FINANCIAL sTATEMEr￿ FOR THE PERIOD ENDED 30 SEFTEMBER 2024
FOR
THORIYBURY & DISTRicf LEAGUE OF FRIENDS

THORNBURY & DISTIUCf LEAGUE OF FRIENDS
INDEX TO FtNANCIAL sfATEMEIYTS
Page
Charity Infornixtion
Report of the TrnstX8
Report of the Accountant
Income and Expenditure Statement
Balance Sheet
Nota to the Fin4nCiAI Statements
io-ii
Detailed Income and Expendithre Aeeount
12-13

THORNBURY & DISTRICT LEAGUE OF FRIENDS
TRUSTEES
H Craig
G Rawlinson
A Bates
P Wilkinson
Chal￿erson
S¢cretsry
SECRETARY
A Bates
ADDRESS
5 Castl¢ Stre¢t
Thornbury
Bristol
BS35 IHA
AUD￿oRs
Dunkley's
Chart¢red AcCO￿tants & R¢gist¢r¢d Auditors
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol BS32 4JY
1188291
Page I

THORNBURY & DisfRicf LEAGUE OF FRIENDS TRUSTEES, REPORT
YEAR ENDED 30 SEPTEMBER 2024
The Trustees present their report along with the finanaal statements for the year to 30 September
2024.
The accounts have been prepared in accordan￿ with the accounting policles set out on page 9 and
comply with applicable law.
The Thornbury & District League of Friends is a registered tharity, number 1188291. The principal office
is at 5 Castle Street. Thornbury, Bristol, BS35 IH
PRINCIPAL ACTIVITY
The principal activity of the charity in the year under review was that of fun&raising for the provision of
services to fulfil the objectives of the Trust.
REVIEW OF BUSINESS
The results for the year and financial position of the tharity are as shown in the annexed financial
Statements.
RECRUITMENf AND APPOINTMENT OF TRusfEES
New Trustees are appointed by current Trustees based on the enthusiasm for and commitment to the
objects of the charity and to provide a broad range of skills and experience and expertise on the Board
of Trustees from Thornbury and surrounding villages.
TRUSTEE INDucfioN AND TRAINING
Potential new Trustees attend meetings to familiarise themselves with the Trust. If appolnted as a
Trustee they receive information about the responsibilities of Trustees.
OBJECTS
The Objects of the CIO are to relieve the need5 of people living in Thornbury and surrounding
parishes who are in condition5 Of need due to ill health. old age or di5abilty by provision of practical
help and support, to relieve sickness and to preserve the health of the patients of The Henderson
Rehabilitation Unit in Thombury by providing the provision of equipment, facilities & services not
norrnally prowded bythe NHS.
We welcome new members of theTrust. OurCIO was set up a member run Trust and as a Trust we
need new members to ensure that the actions taken bythe Trust are fully scrutinised and approved by
as many members as possible.
Hilary Craig
November 2024
P88e 2

RESERVES POUCY
All reserves are held forfuture expenditure on the Principal Objects of the Trust, with adequate reserves
retained in the Trust Business Reserve account to meet any specific near-term needs identified by the
Trustees.
The exces5 of income over expenditure of £32,729 has been transferred to accumulated reseNes and is
reflected in the fund balance of £497.545 on 30 September 2024.
INVESTMENT POLICY
As noted in the accounts 4 years ago, the Trustees invested a substantial portion of their funds with
Rathbones Investment Management. The year has seen a quieter period than the previous year for the
investment of these funds. This confimis the Trust policy of workin8 With Rathbones to invest for the
long term and will continue to manage the funds in accordan￿ with its Investment Policy. This, it is
hoped will ensure the continuation of the Twsvs grant giving policy in the long term.
RISK MANAGEMEKr
The Trustees actively review the major risks which the charity faces and are confident that the systems
in place and reserves held are adequate to mitigate these risks.
TRusfEES RESPONSIBILMES IN RELATION TO THE FINANCIAL sfATEMENTS
Charity law requires the Trustees to prepare accounts for each fiscal year which Bive a true and fair view
of the state ofaffairs of the charity and of its income and expenditu￿ for the year and complywith
current statutory requirements. In preparin8 the attached accounts the Trustee5 consider they have:
Selected suitable accounting policies and applied them consistently,
Made judgements and estimates that are reasonable and prudent,
Stated whether applicable accounting standards and statements of recommended practice
have been followed, subject to any departures disdosed and explained in the financial
statement5,
Prepared the accounts on a going concern basis and consider this basis to be appropriate.
The Trustees have responsibility for maintaining proper accounting records which disclose with
reasonable accurary at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Acts. They are a150 responsible for safeguarding the
charitrfs assets and for takin8 reasonable steps to prevent and detert fraud and other irregularities.
Page 3

TRUSTEES
During the year to 30 September 2024 the following persons have served a5 Trustees of the Thombury
& District League of Friends:
CHAIRPERSON:
Hilary Craig
TREJiSURER:
Guy Rawlinson
SECRETARY:
Andrea Bates
MEMBERSHIP SECRETARY: Paul Wilkinson
TRUSTEES
Drwilliam Harvey Burnham
Shlrley Ford
Shirley Holloway
Richard Clive Parkinson
Val Rickett5
Angela Symonds
Vicki Townsend
Geoff Watkins
Pam Watkins
Dr Harvey Burnham - Resigned 3011V23
Val Ricketts- Resigned 1212124
Shirley Holloway- Died 1316124
The Trustees are responsible for the overall decision making for the charity and meet everythree
months to discuss fund raising, requests for funds and make decisions about where funds will be spent
and how additional funds will be raised.
It remains for me to record my sincere thanks to all the Trustees, members and SUPF)Orters, for their
support.
AUDITORS
The audttors, Dunklews, will be proposed for re-appointment in accordance with the special provisions
of Part 15 of the Companies Act 2006.
ON BEHALF OFTHE BOARD:
Mrs Hilary Craig (Chairperson)
Date
Page 4

Chalrfs Report to the 2024 AGM
I would like to start this yearfs report with a note to thank Shirley Hollowayfor her support for the Trust
and for the League of Friends of Thombury Hospital over many years. Sadly, Shirfey passed away in
June. Shirley was Chair of both Trusts. only stepping down in 2021. She was Chair of thi5 Trust when it
was set up in 2020 and a Trustee until she died. On behalf of all the Trustees l thank her for her unstintin8
5UPPOrt over such a long period. She will be sorely missed.
The Trust held a third round of grant giving. We received 11 applications from organisations based in the
Thombury area. We awarded grants to all of them and in total they received £20,335. Whilst not listing
thern all, we gave money, to Ji8saw again, who support children and their families whose educational
needs are not alway5 met by normal school curricula. We also gave a grant to PHASE, who provide
individual counselling support to secondary aged pupils with mental health needs. Haven Memory Café.
who provide support for dementia sufferers and their carers, were funded for a day trip to Gloucester
t)ocks. We continue to give moneyto Krunch, thisyearto help support their open training sessions. We
continued to support Great Western Air Ambulance with a grant of £2,OCKI, enough for one mission to
Thornbury. We also supported a school-based chaiity for the first time, St Marfs Primary School PTA,
with help towards a garden of reflection.
During the accounting period we also sponsored the Rotary Club of Thornbury Swimarathon with
£1,000. The President of Rotary, who is also our Treasurer. asked that thi5 sponsorship wa5 given directly
to St. Peterfs Hospice. Following this sponsorship the trustees were invited to go on a tour of the
Hospice. It made us all appreciate the valuable work that is carried out both at the Hospice and in the
community.
We continue to support the Outpatients Clinic in St Mary Centre with the provision of theirwater cooler.
Along with all other recipients of the finanual supportthe Trust grants we asked Henderson Rehabilitstion
Unit to complete a grant application. They did not do this and therefore we stopped supporting the unit
with daily newspapers on 31 December 2023. The Trustees were disappointed with this development
havingsupported Hendersonward overmanyyears. particularlywhen it was part of Thornbury Hospital.
Thefourth round of grant8iwngwas being launthed atthetimeofthefinanaalyear end with applications
being sought.
The provision of a new health facility in Thornbury has moved forward with our new MP, Claire Young
writingto the Trustto confirm thatthe funding ha5 been secured. Atthetime of writing this report plans
for a new health centre were being made available for comment. It would appear that thi5 15 a
replacement for the current health Cent￿ and will not incorporate St Mary Street Surgery or any added
care facilities. We hope that whenever a new is built we can support it in a constructive way.
During the year we carried out a review of the Twst and how it operates. This exercise was led by an
external consultant, Neil McKen, who had worked with Trustees in Setting up the Trust in 2020. It was
quite a wide ranging review which was concluded by confimiin8 that the Trust was still providing the right
support. wa the provision of 8rants, for health care in the tommunity.
Page 5

The costs of running the Trust are low; there are costs associated in managing significant investments and
normal administrative costs for the trust, but other than these, we are proud to be able to say that all the
money raised during the year can be added to the grant giving budget.
A local choir, the Thombury Good Afternoon Choir, chose TADLOF as their charity for 2024. They held a
concert in March with proceeds being donated to the Trust. It was pleasing to be able to tell the audience
that all the money would be used to increase our grant budget.
We continue to sell Twust Christmas cards to raise the profile of the Trust. In addition, we also held a
summer partywhich was well attended with entertainment provided by the Good Aftemoon Choir.
We welcomed Paul Wilkinson and Vicki Townsend as new Trustees at our AGM. They have already made
a valuable tontfibution, helpingto organise events and Paul has become our Membership Secretary.
We welcome new members of the Trust. Our CIO was set up as a member managed Trust and we need
new members to ensure that the actions taken by the Trust are fijlly scrutinised and approved. The
number of numbers is very lowl
This will be my last report as Chair of the Trust as I will be stepping down. I would like to thank my fellow
Trustees for all that they have done during my temi as Chair. in particular Andrea as our Secretary and
Guy as our Treasurer. They have ensured the smooth running of our Trust, particularly our grant giving
programme.
Hilary Craig
November 2024
Page 6

THORNBURY & DISTRICT LEAGUE OF FRIENDS
REPORT OF TAE ACCOUNTMTS TO THE TRusfEES OF
THORNBURY & DISTRIcf LEAGUE OF FRIENDS
This is made solely to the so¢i¢ty's members, &s a IK)dy. in accordance with the Friendly Societies
Act 1992. We prepared without carrying out an audit the financial statemcnts from th¢ accounting records
of Thombury & District Leagu¢ of Friends and from info￿all0￿ and explanations supplied to us. To the
Ilest extent pern)itted by law. we do not accept or assume responsibilily to anyone other than the society
and the society's members &s alx)dy, for out audit worK for this report, or for the opinions we have fom]ed.
RFSPEcfivE RESPONSIBILITIES OF TRusfEES AND AUDITORS
As described on pages thrc¢ and four. th¢ charity's TTUStees are Tesw)nsible for prep8rmg tbe fin8ncial
statements in accordance with applicable law and United Kingdom Accounting Standards are set out in the
Staiement of TnLStrt8 Responsibilities.
Our responsibility is to prepare the financial statements in accordance with r¢E¢vant l¢gai and regulatory
r¢quir¢m¢nts and United Kingdom Accountillg StatKlarts.
We report to youour opinion &s to wdetherthe fllwKial statements give atnK end fairviwand are properly
pr¢pared in a￿Ordance with th¢ Friendly Societies Act 1992. We also Teport to you if. in our opinion. the
tnL8tees' rep)rt is not consistent with the finaDcial slatements. if the charity has not kept proper accounting
records, if a satisfactory system of internal control has not Eeen established and nwintained, or if we have
not T¢c¢ived all the It￿onnatiOn and explanation5. We tequire lor preparing the accounts.
OPINION
In OUT opinion, the flllancial statements give a true and fair view of the slate of the charity's affairs as at 30
Sept¢mbeT 2024 and of its exce&s of expenditure over income for the year then ended and they have been
properly prepared in accordance with the Friendly Soci(#ies Act 1992.
Dunkley's
Chartered Accountants & Registered Auditors
Woodlands Grdllge
Woodlands Lane
Bradl¢y Stok¢
Bristol BS32 4JY
Date
Page 7

TIIORISBURY & DISTRIcf LEAGbl OF FRIENDS
INCOME AND EXPENDITURE SrATEI￿ENr
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
2024
2023
INCOME
Investtnents
11,195
100
10,242
loo
Fund-raising and donations
Memlxrships
Revaluations
105
256
40.480
1,523
349
13,836
680
Sale of Goods
Bank Interest
478
Piano saIe
Donations
80
li
io
53.763
18,415
25,682
24,042
4,079
INDtREcf EXPENDITURE
DIRECT CHAIUTABLE EXPEM)rruRE
EXCESSI(DEFICIT) OF INCOME OVER
EXPENDITURE ON NORMAL AcrivrrIES
(2,439)
TOTAL RECOGNISED GAINS AND LO&SKS
The charity has a recognised gain of £41,5(K> OD inv¢sth]ents.
CONTINUING OPERATIONS
The charity is registered with the c1)arAti￿ conmi￿On in the above perio(L
The notesfornip¢wt ofthesefvncialstatemeptrs
Page 8

THORNURY DISTRIcf & LFAGUE OF FRIENDS
BALANCE SHEET AS AT 30 SEPTEMBER 2024
2024
2023
CURRENT ASSETS
Cash in Hand
C&sh at Bank
Investments
21.847
475.687
497.545
40.799
424,012
464,816
Capital Account
Balance brought forward
Exc¢ssl(Deficit) of Income
Balanc¢ carri¢d forward
464,816
32,729
497,545
467255
(2.439)
464,816
G Rawlin50n (Trustee)
Approved by the Board of
Trnstees on:
The nolesform￿rI ofihesefmancialstalements
Page 9

TH0￿BuRy DISTiucf & LEAGLT OF FRIENry)S
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEvfEMBFR 2024
ACCOUNfiNG POLICIES
BASIS OF PREPARATION
These flnancial statements ar¢ tb¢ acwunts olthe Thornbury & District League of Friends charity and do
not include accounts of any other cllarity that may ￿ using the same name.
The fLnanCi￿ statements have been prepared under the bistorical cost convention and have been prepa￿1
on a basis to include income as cash is received and expenditure on an eX￿nd1tL￿ basis as it is
incunyd.
The recommendation of SORP 2019 ('Accounting by Charities,) have been followed in the preparation of
th￿¢ fllkqncl￿ statements.
FUND ACCOUThNG
The Ch￿Ity's general consist of funds which the charity may use for its pu￿￿￿￿e at its discretion.
VOLUNfARY INCOM
All voluntary income is included in income on ￿CeIpL
Cash in transit is not included as incotn¢ until it been received at headquarters.
INDIRECT EXPENDffURE
Indirect expenditure comprises all costs incurred in n]nning the ckwity which cannot be directly allocated
to the charity's projects or to fimd-raisin&
DIREcf CHARITABLE EXPENDrruRE
Fund-rdisiug cxpenditure comprises costs incurred for the fulfilment of its PUV to provide gifts and
equipment for patients to promote a comfortable environm&rt for the duration of theiT Stay.
Page 10

THORNBURY DISTRIcf & LEAGUE OF FRIENDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERtOD ENDED 30 SEPTEMBER 2024
FIXED ASSETS
2024
2023
INVESTMENTS
Market value 30.0923
Purch&ses
Movements in the year
424.012
28.655
399,936
20,523
Sales
Rathbones portfolio fee5
Net investments gains/(losses)
(14.443)
(4,037)
41.500
(27,395)
(3,742)
34,690
M￿ket value 30.09.24
475,687
424,012
C05t 30.09.23
423.543
415,716
Pagell

THORNBURY DISTIUCT & LEAGUE OF FRIENDS
DETAILED INCOME AND EKPENDITURF, ACCOUNT
FOR THE PTr:KIOI) b.NDF.D 30 SEYfEMBER 2024
2023
1￿cOmE
Fulldraiging
RathlM)nes Portfolio
DonstioA¥
Legacies
100
Income from Invattllents
Dividends trceived
7,875
3,320
7,416
2,826
Interest received
11.195
10.242
ReY4luatioDs
Rathbones Investtnent Portfolio
11,295
10.342
40,480
13,836
40,480
13.836
51.775
24,178
Other
Raffl¢ monies
Coffee machit
Piano sale
Other (kTrnations
Sale of Gthds
Bank Int¢rest
Memberships
80
io
li
1.523
349
105
680
478
256
1.988
1.504
TOTAL INCOME
Illdirect Expenditure
Advcrtising
HaIl Hire
Goods for Resa]e
Donations
Repairs and renewa15
Consultancy Fees
Accountsncy
Subscriptions
Stationery & Printing
Rathbones wrtfolio fees
Other ext*nses
Grants
53.763
25.682
243
148
648
109
185
98
88
391
16,875
97
22.315
19.415
24,042
Page 12

THORNTURY DIsniicf & LEAGUE OF FRIENDS
DETAILED INCOLME AND EXPENDrruRE ACCOUhT
FOR THE PEIUOD EM)ED 30 SEVtEMBER 2024
2024
2023
DIRECT CHARITABLE EXPENDITLTRE
Presents to Patients and Staff
Flowers
Newspapers and Magazines
Gifts
578
316
2,379
I,oio
894
3,389
kneDiti
725
690
725
690
21,034
28,121
EXCESSI(DEFICIT) OF INCOME
OVER EXPEYDrruRE
32,729
(2,439)
Page 13