REGISTERED COMPANY NUMBER: CE022555 (England and W#le$) REGISTKRED CHARITY NUMBER: 1192553 REPORT OFTHE TRusfELS AND UNAUDrfED FINAI¥CIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 HAMPSHIRE MEDICAL FUND WETTONE MATTHEWS CHARTERED CERTIFIED ACCOUNTANTS Wettijne Matthews Limit¢d Chartered Certified A¢countsn Markd Ho$t 21 tEnien Street Alion GU34 IHG
HAMPSHIRE MEDICAL FUND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 P•ge Report oCth¢ TrM5¢tts lrtdeptndent EJ#Jmlner'3 Report St8t¢Jneit Flnanclal Activltks Balance Shtét Cgih Fkjw S¢at¢meit N•tes to the Cash Flow Sttsrynt Notss to the Stat¢uKuts 10 to 18 Detailed Statennt of FIn*nei Acti11¢$ 19
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTEE5 FOR THE YEAR ENDED31 DECEMBER 2023 The tru51ees are also directors of the choriry for the of the Con¥Janies Act 2006, present their K)rt with the financial statements of the charity for the year ended 31 December 2023. The trustee5 have adopted the provisions of Accounting arml Reporting by Chariiies.. Sement of Recommeth Prncticc applicable to charitie5 pr¢paring ¢tr accounts in accordance with the Financial Reportin8 StsTMlard applicable in th¢ UK 3NI Republic of ITeland (FRS 102) leffcctive l January 2019). OBJECTIVES AND ACTIVITIES Objective5 #nd aims The objccts of the charity are t() rJis¢ fuThts io provide eqwipjwit required by specialist deparnnents at ihe three North Hampshire Hospitsls IBasingstok< Winch&w ar Andover) that is not avaiiabk through NHS budg¢ls. The trwtees have reviewed the objects a1 are satisfied the charity meets ihe requiremertts within the publi¢ benefit guidance. The main ObJIlv¢ for the period was to raise sutTicieni furtds buy equipment for the Hary5hiTe Hospitals NHS Foundation Trnst (HHFT). The StraleS etw)loyed to &hieve the charitys objectives are". - To aTrange profitable activities io rnise fijjth for the charity. - To raise the profile of the charity within th¢ local ar¢& Review ocadivities 2023 saw 31 pieces of eqUipThl pwchased for ow Iwitsls, ei8ht of which were new incubaiots for the Winchester and Basingstoke Neonatal units. These sts-of4he-art incubaiots will enable better care for siek babies and also allowed the hospithls to seTrJ the old incubaiots io Ukrnith¢ to r¢plae¢ ttM)se donwd in the c¢)nflid. We h¢ld I l ¢v¢nts in 2023 which made a nei income of £263.(%M). These event5 are made possible thanks to many people giving up their valuable and I thank tknetn all Dwh for their energy. enthusiasm and generosity. We also thank the 21 Charithble Trusts wlK• cunw]ively d(m*d jthst over £146,0 to us in th¢ y¢ar. Our 2(K) club rebranded to the'FTi¢nds of Hanyhire Medic81 Fund and continues to be a great succe4 enabling U5 to continue to on our work. We have also grown our S(rf) club- regular giving form I1 busin¢s5¢s. A huge ihanks to all of those people who support us through regular givin& We Continue to find ourselves in uncenain limes, and Whil events will remain a key part of we do, regular income provides predictabiliry. SO the friends are more important to U5 ihan ever- we need io grow boih clubs. and to sprtsd th¢ wy)rd more widely xross Hampshire and will continue io focus on this in 2024. STRATEGIC RF.PORT Achievement perfornwKe The medieal equipnhent Consultants And Nur5cs in Bashngstok< Winchester and Andover Hospitals put foTWdTd their Tequests for equipm¢nt; ¢he mcdical Tnltts review those requests to help decide which equipment to raise fvnd5 for. Publi¢ rel8tlon5 & the medl• We have had coverage in the media over the last year. this is beca of the equipment we have bought. The charity has been on BBC local news and we have also in the local new5paper5 a few du¢ to the ¢ven15 Ihai have bcen held to ndraISe for the chatity. We are very acti on social medi4 whenever we Iw a new piece of equipment. or hold an event, this goes onto Facebook and Twtter. which nomydlly Bets a 81 reaction. We have a good working relationship with Basingsioke Hospital radio,. they always come to our events aThJ take part when WE knld fundrdisffs at the H05Pltal. Pag¢ I
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31 DECEMBER 2023 STRATEGIC REPORT A¢hiev¢ment And perfornLgllee Sectlon 172(1) stAtement The Truslees ackThJwled8es the $172 ttporting r¢quir¢meth a5 an opIh)rttmity io explain IM)w dialoBllC With stakeholders has infornied helped k) shape its decisions in protMiin8 the succes5 of the charity to achieve its chariiable purposes. The board of Trustees understand the ImwKfa¢ of mabnlainin8 prOdlIve relatiortships with all stskelmjlders. We have continued to focus on ensuring ihai we provide the NHS Tr1 and their constiwents wilh the opportunities for the purchase of equipment thai provide P21ients with inyov¢d tt£atnYnt Fwibilities in its widest definition. The Trustees can detThJnsrrate the prornolion arKI of the charity for ihe benefii of all stakekK>lders. Success is achieved by empowering the Hampshire ¢ommunity to direcily impact Their hospita]s by SUPPDrting the HMF is its endeavours in rdising fiuKls to purchase culling edge medic81 equipnnt for the 3 NHS hospitals. The HMF TneeS are centTed on acquiring the be equIpnL which hEIp5 the l¥)5pi¢&]5 allract and retain the be ¢onsult#nts. junior doctors, nurses aThJ flp1Sts to care for the wmmunity in Hampshire. The Trwtees ar¢ r¢5ponsibl¢ for the 5tratrgic planning of the HMF arml. accordingly. Jll key decisions , the current performatK¢ and longer terni plarns of the charity and st8kehoidth5 aTe referred lo and tsken by the Board of Trustees. The corporate governance of the charity is adminisTed by lay of the bo¥Td of Trustees and covers audit remuneralion and nomination fvnction The Trustees have worked collaboTalively with the sthff and listened to feedback from the Charity's akeholderS and b¢li¢ve tha¢ the board is well positioned resp)Thl to any Un¢¢tleS and continue to promote the success of the Hampshire Medical Fund. Finan¢i81 revlew Flnaneial posltlon The eharity rcceives its income from donatio and fundr¥ising activiues. Total incoming resources for the period are £867,535 (2022: £S92,317). Total resources expended in the period were £790.159 {2022.. £590,409) and the resulting net surplus wa5 £77,376 {2022: £1,908). The free unrestricted fund bala1 at thc cnd of the wiod was £121,529 {2022: £33.2971. Investment ptsliey and objectives The objects of the charity are lo raise fiJnds to provid¢ eqvipm¢nt required by 4rcialist departments at the HHFT that IS not available frorn the Nation41 H¢alth Service. Th¢ Tru51ees have reviewed ihe objects aTKI are satisfied that the charity meeis the qUIreMeNts within the publi¢ benefit guidance. Tlr accounting policies Adopted to firth¢r ihes¢ obje¢tives aTe set out in Note I to the financial statement& There have been no marerial changes to th¢8¢ policies in the year. The main objeciive for the yeaT was to Taise suffKient funds for the equipment for the HHFT. Th¢ 5trnt¢Eies employed to achieve the clwitablc ObjtIveS are- • To arrdnge profitsble activities io raise fijnds for the charity * To rnise the profile of the charity within the IIKal area Th¢ Trwt Deed gives the Charity power lo make any investsneni which the Trustees see fit. Re5CTve5 policy It is the policy of the charity to maintain unrestricted fiuth, which the free reserYe5 of the ¢haTity, a¢ £65,000 which provides suifieient fimds to cover managemeni and adtnini5tration aNt suppon costs and io respond to applications for grants for Iwspitsl equipment which arise from ¢0 tin%. c1 reseThes stsrtd ai £121.529. Page 2
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2123 STRATEGIC REPORT Financlal revlew Golng concern After ttbaking appN>pTiaie enquiries. TT hve ¥ Teasonable expectalion that the charity has adequate resources to ontinue in operational existence for the foreseeable fiJture. For Ih]"s ieason they continue to adopt the going concem basis in preparing the financial Statents. Further details regarding the adwion of ihe going CoeM basis ean b¢ found ir] the accounting polic5e$ STRUCTURE, GOVERNANCE AND MANAGEMENT GoverDlng doc¥nl¢ The charity is controlled by its governing docu[lL a deed of and conlteS a limited company. limited by guarantee, a5 defined by the Companies Act 2006. Hampshire Medical Fund as a charity is governed by its Trust Deed dated 30 April 2021. The charity'5 Trustees are listed on page 3. Re¢rultment •nd appolTrtmeDt of Trew trllstees The managemeni of the charity is the responsibility of the TnLStees WIK) we elected cowted LU)der the ternLS of the Tr$1 deed. New Trustces are r¢¢ruited based on identifd needs and a&%essed suitability by the &)ard of TTuskes. I[u¢t10n trdining is 8iva) in fotm of in role l¢amin& Org4n158tlon81 stru¢tur¢ The Tnl¢eS meet regularly to discu&$ the affairs of the TnLSt and decisions re8ardin8 Allraising and the purchase of equipJDEnt. Rtsk nh*nagement The Trustees hav¢ assessed th¢ major risks to which the chariry is exposed. in particular those rclatcd to th¢ ¢)P¢Tations and finances of the chariry, aThJ are satisfied that sy5tel are in place to Jnitigale our exposure to ihe major risks. REFERENCE Af4D ADMINISTRATIVE DETAIIS Reglstered CDmpany #umber CE022855 (England atKI Wales) Reglstered Cbarity llber 1192553 Regtstered offjee Basingstoke & North Hampshire NHS Hospital Ald¢rnuston Road Basing510ke Hampshire RG24 9NA Trustees T G Hudson Mrs R Foot Ms L Alloway S Troughion N ArntroN Ms H Mason Ms L Arnott T Nedas D M Benion- chairnn Ms A Shah Page 3
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 REFERENCE AND ADMINISTPATIVE DrrAII Independent Eilmirttr Wettone Maiihews Limit Chartered Certified Accounthnts Market How¢ 21 L¢nn Street Alton GU34 IHG Govero Lord 8th1 Lady Uoyd~Webber. PJtron5 Lady c01 Wahyen. Govern Dr Aytdrew Bishop MA MD FRCP. Gov¢n¥Jr R¢port of the trwstees. incoojornting * strate8i¢ TeP)rt. Ipplov by deT of tbe i¥)Jrd of tnW¢eS. •s ih¢ company directors on 24 April 2024 and signed on behalf by. D M Benton. CThairnMn . TD*¢
INDEPINDEP4T EXAMINER'S REPORT TO THE TRUSTEFS OF HAMPSHIRE MEDICAL FUND Independ¢Dt exanller'S report to the trustets of Hmpshlre Mediell Fund I'the CoThp8ny') I report to ihe Charity trus on my examinatiort of the accowts of the Company for ihe year ended 31 D¢¢¢mber 2023. Responsibilities •nd bash ol report A5 the charity5 tW5t¢es of the Conwany (and also its directors for the purpoS ofcornpany law) you are responsible fr)r the Preparaiion of ihe accounts in aecordanee with the requirements of ihe Conwanie5 Act 210 ('the 2(K)6 Aot,). Havin8 satisfied myself that the accow)ts of the Conyany are not ¥equired to be audited under Part 16 of the 2006 Act 2nd are eligible for indepe[¢1 examination. I report in rryect of my examination of your charitys accounts carried out under Section 145 of the Chariiies Act 2011 {'Ihe 2011 ACV). In carrying out my examination I have followed the Directions given by the Chariry Commission undcr Section 145(5) (b) of the 2011 Aci. Independent exmlner's statement Since your charity's gross inrom¢ exceetsj £250,(MMI your examiner be i rnember of a list¢d body. I can confimi that I am qualified to undenake ihe examination becae l am a Thmber of the Associaiion of Chartered Certified Accounlants. which is one of the listcd bodies. I have conwleled my examination. I confinn thjt no mters have come to my atlention in connection with the examination givin8 Irie cause to b¢li¢ve: accouniing records were not kcpt Èn re4)ect of the Coft4)any as requiTcd by Section 386 of th¢ 2006 Act. or Ihe accounts do not accord with t1C TecoTds: or thc accounts do Th)1 comply with the acc(Hmting reqyirements of Section 396 of the 2006 Act other than any requirement thai the gi a and fair view which is noi a matter considered as part of an independent exart]ination,' or ihe accounts have t1 been prepared in accordance with the methcth aT¥J principles of th¢ Sta¢ement of Recommended Practiee for accounting and reporting by chariiies (applicable to Chariti preparing their accounts in accordancc with the Financial Reporting appli¢abl¢ in lhe UK and Republic of Ireland (FRS 102)). I have no concems and have come xToss no other matters in COMCli0n with ihe examin8tion to which attention should be drawA in this report in order io enable a proper understanding of the accounts lo be reached. P du Gay. FCCA Wettone Matthews Limiied Chartered Certified Accounthnts Market Hou5C 21 Lenten Street Alton U34 IHG Date= ..... Pa8e 5
HAMPSHIRE MEDICAL FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total fut 2022 Tolal fttds Un[en¢t? Rcsiricd Nol INCOME AND ENDOWMENfs FROM Donaiions and legacies 135,472 313J6 166,708 195.084 Other trading activities Investment income 624ffi65 10,147 66.015 690,680 10,147 396,861 372 Total 770384 97251 867J35 592.317 EXPENDITURE ON Raisin8 fuThls 382,418 382,418 270.620 Charlt8ble etivitie5 Medical Equipment Costs 133J73 270268 403J41 316, 108 Oth¢r 3900 3,621 Tot41 519091 270,268 79(1.159 590.409 NET INCOMEI(EXPENDrruRE) Trsn5fers betweem funds 250J93 1162,161) (173.017) 162,161 77,376 I,Q08 14 Net movement In fun( 88332 (10056) 77J76 1.908 RECONCILIATION OF FUNDS Total fvnds brought fomrd 33397 112ffi72 A45.969 J44.OOJ TOTAL FUNDS CARRIED FORWARD 121 J29 101.816 223J45 J45.969 The noTes fomi part of i1se finarteial statcrrts Page 6
HAMPSHIRE MEDICAL FUND BALANCE SHErr JI DECEMBER 202J 2023 2022 To141 f¥nds Js ru#d$ CURRENT Assrrs Debtoys Cash at bAnk &479 314J63 24479 275J97 590J6• 29.677 913.615 319J42 614739 943.292 CREDrroRS Amounrs falltng du¢ withinone )Yar 12 (19V12) (19A•n) 1391J94) 1797.323) NET CURRENT A&SEI3 111 JJO 223J45 145,909 LIABILITIES 1•1415 223J45 145.969 NET ASss 121 J3• i•iJis 22JJ45 145.969 14 Unr¢Tre1cd fund5 121J3• ioiJis 33.297 112,672 TOTAL FUNDS 213J45 145.969 The Charifabk conwiy is ¢rAitkd to ft(¥p audit lOn 477 of the ColDi¢s Ad 2006 for the year end 31 Ik¢¢nthr 2023. The member5 not required the Corywiy (th•bn aTh wlil of its flu181 thternMts for thc yeAr thded 31 Dember 2023 in accordance with Section 476 of the CthDpnies Act 2(Kl6. The thtsitts acknowledge iheir rytisibiliiies for {a) ensuring thai the ¢trlIable conw keeps Yer& that with Secti(w 386 aTKI 387 of the cOnleS A¢t 2(rfJ6 pr¢paTLnÈ fth•ncial stateme% wbich 8ive * WKI fw view of the sttr of •ffw'r5 of the ¢h•ritsbl¢ ¢on4)any at ihe end of each fina1&1 yur arnl of its s)1U5 or defKit for each year in J¢COTdGc with the requiTenKnls of Sections 394 4fy1395 and which Other comply with the regUiTenKnls of th¢ Conw)niu Aei 2006 relin8 to finan¢ial SIts. so f•r 45 011¢•b fo ih¢ dwit¥bk ¢omFqny. (b) The financial statements thve approved by t BoJTd of Tn*es fffjd fty issue on 24 April 2024 and were Si8ntd on lis behf by.. D M B¢ntrtrn. Chairnwi.
HAMPSHIRE MEDICAL FUND CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 2Q23 2022 No¢es C85h flows from operxting ACtlvltSes Cash generated from operatior (333452) (123,070) Net rash used in (yerating activities (333.452) (123.670) Cash nows from lttvestlne 4¢11vl¢ks Int¢res¢ rec¢ived IQ147 372 Nel cash piovided by inlIng aCtivili¢s 10.147 373 Change in cash aDd easb eqll5vleDts I the reportlrtg p¢rlod Cash And eash equlvgkttts at the beEinnin# of the reportlDg perlod <323J05) (123.298) 913,565 1.036.863 Csh and e*sh equivaleDts at the eAd of tb¢ r¢pDrtlng period 5911,260 913.565 The notes forn] part of ilLse financial ststernents Page 8
HAMPSHIRE MEDICAL FUND NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net In¢ome Cor the TwrtI perlod (4$ per the Stalenxnt of FID•Dd*l Activlties) Adjustm¢nts for: Interest received Dccrcasc in debtors Decrease in creditor5 77J76 1. 908 (10,147) 5.198 (405J79) (372) 199, 797 fJ25,003) Net cash •sed In 0ratIOnS 1333,452) f123.670) ANALYSIS OF CASH AND CASH EQUIVALENTS 2023 2022 Noti d¢posits (less than 3 months) Overdrafts included in bank loans ind ovetdralis falling due within one year 913.615 (50) Tothl c&8h and cash equival¢1$ 590260 913.565 ANALYSIS OF CHANGES IN NET FUNDS At 111123 Cth flow At 31112123 Net cash Cash at bank Bank overdraft 913,615 150) (323J55) 590,260 913565 (323J05) S90,2611 Total 913.565 (313J05) 590,2611 The note5 fornipart of these financial sthtements Page 9
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Basls of preparing the finam¢ial st•temeTrts The financial statements of the charitsble company, which is a publi¢ benefi¢ entity under FRS 102, have been prepared in XCordan with the Charities SORF (FRS 1021 'A¢couniing and Reporting by Charities.. Statement of Recommended Practice applicable to chan"li&s preparing their accounts in accordance with the Financial Reporting Standard applicable in thc UK Republsc of Ireland (FRS 102) (etTective l January 2019),. Financial Reporting Standard 102 The Financial Reportln8 Standard applicable in the UK and Republi¢ of Ireland, and ihe Companies Act 2006. The financial statements havc been prepared under the hisiorical c05l convention. Imcome All in¢ome is recognised in the Sthtement of Finala1 Aciiviti&S once the charity has entitlement to the fiLnd& it is probable that the iOme will be received and the amDuTht can be measllTcd reliably. For legacies, entitlement is taken as the earlier of the date on whtch ¢ith¢r,' the charity is aware ihat probate has bttn 8ranied, the estate has been fu1]Sed and notificalion has been made by the execuior(s) io ihe Trust that a distribution will be made. or wn a distribution is Yeceived from the estate. Receipt of a legacy, in wknle or in pJrt, is only considered probable when the amouni can be Me&4 reliably and the dlarity has been notified of the execurorfs inteniion to make a distribution. Where kgacies have been notified. or the chatity 15 aware of the granting or probate, and the criteria for inconx recognition not been mel then the le¢Y 15 treated a contingent asset and disclosed if maietial. Income tax Txov¢rnble in tel10n io donaEions received under Gift Aid is recognised at the tirnc of the donation. Income tax recoverable in relation to inveslrne income is TttO8nised at the time the investN*nt in¢om¢ 1$ receivablc. EApeAditllre Expenditure is recognised otKe there is a legd or constructive obligation to transfer economic benefit to a third party, ir is probable thai a tran8ftr of ecoDOmiC Inefits will be required in sertlement and the amouni of tl obli8ati(m can be rnea5u reliably. ExwditUTe is classifd by activity. The costs of each activity ar¢ mad¢ up of the Ial of direct costs and shared cthst4 iludIng supiK)rt ¢OSts involved in undertaking each activity. Direct costs aitributable io a single #Ciivity are allAl¢d directly to that ¥clivity. Shared costs which contribute io more than one a¢tivity support costs which are t attributable a single activity are apportioned between thos¢ activities on a basis consisteni with the use of r&sourccs. Central Staff costs are allocated on the basis of lime spent, and depreciation charge5 allocated on the portion of the asset's use. Fundraising ¢osis are those Ired in seeking yo1nI8ry contributions and do TK)t inclllde the costs of disseminaiirtg information in support of charitable activities. Support costs are ihose costs incurred dire£tly in support of expenditure on the objects of the charity and include proje£t managem¢nt caje¥l out at HeadquaneTS. Govtrnance costs are those incurred in connection with administration of the charity aJMI compliance with constitutional stathtory requirements. Costs of generaiing fimds e costs irteu in atlracting voliinlary IrOn. and ihose incurred in trading aeiivities that rdise funds. All resources expcndcd are inclu5iv¢ of iTrecov¢rable VAT. Taxation The charity is exempt from corw)rdtion tax on its chaTithble activiiies. Fund Aecountlm8 unStriCted fuThJs can be used in accordance with the ¢TrlIable objectives at the discretion of the trustees. Pagc 10 ¢ontinued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL sfATEMEiYTS- ¢••thiu¢d FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICILS- eontlnued Fund #ecoyntiDg Restricted funds can only be used for particular restri¢knJ within the obje¢ts of the charity. Restrictions arise when specified by ihe donor or kn fjjnds are raised for partieular restricted purposes. Investment in¢om¢. gain5 aThJ losse5 are alkuted to the apprnpriate fiuMI. Further cxplanation of the nature and purp)se of each ffijnd is in¢lud¢d in the }VeMent in fimds notes to the financial statements. DONATIONS AND LEGACIES 2023 2022 Donations Legacies 119.162 47,540 163.954 31. 13 16A7118 195.084 OTHER TRADING ACTIVITIES 2(123 2022 Fwidraisin8 events 690,680 396,861 INVESTMENT INCOME 2023 2022 Deposit account interasi 10.147 372 RAISING FUNDS RalslDg doD8tlons and legacies 2023 2022 Staff costs Eveni expenses Support C051S 99,797 228324 54J97 104.407 122.095 44.11 382,418 270,620 Pagell ¢ontinued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMLNTS- ¢ontiiued FOR THE YEAR ENDED 31 DECEMBER 202J CHARITABLE AcfiviTIFS COSTS Direc¢ Costs Medical Equipment Cosrs 403WI SUPPORT COSTS Governance costs Finance Totals Raising donations and legacies Oiher r¢sourees exputhd 54J97 2,100 $4a97 3,90D 56A97 58,297 TRUSTEES, REMUNERATION AND BEI¥EFITS There were no trustecs, remurnti¢)n or other benefits for ihe yw ended 31 December 2023 nor for th¢ year ended 31 December 2022. Trustees, expenses There were Th) trusttt5' extthses paid for the year eth 31 DeceTrkn 2023 nor for the year ended 31 December 2022. STAFF COSTS 2023 2022 Wages and salaries 99,797 104,407 99,797 104,407 The average monthly numbcr of employtts during the year was as follows: 2023 2022 Fundraising activities No employees received eJ[M)lUnIts in excess of £60.IXK). Page 12 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENfs- e•ntiDYd FOR THE YEAR ENDED 31 DECEMBER 2023 io. COMPARATIVLS FOR THE &fATEmE OF FINANCIAL AcrivrriLS Unrestrict¢d fu R¢stri¢ted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 142.178 52.906 195.084 (hher trading aciivities Investmeng ineome 396,861 372 396,861 372 Total 539,411 52,906 592,317 EXPENDITURE ON Raising funds 270.620 270.620 Ch8rlt4bk 4ctivi¢i Medical Equipmeni Cosis 8,714 307,454 316,168 Other 3,621 3,621 Tot*] 282.955 307,454 590,409 NET INCOMEJIEXPEIYDITURE) Tramfers betwetn fllttds 256,456 1293,4931 {254,548) 293.493 1.908 Net movement in fwnd5 (37.0371 38.945 RECONCILIA TION OF FUNDS Total funds brought forward 70,334 73,727 144.061 TOTAL FUNDS CARRIED FORWARD 33.297 112.672 145,969 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtors Oiher debiors Prepaym¢nts and 4c¢rued inconx 23.759 26.144 303 3.230 720 24,479 29.677 Page 13 ¢ontinued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 12. CREDITORS: AMOUNTS FALLING DUE THIN ONE YEAR 21123 2022 Bank loans arKI overdrafts (see 13) Trade creditors Sk)cial security and 011 tsxes Accruals and deferred income 50 7P5.248 392,819 (2,625) 1,290 2,025 391J94 797,323 13. LOANS An analysis of the maturity of loans is given below. 2023 2022 Amounts falling due within one year on demand: Bank overthafts 50 14. MOVEMENT IN FUNDS Ne¢ ven1 in ffijnds Transfers benveen Ai 31112123 At l/ln3 Unrestriettd fvnd5 General fund 33397 2511J94 {162,161) Ill30 Restrleted Closure At0ver Winehestcr Bronchoscope Giraffe Inc 65,(JIKI 955 955 56 (46.672) (32510) (27,689) (12.015 (11200 (55,OOQ} (8,943) 20.000 (1,056) 32,510 27.689 12,015 11,2110 s5.0 &943 lstat 2023 Transfer Vent 2023 Bowel Marker QNGR Robots Breast Dqjt In Mem 211,000 9000 6J60 IIL6n (173,018) 162,101 101,815 TOTAL FUNDS 145.969 77J76 223,345 Page 14 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENTS- continwed FOR THE YEAR ENDED 31 DECEMBER 2023 14. MOVEMENT IN FUNDS- eo•tlttued Net movement in fvnds. in¢lwJed in the above are follows: Incoming resOu¢S Resources expended Movement n fimds Unrestrlcted fMnd5 General fid 77184 (519890) 250J94 Restrleted funds Al0ver Winehestcr Bronchoscope Giraffe Inc Fe¢s Istat 2023 Transfer Vent 2023 Bowel Marker 955 955 56 (46.672) (32,510) (27,689) (12,015) (11,200) (55,000) (8,943) 20.iMIO {46,672) (98J25) Q7.779) {ILoIs) (13250) (5&01NJ) (17.028) QNGR Robots 20.OIKI 97,251 (270,269) (173,018) TOTAL FUNDS 867.$35 (79D,IYJ) 77J76 Compar&¢fve5 Cor moYemeAt ID funds Net nxjvement in fun Transfers between At 31112122 Ai Illn2 Unre51rl¢ted fuDds General 70.334 256.456 (293,493) 33,297 Restricted funds C105ure Andover HGF Fund Winchester Urogolgy Laser CAS ONE Cellular Path Resmon Scope Guidcs Heart Monitors Bronchoscope 65.0 65.(KlO 59 7.668 (59) (7,668) 30,0(KI (178.808) (12,306) (2,500) (63,728) (27,206) (30.000) 178,808 12.306 2,500 63,728 27,206 46.672 46,672 73.727 (254.548) 293,493 112,672 TOTAL FUNDS 144.061 1,908 145,969 Page 15 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 14. MOVEMENT IN FVNDS- coadnued Con4MrntiYe rKt IVernent in fimd& irKludEd in th¢ abov¢ as folk)ws: Incoming sou¢$ Re50UIC expended Movement in funds Unrestrirt¢d fund5 General fund 539,411 (282,955) 256.456 Restricted funds Urogolgy Laser CAS ONE Cellular Path Re5mon Scope Guides He Monitors 30,000 (200.000) 122.305) 113,719) 174.224) 127.206) 30,000 {178.808) (12.306) (2.5001 (63.7281 127,2061 21,192 9,999 11,219 10.496 52.9[ (307,4541 {254.548) TOTAL FUNDS 592.317 {590.4091 1,908 Pa 16 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENTS- ¢oTrtinued FOR THE YEAR ENDED 31 DECEMBER 2023 14. MOVEMENT IN FUNDS- eoMtl*¥ed A Current year 12 ny)nths aThJ prior year 12 JnontlL% combined [>Sition is as follows.. Net movemertt in fuThJs Trnnsfers betwttn A¢ 31112123 At iiif22 Unrestricted fundj Gener45 fund 70J34 506,850 {455,654) 121,530 Restrleted Closure Andover HGF Fund Winchester Urogolgy Las CAS ONE Cellular Path R¢smon Scope Guides Heart Monitors BTonchoscope Giraffe Inc Ftt5 Istat 2023 Tran5fcr Veni 2023 Bow¢1 MaTker QNGR Robo Breast Dept In Mem 65.(kn) 59 7.668 65,000 955 955 (59) (7.668) (1,056) {30,000) 178,808 12.306 2,500 63,728 27,206 46,672 32,510 27.689 12,015 11.2Tr) 55.0 8,943 56 30,000 {178,808) {12,306) (2.500) (63.728) {27,206) {46.672) {32,5101 {27,689} {12.015) (11.200) (55.000) (8.9431 20.0(K) 20,000 9.500 6.360 6,360 73.727 (427.566) 455.654 101,815 TOTAL FUNDS 144.061 79.284 223,345 Page 17 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMEIYTS- akntiJw¢d FOR THE YEAR ENDED 31 DECEMBER 2023 14. MOVEMENT IN FUNDS- tontlnued A current year 12 monihs and prior year 12 nK)nttk% ¢ombined net movement in fund4 iTJcluded in the above are as follows.. Incoming Resource5 cxp¢nd¢d Movement in funds Unrestrl¢ted fu*d$ Gener41 fund 1.309.695 (802.845) 506,850 Restricted funds Andover Winchester Urogolgy Laser CAS ONE Cellular Path Resmon Scope Guides Heart Monitors Bronchoscope Giraffe Jnc Ftts Istat 2023 Transfer Vent 2023 Bowel Marker 955 56 955 56 30,OCM) (178.808) (12,306) (2,500) (63.728) (27,206) (46.672) (32,510) {27,689} {12,0151 {11,2001 (55.0001 {8.943) 20,(M)O 30.000 (200,000) (22,305) (13,719) (74,224) (27.206} (46.672) (98.5251 (27,7791 (12.015) {13.250) {55.LM>O) (17,028) 21,192 9,999 11219 10.496 66,015 90 2.050 QNGR Robots 8.085 20.(K)O 150.157 (577.723) {427,566) TOTAL FUNDS 1.459.852 (1.380,568) 79.284 15. RELATED PARTY DlSCtnSURFS There were no related party iransaciiotss for th¢ ended 31 December 2023. Page 18
HAMPSHIRE MEDICAL FUND DETAILED STATEMEf4T OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 21J23 2023 2022 INCOME AND ENDOWMENTS DDn4¢lons And legaeies Don2tion% Legacies 119,162 47J46 163.954 31,130 166,7D8 IP5,084 Other tradlng actlvitits Fundraising events 6YJ,680 3Q6.861 Investment income Deposit accowjt interest 10.147 372 Total in¢on% reSDur¢e5 867J35 592.317 EXPENDITURE R8lsln8 donatlons And Itga¢les Wages Eveni expen% 99,797 22&224 104,407 122.095 32&02J 226,502 Charltsbk a¢¢ivities Medical equipment costs 403•1 316.168 Support eosts Flnanee Office cosrs Bank chaTges Genernl exF*nscs 46269 1.977 8.251 40.054 2,836 3.349 56,497 46.239 GoverDan¢¢ costs Independent examinevs f¢¢s IJOD 1.500 Total resources expermled 790,159 590,409 Net Ineome 77J76 1,908 This page does not fornl Part of the statutory financial statements Page 19