Charity number: 214505 ## Sleaford Hospital Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2021 ## Draft Sleaford Hospital Contents Page For the year ended 31 March 2021 **----- Start of picture text -----**
Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 10
Draft
Detailed Statement of Financial Activities 11
**----- End of picture text -----**
## Sleaford Hospital Report of the Trustees ## For the year ended 31 March 2021 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Sleaford Hospital **Charity registration number** 214505 **Principal address** 4 Discovery Close Sleaford Lincs NG34 7XN ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mr David Marriage ## **Trustees** Draft The trustees and officers serving during the year and since the year end were as follows: ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mrs Kathleen Hockmeyer Rev Phillip Johnson Mr Adrian Snookes Mr Nick Musson Mrs Maureen Yarram Mrs Emma Batty Cllr Lucille Hagues **Senior management** Mr Paul Tarry **Independent examiners** A J Lilley FCCA 63 Harrowby Lane Grantham Lincs NG31 9HZ **Bankers** Lloyds Bank plc 2 Northgate Sleaford Lincs Approved by the Board of Trustees and signed on its behalf by ............................................................................. Mr Nick Musson 1 of 11 ## Sleaford Hospital Independent Examiners Report to the Trustees ## For the year ended 31 March 2021 I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Draft A J Lilley FCCA 63 Harrowby Lane Grantham Lincs NG31 9HZ 2 of 11 ## Sleaford Hospital Statement of Financial Activities For the year ended 31 March 2021 |Dr
**Notes**
**Income and endowments from:**
Charitable activities
3
Investments
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6/7
**Total**
Net gains/(losses) on investments
**Transfers between funds**
**Other recognised gains/losses**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|~~aft~~
**Unrestricted**
**funds**
**£**
96,581
13
**96,594**
(650)
(83,589)
**(84,239)**
-
3,644
**15,999**
38,240
**54,239**|**Restricted**
**funds**
**£**
-
8,076
**8,076**
-
-
**-**
38,876
(3,645)
**43,307**
169,032
**212,339**|**2021**
**£**
96,581
8,089
**104,670**
(650)
(83,589)
**(84,239)**
38,876
(1)
**59,306**
207,272
**266,578**|**2020**
**£**
95,081
7,614| |---|---|---|---|---| |||||**102,695**| |||||(804)
(122,679)| |||||**(123,483)**| |||||(36,491)
(1)| |||||**(57,280)**| |||||264,552| |||||**207,272**| |||||| 3 of 11 ## Sleaford Hospital Statement of Financial Position ## As at 31 March 2021 |Draft
**Notes**
**Fixed assets**
Investments
12/13
**Current assets**
14
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
15
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
16
Unrestricted income funds
16
**Total funds**
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:|**£**
**2021**
212,866
**212,866**
3,092
51,420
**54,512**
(800)
**53,712**
**266,578**
**266,578**
212,339
54,239
**266,578**|**£**
**2020**
169,559| |---|---|---| |||**169,559**| |||2,293
36,220| |||**38,513**| |||(800)
**37,713**| |||**207,272**| |||| |||**207,272**| |||169,032
38,240| |||**207,272**| |||| Mr David Marriage Trustee 4 of 11 ## Sleaford Hospital Notes to the Financial Statements For the year ended 31 March 2021 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Sleaford Hospital meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **3. Income from charitable activities** |Draft
**Unrestricted funds**
_Running the Almshouses_
Subscriptions from residents
**vestment income**
**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
Income from unlisted investments
(2)
8,076
Other interest receivable
15
-
**8,076**
**13**
**xpenditure on generating donations and legacies**
**Unrestricted funds**
Support costs
**osts of charitable activities by fund type**
**Unrestricted funds**
Running the Almshouses
Support costs|**2021**
**£**
96,581
**2021**
**£**
8,074
15
**8,089**
**2021**
**£**
650
**650**
**2021**
**£**
74,389
9,200
**83,589**|**2020**
**£**
95,081
**2020**
**£**
7,464
150| |---|---|---| |||**7,614**| |||**2020**
**£**
804| |||**804**| |||**2020**
**£**
113,703
8,976| |||**122,679**| ## **4. Investment income** ## **5. Expenditure on generating donations and legacies** ## **6. Costs of charitable activities by fund type** 5 of 11 ## Sleaford Hospital Notes to the Financial Statements Continued For the year ended 31 March 2021 ## **7. Costs of charitable activities by activity type** ||**Activities**|**Support costs**|**2021**|**2020**| |---|---|---|---|---| ||**undertaken**|||| ||**directly**|||| ||**£**|**£**|**£**|**£**| |**Support costs**||||| |Running the Almshouses|74,389|9,200|83,589|122,679| |**nalysis of support costs**||||| ||||**2021**|**2020**| ||||**£**|**£**| |**Running the Almshouses**||||| |Management|||9,200|8,976| |Governance costs|||650|804| |Draft|||**9,850**|**9,780**| |**et income/(expenditure) for the year**||||| |This is stated after charging/(crediting):||||| ||||**2021**|**2020**| ||||**£**|**£**| |Accountancy fees|||650|804| |Staff pension contributions|||350|364| |**Staff costs**||||| |Total staff costs for the year ended 31 March 2021 were:||||| ||||**2021**|**2020**| ||||**£**|**£**| |Salaries and wages|||11,482|11,142| |Pension costs|||350|364| ||||**11,832**|**11,506**| ## **8. Analysis of support costs** ## **9. Net income/(expenditure) for the year** ## **10. Staff costs** 6 of 11 ## Sleaford Hospital Notes to the Financial Statements Continued ## For the year ended 31 March 2021 ## **11. Comparative for the Statement of Financial Activities** |Draf~~t~~
**Income and endowments from:**
Charitable activities
Investments
**Total**
**Expenditure on:**
Charitable activities
**Total**
Net gains/(losses) on investments
**Transfers between funds**
**Other recognised gains/losses**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
95,081
150
**95,231**
(122,679)
**(122,679)**
-
(12,228)
**(39,676)**
78,720
**39,044**|**Restricted**
**funds**
**£**
-
7,464
**7,464**
-
**-**
(36,491)
12,227
**(16,800)**
185,832
**169,032**|**2020**
**£**
95,081
7,614| |---|---|---|---| ||||**102,695**| ||||(122,679)| ||||**(122,679)**| ||||(36,491)
(1)| ||||**(56,476)**| ||||264,552| ||||**208,076**| ||||| ## **Investments** ## **12. Analysis of movement of commercial investments** |Market value at 01 April
2020
Net gain/(loss) on
revaluation
Market value at 31
March 2021|**Listed**
**investments**
**£**
169,559
43,307| |---|---| ||**212,866**| ||| ## **13. Analysis of investments between funds as at year ended 31 March 2021** ||**Unrestricted**|**Restricted**|**2021**|**2020**| |---|---|---|---|---| ||**funds**|**funds**||| ||**£**|**£**|**£**|**£**| |Listed investments|1,906|210,960|212,866|169,559| ||**1,906**|**210,960**|**212,866**|**169,559**| 7 of 11 ## Sleaford Hospital Notes to the Financial Statements Continued For the year ended 31 March 2021 |Draft
**14. Debtors**
**Amounts due within one year:**
Prepayments and accrued income
**15. Creditors: amounts falling due within one year**
Accruals and deferred income
**16. Movement in funds**
**Unrestricted Funds**
**Balance at**
**01/04/2020**
**Incoming**
**resources**
**Outgoing**
**resources**
**£**
**£**
**£**
_General_
38,240
96,594
(84,239)
General
**38,240**
**96,594**
**(84,239)**
**Unrestricted Funds - Previous year**
**Balance at**
**01/04/2019**
**Incoming**
**resources**
**Outgoing**
**resources**
**£**
**£**
**£**
_General_
78,720
95,231
(123,483)
General
**78,720**
**95,231**
**(123,483)**|**2021**
**£**
3,092
**3,092**
**2021**
**£**
800
**800**
**Transfers**
**£**
3,644
**3,644**
**Transfers**
**£**
(12,228)
**(12,228)**|**2020**
**£**
2,293
**2,293**
**2020**
**£**
800
**800**
**Balance at**
**31/03/2021**
**£**
54,239
**54,239**
**Balance at**
**31/03/2020**
**£**
38,240
**38,240**| |---|---|---| ## **Purpose of unrestricted Funds** General Running and maintaining the almshouses 8 of 11 ## Sleaford Hospital ## Notes to the Financial Statements Continued For the year ended 31 March 2021 ## **Restricted Funds** |2005 Recoupment Fund
Extraordinary Repairs
Fund
**Restricted Funds - Previous year**
2005 Recoupment Fund
Extraordinary Repairs
Fund|~~Dr~~
**Balance at**
**01/04/2020**
**£**
21,708
147,324
**169,032**
**Balance at**
**01/04/2019**
**£**
24,356
161,476
**185,832**|~~aft~~
**Incoming**
**resources**
**£**
993
7,083
**8,076**
**Incoming**
**resources**
**£**
572
6,892
**7,464**|**Transfers**
**£**
(585)
(3,060)
**(3,645)**
**Transfers**
**£**
862
11,365
**12,227**|**Gains and**
**losses**
**£**
4,768
34,108
**38,876**
**Gains and**
**losses**
**£**
(4,082)
(32,409)
**(36,491)**|**Balance at**
**31/03/2021**
**£**
26,884
185,455| |---|---|---|---|---|---| ||||||**212,339**| ||||||**Balance at**
**31/03/2020**
**£**
21,708
147,324| ||||||**169,032**| ||||||| ## **Purpose of restricted funds** 2005 Recoupment Fund to pay off the 2005 Loan Extraordinary Repairs Fund To cover emergencyand major non-routine repairs and improvements ## **17. Analysis of net assets between funds** ||**Investments**|**Net current**|**Net Assets**| |---|---|---|---| |||**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|1,906|52,333|54,239| |**Restricted funds**|||| |2005 Recoupment Fund|25,699|1,185|26,884| |Extraordinary Repairs Fund|185,261|194|185,455| ||**212,866**|**53,712**|**266,578**| 9 of 11 ## Sleaford Hospital Notes to the Financial Statements Continued For the year ended 31 March 2021 ## **Previous year** |**Unrestricted funds**
_General_
General
**Restricted funds**
2005 Recoupment Fund
Extraordinary Repairs Fund|**Investments**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
1,906
36,334
38,240
20,523
1,185
21,708
147,130
194
147,324| |---|---| ||**169,559**
**37,713**
**207,272**| ## Draft 10 of 11 ## Sleaford Hospital Detailed Statement of Financial Activities For the year ended 31 March 2021 |Draft
**INCOME AND ENDOWMENT**
**Charitable activities**
Subscriptions from residents
**Investments**
Income from unlisted investments
Other interest receivable
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost of direct charitable activity
**SUPPORT COSTS**
**Management**
Management
**Governance costs**
Governance costs
**Total resources expended**
**NET INCOME BEFORE GAINS AND LOSSES**
**Other recognised gains and losses**
Gains/(loss) on revaluation of investments
**Net income before gains and losses**
**Net Income**|**£**
**2021**
96,581
**96,581**
8,074
15
**8,089**
**104,670**
(74,389)
**(74,389)**
(9,200)
**(9,200)**
(650)
**(650)**
**(84,239)**
38,876
**38,876**
**38,876**
**59,307**|**£**
**2020**
95,081| |---|---|---| |||**95,081**
7,464
150| |||**7,614**| |||**102,695**
(113,703)| |||**(113,703)**
(8,976)| |||**(8,976)**
(804)| |||**(804)**| |||**(123,483)**
(36,491)| |||**(36,491)**| |||**(36,491)**| |||**(57,279)**| 11 of 11 This page does not form part of the statutory financial statements