ictOTia utsing iation Financial Statements and Annual Report 1° January - 31" December 2024
Charity name Portsmo¥lh YKti)ri Nursillg Asqo¢iatio Often known &4 Charity ¢wunAlOn regislered Number 203311 Section I. Ad AdmiDi8trxtive IMformat For financial year beginning And ending 1° January 2024 31° Dber 2024 Charity's principal address 14 Clegg Ro&J Southsea P049 Charity'$ email addrass pvnaeharlty@naII.cQM Governing Do¢umart: Scheme8 of I l December 1956. 22 May 1969 and 13 September 1979 Objectives of the Charity". To provide financial help to support thos¢ within our community who are in trt)th medical and financial need in the area which stret¢hes from Pet¢rsfield to Titchfield and everywhtte down to the Solent including Fareham. G0Sr( Portsmouth, Havant and Hayling Island. Specific inveslment N)wers: The Trustees investment powers are now conferred by the Trustees Act 2011 Profttsional Advi$ths: CCLA Invtstm¢nt Fund Management Ltd Lloyds Bank PLC Gillian dge Independent Examiner University of Portsmout Richmond Buildin& Portland Str# Port5moutt4 POI 3DE
Se¢don 2. Names of Tr5* P Be8sley (Chair) P Coonan S Eardley-stiff K Peake (Wictrchair) S Hurhangee Comp8ny Secrdary Greg NugenL TTUStee se1tl0ft methcrfl TTh are apw)inted by resolution of the existing Iwstee body. Tru5tres to serve for five yeaTS with an Ovion to renew. Section 3. Aeilvldes and AcbReYements Charity's aclivities and achievements during the y¢ar Committee Stn The committee is made up of the Ttee5 and the Company Secretary. RefeTrnls are received The Nurse R rentiveS from District Nurses, Health Visitors. ool NurAQ8 an other Community Nurses. The Com also receives referrals direct from Social Services, ional erdpists and Citizen Advice rsonnel. Each etsass e company secretsry before bein ented to the mittee for consideration on the medical. social, an Inancial aspects of eath referral. Recipients Referrals are made io assist with the rch&se of medical equipmenL furnitur< electrical oods and special cfothing togetherwith respite care when needed for Families or individuals who have both a clearly iden¢ifiabl¢ medical need and an Obvio financial need. ReqUts are re( if the NHS or other public funds should rovide these items. A small number of reqUts for respite care in the orni of nursery laces for childm will b¢ fimd¢d wh¢r¢ there is special need. Referra also be considerd for hel for heaithcare PTofessionals" help for ¢ours¢ fees, 0kS an special equipmenl not nornlal y pmvi edby the NHS. This dIsclOnary assistance will be limited to either half the course fee or £3(X). whichevff is deemed aPPTopriate by the trustees. Grants awanknl this year have been given to purchase domestic lian8. be&. floonn& w seaLs. adapted furniture 8nd specialist ment together with respite in the fom of nursery play e have continued to supply a I $cla11st pushchait3. This year we have expan e number of extra-larse range ofspecialist push chairn that we provide. Overall. the l¢vel of grants aworded this last year. This is due to a combination o ear is less than same period as S Teceiving lower numbers of requests frorn our regular referrers and having a larger number of uests that fail to meet our acLeptsnce criteria. Review of1&8t year's aims We feel that havin IMI flexible in our a ch as a committee, we bytheon l in achieving our aims. ue to th¢ problems rauscd inflation oing conflicts worldwide, economic uncertainty and hi vc persisd however our inveSknt income has Maintaid. The election in July w&8 a clear result without any significant matket fallouL
Inv&stments IncA)me is saleraled by inVn inthe Chartties, Official Investment Funds divided between th¢ Investment Fund Income units atLd the Prope weno Fund units. Due to the volatility of the global propety marfceL onger Anvett any more rnoney in the Pro Fund. W¢ have continued to Cauiiously invesi some &ldilional tnoney in investments th CCLA whlle eSurIng we have 0V8h of a cash balance to lfIl ail our gTant requ. Aims for the next yeor conflicts worldwide. w¢ feel that we shou caused by the ongoing d continue our aim to be flexible as a committee and hOfullY be able to react to any changing Circumstanc we ui¢ounter. In li year. we will aim to incre&se this t of our reduced grdnt making this ref¢rrets of the grants available. Section 4 Pdld Reserves Policy The financial p)licy of the A&CIatiOn is to maximise the income. consistent with th¢ Srity of its assets. The TnteeS wish to k balance between helping reci ients now atyj retaining enough capi or the future. Grant Making Policy The Charity has Ilrnited funds bth aims to provide small, relief in need. grants io help those in need of our &8ststsnce. It ig always heart-warniing to recetve the thank you letters showing how the families who have been referred to the Charity. ts have helped ihe economic uncertain n light of the current we will mainlain the ability to iTturase or t ceiling figur¢ and number of grants made depending Ing Circumst8 throughout the year. on the Prevai Investment Selection Policy All the charities futs are inv&sled in the COIF Investment Funds und¢r the monagement of the CCLA. The majority of the funds are invested In the Investment Fund Income UniL% but a proportion has previously tEen Inv&8ted in the Prop¢rty InvlMent Fund. Cash sum5 are kept in the DeFX)Slt Fwid and on reachin TnL8tee4 further units will only sufficient levels. as decided by the Fund due to the10&8 of liquidity in urch&8¢d in the main InYestsn¢nt continue to monitor closely the vue of. an Investment Fund. We return on, our investments and are IKTrpeful that our investment income will r¢main constant. Risk5 and Risk Manage Risks to the w¢xking of the ch&Tity l. If there are economic uncertainties with the ongoxng conflicts worldwide. the risks we re are r&lucal investment income, and ireaSed cos¢ of good8 and str¥ices we buy. 2. Inc<xnplete or im)rre¢tly completed referral fornis. 3. Recruiting new InCeS may [)me more difificult due to the r¢tirement age wnstantly Incrng. 4. In event of th¢ MpanY s• Ing incapAcit* there is an ongoing risk to the operntion of the chaTity.
Risk Mawema l. The ¢ommvttee will motjitor these differnit factors and will distribute our income accordingly. 2. The Comtmny SecTetsry will liaise wtth the nurse teSentatIveS and other communty r¢ferr¢rs as how bt to aecess fjjnding from the Charity by completing the forn accvrat¢ly. Fornis will now be suErfnitted in advance of meetings to allow any uncertainty to queri forehand. 3. The commite will wt a wider Det than previously adopted and eMbre more creative i(k&8 for recruitmenL 4. The eompany secrelary will gin to documeni the process. and c¢dur¢s to enable another person to temporarily conduct the affairs of the charity. Section 5 Sl8llture alld Dedra¢ioD Dedaratio I declaTe in my c8pacity of Charity Truslrf that the tntstees have aplyoved th¢ r¢w)rt above. and have authons¢d me to SI it on thr behalf. Si8nattire Electronic El¥xtr(A)i¢ Full name Petrr BleY Kathy Peake P&er Beasley K•thy Peake Position Chair Vicer Chair Date 15109121Y25 151(V912025
CHARITY COMMISSION FOR ENGLAND AND WALES Recei tsand ments accounts CC16a To 0IK1112024 3111¥J)24 Section A Receipts and payments Unr•8trict•d funds Totsl lunth Last y•ar A1 Rocel COIF COIF P Fd COIF tkn otFunrt 140 AR) ¢ablo Nutw6Wellw• AdmFthlrn1w F•e• b ¢olal COF IrN¢*trntffl cOP Fwd 51 58AYQ 833 15A98 15.007
Section B Statement of assets and liabilities at the end of the period Bl C*•h funds 144X 15M• fvnd8 08tail$ CurrwrtY•lu• 143.471 Detalls 4 A8B•ts rntaln•d lorth• cha¥Jty'• •)wn u•0 Detoils BS UablJlll•• Swned
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of P0rtsrUth Vlctoria Nursing Assocaation On accourrts for the year andad 31* December 2024 Charty no (if any) 203311 Set out on pages 1&2 I report to the trustees on my examination of the accwnts of thè above charity (Ih8 Trusfl for the Ye ended 31112 12024. Responsibilities and As th8 charity trustees of the Trust, you are responsible fcK the preparation of basis of report the accounts in accordan with the requirements of the Charities Act 2011 {Ihe Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carytng out my examination, I have followed the apFlicable Dlrectlons given by the Charlty Commission under sectlon 145(5Xb) of the Act. I have completed my examination. I confim that no material matters have come to my att8ntion in connedon with the examlnation which gives me cause to believe that in, any material resp8Lt: accountlng re¢S were not kept in accordanc wlth se¢tlon 130 of the Independent examiner's statement the acwunts do not aCCd with the accounting rOrdS. I have no concems and have come a(yoss no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the aC(unIS to be reached. Slgned: 2510912025 Name: Gill Lodge Relevant professional qualrficationls) or body (If any): FCCA Address: University of Portsmuth Rithmond BuildiYJ PortlaThJ Street P013DE