
At 1 July 2023
Charge for the year
Disposals
At 30 June 2024
Net book value 2024
Net book value 2023
11 Debtors
Lottery deposit held by Camelot
HMRC (gift aid and other claims)
Prepayments
12 Creditors - amounts falling due within one year
VAT creditors
Accruals
Independent examination/Audit fee
13 Analysis of net assets between funds
General
Funds
£
Fixed Assets
-
Investments
169,882
Current Assets
70,820
Current Liabilities
(10,371)
Net Assets
230,331		 Main Shop
36,242
-
-		 Flower Shop
Total
£
£
6,515
42,757
-
-
-
-
36,242 6,515
42,757
36,242
-
-		 6,515
42,757
-
-
-
-
36,242 6,515
42,757
-
-		 -
-
-
-
2024
2023
£
£
-
-
-
-
-
-
-
-
2024
2023
£
£
1,471
3,127
7,820
3,411
1,080
1,080
10,372
7,618
Designated
Restricted
Total
Funds
Funds
Funds
£
£
£
-
-
-
-
-
169,882
-
212,457
283,277
-
-
(10,371)
230,331 -
212,457
442,788

Page 18

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

14 Movement in funds
Restricted Funds
Ambulance Service
Ashburnham Ward
Baird Ward
Bereavement Room
Cardiology
Cookson Devas Ward
Cookson Attenborough Ward
Coronary Care Unit
Courtyard gardens restoration
Discharge Lounge Courtyard
Egerton Ward Courtyard
Kipling Ward Courtyard
McDonald Ward Courtyard Gdn
SCBU Courtyard
Critical Care Unit (with ICU & HDU)
CCU Sensory Garden
De Cham Ward
Egerton Ward
Emergency Department
Endoscopy Department
Frank Shaw Ward
Gardner Ward
James Ward
Judy Beard Ward
Kipling Ward
Marketing and Research
Maternity intensive care
Murray Ward
Music expenses
Newington Ward
Occupational Therapy
Oncology Department
Operating Theatres
Ophthalmic Day Unit
Phlebotomy & Respirtory Depts
Scanner appeal
SCBU
Storz Stack System
Ticehurst Ward
Wellington Ward
Wellbeing Fund
From the estate of Mrs Hazel Kennedy
Staff of Cookson Devas Ward
Total Restricted Funds
Unrestricted Funds
General funds
Total Unrestricted funds
Total funds		 At 1
July
Income
Expenditure
Transfers
At 30
June
2023
& Gains
2024
£
£
£
£
£
200
-
-
-
200
220
-
-
-
220
-
172
-
-
172
987
-
-
-
987
1,010
-
-
-
1,010
50
-
-
-
50
-
25
-
-
25
190
-
-
-
190
24,370
4,664
(7,511)
-
21,523
55
-
-
-
55
3,041
696
-
5,000
8,737
-
150
-
-
150
4,648
-
-
-
4,648
(2,058)
-
-
2,058
-
18,584
-
-
-
18,584
976
-
-
-
976
235
500
-
-
735
21,993
-
-
(5,000)
16,993
40
-
-
-
40
1,130
40
-
-
1,170
-
5
-
-
5
140
-
-
-
140
101
357
-
-
458
665
-
-
-
665
760
-
-
-
760
-
1,000
-
-
1,000
1,607
-
-
-
1,607
191
-
-
-
191
3,710
300
(4,125)
-
(115)
5,946
-
(1,512)
-
4,434
2,105
-
-
-
2,105
-
1,000
-
-
1,000
-
25
-
-
25
10
-
-
-
10
-
5,210
-
-
5,210
628
100
(15)
-
713
230
340
-
-
570
-
111,588
-
-
111,588
25
-
-
-
25
1,405
610
-
-
2,015
3,503
-
-
-
3,503
-
-
2,500
-
-
-
2,500
99,196
126,782
(13,163)
2,058
214,872
259,546
361,716
(388,873)
(2,058)
230,331
259,546
361,716
(388,873)
(2,058)
230,331
358,742
486,082
(402,036)
-
442,788

Page 19

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

15. Purposes of restricted funds

If donors ask for a particular ward to benefit from their donation, then the donation is treated as a restricted fund and only used for that purpose (see note 14 for a full list of restricted funds).

16. Designated fund

At the year end there were no designated funds.

17. Financial commitments

Capital Commitments

At the balance sheet date, no capital commitment existed.

18. Related party transactions

There have been no related party transactions in the reporting period that require disclosure.

19. Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

20. Pension costs

A pension scheme for employees is operated on a defined contributions basis. The scheme is open to all employees at any time. The charity contributes 2% of pensionable earnings to match employees’ contributions. The assets of the scheme are held separately from those of the company in an independently administered fund. The fund administrators are NEST.

The pension cost shown in the accounts for the year represents contributions payable by the charity and amounted to £868 (2023 £693). There were no contributions payable or outstanding at the year end.

Page 20

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

21 Direct Charitable Expenditure

21 Direct Charitable Expenditure
on behalf of the Conquest
Hospital
and the community
23/519
Cystascopes
23/520
Manual Raiser for Newington
Ward
23/521
3 x Transnasal Endoscopes
C21 Ticehurst Pond Table and
Chairs
C21
Courtyard Gardens
A & E Courtyard
SCBU Courtyard
Music
Scanner Appeal		 Unrestricted
Restricted
£
£
29,102
-
-
1,512
27,712
-
-
329
-
1,966
-
4,921
-
167
-
128
-
4,125
-
15
56,814
13,163		 2024 Total
£
29,102
1,512
27,712
329
1,966
4,921
167
128
4,125
15
69,977

Page 21

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

22. Comparative income and expenditure by fund type
Unrestricted funds
2024
2023
£
£
Income from:
Donations and legacies
11,670
53,019
Other trading activities
334,925
286,598
Investments
5,753
5,744
352,348
345,360
Expenditure on:
Raising funds
2,671
2,876
Charitable activities
386,202
302,889
388,873
305,765
Net income / (expenditure)
(36,525)
39,596
Transfers between funds
(2,058)
-
Unrealised gains on investments
9,368
(9,274)
Realised loss on disposals
-
-
Net movement in funds
(29,215)
30,322
Reconciliation of funds:
Total funds as at 1 July 2023
259,546
229,224
Total funds as at 30 June 2024
230,331
259,546		 Restricted funds
2024
2023

£
£



123,682
15,140

684
12,657

-
-

124,366
27,797



-
2,038

13,163
8,099

13,163
10,137


111,203
17,660


2,058
-


-
-

-
-


113,261
17,660



99,196
81,536

212,457
99,196		 Restricted funds
2024
2023

£
£



123,682
15,140

684
12,657

-
-

124,366
27,797



-
2,038

13,163
8,099

13,163
10,137


111,203
17,660


2,058
-


-
-

-
-


113,261
17,660



99,196
81,536

212,457
99,196
27,797
2,038
8,099
10,137
17,660
-
-
-
17,660
81,536
99,196

Page 22

FRIENDS OF CONQUEST HOSPITAL CIO

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

For The Year Ended 30 June 2024

Historical record of monies raised by the Friends of the Conquest and Direct Charitable Expenditure for the benefit of the Conquest Hospital and community

Year Monies Raised Direct Charitable
After Costs Expenditure
£ £
2000 62,815 108,174
2001 145,045 136,240
2002 102,918 96,857
2003 91,443 36,638
2004 91,771 85,392
2005 43,306 67,750
2006 76,290 98,237
2007 70,587 68,394
2008 192,609 100,268
2009 93,560 75,201
2010 77,579 113,997
2011 54,628 58,618
2012 99,880 15,808
2013 107,960 132,327
2014 246,339 135,047
2015 190,653 225,384
2016 222,951 262,624
2017
623,922		 119,290
2018 236,931 233,961
2019 751,166 1,147,226
2020 172,797 82,484
2021 205,770 39,919
2022 57,420 429,386
2023 75,998 18,742
2024 144,655 69,977
TOTAL 4,238,993 3,957,941

This page does not form part of the statutory accounts.

Page 23