REGISTERED COMPAIYY NUMBER.. CE022ASS nd w¢1 REGISTERED CHARITY NUMBER: 1192553 REPORT OF171E TRUStELS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR HAMPSHIRE MEDICAL FUND WETTONE MATTHEWS CHhRTF.%ED CEATIFIED ACCQUNTANYS Wenone h¢$ Limiied Clrtered Certified ACcrrfIls 21 Le1 Stre¢1 AItOD GU34 IHG
HAMPSHIRE MEDICAL FUND CONTENfs OF THE FENANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECE.MBER 2024 Report of the Trw¢s lod¢peAdwt Report Ststememt of FthADdl Actlwldes Bl¥Jnee Slwet Flow Statemellt Nt)tes ¢• the Ch Flow Sthttm•t r4oteJ t• the Fth#•d Stateme 10 10 18 Drtalled Statemeot r•f Fth1bd Adlvliies 19
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTELS FOR THE YEAR ENDED 31 DECEMBER 2024 The trusiees who are also directors of the charity for purposes of the Companies Act 2006, pr¢s¢nt their report with the financial siaiements of the charity for the year ended 31 December 2024. The twste¢s have adopted the provisions of Accounting and Reporting by Charilies.. Statement of Recommended Pra¢iice applicable to charities preparing iheir accounts ID accordance wilh the Financial Rewrting Standard applicable in the UK and Republi¢ of IrelaJMI IFRS 102) (effective l January 2019). OBJEcfivES AND AcfiviTIES ObJe¢tive5 and aiD The objecis of the charity are to rnise fimds to providc eqUipnnI required by specialist deparnnenis at the three North Hampshire Hospirals (Bosingstoke, Winchester and AThJover) that is available through NHS budgets. The tnLStee5 have reviewed the i*&jects and are Wisfied that the charity the requlrcThnls within the public benef guidance. The main objective for the period was io raise suffi¢ieni fimds to bjy equipment for the Haryshire Hospitals NHS Foundation Twst (HHFT). The strategies employed to achteve the clwi"ty's objectives are.. - To aTrang¢ profitsble xiiviiies to raise fuTKls for the charity. - To raise the proflle of the charity within the local ar Rèwièw of actlvltles 2024 saw over 20 pieces of equipment pUhased for our hospitals. Included in this was the purclwe of the first rokntic equipment for HHFT in the form of an aquablation robot for pr05tste surw. Our Friends of Harnpshire Medical Fwid continues io be a gr¢at wces5 and enables continue to cany on our work. A huge thanks to all of those Feople who are friends artd also everyone who swrts through regular giving. We held I l events in 2024 whi¢h maik a net irKome of £225,(MKI. These events are made pissible thanks to many people giving UP their valuable time and l ihank thetn all very foT their energy. enthu5i&sm a1 generosity. We also thank the 22 Charitable TnLSts who cumulatively d0Tted J$1 over £I99,c io us in the year. These donations Jnore than ever are 50 importani as wsonal giving h&$ coniinu¢d to suffer to the cost of living crisis. We find ourselves more generally in uncertain lins. and whilst events will remain a key part of what we do. we aLso need to gTOW our regular income, so the fn.ends are more imponant io us than evel- we need to grow both clubs, al to spread the word more widely across Han]pshire and I(k fonvard io doing this in 2025. STRATEGIC REPORT Achlevemettt attd perfortmnce The ttledical equipment Consultants and Nurs¢s in Basingstok< WinCh¢er and Andoyer Hospitals put forward their r¢qu¢sts for equipment. the tncdical TnLStees review those requests K) help decide which equipnynl to raise funds for. P•bile relgtlons & the Inedia We have had good coverage in thr media over the last year. this is because of the equipment we have btsughi. The hatity has be¢n on BBC local new5 and we have also bcen in the Iixal newspapers a few times, due to the events that have been held to fundraise for the charity. We are very active on social medii whever we buy a new pie¢¢ of ¢quipmenL or hold an eveni. this goes onto Facebook and Twitter. which mIl[lY gets a go(MJ reaction. We have a gLd working [eIlonshIP with BasiTrgstoke Hospitsl radio.. they always come to our events and tske part wben wc hold fUnd[S at ihe Hospital. Page I
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRATEGIC R£PORT Achl¢vem¢nt perforJuAD Se£tiop 172(1) stleweDt The Trustees acknowled8es th¢ Sl 72 reponin8YequimnentLs an (ywrtiinityto explain how di8108ue 5tskeholders I infomied 8nd hel to slw its d]$100$ in promoiin8 the suctts5 of the charity to achieve its chitable pu0$¢$. The board of TnLStees undern1 the impodaNYof m•iDlainingwThductive Ttluionships with all 5tak¢holdas. We have contifted io focus on ensuring that we provide lh¢ NHS Twst and their con5¢itueDts With the opportuniti&8 for the puyclwe o(equipnKni that ptovide tIts with itiwval treat1 PQ5sibiliti¢5 in its wi1 definiiion. The Twste¢S C4n (kmonstrate the Fwmotion and succ$ of the thariiy for the benefit of a115takeholders. Succes5 is achieved by empowering the Hampshirt eornmunity to ditettly impact their hospitals by suppJrtin8 the HMF 1$ its t4thYows in nising futtds to puhaS¢ ttIn8 Se me41ieAI equipmcnt for the 3 NHS h06pathls. The HMF TNslees a ceDtyd on aLNuiiing the besi equipn%nt whi¢b helps the hospitals attrn¢t and retsiri th¢ besi onsultan15. junior dt0[s. nurses ]d theEXPiSt5 to we for the conununity in Hampshire. The Trnstees are rnsponsibl¢ for th¢ Tagic plannin8 of the HMF &YthdiD8ty. all kry decisions . the cumt perfOnna0 and IoD8er terni pl#n5 orth¢ th8rity Jnd $k¢ll0)derS refoTed to and takcn by the Board ofTrusiees. The rpote 8ovoJllnce of the charity is TthiDiStered by lay mcmb¢t3 of th¢ board of TNstees and covets audit . remunerati(ffi and nomitmtion fiuKtions. The Try5t¢¢s have woTk collaborntively with the stsff and listened to feedw from the Chwitys st4k¢hold¢TS wnd believe th the is well positioned io rwd to any I1 Clin? to Proll¢¢ the su(xess of the Hampshire Mdical FuThJ. FIMttdl r¢vlew FlnAtsdl posltton The charity Eeceives lis itjeome fm doDi0Tr5 •Md fundraisillg tivities. Totsl ijKxKning &oUr¢C$ for tbe perifyj are £958,263 (2023.. £867,535). Tothl resourff3 ¢ADded io th¢ puiod were £878,477 (2023: £790.159) and the re5ultin8 net SulUS wa3 £79.786 (2023.. £77.376). The f¢ Unr$>1 the C1 of th¢ tui¢)d was £143236 (2023.. £121,530}. IAve5tnKnt pollcy and obJV The objrxts of the charity are io raise fund8 to ptDvide b4ui[tIi[Co by specialist deptmeDt$ at the HHFf that is not av¥ilabl¢ from the Na¢i¢xMI Health Seryitt. The Tnjstees have reviewed theobjeLXS tI$fi¢ll that the thwity meas the withinthe public benefit guidano. The acc11& p)licies lopted to fith these objec4sves are sd oui in Not¢ I to th¢ finaTrc4ai sthtemeats. There been no mari81 ChSe$ to these p)licies th¢ yc4r. The main objective for the year was to raise sufficit f¢)r tyiipmmt for the HHFT. The strnte8i¢5 employed to achieve the t11ble objeLltves arw. • To arran8e profitthe activities IO rydise foT the charity * To Tais¢ the profik of the clwity wtthitt the local area The Trust Deul 8ive4 th¢ Cknity ppwry mthe any investment w"£b the Trusttts stt fil. Reserves plky It is the N)liey of the ¢haTiry to nuintain unrestriLtsI funds. whith ar¢ the free resffvtt% of th¢ eharity. at £65,(M)O which provid suffieient fimds to ¢ov¢r mana8emeot and thitiisrmion and 5UPP)rt C4)sts and to respond ts) 4)plication5 for grants for hospitsl equipmenc whieh ¥rise fmm rirne to tima Cuffent reserves 5tsnd £143236.
HAMPSHIRE MEDICAL TriIND REPORT OF THE TRUSTEES FOR THE YEAR EI¥DED 31 DECEMBER 2024 STRATEGIC REPORT Fln•n¢i#l r¢vl¢w Golag roDeern Aft¢r makirtgapprDpriaie qUiries. th¢ Tru5tee5 have a r011¢ expxtstion thatthe eh•Tity Ilas 8dequ8te resource5 to continu¢ in opei0a] exisiellce for th¢ foffse¢able fiJiw& For this rewn thry &)ntinue to adopt the goin8 amcem b&sis in preparing the fin¢181 ststemertts. FuTther detsils r¢gardin8 the •&¥Aion of the goin8 b&si$ ean be found in the &counling policies STRUCTURE, GOVERNANCE AND MANACEMENr GovernlAg The is eonirolled by its governing duMen a de•J of thtsL and Lx)nstitut&% • limited company. lirni¢e41 by BuaRTrt¢¢. as defitted by the Con¥y80ies Ad 2(Y)6. Hampshirt Medi¢81 FutKI as a charity is govern by its Tntst tle¢d (kntJ 30 Apn'l 2021. The ¢haritgs Tnmees Are listed on page 3. R¢cruItsllt And pltment of new trurteey The maDog¢ment of the charity is the rwibilityof ihe TAttt$ who are ted and cwted the t¢nns of the Trust deed. N¢w TnT5¢e¢s ¥r¢ recNi¢•J ba5AI on ideniifil needs •xl SeSsed suitabiliry by the Board of Trustees. Indudion traiDill8 15 8iven in th¢ foTtn of in role1¢4nill& Oryttnls#donl strueture The Trusttts n)eet regularfy to disaw ihe affairs of the Trll Jnd make de£isioDs tegwding fiuthising and thc PUrche of equiprnertt. Rhk mn4g¢meMt The Tn1¢¢5 bave assessed the major risks to wljich The charity is eXSe0. ID paniojlw tty)se related io tbe operatioDs and fIa1)c of the dwiry. and are satisfied that systans are in pl¢ io miii8lt¢ ouraposiire to the major risk& REFERENCE AND ADMINisfRATIVE DETAIiS R¢zlgtsred Compny llumber CE022855 ngland Wales) Rstered Cb•rlty 1ljIr 1192553 R4l*tered office Basingstoke & North Hampshire NHS Hospitsl AldernJDston RoRd Bosingstoke Hampshire RG24 9NA
HAMPSHIRE MEDICAL FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER M24 Trnste T G Htsdso Mrs R Foot (resigned 261912024) Ms L Alloway (resi8tstsJ 261912024) S Trou8hton Irtsigntyj 261912024) N Arnistrong Ms H Mason Ms L Amott TNeth D M Benion- Chairma Ms A Shah R Blaxland (appointed 20111120241 L DeLal0 (apintl 111212025) k Willi&n8oll (44)oitit¢d 231412024) IAdepeDden¢ Examlner Wettone Matthews Limited Chartered Certified Accovnwlts Mark¢t Hou5¢ 21 Lenten Stst¢t AIEon GU34 IHG Governorn Lord and Lady Uoyd-webber. Patrons Lady caTts[ Warr¢n- Governor Report of the Inc(Jiog a 8tr8Wi¢ WrfJTL prvoV by order of the i(d oc trustees. as the company diredors, OA 13 May 2025 d siBn¢d on the behalf by". D M Benton. Chaimwi- Tntte
INDEPENDE EXAMINER'S REPORT TO THE TRUSTEES OF HAMPSHIRE MEDICAL FUND ex•mlAeVs report to Ihe trusteej of Hmphlre mod11 F•Md fthe Compy,) I report to the charity trusl¢es on my examination of the ?OUnts of the Company for the year 31 December 2024. Responslblli¢les and bsls of rqxrt As the clwitys m]stees of the Company (and also its direct¢)T5 for the of COMpY law) Yt afE Te5pon$ible for th¢ pr¢pgrntion of the xcowi¢5 in IOrd with the Tawiw¢ments of the Companies Act 2( fthe 2006 A¢tt). Having satisfied my5¢1f that the of the Company are ttot required to be aKliied under Part 16 of the 2(K)6 Act d are eligtble for in&wdent examin¥10 I report in Tespea of my exnin8tion of yourchgrity's ¥wiints s caTTi&I out u]th Seetion 145 of the Charities Act 2011 fth¢ 2011 ACVI. In catryAtt8 out my examirtation I have followed the Directiotts given by the CIMrity commion under Srylion 14515) Ib) of the 2011 Aa. lodependeDt eiAml#eei yt#teme•t Since your chority's 8n)SS Lrteorne exee&d £250.(NJ) your eMmin¢r must te 8 member of a listed IM)dy. l ean ¢onfimi that l am qualified io llndtrtake ihe examination be£t l am a met)ber of the Associatio of Chhrtered C¢rtifi A¢CoUntsn which is one of the listrd tJlies. I have complet1 my examination. I wnfirni that miers baye eom¢ to my allffition in conTrxtion with the axamination giving me eaw¢ to b¢lieve: awwnting records were ttoi kqx in respttt of thecryy as re4wimJ by Seaion 386 of th¢ 2LKJ6 Act. or the accounts do TK•t a[d with those TordS. ( the xc4)uAts thy not mplY with the xcountin8 requirtmthts of ScLion 396 of tk 2(X16 Act other than any requitemeni thai the e0lts givea In fair viewwhich is nora matt¢r¢on8idu¢d 0$ part of on iftd¢prn(knt ¢x4min8tion' or the aLrount5 have not be pr¢paTrl in a¢dance with the rncAlh)ds a principles of the Ststement of Ornmen¢J¢d Prn*ic¢ for xwwting aTJd ryKKting by charrEie• (applithle lo chariiies pteparing their aOUnts in a¢cord8nce with the Fift181 R9ing Stsndatd 4ylic4ble in the UK and Republic of lttland (FRS 102)). I have no concerni and hav¢ no other matteT5 in conwtion with ¢h¢ wmination to which attention should be iirnwn in this report irt ordtr to ertable & proper t[Stan8 of the &Ly)UDts to be Te¥h. W crjeher. FCCA Wetton¢ Marthews Limit• Chartered Certif] Accountants Market House 21 Lent¢D Street Alion GU34 IHG
HAMPSHIRE MEDICAL FUND srATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 rolol Utitestri¢*d RestriLted Ne5 INCOME AND ENDOWMEI¥TS FROM Donations and le8acies 290J79 166.708 (Xher tr]ng aaiviti¢s Inv¢slment income $73h75 9119 19 657065 9019 090,680 10,J47 17Q477 9S8263 867,535 EXPENDITURE ON R•isin8 fimd$ J45,903 382.4J8 Irhable Iethltl Medical Equipneot Costs Gr8nt$ 18OJ27 17J175 329J86 509J13 17,075 403.841 3.900 Ttttsl 549JrJi 329J86 878.477 790,159 NET INCOMEI(EXPENDITURE) TrAnsfers betweeo (158.909) 216,989 77.370 14 (211989 Net movement IB 21.716 77.376 RECONCILIATION OF FUNDS Total funds brought forward 121J30 1•1ois 223J45 J45.969 TOTAL FUNDS CARRIED FORWARD 143236 159J95 303.J31 223.345
HAMPSHIRE MEDICAL FUND BALANCE SHEET 31 DECEMBER 2024 2024 Totlll ds 2023 Totol fvnds UnreStrict•J Rtstrictcd Notes Debtors Cash at bonk 12 3.715 257.•73 3.715 454A48 24,479 591).200 197A75 261.788 197375 458363 614.739 CREDITOILS Arnounts falling du¢ within one ye4r 13 (117J52) (37J80 (15S132) (S91,394) NET CURRENT ATs 143J36 Is995 303,131 223,345 TOTAL A&SETS LE CURRENr LIABILITIES 159J9S Jouji 223.345 NET kSSETS 143336 15995 313,lJJ 223,345 14 Unre5trictsl fuads Restrieted fund5 143236 1S9J95 121.530 101.815 TOTAL FUNDS 3•3,131 223.345 The chaTitsbl¢ company is 1111 io exemoion from audtt Stttion 477 of the Compani¢s Ad 2006 for ihe yar ended 31 Dvember 2024. Tht menLE¢rs have not T¢quiThI the eomw to i)btsin an audii of its fi[wI for tbe year 31 Deeember 2024 in acconlance with s"Oft 476 of the Companits Act 26. The tnmees ttcknowledge theiT reSEK)nM1llties foT (#) ell5ur1 tbat th¢ ch*itabl¢ keeps x¢(liD8 1% that cows>ly with Sedions 386 and 387 of the Cfflipanies Act 2006 artd preparing fill¢141 sthtementswhich 8ive a fair view of the state of affaits of the thItable company the end of each financi41 year and of its swplus or d¢fi¢it for e4d) financial yeor in tOrdCe with the Tequirnts of SectiorL$ 394 and 395 aDd which otherwise comply with the (equiTetDents of the Comp•hies Act 2(M)6 re1Ing io fin¢181 stst¢meni& $0 faT 8$ appli¢aJle to ihe cknitsble MpaTry. (b) The financial staietnents w¢ apptovgj by the Board of TrItres and authrrfised for iswe on 13 May 2025 wue S1c4j on ils btha]f by.. D M Bemlon. Cknimwi. Trustee Page 7
HAMPSHIRE MEDICAL FUND CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Cijb flows from a¢dwltle8 Cash genernted frvm opuatiOllS (145J31) (333,452) Net used in (ing aaivities {14&S31) (333,452J C#$h flows from Invesdne trtlvliiu Inter&8t rttyived 9319 10.147 Net cash provided by itivesting acliviii 9J19 10.147 Cbnge l# Ca And eqUIleats I the repDrti•8 perlod •Dd equlvalemts At the of the rq>DrtIA8 perS•d (135.712) (323.305) 59036• 913.56J C$h ttd equIv¢ts at theelld the reprtlry perlod 454y8 59LI.260
HAMPSHIRE MEDICAL FUND OTES TO THE CASH FLOW STATEMEhT FOR THE YEAR ENDED 31 DECEMBER 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2•24 2023 N¢t lfj¢ome f•r the reportlnl pttlod (•$ per IhtStatew•¢ ofFInd A¢ttvltles) AdJusents for. Int¢r¢s¢ rettiv Decre4se in debtors 79.786 77.370 19) 20.764 1236362) (10.147) 5.198 (405.879) Net ¥b wsed Im operlJo (145¥31) 33,452) AI¥ALYSIS OF CHAI¥GE5 IN NET FUNDS lilQ4 Cash flow At 31112124 Net C88h at bk 59•20• (13S712) 59•36• (135,712) 454¥8 T•t•l 59•260 (135.712) 454J48 The no fonn part of these fialat srateojents Pa8e 9
HAMPSHIRE MEDICAL FUND NOTES TO THE FINAliCIAL sfATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basls of prerIDI the Jtsternrwts The finAllci81 statements of the charitable ¢ompw. whi¢h 15 a public benefit entiry n[ler FRS 102. have been prepared in acCordce with the Chariiies SORP {FRS 1021 'Acwunling and R¢portirtg by Clwities: StsteMl of Recommended Practice applicable to d1an.iies prepftnn8 th"r counts in )ce with the Firhyncial ReNtirtg Stsndard applIcle in ¢h¢ UK 8nd Republic of ]relaThJ (FRS 102) (effective l January 2019),, Fin¢11 Reportirt8 Standard 102 Tr Finci¥l RenIng Stwthrd ¥pplicable in the UK ¥d Republic of Itelth]d' and the coMpe$ Act 21kn. The fjfjwial $tan¢nts have been w¢ped undrr the historical a)st conveniion. l#¢ome AII iDcom¢ is toniSed in the Sutemtnt of Financial Activities once the Cl1 Iw ¢ntitl¢meu¢ ¢0 ihe fimds. it is probable ihat the irnxymewill be nd thenount be mea5w relily. For legxies, entitlement is taketE a5 the e4rlier of th¢ da¢e which either. the Chariry is aware that probate has been yanted. the estaie has been finalisryj and notificwioo has Jnade by the exerutorfs) lo the Trusl that distribution will be mad4 or when a distriltirn i5 from the estate. RcIpl of a legxy, in whol¢ or in pao is only eonsidtted probable wlmi the amount cats bc Ttseas Tel&>1Y the clwity h&8 Iett notified of the execuiorfs intention to make i distribution. Whue have been notified. or ihe chariry is Aware of the 8lWting or probat< and the criteTitt fL¥ itteom¢ Tttogtlition h&8 not t¢en Enet. then the legxy is tre4ted as a contingtht &Sset aryl disclose41 if materid. Incom¢t&¥ rewerabie in rel10 to thn¥ions 1Val Gift Aid is r&>wisd * the time of the {knli0n. Income TwvVA¢ in T¢lion lo invethieni incthne is T15¢d at the time ihe investrlent income is re¢eiv8bl Expenditwe is recOlSe OAce t1¢ is a legal or constnbLtive obliwion to ttansfff eLonomie benefit to a third . li is probAble thai a trwL%fer of benefits will be rnWiTed in 5¢ulemenr the amount of the obligationcan be measuroj reliably. Expenditure 15 classifi1 by activity. The costs of ea¢h aaivity are made up of the total of dirert c(18ts and sIj costs. inciuditt8 SUPIM)rt eOSts involvoj in underking exh activity. Direct costs attributsble to a sirtgle aetiviryare alloca1 dirrKtly to that tivity. Sbared whith contribute to rnore than one aaivity 8J)d support COS which are fLOt tritable to a sin8le &tivity are apportioned ben¥eth) those tiviti¢5 on a basis con$isMt with the of r¢SoUTs. Centrnl stsff costs aTe allocat on the basis of lime sp¢nl. and deprlatiOD chwryes all¢xatsJ on thepxtioth ofthe a55&5 115 FuD¢fraisin8 Costs those inour¢d in seeking voluDW Cmtril)utions and do Dot itKltth th¢ eosts of disserniDatinginft1rnlioTr in SUprt of the ¢h8ritabl¢ a¢tiviti¢5. Support costs Are those costs incurred directly in suppon of exrrtttditur¢ on the objttts of the chatity and indud¢ proj nwwetttc0tri out at He]quarters. Governgrtce costs are th(tse incU¢d in contbeaion with dmints¢1i( of the charity 8nd complian¢¢ with Costs of g¢oer4tin8 funds are costs iti tittIng volunlwy income. and those iDLittred ID trlIng activities that rdise fimds. All resour8 expended are indusive of ITTye[b]e VAT. Grants offer¢d 5ubjea to conditions which have be£n metat the YW C4¥14]atr notgj as g ¢ixnmitm¢M but not accrned as expenditUT¢. Txtl•tt The chlty is txempt from ¢OTP(rttion lax its thitabk xtivili¢s. Pa8elO ¢ontinued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FNANCIAL ATEmETs- ¢ODdmlled FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES- Cl4¢ FuDd Unr¢5tricted fijndq eall be we41 in xc0rdaX with th¢ dwTitable obitttives at the discretion ofthe tNstee5. R¢strirted funds can only be for partiajlar restricd puryues wiihin the obJS of the charity. Rl¢tiOnS ayise WIMI wifiuj by the donoror WIM fimds are r4is&J for particulaT re11¢1¢4 pwposes. IDV¢Stment IDLXW gains losses are alloced to fill. Fwth¢T expl8nation of the ttatutr purwjse of erxh fiuMI li indud¢d in the movem1 ift fi]nd5 note5 lo the fina18] 5ts¢emen1s. DONATIONS AND LEGACIES 2024 2023 tkn&ions Legacies Is94 119.102 47,540 290J79 106. 708 OTHER TRADING AcfAVITIES 2•24 2023 Fwidraisin8 evel 657165 690,680 INVESTMEKr IricoME 2024 2023 Deposit ocwunt inlerest 9019 10, 147 RAISING FUNDS Rahlffjt donallons And leg#eleJ 2•24 2023 Stsff eo Event expenses Support ¢06ts IOlJ16 177J70 67J17 99.797 228,224 54,397 345,9•3 382,418 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMEYTS- ¢od•wed FOR THE YEAR ENDED31 DECEMBER2024 CHARABLE A1VITIEs cosrs funding of activiries (see Mie 7) Totals Medical Equipment Coy Grdllts $19913 $119913 I775 17J7S 5119,913 17J75 526,988 GRls PAYABLE 2•24 2023 17,075 SUPPORT cosrs Finance TO1$ Ratsing donalions and l¢gKi¢s 07J17 67J17 1.722 71.181 i.n2 72,903 TRuEES, REMUNERATION AND BENEFITS There wert rHJ tru5tffS' T¢mwKrnion ( other benefits for the year 31 Dernber 2024 nor for th¢ ye4r cttded 31 Dectmber 2023. There were no tsu$te¢s' ¢xpeDSeS p*d for the yev 31 Dffembcr 2024 nor for the yex ettdoj 31 December 2023. srAFF cOs 2023 Wages salaries IOlJ16 99.797 IOlJ16 99, 797 The avttage monthly number of ctnployeu during the yr4rw&s follows: 2023 Fuothaising xlivilies No employees Teceiv•l emoluments in ¢¢&5 of £60.(O). Pa8t 12 (y)lltinu¢d...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL sfATEMENTS- FOR THE YEAR ENDED 31 DECEMRER 2024 COMPARATIVFS FOR THE sfATEMENT OF FIliANCIAL ACTIVITILS ur[led Restricted TOEJI funds INCOME AND ENDOWMEIYTS FROM Donations and le8acie8 135.472 31236 166,708 Other rradin8 ¥tiviti InvlMent itKOD 624.665 10.147 66.015 690.680 10.147 770.284 97255 867.535 EXPENDITURE ON Raisin8 fynds 382.418 381418 CthTlt4ble etivltl¢ Medi¢al Eguipmtht Costs 133J73 270,268 403,841 3.900 Tot•1 519.891 270268 790,159 ]YET IIYCOME1xPEDITUREj TraDsfers between funds 250.393 {162.161) (173.017) 162.161 77.376 Net movemeM¢ In funth 88232 (10.856) 77.376 RECONCILIATION OF FUNDS Toial funds bToughi forward 33297 112.672 145,969 TOTAL FUNDS CARRIED FORWARD 121.529 101.816 223.345 12. DEBTOR5: AMOUNTS FALLIIYG DUE WITHIN ONE YEAR 2023 Trade d&stots Pryymrnts and accnJ income 3.188 527 23.759 720 3.715 24.479 P4¢ 13
HAMPSHIRE MEDICAL FiIND NOTES TO THE FINANCIAL STATEMENTS-eond••td FOR THE YEAR E.YDED 31 DECEMBER 2024 13. CREDITORS: AMOU4YTS FALLING DUE WITHIN ONE YEAR 2024 2023 TTade cr•litor5 So¢ial security aTLd other laxas Accwais and defe income 150,964 392,8J9 (2.625) 1,200 155,132 391.394 I& MOVEMENT IN FUNDS Transfers At IllQ4 funds 31112r24 121J3• (21&989) 143236 Clo511rt AnVer Roi¥Jts 90,fj(ID 95S 45,00• 25MO (6937) (2J63) 16J6Q) L662 In Mem OnmRsky Northbrpok Aquabl*ion (2.662) 23.94(1 (19835•) 2394• 101015 (158.909> 21(989 159095 TOTAL FUNDS 223J45 79,786 303,131 Page 14 C4XLtioued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL ATEmENTS- ¢olDwed FOR THE YEAR ENDED31 DECEMBER 2024 MOVEMEYT IN FUNDS- ¢wllJHKd Net mov¢m¢nt ID funds. indud•l in the as follows.. IrKoming Resources Movement expended in fiujds trIcted rlld8 Gend ffijnd 787,746 (549,091) 238ffj95 Rolx)ts Bteau Dryt Omni¥ky Incubators Northbro(& Pelvic FlTr)r Chair Aw5is Go Feedback Morcellator Aquablatioo 25,IKMI (69371 (2,662) (4937) (18J61) (17.408) 15,699 17A08 23.94• 3294• P2,940) (4.640) (29.950) 1219.150) 29,95• 2•,900 119&251k) 17•A77 (329J86) (1¥)9) TOTAL FUNDS (878N77) 79,786 CompAratlvH for wv¢•¢nt ID Trnns At Iiir23 in fimd5 31112123 Unrutri¢ted fu•d5 33297 250.394 (162.161) 121.530 Clo5Utr Andover Winches Brondjoscope Girwff¢ 65.(XJ) 65.000 955 955 56 (46,672) (32.510) (27.689) (12,015) (11,21) (55,0(K)) (8.943) 20.(MXI (1.036) 46,672 32,510 27.689 12,015 11,21XI 55.(0 8.943 Istht 2023 Transfer Venl 2023 Bowel Marker QNGR Robots Bream Dqyt ID Mem 20,1 9.500 6.360 9.500 360 112.6n (173.OIB) 162,161 101.815 TOTAL FUNDS 145969 77 J76 223.345 Px8e 15 continued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL sfATEMENTS. eo*llMY41 FOR THE YEAR ENDED 31 DECEMBER 2024 14. MOVEMENT IN FUNDS * ¢OJrtln•ed CompaTa¢ive net movement in fimds. i1ed in the atM)vt alt s follows.. IrKomin8 R¢sow¢¢s Mov•nffjt in fvods Unrestslcted 770284 (SI9,8) 250.394 Rtstrkted fuDdi Andover Win¢bester Bron¢hos¢op¢ GiratTe In¢ 955 56 955 56 (46,672) {32,510) <27.689) (12,015) {112IK)) (55.(MY)) (8,943) 20.0(KJ (46.672) (98.525) (27.779) (12,0151 (13,250) (55.(K)O) (17.028) 66.015 I81 2023 TM)sftr Vertt 2023 Bowel M QNGR Rots 97251 {270.269) (173.018) TOTAL FUNDS 867J35 (79YI.159) 77.376 Pa8e io ¢Mtinued...
HAMPSHIRE MEDICAL FUND NOTES TO TRE FINLNCIAL ATEME1Ts- ¢oHthiued FOR THE YEAR ENDED 31 DEC£MB£R 2024 MOVEMENT IN FUNDS * tIne A cumi year 12 months and wioryry 12 nH)nths combined PtiOn 1$ 15 follows: Trnnsfe movement Ai 31112124 Ai 111123 UDr¢stslcted fund9 Gen¢rai fund 33297 489.089 <379,150) 143236 ReJtrkt¢d Closure Andover Winchester BronChOspC 25,(#J) 955 955 (1.056} 46.672 {46.672) 132,510) 127,689) 112,015) {11.200) {55.LKKJ) (8.943) 45.(NXI (6.93D (2.662) 23,940 (198.250) 31510 27.689 12.015 11.21KI 55.IKKJ &943 2023 Ttansfer Vent 2023 Bowel Marker QNGR RoiKTrts Brt Dept 937 1662 23.940 Aqua1110 198.250 112.672 (331.927) 379,150 159.895 TOTAL FUNDS 145969 157.162 303,131 PA8e 17 ontinued...
HAMPSHIRE MEDICAL FUND NOTES TO THE FINANCIAL STATEMENTS- eomthiwl FOR THE YEAR EYI DED31 DECEMBER2024 14. MOVEMENT IN FUNDS- eottllnwd A cuNeTht year 12 months and prior yw 12 MonthsnbIneO movenKnt in fvnds, Iluded in th¢ above as follows: Resource8 Movrnl in fimds Ureted Genernl fimd lJ58.070 (l.(k$8.981) 489.089 RcBtrl¢tfd fuAdJ Andover Winche5t¢T BronclscQF¢ Girafft lrtc 955 955 56 146.6721 (32.510) (27.689) (12.015) 1112(K)I (55,0(K)) (8.9431 43,OIMJ (6.937) (2,662) {46.672) (98.525) (27,779) (12,015) (13,250) (55.IIKI) (17.028) 66.015 Istat 2023 Transfer Vent 2023 Bowel Mark QNGR Robots Breast D Omnisky Incub015 NOrthlk Pelvic Floor Cbair ARaysi5 Go Feab&k Morccllator Aquablation 2mO 45,( 16.937) (18,361) {17.408) 15.699 17.408 23.940 32.940 (32.9401 (4,640) {29.9501 P19.150) 29950 20. {198,250) 267,728 (599,655) (331.927) TOTAL FUNDS 1,825,798 (1.668,6361 157,162 15. RELATED PARTY DISCLOSURES Th¢T¢ wae N) tvIa¢t pty transxtions for the yeaT ¢nd&l 31 December2024. Page 18
HAMPSHIRE MEDICAL FUND DETAILED ATEMENT OF FINANCIAL ACTI$ FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Doullo•s Ind legades Don¥tion8 285,694 4J85 11g,J62 47.546 290J79 166.708 (hber tradlng ¢tlvltles Fwidraisin8 events 657J65 690.680 lavesthlent Inctsme Deposii a¢U1 iot¢rest 9J19 10, 147 Tol•l lllc•uJln8 tYollr¢ 867,535 EXPENDITURE Wages Event expenses IO1J16 17737• 99. 797 228.224 278J86 328,021 Chmrltable activllle• Medical equipw¢n¢ msts Granty to institutions 509813 17.07S 403.841 54988 403,841 Swrt eogts Offi¢¢ costs Bk Charges G¢n¢ral expenses 61J(M) 4567 7,114 40,209 l.P77 8.251 71.181 50.497 Ind¢p¢ndent exarnin&s fees 1,722 1,80Q Totsl Rsour¢es [pdea ¥1&477 79lJ.15S1 Net Income 79.786 77.370 This p8gedoe5 Mt forni pirt of the statwtory finanual statements Page 19