Charity registration number: 220038
League Of Friends Of Yeovil Hospitals
Trustees, Report and Consolidalgd FinancABI Ststements
for the Year Ended 30 Seplembgr 2023

League Of Friends or Yeovil Hospitals
Contents
Reference and Administrative Details
Trusteès, Report
2to6
Indeperident Examiners Report
7t08
Consolidated Statement of Finanual Activities
Consolidated Balance Sheet
10
Balance Sheel
Consolidated Statement of Cash Flows
12
Notès lo the Financial Statements
13to27

League Of Friends Of Yeovil Hospitsls
Referenco and Admlnistrative Details
Chairnian
Jacqueling Henderson
Tru$tgeS
Margaret Spurr
Roger Walkington
Yvonne Co￿1ng
Angela Baker
Margaret Dove. died 15 May 2023
Nicola J Warde
Margaret Cox. resigned 6 April 2023
Frances Hayward
Annette Parker, appointed 6 April 2023
Janel Ebdon. appointsd 6 April 2023
Joy Mary Bennotts, appointed 25 April 2023
Margaret Davis-Brown
S•cr&tary
Treasurer
Jlll Stevens
Charity Registratlon Number
220038
Princlpal Offic•
22 Brocks Mount
Stoke Sub H8mdon
Somerset
TA14 6PJ
Audltor
Mll8ted Langdon LLP
Chartered Accountants and Registered Auditor5
Molivo House
Alvington
Yeovil
Somerset
8A20 2FG
Fund Managers
Evelyn Partner5
45 Gresham Street
London
EC2V 7BG
National Westminster Bank PIC
2 Hendford
Yeovll
Somerset
BA20 1TN
Bankors
Page 1

League Of Friends Of Yeovil Hospitals
Trustees. Report
The Committee of Managwnènt presgnt Ihelr report alor*g wth the financial statements of the charity
for the year end8d 30 September 2023. The financial statements have been p￿pared in accordance
with the accounting policias sel out in note 1 to the acwunts and comply with the charity's
constitution, the Charities Act 2011 and tha Slatsment of Recommended Practice published in 2019.
The govemlng document is the Constitution which was amendèd by The League of Friends of the
Yeovil Hospitals at annual g8neral meeting held on 1 April 1997 and further amended al its annual
general meeting on 3 May 2018. The committee members appoint new committee members.
Oblectlvets and actlvltles
Objects and alms
Th8 objects of The Leagug of Friends of the Yeovil Hosprtals, a registered charity Ino. 220038}, shall
be to relieve pats'enls ané former patients of the YeDviI hospitals and other invalids in the cornmunily
who are sick. conv81escenl. disabled, handicapped, infirmed or in need of financial assistance
generally and lo support the charitoble work of th& said hospitals. For the purpose of c8rwng out the
above objects. bul not otherwk8e. the League shall have the following powers.'_
lal to educate the public in the needs of the pallents of the Yeovll hospitals 8nd other invalids in the
community and to mobilise, encourage, foster and maintain the interest and support of the public in
the said hospitals,.
Ibl tr) assist with the establishment of new LeagU8S and lo foster ctroperation and
inler-communicalion be￿n Leagues and other charitable inslitulions. Local Aulhorthgs, Hospttal
Authoribes. National Health Service Authorities and Hearth S8Mce Trusts,.
Icl to give and oxchange infomiation and advice and to promote education in all matters relating to
hospllals and hospital management and lo promote research and disseminate the results-
Id] to publish, or ¢XJntrFbulg to the publications of, any pa￿r$, books. periodicals. reports or any olhei
documents",
le} to hold Gonferences, meetings, lectures, exhibit￿nS arKI discusslons-
lfj to recTUit, and lo assist in the recruitment of, voluntsry workers in 8nd for the Yeovil hospitals,.
Ig] lo raise ftjnds and lo invite and receive contributions from any person or persons or organisations
whatsoever by way of subscription, donation or otherw7$9"
thl lo tske and acc8pI g¢fts of property, whetr*er subject to any special trust or not. for the object of the
League-
] lo suppl8ment the service prowded by the Yeowl hospitals for the health, we￿are and comfort of tha
patients therein and other invalids in the community by the prowslon of faThlilies. building and
equipment, whiGh may be required for the treatment of such pationls, or, for the eficient running of the
hospitals..
I to provide, or assist, in the provision of, amenities in thè Yeovil hospitals for patients and staff,
induding the provision and running of hospital shops. the eslablishment of dubs. health and
recreation centres, hostels and rest and ¢onvale$cenl homes for the u8e and benef51 of such persons-.
Page 2

League Of Friends Of Yeovil Hospitals
Trustees. Report
D(] to undertake and execute any charitsble trust. and;
Ill to do such things as are necessary for the attainment of the above objeGts.
There have been no changes Sn the objectives. organisation or poliues of The League of Friends of
the Yeovil Hospitals I'lhe League'l since the last report.
Risk management
The Committee h8s recommenced lund raislng acttvities durtng the year.
The Commtitee of Management has considered the maior risks to which the League is exposed and
has rewewed those risks and established systems and procedures to manage those risks. These
procedures are periodically rewewed tr) ensure that they conllnue lo meet the needs of th6 Lgague.
Flnan¢lal revlew
The Lgague has r8ceiv8d Sncome of £2,247,70312022: £7621 from fun8Tals, bequests and 18gaaes.
and donations of £7.74012022.. £4,568).
The Loague held its annual quiz which raised £1,331 wth non8 being held in the prewous year, also
an evening with the Military Wives choir which raised £558, Ihg first one planned was cancelled due trj
in¢lem&nl weather. Last year we had an evening 818 local thaalre raising £546.
The League wholly owrks 1000￿ of the 100 shares of the Hospital Shop. The shop is a seperal8 limited
company and produces ils own accounts which have been consolidated wtth the Leagues.
The shop. after several difficult years. is now very busy, and has pladged a total donation lo the
LeaguB of £148,442. The shop continues lo provide a valuable seNice to the patients. visitors and
staff. The coffee bar in the Emergency dep8rtmenl and the newsp8per and magaane service around
th8 hospital have all recommenced.
A voucher scheme, whl¢h was introduced to anable patients to obtain essenllal supplies. has been
discontinued due lo operational dtffi¢ullies.
Fr(¥n 1 April 2023 Yeovil Dlslricl Hospital NHS Foundatlon frust b8¢ame part of Somerset NHS
Foundation TrLtst. During the period £239,956 was don81ed to Yèovil District Hospital NHS
Foundation Trust and Som@rsel NHS Fountlation Twst which included £186.053 towards the
refurbishment of the Childron's outpatient area.
Review of aetlvities, dgvelopments and achlevements
There have b&en no Ghang88 in the objectives, organisation or policies of lh8 League of Fri8nds of
Yeovil Hospitals I'th8 League'l apart from our investment policy in light of a legacy arising in the year
of £2.2 millwjn. which was not re¢eNed until after the year end. Eve1￿ Partners wore appointed to
oversee this amount and to invgst il on our behalf.
Page 3

League Of Friends Of Yeovil Hospitals
Trustees. Report
We have a policy 88 a committee Ihal all money ralsed and donated is gifted lo the hospital as soon
OS F)ossible. There is nomially a lime lag belween the receipt of the money. considering requests
received by the hospitsl at our bi-monthly meetings and agreeing how it should be spent. also
between the lime the hospital orders the equipment and invoices the League. The transfer of the
accounts to the new Foundation Twst has resultèd in some hold ups in receiving the ￿quests for
paymont. We, therefore, sometimes have18rge amounts in our bank accounts waiting to be paid out,
and at the end of the year this amounted lo £331.140 {2022.' £439.646) of which £118,988 12022=
£47,916> has been commilled to projects within the HospStal. We also agreed lo fttnd £100,000 of
equipment and fumiture in the propos8d Breast Cancer unit which is lo be builL
The committee meets bi-monthty and presently this has been face to face for the year. It Is
responsible for fund raising. the management of the various donations and legacies received. and for
the decision on how the funds should be spent wlhin the hospital. One or senior officers from the
hospital will attend the m8eUngs but th8y hav8 no voting rights.
The Chairman 1$ responsible for the organisalion of fund-raising and delegates acliviti8s to willing
members. The deaslon of how lo spend the money is taken by th8 whole committeg via voung al
each megting.
Training is not really appropriate for tha furmkraising activities that are undertaken. however the
Chairman and committee members do attend courses offered by the national body (Attend) which 8re
appropriate.
Most of the members have be8n on the committae for many years and so they are familiar wth the
way the League works.
As with many charities, th6 Lgagues. whole 8XlStence is lotally dependent on volunteers. both in the
committ88 for fundraising and in the shop. It is becoming increasingly difTicult to find such individuals
who are wflling to give up their free tlme and wa are having difficulties in re¢fuitsng enough volunteers
lo man it.
Public benefit
We have referred to the guidance Contained in the Ch8rity Commission's general guidance on public
benefit whgn reviewing our aim and objectives and in planning our future aclivitias. In parhcular, th8
trustees consrder how planned actlvltles will contribute to the alms and objectives they have set.
Our main activities and who we try to b8nofii are desc¥ibed above. All our charitable activi1188 focus on
providlng medical equipment 8nd better hospital fac51ities for patignts and their famil￿$ and are
undertaken lo further our chaiitable purposes for the publlc benefit.
Reserves policy
The Management Committee has examined the League's requirements for reserves in light of the
main risks of the charity and will continue to review funding arrangements lo ensu￿ that tha Leagu8 is
adequately fLtnded in the longer term. The League is in a fortunate posilKJn with minimal running
costs. However, dua lo the time lag betr￿en receiving money, considering requests. agreeing how
th8 money should be Spent and ultimately paying for equipment after delivery. large amounts of
reserves can build up. The committee does however. endgavour to ensure that all money raised and
gifted is donated to the hospital as soon as possible.
Al the end of the year. the tharity held £2.670.742 {2022: £506,796) in unrestrictsd funds and £1,830
12022-. £4401 In restricted funds. Thè total amount of free reserves al the end of Ihe year was
£2,668,39212022.- £505,737).
Page 4

League Of Friends Of Yeovil Hospitals
Trustees. Report
Investment poli¢y and objectives
The trustees seek to cr8ate sufficient income to gnable the charity to cary oijt ils purposes
consislenlly year by year with due and proper consideration of fvlure negds. Aside from retaining a
prudent amount in reserves each year, most of the charity funds are to be spent in thg short term.
Where18rge amounts of income are ￿ceIved. the trustees have agreed that il is appropriate to invest
in a low risk profile, and lo implèment a conseNatNe OT eaulious investment Strategy until the funds
are requirgd. The Iru8tees seek to create suffiaenl incorne lo enable the charity to cary out ils
PUfPOS8s. The trustees wll review the policy statement on a regular basis.
Plans for future periods
We are plannbng some fundraising activllles In the next year.
We are identifying wilh the hospital the areas where the £2.2 million legacy can be ulNised.
Page 5

League Of Friends Of Yeovil Hospitals
Trustses. Report
Responslbllltles of the Commlttee of Managomont
The law applicable to charities in England and Wales requires the Members of the Committee to
prepare financial statements for each financial year which give a true and fair view of the stale of the
affairs of the charity and the group and of the incoming resources and application of resources of the
charitable group for that period. In preparing these financial statements, the Members of the
Committee are required lo..
Select suitabl8 accounting policies and appty them consi5tenUy,'
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
stale whether appli¢able UK Accounting Stsndards have been followed. subject to any material
departures disclosed and explained in the financial ststements., and
prepare the financial statements on the going concem basis unless it is inapproprtate to presume
that the charity will continue in operation.
The committee of Management are responsible for keeping proper accounting re¢ords which disclose
with reasonable a¢curacy al any lime the financial position of the charity and enable them to ensure
that the financial statements comply with the Charitres Act 2011, the Charity (Accounts and Reports)
Regulations and the Constitution. They are also responsible for safeguarding the assets of the charity
and hence for tsking reasonable steps for the prevention and detection of frau¢J and other
irregularities.
The Iruslees are responsible for the maintenance and integrity of the corporate and financial
infomiation included on the charivs website. Legislalion in the United Kingdom goveming the
preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annLfal report was approved by Ihe trustees of the charity and signed on tts
behalf by..
ueline Henderson
irman
t Davis-Brown
Secretary
Page 6

League Of Friends Of Yeovil Hospitals
Independent Examiner's Report to the trustees of League Of Friends Of Yeovil
Hospitsls
I report to the charity trustees on my examination of the accounts of the League Of Friends Of Yeowl
Hospitals (the Trust) for the year ended 30 September 2023 which cornprise the Consolidated
Statement of Financial Activities. Consolidated Balance Sheet. Balance Sheet, Consolidated
Statement of Cash Flows and Notes to the Financial Slatemenls.
Respon81bllltles and ba81s of report
As the trustees of the Trust you a￿ responsible for the preparation of the accounts in accordance wth
the requirements of the Charitses Act 2011 {'the ACVI.
An independent examination has taken place instead of an audit (regulation 31{ry} as League Of
Friends 01 Yeovil Hosprtals was granted an audit dispensation on 23 April 2024.
Having satisfied myself that the accounts of League Of Friends Of Yeovil Hosprtals are not required to
be audited and are eligible for independent examination. I report in respect of my examination of your
charitys accounts as carried out under section 145 of the Charrties Act 2011 {'the 2011 ACVI. In
carying out my examination I have followed the Directions given by the Charity Commission under
section 14515llb) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be reqLtired in an
audit and consequently does not cover all the matters that an auditor considers in giving their opinion
on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an
independent examination can provide. Consequently l express no opinion as to whether the
Consolidated accounts present a Ywe and falrf view and my report is limited to those specific matters
set out in the independent examine￿$ statement.
Independent examiner'$ statsmont
Since the Trusvs gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination be￿uSe I
am a member of ICAEW, which is one of the listed bodies.
I have ¢ompleted my examination. l o)nfirm that no matters have come to my attention in connection
with the examination giving me cause to believe..
1. accounting records were not kept in respect of League Of Friends Of Yeovil Hospttals 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 ¢omply with the applicable requirements concerning the foTh and content of
2ccounls set out In the Charities IAGcounls and Reports} Regulations 2008 other than any
requirement that the a¢¢ounts give a 'true and fair view, which is not a matter considered a8 part
of an independent examination., or
4. the accounts have not been prepared in accordan￿ wtth the rnethods and principles of the
statement of Recommended Practice for accounting and ￿pOrting by charities applicable to
charities preparing their accounts in accordance Ihe Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021.
Page 7

Loague Of Friends Of Yeovil Hospitals
Indepondent Examinerf8 Report to the trustees of League Of Friends Of Yeovil
Hospitals
I confirm that there are no other matters to which your attention should be dravm lo enable a proper
understsnding ofthe accounts to be reached.
R J Cadwallader F.C.A.
Chartered Accountant
Milsted Langdon LLP
Motivo House
Alvinglon
Yeovil
Somerset
BA20 2FG
Date..
Page 8

League Of Friends Of Yeovll Hospitals
Consolldated Statement of Financial Activities for the Year Ended 30
September 2023
(Includlng Consolldated Income and Expenditure Account and Statement of
Total Recognised Gains and Losses)
Unre$trict•d
Restrietsd
funds
fund$
Total
2023
Total
2022
Noto
Income and Endowments from:
Donations arKI legacios
Other trading aclivitles
Inveslmont income
2,254.563
516.161
7,512
1.830
2,256,393
516,161
7.512
6,190
289,426
1,614
Total incomè
2,778.236
1,830
2,780,066
297,230
Expenditure on:
Raising funds
Charltable acttvities
1367.9641
246.326
{367,9641
246,7661
1217,1751
78,288
440
Total expenditure
614,290
440
614,730
295.463
Ng1 income
2.163,946
1.390
2.165,336
1,767
Net movement in funds
2,163.946
1,390
2,16S,336
1,767
Reconclllatlon of funds
Total funds brought forward
Totsl funds ¢arried fO￿ard 18
506,796
507.236
505,469
2.670,742
1.830
2.672.572
507,236
Th& consolidat9d slalement of financial actThiities includes all gains and losses recognised durtng th
year. All incoming ￿sOUrceS and resources expended detlve from continuing Operat￿nS during the
above two periods.
The funds breakdown for 2022 Is shown in note 18.
Tho notes on pages 13 10 27 fom) an intègral part of these financial statemgnts.
Page 9

League Of Friends Of Yeovil Hospitals
(Reglstration number: 220038>
Consolidatsd Balance Sheet as at 30 September 2023
2023
2022
Note
Fix•d assets
Tangible assets
12
2,350
1,059
Current assets
Stocks
Debtors
Cash at bank and in hand
12,566
2.233,710
463,663
2,709.939
39,717
11,628
15,565
505,948
533,141
14
Credltors: Amounts f•lllng due wlthln ono year
Net ¢urrent assets
15
26,964
2,670,222
506,177
507,236
Net assets
2,672,572
Funds of the charFty:
Restrictod income funds
Restricted funds
1,830
440
Unrestricted Income funds
Unrestricted funds
2.670,742
2.672,572
506,796
507,236
Totsl funds
18
The financial statements on pages 9 to 26 were approved by the trustees, and authorised for issue on
l.a and signed on their behalf by..
ueline Henderson
imian
ret Davis-Brown
Secretary
The notes on pages 13 to 26 fomi an integral part of these financial statements.
Page 10

League Of Frlends Of Yeovil H03pitsIs
(Registration number: 2200381
Balance Sheet as at 30 September 2023
2023
2022
Notg
Fixed assets
Investments
100
100
Current assets
DebtOTS
Cash at bank and in hand
14
2.347,944
331,140
2,679,084
74,509
439,646
514,1S5
Credltors: Amounts falllng due wlthln one year
15
{4.380
3,540
Net current assets
2,674,704
2,674,804
510,615
Net assets
510,715
Funds ofthe charty:
Restricted incomg funds
Restricted funds
1,830
440
Unrestrfcted Income funds
Unrestricted fvnds
2,672.974
510,275
Total lunds
2,674,804
510.715
The financial statements on pages 9 to 26 were approved by the trustees, and authorised for issue on
and signed on their beha￿ by..
ueline Henderson
airman
el Davis-Brown
Secretary
The notes on pages 13 to 26 fo￿ an integral part of these financial statements.
Page 11

League Of Friends Of Yeovil Hospitals
Consolidated Statement of Cash Flows for the Year Ended 30 September 2023
2023
2022
Note
Cash flow$ from operatlng actlvltlos
Nel cash incomg
2.165.336
1,767
Adjustments to cash flows Irom non*a$h items
Deprectalion
Investment income
541
7.512
1.453
1.614
1.606
2.158.365
Worklng ¢apltal adjustments
{Increasèllde¢rease in stocks
Incraase in debtors
Inc￿sSe in creditors
19381
12.218,1451
12.753
383
{6,6171
9,754
14
15
Nel cash flows from opgraling activities
Cash flows from investing activitles
Interesl receivable and similar income
Purchase of tangible fix8d assets
Nel cash flows from investing actimtiès
N61 Idecreaseifincrease in cash and cash equivalents
Cash and c*sh 8quivalents al 1 October
Cash and cash equivalents al 30 September
47.965
5,126
7.512
1,832
1.614
480
12
5.680
1,134
{42.2851
505,948
6.260
499.688
463.663
505,948
All of the cash flows are derived from continuing operations during the al>ovo pericxls.
The notes on pages 13 to 27 forni an integral part of lhasa financial statements.
Page 12

League Of Friends Of Yeovil Hospitals
Notes to the Flnanclal Statements for the Year Ended 30 September 2023
1 Accounting policies
Summary of signtllcant a¢¢ountlng policies and key accounting •$timate$
Th8 principal accounting policies applied in the preparation of these financial slalemants are set out
below. These poliGi8$ have been consislenlly applied to all the years presented. unless otherwise
stated.
ststgmont of compliancè
The financial statements have been prepared in aGGordance with th8 Statement of Recommended
Practice.. Accounting and R8POrting by Charities preparing Iheir accounts in accordance with the
Fin8ncial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS102} 18ff8clive 1
January 20191- (Charities SORP IFRS10211, and th& Financial Reporting Slafidard applicable in the
UK and Republic of Ireland {FRS1021 and the Charities Act 2011.
Basis of pr•paration
League Of Friends Of YeoMI Hospitals meèts the daflnitlon of a public benefit entity under FRS 102.
Assets an¢J liabilities ar9 initially recognised at histori¢81 cost or transaction valu& unless oth8rwis
stated in th8 re￿vant accounting policy notes.
Ba$ls of consolldatlon
The League of Friends of tha Yeovil Hospitals has a 100VA holding in Friends of Yeovil Hospitsl Shop
Limited and consolidated financial slalements are required lo be prepared. These financial statements
consolidate the rasulls of the charity and ils subsidiary undertaking on a line by line basis. A separate
statement of financial activities is not PTesented for the charity itself following the exemptions afforded
by paragraph 397 of the SORP.
Going eon¢ern
The trustees assess whether the use of the going concem is appropriato i.e. whether there any
material uncertainties re18ted lo events or conditions that may cast signrficant doubt on the ability of
the League of Friends of the Yeovil Hospitals to continue as e going concem. The trustees make this
assessment in respect for a period of al least one year frc¥n the date of the aulhorfsallon for issue of
the financial slalements and hav8 concluded that the League has adgquate resources to continue in
operational existsnce foT the foreseeable future and there ar8 no mateiial uncertainties about the
League's ability lo continue as a going conc@m, thus they continue to adopt the going concern basi5
of accounting in preparing th8 ffnanci85 stal8menls.
Page 13

League Of Friends Of Yeovil Hospitals
Notes to the Financial Statsments for the Year Ended 30 September 2023
Income and endowments
All income is recognised once the charty has entitlement to the income, il is cartain that the income
will be rec8lved and the amount of income receivable can be measured with sufficient reliability- For
legacy gifts, entidement is taken 8$ the earlier of the date on which the estatè is finalised or when a
distribution is received Irom the estate. Whore material legacies have been notrfied bul the
requirements of income r8cognition have not been mel. the details of the legacies a￿ disclosed in
note 20.
Interasl on funds held on depostt is induded when recèNable and the amount can be measureij
reliably by the charity.. this is normally upon nolrficalion of the interest pald or payable by the bank.
Donatlons In klnd
The charity is fortunatè in the lovel of active support it receives from voluntee￿. These volunteers
spend a considerable amount of time administering our activiknes. Without this voluntsry support
considerable additional exp&nse would be incurred. It is not Considered maaningful or practicable lo
put a monetary value on Ihls support. we can but offer a heartfelt- Thank you,.
Expendi￿re
Liabilitl8s are recognised as oxpenditure as soon as there is a legal or constructive obligation
committing the charity lo thg gxpendilure, il is probable that settlement will ba required and the
amount of the obligation can be measured reliably. All expènditure is accounted for on an accruals
b8sI8 and h8s been dassified under headlngs that aggregats all costs related to the category.
Costs of generating funds include fundraisin9 costs. shop sales and maintenance of asse15. Costs of
charitable aclwities comprise all expenditure directly rglaling lo the objeGts of the charity. Governance
costs comprise all costs invoknng public accountability of the charity and its Cofnpliance with
constltutional and stalulory requirements. Support costs include other administrative costs.
Govemment grants
Govemment grants are recognised on an accruals basis. They are recognised in income on a
sy3temalic basis over the periods in which the entity recognises the related Gosls for which thè granl
is intended to compensate.
Taxation
As a register8d ch8rity League of Friends of Yeovil Hospitals is 8xempt from taxation in respect of
income or capital gains lo the exlonl that such income or gains ar8 applied exclusively lo charitable
purpose8.
Tanglble fixed assets
The Trustees have d8cided that fixed assets bglow tha value of £500 are not capilalised and they
have also implem8nted 8 policy of completing regular impaimient revlews of fLxed assets. An
imp8imient review aim8 to ensuTe that fix8d assets are recorded in the accounts al no more than their
recoverable 8mount.
Page 14

League Of Friends Of Yeovll Hospltals
Notes to the Financial Statements for the Yoar Ended 30 September 2023
Depre¢iatlon and amortlsation
Oeprecialion is provided on tangible flxèd assets so as lo write off the cost or valuation. less any
estimated residual value, over their expected useful economic lrfe as follows-.
Asset class
Fixtures and fittinos
Office eqUipM￿t
Depreclatlon method and ratè
10% - 33.30/0 straight line
20% reducing balance
Current ass8t inv¢stment$
The trustees seek lo create SLrfficient incomè lo enable the chartty to carry out its purposes
consistently year by year with due and proper consideration of futur8 need5. Aside from retaining a
prudent amount in reserves each year, most of the charity funds are to be spent in the short term.
Where large amounts of income ar@ received, rhe Iruslees have agreed that il is appropriate to invest
in a low risk profile. and lo imploment a conservalwe or cautious investment strategy until the funds
are requirgd. The Iruslees seek to create sufficAent income lo enablg the charity to carry out its
purposes. The trLfslees will review the investment policy stslement on a règular basis.
Donated servl¢g8
The shop is operated whhin an NHS hospital and is not charged rent. The truste@s have not estimated
the martel value of rent due on the premises as it is not reasonably quantifiable or measurable.
stock
Strjck is valued at the low8r of cost and net realisable value.
Fund structure
R8stri¢ted income fLtnds are funds vthich are lo be used in accordance with spectfic restrI￿lOn5
imposed by the donor or the Conslitulion. See note 18 for details of the restricted funds of the charity.
Unrestricted funds comprise those funds which the Committee of Management are free to use for any
purpose in furtherance of the charstsble objects. Unrestricted funds include designated funds where
the Committ8a of Management. al their discretion, have created a fund for a 8pectfic purpose.
Ponsions and othèr post retirement obligatlons
A defined contribution plan is a per>sion plan under which flxèd contributions are paid into a pension
fund and the charity has no legal or constructive obligation lo pay further contributions èven if the fund
does not hold suffi¢ienl assets lo pay 011 employ8ès the benefits relating to gmployee service in the
cuffenl and prior periods.
ContribLrtions to defined contribution plans are recognised as employee benefit expense when they
ara due. If contribution payments exceed thè contribution due for service, tha excess is recognised as
a pr&p8yThent.
Page15

League Of Friends Of Yeovil Hospitals
Notes to the Financial Ststements for the Year Ended 30 September 2023
Flnan¢ial instruments
Recognition and m8asurement
The League only holds baslc flnanei81 instruments as defined in FRS 102. Thg financial assets and
rinancial liabilities of the Leaguè and their measurgment basis are as follows:
Financsal assets - trade and other debtors are bas4c financial instruments and are debt instruments
me88ured al amortised cost as datailed in note 14. Prepayments are not financial instruments.
Cash at bank- is cl8ssrfied as a basic f￿anCial instrument and is measured al f8ce value.
Flnancial liabililras
trade creditors. accruals and other credllors are TinanciBI instruments, and are
measured at amortised cost 88 detailed in note 15. Taxation and social security are not included in the
financial inslrumgnts disclosure definition. Daferrgd income is not deemed to be a financial liability. as
the cash settlement has already taken place and there is no obligation lo deliver services rather than
cash or another financl81 Instrument.
Page 16

League Of Friends Of Yeovil Hospltals
Notes to the Financial Statements for the Year Ended 30 September 2023
2 Income from donatlons and legacios
Unra$trfded
funds
General
Restricted
funds
Total
2023
Total
2022
Donations and legacies,.
Donations and gifts
Legacies and funeral
donations
Income tax and gift aid
5,910
1,830
7.740
2.247.703
950
2,247,703
950
762
2,254,563
1.830
2.256,393
6.190
£2.254.563 (2022 - £6.1901 of the income above was attributable lo unrestricted funds and £1,830
12022- £Nill attribulable lo restricted funds.
3 Income from other tradlng activities
Unrestricted
tunds
General
Total
2023
Total
2022
Trading income.,
Commerciol trading operations
Events income,.
Other events income
512,759
512,759
288,689
3,402
518,161
3.402
516,161
737
289,426
All of the inGome atx)ve was attrlbutable to unrestricted funds in 2023 and 2022.
Page 17

League Of Friends Of Yeovil Hospitals
Notes to the Financial Statements for the Year Ended 30 September 2023
4 Investment income
Unre$trf¢tod
funds
General
Total
2023
Total
2022
Other investment income
7,512
7.512
1,614
All of the Income above was attributable to unrestricted funds In 2023 and 2022.
S Exp8ndltur9 on ralslng funds
al Costs of gonerating donatlon$ and legacies
UnTestrictod
funds
General
Total
2023
Total
2022
Fund-raising and publicity
1,507
1,507
175
b> Costs oltradlng a¢tlvltl¢$
Unrestricted
funds
General
Total
2023
Total
2022
Not?
10
Trading subsidrary costs
366.457
366,457
217,000
366,457
366,457
217.000
All of the expenditure above was attributable to Ltnreslricted fvnds in 2023 and 2022.
Page 18

League Of Friends Of Yeovil Hospitals
Notss to the Financial Statements for the Year Ended 30 September 2023
6 Expendlture on ¢harltable actlvltie$
Unrestrictèd
funds
General
Restrictsd
funds
Total
2023
Total
2022
Support to Patients
Allocated support
costs
Govemance costs
Donations to YOH
NHS Foundation
Trust
877
877
735
725
3,710
5.047
5,047
239.516
440
239,956
246,786
73,118
246,326
78,288
£248,326 {2022 - £78.288) of the expenditure above was attributable to unre8trlct&d funds ond £440
12022- £Nill attributable lo restn.cted funds.
In additiors to the expenditure analysed above, thero are also govemancg costs of £5,04712022
£3.710) which relate dlrectly to charitable actiwlies. S69 note 7 for further details.
Page 19

League Of Friends Of Yeovil Hospitals
Notes to the FSnanclal Statements for the Year Ended 30 September 2023
7 Analysls of governance and supp¢rt costs
Support costs allocated to charltabla actlvltlos
other
support
costs
Total
2023
Total
2022
Basls of
allo¢atlon
100•A support
100% support
Attend subscriptlon
Travel Costs
776
110
776
110
725
886
886
725
Goveman¢o costs
Unre$trl¢ted
fund$
Goner41
Total
2023
Total
2022
Independent examiner fees
Examination of the financial stalements
Other fees paid to exarniners
Other governanca costs
1.880
3,101
66
1.880
3,101
66
1,525
2.185
5.047
5.047
3,710
8 Net Incomlngloutgolng r•$ourcg$
Nel incoming resources for the year indude..
2023
2022
Independent examinels f8es
Depreciation of fixed assgts
4.981
541
3.710
1,453
9 Trust•es remuneTation and expensgs
Dunno the year the charity made the follovéing transactions with Irustees..
During the year. 3 trust89s (2022: Nil) were reimbursed £207 {2022-. £Nill for travel. AGM and
fundraising expenses.
No Iruslees, nor any persons connected wlh them. have rgc8ived any r8mun8TrIic￿ from th8 charity
during the year.
No trustees have recelved any other boneffts from the charity during the year.
Page 20

League Of Frlends Of Yeovll Hospltals
Notes to the Financial Statements for the Year Ended 30 September 2023
10 Net income from tradlng actlvltles of subsldlary
Th8 charity owns the er*tire share capital of 100 ordinary shares of £1 each In the wholly owned
subsidiary Friends of Yeowl Hospital Shop Limited, which is incorporated in the United Kingdom.
company number 02575863. The prinopal acliviligs of the Fri9nds of Yeovil Hospital Shop Limited
during the year continued to be those of ￿ts11 confectioners 8nd newsagents at Yeovil District
Hospital.
A summary of rèsults is shown below..
Sub$idary Profft and Loss
2023
2022
Tumover
512.759
1314,4451
198,314
3,367
152.0121
149,669
69,530
173,009)
146.190
288,689
1172,5221
116.167
347
Cost of sales
Gross profil
Other opèrating income
Adminislralive expenses
Net Profll
144.4781
72,036
57.515
160,021 }
69,530
Reserves brought fO￿ard
Distribut￿n to The Leaguo of Friends of Yeovil Hospita
Retsined In Subsidiary
Thg assots and liabilities of the subsidiary were
2023
2022
Fixed assets
1,059
91,995
123,4241
69,630
Current assets
179,277
135,3371
146,290
Current liabilities
Total net assets
Share capital
Resetves
1¢XI
100
146,190
146.290
69.530
69.630
Totsl equity
Page 21

League Of Friends Of Yeovil Hospitals
Notes to the Financial Statements for the Year Ended 30 September 2023
11 Staff costs
The aggregate payToII costs were as follows:
2023
2022
staff eo$ts dvring the y8ar w¢r•:
Wages and salaries
Staff ponsions Idefin6d contribulionl
41.654
1,643
35,615
1,366
43,297
36,981
The average number of persons employ8d during the year wa$ as follows:
2023
2022
Averago number of employees
No employee received emoluments of more than £60.(X)D during the year.
All of the above expenditure was from the trading subsidiary and as a resyll are all 8ttributsble lo
unrestricted funds in 2023 and 2022.
12 Tanglble fixod as$gts
Group
Flxtures and
rrttin9S
equipment
Total
Cost
At 1 October 2022
Aijdtlions
13,836
1.631
978
201
14,814
1.832
At 30 September 2023
15,467
1,179
16,646
Depro¢latlon
Al 1 Oclob8r 2022
Charge for the year
At 30 S&ptember 2023
Net book value
13,403
375
352
166
13,755
541
13,778
518
14,296
At 30 September 2023
At 30 September 2022
1,689
661
2.350
433
626
1,059
Page 22

League Of Friends Of Yeovil Hospitsls
Notes to the Flnancial Statements for the Year Ended 30 September 2023
13 Fixed asset investments
Charity
Shares In group undertaklngs and partlclpatlng intsrests
Subsidiary
und8rtaking$
Total
Cost
Al 1 October 2022
100
100
AI 30 S8pt8mber 2023
Net book value
100
100
At 30 September 2023
At 30 September 2022
100
100
100
The charity holds a 100¥o equity 8har8holding In Frfends of Yeowl Hospttal Shop Limited.
The subsidiary wll be making a gift aid payment to the charfty of £148,422 within nine months of the
peric￿ gnd. The activities and results of this company are summarised in note 10.
14 Debtors
Group
Charity
2023
2022
2023
2022
Prepayments
Accrued incom&
Other debt
265
375
14,925
265
73,384
860
2,198,572
35.138
2,346.994
950
2,233,710
15.565
2,347,944
74.509
In January 2024, an advance of £2 million was r8ceiv8d by the Charity in respect of a1gga¢y for which
a total of £2.195.716 has been included within accrued income al the balanca sheet dale.
Page 23

League Of Frlends Of Yeovil Hospitals
Notes to the Financial Statements for the Year Ended 30 September 2023
15 Credltors: amounts falllng due wtthin one year
Group
Charlty
2023
2022
2023
2022
Trade crgdilors
Other taxation and social
secLtrity
VAT payab
Other Creditors
Aceruals
24.915
15.218
1,090
5,366
1.337
7,009
359
4.222
1,241
5,924
4,380
4.380
39.717
26,964
3.540
16 Commltteo members. Ilablllty
Legal liability on behalf of Committee Members for defencè costs. expgnses and settlements for
claims alleging any 8rror, misstatement or misleading statement. act, omisston, neglect or breach of
duly is covered under the Group Insurance of the National Association of LeagLt8s of Hospital
Friends.
This policy covers clairns up lo a maximum of £5 mIll￿n, however. thgre is a limll of £500.000 per
individu81 League.
17 Contingont assets
Charity
The Charity has been made aware that it is du8 to receive an eslimatad £112,277 as the residual
beneficiary of an estate.
In January 2024, the Charity was made aware that It is due to receive an additional £145.000 legacy.
Page 24

League Of Friends Of Yeovil Hospitals
Notes to the Flnancial Statements for the Year Ended 30 September 2023
18 Funds
Group
Balanca at
30
Septemb•r
2023
Balance at
1 O¢tobor
2022
Incomlng Resources
resources
expended
Transfers
Unrestrlcted funds
General
Unre51ricted genèral
frjnds
58,880
2,778,236
{416.3741
1117,1581
2,303,584
Designated
Children's outpatients
Other designated funds
Breast Cancer Unit
Naw projects
150,000
47,916
11JO,000
150.000
447.916
1150.0001
147,916)
117,158
117,158
100,000
150,000
197,916
117,158
367.158
Total unrestrlcted funds
506.798
2.778,236
614.290
2,670,742
Restricted funds
Chernotherapy unil
Macmillon unit Barrie
Ackland
Ward 8B Daphne l Tulk
Macmlllan unil John Hicks
Respiratory department
Total restrfcted funds
66
{66}
85
175
114
1851
{1751
{1141
1,830
1,830
440
440
1,830
Totsl funds
507,236
2,780,066
614.730
2,672,572
Page 25

League Of Friends Of Yeovll Hospltals
Notes to the Financlal Ststements for the Year Ended 30 September 2023
Balanco at
30
Sèptembèr
2022
Balan¢e at
1 October
2021
Incomlng Resourvs
rn$ourc•s
oxpended
Transfers
Unrestrlcted funds
General
unreStr￿ted general
funds
169,771
297,230
{267,6011
1140.S20)
S8,880
Designated
Children's oulpalienls
Other designated funds
Breast Cancer Unit
New proiects
300,000
35.258
1150,000}
40.520
100,¢XJO
150,000
150,000
47,916
100,000
150,000
{27.8621
335,258
27,862
140.520
447,916
Total unre$trl¢tsd funds
505,029
297,230
295.463
506,796
Ro$trf¢t•d funds
Chemother8py unit
Macmillan unit Barri8
Ackland
WaTd 8B Daphne l Tulk
Macrnillan unit John Hicks
66
85
175
114
85
175
114
Totsl rostrictod funds
440
Total funds
505.469
297.230
295.463
507,236
Purposes of rgstrfctgd fund$
Restricted funds are funds received for spedfic purposes and are in respgct of a particular ward, unil.
or health condition as dgtsilad above.
Purpo$o$ of doslgnated funds
These a￿ funds set aside to be donated in the future to the Ywvil Distrid Hospital NHS Foundation
Trust. as agreed al General Meetlngs.
Page 26

League Of Friends Of Yeovil Hospitals
Notes to the Financial Statements for the Year Ended 30 September 2023
19 Analysis of not assets bgtweon funds
Group
Total funds
at30
September
2023
Unre5trictod
funds
General
R•$trl¢t•d
funds
Tangiblo fixed ass&ls
Current assets
Cuffenl liabiliti6$
2,350
2,708,109
39,717
2,350
2,709,939
39,717}
2.672.572
1.830
Total nel ossets
2.670.742
1,830
Total funds
at30
September
2022
Unrgstrlcted
funds
General
Restrldod
funds
Tangibl8 assets
Current ass&ls
Current liabilities
1,059
532,701
26,964
1,059
533,141
26,964
440
Totsl nel assets
506,796
440
507.236
20 Matorial 18gaelgs and bequests
The amount of legacy income notified bul not yel recewed as al 30 Sopl¢mber 2023 Is £Nil {30
Septembgr 2022.. £50.000}.
21 Related party tranrA¢tlons
Charity
Other than as detailed in note 9 of the accounts, no other related paty transactions arose in the ￿r.
Page 27