| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Charity, its Trustees and Advisers | |||
| Trustees' Report | 2-7 | |||
| Independent | Auditors' | Report | on the Financial Statements | 8-11 |
| Consolidated | Statement | of Financial Activities | 12 | |
| Consolidated | Balance Sheet | 13 | ||
| Charity Balance Sheet | 14 | |||
| Consolidated | Statement | of Cash Flows | 15 | |
| Notes to the | Financial Statements | 16-31 |
| Trustees | Mr G L Adroit (Resigned 31 October 2023) | Mr G L Adroit (Resigned 31 October 2023) | Mr G L Adroit (Resigned 31 October 2023) | Mr G L Adroit (Resigned 31 October 2023) | Mr G L Adroit (Resigned 31 October 2023) | Mr G L Adroit (Resigned 31 October 2023) | |
|---|---|---|---|---|---|---|---|
| Mrs J Berry | |||||||
| Mr M K Evans, Vice | President | (Appointed | 4 May 2023) | ||||
| Mrs P Eyles (Resigned 5 February 2023) | |||||||
| Mrs J M Hearne, | Vice President | ||||||
| Mrs L Hookings, | Vice President | ||||||
| Mr M A Hookings | |||||||
| Mrs B Lawton | |||||||
| Mrs L McCaig | |||||||
| Mrs C M Piper, | Vice | President | |||||
| Miss P A Roberts, President | |||||||
| Mr D Rogers, Vice President | |||||||
| Mr R Tuttle, Former | Chair | ||||||
| Mrs K N Westaway, | Chair | ||||||
| Mr P F V White, | Vice President/Honorary | Secretary | |||||
| Mr M H Tucker, | Vice | Chair | |||||
| Charity registered | |||||||
| number | 200905 | ||||||
| Principal office | Highlyn | ||||||
| 6 Haldon Close | |||||||
| Torquay | |||||||
| Devon | |||||||
| TQ12NA | |||||||
| Independent | auditors | Bishop Fleming | LLP | ||||
| Chartered Accountants |
|||||||
| Statutory Auditors |
|||||||
| 2nd Floor Stratus | House | ||||||
| Emperor Way | |||||||
| Exeter Business | Park | ||||||
| Exeter | |||||||
| EX13QS | |||||||
| Solicitors | Wollens | ||||||
| Carlton House | |||||||
| 30The Terrace | |||||||
| Torquay | |||||||
| Devon | |||||||
| TQ1 1BS |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023 | 2023 E |
2023 | 2022f | ||
| Income from: | ||||||
| Donations, grants and legacies |
236,999 | 236,999 | 430,920 | |||
| Other trading activities |
14,687 | 14,687 | 2,480 | |||
| Investments | 80,540 | 80,540 | 26,088 | |||
| Total income | 332,226 | 332,226 | 459,488 | |||
| Expenditure on: |
||||||
| Raising funds | 778 | 778 | ||||
| Charitable activities |
15,864 | 1,368,013 | 1,383,877 | 78,046 | ||
| Total expenditure | 15,864 | 1,368,791 | 1,3&4,655 | 78,046 | ||
| Net movement in |
funds | (15,864) | (1,036,565) | (1,052,429) | 381,442 | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 49,920 | 3,284,596 | 3,334,516 | 2,953,074 | |
| Net movement in funds |
(15,864) | (1,036,565) | (1,052,429) | 381,442 | ||
| Total funds carried forward | 34,056 | 2,248,031 | 2,282,087 | 3,334,516 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 10 | 1,528 | ||||
| 1,528 | ||||||
| Current assets | ||||||
| Debtors | 12 | 28,052 | 119,663 | |||
| investments | 13 | 355,000 | 1,286,696 | |||
| Cash at bank and | in hand | 1,907,892 | 1,938,117 | |||
| 2,290,944 | 3,344,476 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 14 | (10,385) | (9,960) | |||
| Net current assets | 2,280,559 | 3,334,516 | ||||
| Total assets less | current liabilities | 2,282,087 | 3,334,516 | |||
| Total net assets | 2,282,087 | 3,334,516 | ||||
| Charity funds | ||||||
| Restricted funds: | ||||||
| Restricted funds | 15 | 34,056 | 49,920 | |||
| Total restricted funds |
15 | 34,056 | 49,920 | |||
| Unrestricted funds |
||||||
| Designated funds |
15 | 1,429,230 | 2,180,036 | |||
| General funds | 15 | 818,801 | 1,104,560 | |||
| Total unrestricted | funds | 15 | 2,248,031 | 3,284,596 | ||
| Total funds | 2,282,087 | 3,334,516 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | ||||
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | (1,040,551) | 398,006 | |
| Cash flows from investing | activities | |||
| Interests from investments |
80,540 | 26,088 | ||
| Purchase of tangible fixed assets |
(1,910) | |||
| Proceeds from sale of investments | 931,696 | |||
| Net cash provided by investing activities |
1,010,326 | 26,088 | ||
| Cash flows from financing | activities | |||
| Net cash provided by financing activities |
||||
| Change in cash and cash |
equivalents in |
the year | (30,225) | 424,094 |
| Cash and cash equivalents | at the beginning | ofthe year | 1,938,117 | 1,514,023 |
| Cash and cash equivalents | at the end of | the year | 1,907,892 | 1,938,117 |
| The notes on pages 16to 31 form part ofthese financial statements |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| E | F | ||||
| Donations | and grants | 68,156 | 68,156 | 67,507 | |
| Legacies | 166,033 | 186,033 | 360,437 | ||
| Gift aid | 2,810 | 2,810 | 2,976 | ||
| 236,999 | 236,999 | 430,920 | |||
| TOTAL 2022 | 1,000 | 429,920 | 430,920 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2023f | 2023 | 2022 | |||
| Events committee | 1,122 | 1,122 | |||
| Linen League sales | 210 | 210 | |||
| Torquay | Girls Grammar | School | 855 | 855 | 287 |
| Pennies | for Plastic | 178 | 178 | ||
| Raffles and fayres | 385 | 385 | 1,212 | ||
| Bed push | 1,051 | 1,051 | |||
| 3,801 | 3,801 | 1,534 | |||
| TOTAL 2022 | 1,534 | 1,534 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023f | 2023 E |
2022 | ||
| Sales | 10,886 | 10,886 | 946 | |
| TOTAL 2022 | 946 | 946 | ||
| Investment | income | |||
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| Investment | income | 80,540 | 80,640 | 26,088 |
| TOTAL 2022 | 26,088 | 26,088 |
| Support | Total | Total | |||
|---|---|---|---|---|---|
| Direct costs | costs | funds | funcls | ||
| 2023 | 2023 | 2023 | 2022 | ||
| F | E | ||||
| Gifts to hospital | 1,344,100 | 1,344,100 | 48,796 | ||
| Other charitable | activities | 39,777 | 39,777 | 29,250 | |
| 1,344,100 | 39,777 | 1,383,877 | 78,046 | ||
| TOTAL 2022 | 48,796 | 29,250 | 78,046 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2023 | 2022 | ||
| E | ||||
| Office costs | 4,940 | 4,940 | 6,125 | |
| Depreciation | 382 | 382 | ||
| Sundry expenses | 11,121 | 11,121 | 93 | |
| Bank charges | 2,314 | 2,314 | 3,244 | |
| Legal and professional | fees | l6,020 | 16,020 | 12,288 |
| Honoraria | 5,000 | 5,000 | 7,500 | |
| 39,777 | 39,777 | 29,250 | ||
| TOTAL 2022 | 29,250 | 29,250 |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 f |
2023 f |
2023 K |
2022f | |||
| Radiotherapy scanner |
15,323 | 574,677 | 590,000 | |||
| AMU equipment | 408,992 | 408,992 | ||||
| Computers on wheels |
86,330 | 86,330 | ||||
| Ultrasound equipment |
77,501 | 77,501 | ||||
| Chairs | 49,029 | 49,029 | ||||
| Phlebotomy equipment |
39,245 | 39,245 | ||||
| Dementia equipment |
33,263 | 33,263 | ||||
| Ventilator equipment |
16,975 | 16,976 | ||||
| Virtual Reality headsets |
9,850 | 9„850 | ||||
| Mobil interactive table |
7,115 | 7,116 | ||||
| Bladder scanner | 7,114 | 7,114 | ||||
| HiLow beds | 6,300 | 6,300 | ||||
| Xion Endoflex system | 3,051 | 3,051 | ||||
| Chart trollies and theatre stools | 24,451 | |||||
| Concealment trollies |
6,568 | |||||
| FES | 6,254 | |||||
| Portable videolarygngoscopes | 3,246 | |||||
| Theatre poles/chairs | 3,176 | |||||
| Other smaller grants | 8,794 | 9,336 | 5,101 | |||
| 15,864 | 1,328,236 | 1,344,100 | 48,796 | |||
| Total 2022 | 14,477 | 41,819 | 56,296 | |||
| Auditors' remuneration |
||||||
| 2023 | 2022 | |||||
| Fees payable to the charity's |
auditor | for the audit ofthe charity's | annual | |||
| accounts | 8,775 | 8,350 | ||||
| Fees payable to the chanty's | auditor | in respect of: | ||||
| All non-audit services not induded |
above | 2,352 | 2,188 |
| Tangible fixed assets | |
|---|---|
| GROUP | |
| Fixtures and | |
| fittings | |
| COST OR VALUATION | |
| At 1 January 2023 | 30,027 |
| Additions | 1,910 |
| Disposals | (21,917) |
| At 31 December 2023 | 10,020 |
| DEPRECIATION | |
| At 1 January 2023 | 30,027 |
| Charge for the year | 3&2 |
| On disposals | (21,917) |
| At 31 December 2023 | 8,492 |
| NET BOOK VALUE | |
| At 31 December 2023 | 1,528 |
| At 31 December 2022 |
| Fixtures and | |
|---|---|
| fittings | |
| COST OR VALUATION | |
| At 1 January 2023 | 30,027 |
| Additions | 1,910 |
| Disposals | (21,917) |
| At 31 December 2023 | 10,020 |
| DEPRECIATION | |
| At 1 January 2023 | 30,027 |
| Charge for the year | 382 |
| On disposals | (21,917) |
| At 31 December 2023 | 8,492 |
| NET BOOK VALUE | |
| At 31 December 2023 | 1,528 |
| At 31 December 2022 |
| Group | Group | Charity | Charity | |
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| E | ||||
| DUE WITHIN ONE YEAR | ||||
| Prepayments | 777 | 783 | 777 | 783 |
| Legacies receivable | 27,275 | 118,880 | 27,275 | 118,880 |
| 28,052 | 119,663 | 28,052 | 119,663 |
| Group 2023f |
Group 2022f |
Charity 2023f |
Charity 2022 |
|||
|---|---|---|---|---|---|---|
| Unlisted | investments | (liquid) | 355,000 | 1,286,696 | 355,000 | 1,286,696 |
| Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|
| 2023f | 2022 f |
2023 f |
2022 | |||
| Amounts | owed to group undertakings | 85,474 | ||||
| Accruals | and deferred | income | 10,385 | 9,960 | 10,385 | 9,960 |
| 10,385 | 9,960 | 10,385 | 95,434 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||
| January | Transfers | December | ||||
| 2023 | Income | Expenditure E |
In/out | 2023f | ||
| UNRESTRICTED FUNDS | ||||||
| DESIGNATED FUNDS | ||||||
| Equipment commitments |
2,180,036 | (1,324,745) | 573,939 | 1,429,230 | ||
| GENERAL FUNDS | ||||||
| General Funds - all funds | 1,104,560 | 332,226 | (44,046) | (573,939) | 818,801 | |
| TOTAL UNRESTRICTED | ||||||
| FUNDS | 3,284,596 | 332,226 | (1,368,791) | 2,248,031 | ||
| RESTRICTED FUNDS | ||||||
| Cardiac unit | 5,719 | 5,719 | ||||
| Radiotherapy unit |
15,323 | (15,323) | ||||
| Diabetic and Asthmatic | patients | 22,480 | 22,480 | |||
| Neurology department |
2,347 | 2,347 | ||||
| Heart machines | 149 | (149) | ||||
| EAU 3 | 500 | 500 | ||||
| Endoscopy | 2,010 | 2,010 | ||||
| Cardiology | 392 | (392) | ||||
| The Eye Clinic | 1,000 | 1,000 | ||||
| 49,920 | (15,864) | 34,056 | ||||
| TOTAL OF FUNDS | 3,334,516 | 332,226 | (1,384,655) | 2,2&2,087 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31 | |||||
| 1 January | Transfers | December | ||||
| 2022 | Income | Expenditure | in/out | 2022 | ||
| E | E | |||||
| UNRESTRICTED FUNDS | ||||||
| DESIGNATED FUNDS | ||||||
| Equipment commitments |
1,500,337 | (4,393) | 684,092 | 2,180,036 | ||
| GENERAL FUNDS | ||||||
| General Funds | 1,389,340 | 458,488 | (59,176) | (684,092) | 1,104,560 | |
| TOTAL UNRESTRICTED | ||||||
| FUNDS | 2,889,677 | 458,488 | (63,569) | 3,284,596 | ||
| RESTRICTED FUNDS | ||||||
| Cardiac unit | 5,719 | 5,719 | ||||
| Radiotherapy unit |
15,323 | 15,323 | ||||
| Diabetic and Asthmatic | patients | 22,480 | 22,480 | |||
| Neurology department |
2,347 | 2,347 | ||||
| Heart machines | 250 | (101) | 149 | |||
| Patient and visitor care | 12,376 | (12,376) | ||||
| EAU 3 | 500 | 500 | ||||
| Endoscopy | 2,010 | 2,010 | ||||
| Hospital Wards | 2,000 | (2,000) | ||||
| Cardiology | 392 | 392 | ||||
| The Eye Clinic | 1,000 | 1,000 | ||||
| 63,397 | 1,000 | (14,477) | 49,920 | |||
| TOTAL OF FUNDS | 2,953,074 | 459,488 | (78,046) | 3,334,516 |
| Analysis | of n | et assets between funds -curr | ent year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2023 | 2023 | 2023 | |||
| Tangible | fixed | assets | 1,528 | 1,528 | |
| Current | assets | 34,056 | 2,256,888 | 2,290,944 | |
| Creditors | due | within one year | (10,385) | (10,385) | |
| TOTAL | 34,056 | 2,248,031 | 2,282,087 |
| Analysis | ofn | et ass | ets | between funds -prior | year | ||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| F | |||||||
| Current | assets | 49,920 | 3,294,556 | 3,344,476 | |||
| Creditors | due | within | one | year | (9,960) | (9,960) | |
| TOTAL | 49,920 | 3,284,596 | 3,334,516 |
| Group | Group | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023f | 2022 | ||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | |||
| Activities) | (1,052,429) | 381,442 | |||||||||
| ADJUSTMENTS FOR: | |||||||||||
| Depreciation | charges | 382 | |||||||||
| Dividends, interests and |
rents | from | investments | (80,540) | (26,088) | ||||||
| Decrease in |
debtors | 91,611 | 43,025 | ||||||||
| increase in |
creditors | 425 | 481 | ||||||||
| NET CASH | PROVIDED | BY/(USED | IN) OPERATING ACTIVITIES | (1,040,551) | 398,860 |
| Group | Group | |
|---|---|---|
| 2023 | 2022 | |
| E | ||
| Cash in hand | 1,907,892 | 1,938,117 |
| TOTAL CASH AND CASH EQUIVALENTS | 1,907,892 | 1,938,117 |
| At 1 | At 31 | |||
|---|---|---|---|---|
| January | December | |||
| 2023 | Cash flows | 2023 | ||
| f. | ||||
| Cash | at bank and in hand | 1,938,117 | (30,225) | 1,907,892 |
| Liquid | investments | 1,286,696 | (931,696) | 355,000 |
| 3,224,813 | (961,921) | 2,262,892 |