Friends of Eastbourne Hospital FRIENDS OF EASTBOURNE HosprrAL REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 CHARITY NUMBfft' 220592 Caladine Ltd Chantry House 22 Upperton Road Eastbourne. Easi Sussex BN21 IBF
FRIENDS OF EASTBRNE HOSpAL FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 AUGUST 2024 CONTEiirs Page Refeience and adrnini5trative detsi15 Report of the rrustees Independent auditorfs report Statement of financial actrvities Balance sheet io ststernent of cash flows li Notes to the financial statements 12-21
FRIENDS OF EASTBOURNE HosprrAL FINANCIAL STATEMENT5 FOR THE YEAR ENOED 31 AUGUST 2024 REFERENCE AND ADMINlSfRATIVE DETAILS Registsred tharity number 220592 Princtpal address Friends Office District General Hospital Kings Drive Ea5tboume, East Sussex BN212UD Trustees Dr P Nash- resigned as President and Trustee 23 November 2023 Mrs J K S 8oyce-Sh3rpe Pre5Fdent Or A J Walmsley (haitm3n Mrs A P Cafvn Mrs R G Cameroft Ms T Hamblin Mr M B Harris- resiEnÈd 16 ottober 2023 M5 T E Henson Mrs C M Lock Mr H W Parker Mrs B K Phillips MrG S Stone Mrs G L Woolley- resigned 18 September 2023 TasUrer Mr P G Skilbeck FCA Auditors Calad%ne Ltd Chantry House 22 Upperton Road Eastbournè, East Sussex BN21 IBF Bankers 8arclays Bank plc Leicester Servicing Centre Leicesier LE87 2BB
FRIENDS OF EA5fBOURNE HOSPtfAL FINANCIAL STATEMEiifs FOR THE YEAR ENDED 31 AUGUST 2024 REPORT OF THE TRuEEs FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their report and finanoal statements of the charity for the year ended 31 August 2024. The financial statements have been prepared in accordance wr¢h the accounting policies sei out in note 110 the accounis and comply wlth the charity's trust deed. applicable law and United Kingilom Accounting Stand3rd5. The chafity is a public benefit entity. Objedpie5 and artivitie5 forthe putslic benefft The charity'5 purpose is to T3i5e voluntary funds to provide extra equipment amenities and services for the pattents and staff at the Eastbourne Distr¢ct General Hospitsl (the Hospttèll under the control of East Sussex Hospitals Trust and its associated community 5ervice5 provided centrallyby ESHT. The charity addit£onall¥aln toen(DurJgethe iFbteie5t and 5UPPOrtof the public forthe staff, patients and the work of the Trust. The trustee5 are aware thatthere is gvidance issued by the Charity Commission on Public Benefit. The trustees willingly accept, and confim their regard for. this spOnsibl1jty'. the Hospitsl sèrvÈ5 the population of Eastbourne and a substantial part of the surrounding county of East Sussex. Every patient. visitor and member of staff has the potential to benefit from the services and equipment provided bythe charity. Therpfore, everyonewho lives in the substantial tChmeNt area of the Ho5Pltal may benefft irtcluding the many thousands of annual visitors to the area. The charity raises ttsfunds throueh a numberof sourtes Intludinelegaties. donations and directthndralslngactivitles throughout the year. In addition. the charity is deieirnined to continue lo prOe a service io the Hospital, its patierts, staff and visitors. It doe5 th15 through.. Two shops- a ¥n3Fn shop the entran to the H05Pital and a shop. A trolley 5eMce around waTds forthe convenience of staff and of patients who are unable to ¥iStt the other shops. A moming trleY seNice to all departments for the Convenien of stsff. A small calé within the radiotherapy department of the Hospital. The two shops and the cafe are under the management of3 salaried m3n38eress assistÈd by part-timè deputies. The shops. the trolley service and the café are otherwise wholty stsffed byvolunteer5 With all surp5uses generated bythe5e actTWties being used to further the objectNes of the charity. For the purpose of carrying out the above objectives but not fvrther or otherSe, the charity sh1 have the following powers: to provide funds for exua seiCe5, equipment and amenities for patients and staff and to rrEke donations where expenditure has been recommended by ESFtr and has been appro¥ed bythe Executr¥e Committee. to encouTage voluntary work in the H05Ptfdl. to provide a fink between the Yospltal and the community To a large extent the SUCSS o* the charity in anyyear is dèpendent upon the level of legaciès and donations recelved in the year, neither of which are under the control of. or can be forecast by. the trustees. Separate from those sources, the trijstees consider al the level of shop and café sales together wth the gr05s profit zthieved and bl the intome from fundraising activities to be measures of successful actNity in anyyear. Voluntee15 Voltsnteers 3rè essential to the success of the charity. In the shops. trolley service and at fi1ndraingevents. it is estimated that they give an amazing 19,150 man hou of voluntary seNlce per year. Volunteers asslst wlth every actNity undertaken by the charity, be that 3 small coffee mornin& a sponsored event or a major function suth as a fete or bèll. It is impossible to accute1V quantify these hours or the finanoal walue involved but their wnt¥ibutson to the succe55 of the charity is both invaluable and very much appreciated. AchÉe¥ernents and perfomiancè Whenever appropriate. the charity requests ESHT to identty major projects that il would like the chaty to con51der as their major objectNe forthefuture period. These projects, having been agreed with the tftJstÈes, ère presented totheAnnuèl General Meetin8. The special projert for 2023124 has been to a5SiSt theTrust by purchase of a gamma c3mera for the better detection, diagnosis arld treatrTrent of canor in the svm of £498.5CKJ.
FRIENDS OF EA5fBOURNE HosprrAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 REPORT OFTHE TRUStEES FOR THE YEAR ENDED 31 AUGU 2024 continued Separate from the above, the charity continues to fund equipThent and support many other areas of the Hospital, including educational bursaries where funding for #aff atthe Hospttal not otheThvise availab through the NHS. The tivstees are pleased to note success of the main fundraing3ctNItses of the ch3rrty durirE the year which include= an art exhibition fashion show a r3ce night qtjiz evenings and supperevenings an autumn fair opeTh gardens events individudlly orgdnized coffee mornity antt events As in prewous years. the chaiity has continued lo benefrt from many indiwdual donations and donatnS in lieu of flowers. a5 well as events organized by bndwiduals and Small £roup5. These are too numerous to set out in detail buL again. are of course very gratefulty received. Le8aae5 have of course a150 fotmed a rn05t welcome and very sEnific3nt Sour of income. In reviewing the results for the year, the trustees are pleased to note a subsLintlal Increase In the level of Shop sales and an improvement in the gross profft percentsge achieved tn the year. Flnanclal revlew For the year ended 31 August 2024. there was a decrease in the levd ol restricted donations but a good inuease in the pro¢eed5 from fundraising artr¥ittes, shop trading and other income. An eXptiOnal?nd substantial amount was received by way of legzcies In the year. resultlng In toial Income from all sour, after dlrect expenses. of £2.258.039 as agalnst a flgure of £786,670 in the previous year. By nature. the amounts 3v3ilable forgrant and the perfoTfftafice of the thartty are largely dependenton the receipt of voluntary fund5 and for this rea50n, objertives cannot be set wrth any accuracy. However. as fvnds became available, significant Srants were trde t)ver and above the major project. Due to a delay in building worl the monies held from our major project13st year have still not been reqtjested by ESHT but are of COUEse ring-fenced and hekl Trffihin the funds ol the charlty. The fvnds relatlng to thi5 yearfs 5pedal project for the gamma carrra also await a request for payment from ESHT. The 8rants made to ESHT in the year totslled C260.951 and further grants of £18.147 were m3de for the stsff and foi equipmerTrt in the Hospitsl. These included significart a55iStance to the radiology and pIratory rnedicine departments of the HospFtal. The trustees are satisfied with the fin8ftcial posltion of the charity atthe end ofthe year. A total of £943,910 is held awaitlnB draw-down by ESHT respert of designated bid5 includin& as mentioned above. the £4(KJ,000 relating to the speoBI project for last year and the £450.000 relatinÉ tts this yearfs 5peoal projecl for the 8amma camera. There are funds available lor future grants of £1,265,410 although the tTU5tee5 consider tt irnportant to note that this fiBure includes substantial legacies where probate has been granted but which will not be consbdered available for gtsnt until the funds are actualty receNed. From the total fvnd5 held attheyear end. rtain amounts a retsined or committed. as follows:_ As not8J below. the tsustees conservatiwely maintain a capltal reseThe 01 £50.0(K) which is not tonsidered available tor granL There is a restrictetl fund of £30,736 held for the benefft of stsff at the Hospital which is made available a5 reouests for grants are considered and 2greed by the trustees. Further restritted fvnds of E90.593 are held for donatson when purchase5 are completed by ESHT.
FRIENDS OF EASfBouRNE HOSPtfAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 continued Future de¥elopments Uerthe circumstances, the trustees arevery satisfd with the results fortheyear and are confident that the objectives of the charity will continueto be met in the future. There are no material uncertainties about the charyty's abiltyto continue. Whilst proceedlng towards financing of major projert5 for the forthcomirE year. tt is anticipated that other grants will continue to be made on a conservatiye basis as funds become available. Invesbnent policy and oblerti$ The charity does noL as a rule, Y[¥e endowment or tapttal tTU5t fvnd5. Since it 15 the poltcy to allocate fvnds as soon as pra¢ti¢2bie. the d)artty not nOm)a1 need to hojdfunds on 3 medium of lon8temi basis. As the Esfrtt management indicate that adequate notice c3n be given before funds are needed. the trustees continue their policy of keeplne the fijnds allocated to the projects untll they are required. Risk manaBement The tru5tee5 have a to identrfy arKI revtew the rsk5 to which the cha¥ity is exposed and to ensure appropriate controls a in place to provide reasonable assurance against fraud and error. Thetrustees regulady review and consider the major ris to which the charity is potentially exposed. A major risk i% one tha¢ if materialtzed. would have a significant adverse impact on the charity's ablliry to function and achieve Its aims and objecuves. They are not averse to taking reasonable dsks as pan of their strategy to achieve the charity's objectives. Grant funds are not allocated 4ntil funds have been reeewe(l or tan conservalivety be anticipated and the tsu5tee5 considerthat the charity s thelOre protected from significantfinanial risk. The trustees expett all staff and volunteers. when enB2&ng in anyactivity.to considerthe risks it Pose5 and to art in accordance with any recommendations made for risk managemenL The trustÈes expÈtt that thè stsff and vc4unteers shall rtot ege in addrtional types ot attNity on behalf of the charity, for example new forms of fundraistng or Service provision. wtthout informing them. In ary such case, a proposal - including an analysis of the possible risks posed to the charTty- 15 to be presenteil to thetfustees for prior approval. Reserves poliry The reserves policy of the charity is to maintain a fvnd that Is needed ¢0 support replacement items and maintenance In the shops and ofFices. It is the trustees. 1c¥ to utilize all other available funds as soon as practicable in line wth the idontified needs of the H05Pital. It is also the policy that all such reqLsts are submitted to the trustee5 for consideration only after they have been agreed as necessary by the Eslffjsenior man3gement. Bearing ITr mind the low level of risk faced by the chatity. the tru5tee5 consTder that it is reasonable for the chartty to retain £50,000 in reserve. This arnourlt is to cover a proportion ol annual general expenses and any shorttall in funds for the charlty's main project or other cornmitments due to a fall in bequests or fundraising. The figu is based on ihe charity's year commitments to purchasing equipment and the main proieds. a5 well as 5a13ry Costs. insurance and offiie costs. Structure. governance and management The charity was established in 1953. haviftg previousty been known asThe Ea5tbourne H05Pitals Patients, A550ClatioTr estsblshed in 1948, and Ès affiliated to AThEND. The charlry iscontrolled by itsgoverningdocumenL a deed oftru5t, and 15 an unincorporated charity. New trustees may be co-opted during the year, with their appoinent ratthed by the membership at the following Annual General Meetin& and tTiennially thereafter. All necessary familiarization procedures are frjllowed for new trustees. The president. chairman and vice chairmar are subject to appointment 2nd re2ppointsnent by the membership in accordance with the trust deed. ITh addition. nominatstin5for811 positions are invited from the membership prior to each Annval General Meeting. The trustees form the Exeojtive Committee whFch makes all policy decis¥ons and oversees the actry¥ts of the charity. Sub- comrnittees are created on an ad hoc basis and are led by trustees who k>ort back to the regular meeting of the Executive Committee. The Executive Committee is ioine(I regularty by a senior rnember of the EsTrrr main board.
FRIENDS OF EASTBOURNE HOSPThAL FINANCIAL ¥fATEMEiifs FOR THE YEAR ENDED 31 AUGusf 2024 REPORT OF THE TRUSTEES FOR ThE YEAR ENDED 31 AUGUST 2024 continued Key management p@rsonnol romun¢ratic The trustees consider the board of trustees. the treasurer and the shop 3ftd Dffire Tnanager5 a5 comprisirE the key Tnanagement personnel of the charity in charge of directing and controlling the chanty and running and operating the charity on a day-to-day b3sis. All trth5tees give of their time free and no trustee remufteralion was patd in the year_ Arrangements for setting t remuneratton of other key mana8ernent personnel ore rnode by the trLeeS on a nornial commerdal bas15. Trustees. respon5ibFlities in relation to the fin•nrtal staten*nts The chèrlWs trusrees are p0$[ble for preparing a trustees. arfftval report and financial ststements in cldance wtth pplicable law and United ngdoM Accounting Stsndards (United KÈnBdom Generally Accepted Accounting Practieel. The law applicable to charities in England and Wales quireS the tharity trustees to pare financial statements for ez¢h year whieh give a irue and fair wew of the stste of affairs of ihe charity 2nd Df the incoming resources and application of resources of the charEty for that period. In preparing the financial statements. the trustees are required to.. seleci suiiable accounting polities and then apply them c0n515tEnt,. observe the methods and principle5 in the applicable Charities SORP: make Judgements and estimales that are re3son3ble and prudent- state whether 3pplicable accounting stsndards haye been followed. subject to any material departures that must be disclosed and explained in the finanoal statements; prepare the firanoal ststements on the goin8 concem bas unle55 it is inappropriate to presume that the Charity will continue in business. The trustees are respr)nsible for keeping proper accounting records that dis£lose with iea50Trable accuracy at 3ny time the fin3naal p051tion of the charity and to enable them to ensure that the finanaal statements comFly wth the Charlties Act 2011, the applicable Charitkes IAccouAts and Reports) R2gulations, and the provi5M)ns of the Irust deed. They are also responslble for 53legu3rding the assets of the charity 3nd trking reasonable steps for the prevention and detection of fraud and othèr irregularities. The trustees are respon5iblefor the Maintenan and integrity of the charity and financial informatson included on the charity's webstte in 2ccord3nce with legislation in the Untted Kingdom EovernirE the preporation and dissemination of fin2n¢ial staternents. Approved bythe ttystees on 18 November 2024 and si8ned orttheir behatF by- DrA J Walmsley- Chairman 18 November 2024
FRIENDS OF EASTBOURNE HOSPITAL FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 INDEPENDENT AUDITOR'S REPORTTO THE TRUSTEES OF FRIENDS OF EASTBOURNE HOSPITAL Opinion We have audrted the finanaal straternents of Friends of Eastbourne Hospitsl Ithe'chartty'l for the year ended 31 August 2024 which comprise the statement of financial activities. the statement of fEnancial position and notes to the finaniial Statements, including signtficant accounting policie5. The financial reporting frameworkthat been applie<l in their preparation is applicable law and United Kingdom AccotsntirtE Standards. includÈng Firtancial Reporknng Standard 102 The Financial Reportin8 Standard applicable in the UK and RepublK ol Ireland {United Kingdorn Generally Accepted Accounting Przcricel. In ouropinion. the financial statements- give a true and fair view of the state of the ChaTTVs alfair5 as at 31 August 2024 and of its incomin8 resources and application of re50UTces, for Ihe year then ended: have been propedy prepared in accordance wtth United Kingdom General Accepted ALrounting Practice.. and h3ve been prepared in accordan with the requirements of the Charities Act 2011. Basis for opinlon We condurted 0r audlt In accordance with Internatlonal Standarth on Audlting IUKI IISAS IUKII and applicable law. Our rèsponsibilities under those standards are fvrther described in the Auditors respon%i7)ilitiesfvr the uuditof thefinJnciol rtatements section of our Teport. We are independent of the Charity in accordan with the ethical requirements that are relevant to our audit of the financi31 statements in the UK. including the FRCS Ethic31 Standard, and the provisions available for Small entttie5. in the circumstances set out in note to the financial statements, and we hBve fulfilled our other ethical respornsibilities in accts1dan wtth these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate provide a basis lor our optnion. Conclusions relating to going COnM In auditing the finincial Statements. we have concluded that theTrustees' use of the going concem bas15 of accounting in the preparation of the financial statements is appropriatr. Based on the work we have performed. we have not identified any matrrial unortaintie5 relating to events or conditions that, individually or collectively. may st sigpificant doubi on the Chariivs ability to contirnue as a going concern for a period of at least twelve months from when the financial $teMents are authorised for issue. Qur responsibilities and the rèsponsibilities of the Trustee5 with respect to 80ir6 concern are described in the relevant serti¢n5 of this report. other information The other information thfflprises the infomiat]"on indvded in the annual report other than the finanoal statements and our auditor's report ihereon_ TheTrustees are responsible for the other information contained withln the annual report. Our opinion on the finanual statements does not cover the gther information and we do not expres5 any form of assurance conclusion thereon. Our respon5ibifity is to read the oiher information and. in doing so, consider whether the otheT information is materially inconsistent with the financi<l Statements or our knowledge obtsined in the course of the audit, or otherwise appears to be materially misstated. If we ident-tfy Such material inconsistenoes ctr apparent material misstatetnents. we are required to detemiine whetherthi% Éives rise to a material misstatement in the financial statements th&mselves. If, based on the work we have performed. we conclLtde that there is a material mÈsstatÈment of this other infom*ion. we are required to report that facc We have rlothing to pOrt in this regard.
FRIENDS OF EASTBOURNE HOS14TAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 INDepENDENT AU rroR'S REPORT TO THE TrusfEES OF FRIENDS OF EASTBOLIRNE HOSPITAI Continued Mattors on which we aro roquirod to rePt lry excoption: We have nothing to report in ¥espect of the followng matters in relation to which the chariti (Accounts and Reports) Regulations 2008 require us to report to you if. in our opinion: the trnlormation given in the financial statements is inconssteftt in any material respect with the Trustees, report,. Dr sufficient accounting records have not been kept- or the finanual ststements are not in agreement wtth the accountyng ords. or we have not reived all the infomation and eyplanaiions we require for our audit. Responsibilities of Trustees As explained morefulty in the statement of Trustees, pOnSibl71t1es. the Trustees are sPonsIble for the preparation of the financial statements and for being saDsfied that they give a true and fairview. and for such intemal control as theTru5tees determine 15 nece553ry to enablethe preparation of financial 5tatemeEEts that arefreefrom material misstatement. whether due to fraud or error. In preparing the financial stètements. theTrustees ale rponsIblefOr assessing the Ch3riVs ability to contlnue a going COnrn. disclosing as applkable, matters related to going conrn and uslngthe golng cortttm basls ot accountiog unless the Trustees either iniend to eease opeiaiions or have 00 reali%tic alternotwe but to do $0. Auditor'5 resPQn5ibil¥ties for the audit of the financial statsments We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan with the Act and relevant regulations rTTade or hawng effect thereunder. Our objectives are to obtain reasonable as5vrance about whether the financial Statements as a whole are free from material missratement. whether due fraud or error. and to issue an auditor's report ihat includes our opinion. Reasonable Bssurance is a high level of assurance is not a guarantee that an audit conducted in accordance with ISAS IUKI w51 alway5 detect a material rnisststement when it exists. Misstatements can arisp from fraud or error and Are Consider material rf. individually or in the aggregate. they could reasonably be expectefl to influertce the economic decisions of user5 taken on the basis of these financial ststemeRts. The extent to whl¢h the audlt was consldered Capab of detÈclSnB IrreBularltle5 Indudlry fraud Our appioach to identifyin8 and assesslng the risks of material misstatement In respect of irregularlties. including fraud and non-compliance with laws and regulations, was as follows-. the engagement partner ensured that the eagement team collectively had the appropriBte c0Thpeten, capabilities and sknlls to identify or reCogne n0n-uMnplian with applicable lèw$ and regulatlons- we identffied the laws and regulations applicable to the Charity through di5$10n$ with Trustees. and from our commerctal knOedge and experience of the charity sector: we focused on specrfic laws and regulations WCh we COaered may have a dirert material effect on the ffinant131 5talements or ihe operations of the Charity 5uth &5 the Ckarities Act 2011, the Trustees Act 1925 and Trustees Att 2000, and Charity Taxation. we a5se55ed the extent of compliance Vth the laws and regul?tions identified 3bove thrgugh mzking enquiries of management and snsperting e?1 Corresponden.. and identified law5 and Fegulatior15 weie romfftunicated within the audil feam regularly and the team remained alert to instance5 of non-compliance throughout the audtt. We assessed the susceptibilty of the Charity's finanaal statements to material misstatement. induding obtainlng an understanding of how fraud might occur. by.. makingenquiries of management a5towheretheyconsidered therewas5U5ceptibility tofraud, their knowled8e of actual, Suspected and alle%ed fraud- and considering the intem31 controls in Pl to miligate risks of fraud and norFcompliance wilh laws Bnd regulations
FRIENDS OF EAsfBOURNE HOSPITAL FINANCIAL STATEMEp¥fs FOR THE YEAR ENDED 31 AUGUST 2024 INDEPENDENT AUDITOWS REPORT TOTHE TRUSTEES OF FRIENDS OF EAsfBOURNE HOSPITAL Continued Audlt reSp0b to rsks identifd To address the risk of fraud through management bias and override cf controls. we-. performed anatytical procedures to identify any unusual or unexpected lationShips- tested journ31 entries to identify unusual transactFons- assessed whether judgements aTrJ assumptions made in deterMing the aCCQUTrting estimates were indicative of potentÈal bÈ35.' and investigated the Tatsonale behind signlficani or unusual transactnS. In response to the rEsk of irTegularrtie5 and non-complian with laws and re8Ldations, we de&8ned procedure5 which induded, but were not limwted to.. agreeing financial statement disd05ures to underIT Supporting d(Kurnentation- readin8 the minutes of megtirkgs of those charged with governance- enquiring of management as to actual and potential IttÉg3tion aftd daim5; and revlewlng correspondence wrch HMRC and relevant regulators There are tnherent limitstions in our audii prOdureS described above. The more removed that laws and re8ulations are from financial transactions. the less likety Ft is th3t we would become aware of non-complian. Audtting standards also fimit the audit procedures requId to identtfy non-complonce wth laws and regulation5 to erkquiry of the Trustees and other mallagernent and the inspection of regulatory and legal correspondence. if any. Material mi$5tatements that arÉse due to fraud c3n be harder to detect than those that artse from error as they may Involve deliberate toncealment or collusion. A further descriptton of our pOnSIbT1[IieS is available on the. Inancial Reporting Councivs website at.. https'.11 www.frc.org.uk/auditor5te5pon5ibilsties. Thi5 de5CtiptioTr forrn5 Part of our auditor'5 report. Othèr matters The corresponding figures are unaudited. Your attention is drawn to the fact that the Charity has prepared financial 5tatement5 in accordance wlth "Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to charittes preparing their zccounts in accordance wr(h the Financial Reporting Standard applicable in the UK 2nd Republic of Ireland IFRS 1021" las amended) in preference lo the Accounting and Reporting by Charities- Ststement of Recommended Practice issued on l April 21X)5 which 15 referred to in the extant regulations but has now been withdrawn. This ha5 beer done in order for thefinancial statements to provide a true and fair view In accordance with current Generally Accepted Accounting Practice. Caladine Ltd Chartered Certified Accountants Statutory Auditor Cala Ine Limited Chantry Hotjse, 22 Upperton Road Eastbourne, East Sussex. BN21 IBF 19 November 2024 Caladine Ltd 15 elrgible for appointment as audttor of the Charity by virtue of its eliwbilttyfor appointment a5 auditor of company under seclion 1212 of the Companies Art 20CI6.
FRIENDS OF EASTBOURNE HOSPITAL STATEM&4T OF FINANaAL AcnvmES FOR THE YEAR ENDED 31 AUGUST 2024 2024 Total funds 20Z Total funds fvnds nds INCOMING RESOUR Voluntary income Income from Charitsble acbwtie5 and othertradÉng aetivtfÉes Invesrment income Profit on sale ol lixed assets L490.274 77209 L567,483 193,577 668.944 20.112 668.944 20.112 LS00 588,980 4.113 Total income 2,180.830 77,209 2,258.039 786,670 RESOURCES EXPENDED Expendlture on ra151ng funti¥ - voluntary income charitable activities and other trading activities Expenditufe on charitable artivities 3,182 3.182 1,217 478.731 67,697 478,731 336,850 428,576 363,054 261,176 7.977 Total expenditwe 549,610 261,176 7,977 818,763 792,847 NET INCOMEI{EXPENffftJRE) BEFORE TRANSFERS 1.631.220 1261.1761 69,232 1.439.276 16,177 Tranders beiweenfur 1682,6631 679,390 3,273 Net movement in fvnd5 948,557 418.214 72,505 1439,276 16,1771 RECONaL1A0N OF FUNDS Total funds broughtfoThv2rd 366.853 525.696 48.824 941,373 947.550 TOTAL FUNDS CARRIED FORWARD 1.315.410 943,910 £ 121,329 £ 2,3,649 £ 941,373 The notes on pages 12 to 21 form part ofthese lunts. ColNUING OPERAnONS All incoming resources and resources expended arise froTn continuirE atti¥e5.
FRIENDS OF EASTBOURf4E mOSPAL BALANCE SHEEfAT 31 AUGUST 2024 2024 2023 Note FLXED ASSErs Tangible assets 983 2,2CQ CURRENT ASSErs Stocks 13 14.203 688,619 1,695,341 14,227 131,617 810,879 Debtors 14 Cash at bank In hand 2.398.163 956.723 CREDITORS Amounts f3lling due within one year IG 18.497 17.550 NET CUftftENT SET5 2,379.666 939.173 NET ASSETS £ 2.380.649 £ 941,373 FUND5 Unrestricted funds Restricted funds 18 2,259.320 12L329 892.550 48,823 TOTAL FUNDS £ 2,380.649 £ 941,273 The notes on pages 12 to 21 form part of these t<counts. Approved by thètrustees on 18 November 2024 and sEned on thr behalf by: DrAJ Walmsley- Chalrman 18 Nthfember2024
FRIENDS OF EASTBOURNE HOSPITAL srATEMENT OF cSH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 ZOZ4 20Z3 Net cash at bank and in hand provided by operating aclivities Inte$t from investing activities Purchase of tangible fixed assets Disposal of tangible fLKed assets 863.479 20,111 16281 73,127 4,113 11,6921 Change in cash at bank and in hand in the year 884,462 75,548 Cash at bank and in hand brought forward 810,879 735,331 Cash at bank and in hand carried forward £ 1,695,341 £ 810,879 ANALYSIS OF CASH AND CASH E Cash at bank and in hand UIVALEKrs £ 1.695,341 £ 810,879 RECONaLIATION OF MOVEMENT IN FUNDS TO NEf CASH FLOW FROM OPERATING AcnviTIES Net movement in funds Add back.. depCIatIOn charge Deduct= profit on sale of fixed assets Deduct= interest from investing activities Decrease in stocks llncreaselldecaSÈ in dÈbtors Increase in credrcors 1,439,275 1,845 11,500 120,1111 26 1557,W31 947 16,1771 1,992 14,1131 4,266 75,947 1,212 Net cash at bank and In hand provid by opÈrating attivities E 863,479 £ 73,127
FRIENDS OF EAsfBOURNE HOSPITAL NOTES TO THE FINANCIAL sfATEMETrtrs FOR THE YEAR ENDED 31 AUGUST 2024 I. ACCOUNTING POLlaES Charlty InforniatÉon Friend5 of Ea5tbourne Hospital is a Tegistered charity lthartty number 2205921 governed by its constitution120191 and 15 an unincorpofated charity irt England and Wale5. al Bass of preparation and asse55ment of goln$ concem The accounts have been Prepared under the histori(al co# ¢onvenlion with iterns recognized at cost. The financial reporting framework that has been applied in their preparation is applicablè law and United fingdom Accounting StanLlards. including Finanaal Reportlng Standarrl 102 The Fin(7ncial Reporting 5randGrd applicoble in the UK ortd Republi of Irelondand the finanaal statements have been prepared in accordance with FRS 102 SORP (Statement of Re¢ornrnended Practice for Accounting and ReportinB by Charities) 2015 las ameftded by the Bulletin issued in February 20161 published by the Charity Cornmis5ion in England and WEles. effective January 2019. (The SORPI. and under the historical c05t cornveniion, which framework constitutes the applicable Uniied Kingdom Generally Accepted AccDUftting Prattite. The trust constitute5 a public benefrt entsty as defined by FRS 102. The trustees consider that there are no rnaterial uncertainlies about the charivs ability to continue as a going COnrn. The financial Statements are prepared in sterlin& which is both the presentatlonal and fvnctlonal currency of the charity. Monetary amounts in these finan(ial statements are rounded to the neafe5t L bl Funds structure Restricted funds ar& lunds whith are to be used in accordarKe wtth Specific restriction5 imposed by the donor or trust deed. Unrestrirted income funds comprise those fund5 whith the trustees are free lo usè for any purpose in furtherant of the charitable objects. Unrestiicted fvF5 indude designated funds where the tru5tee5, at theirdisuetion, have created a fund for a specific purpose. cl Income recognttitsn All income is recognized once the thartty has entitlement to the income- it 15 probable that the income will be received, and the amount of income receivable can be measured reliably. Legacie5 are recg8nized on a case by case basisfollowing the grant of probatewhen entltiement beeomes quantifiable and there is certainty of receipt. Where after date receipts provide additional eviden to enable quantification of amounts receivable, adjustment is made. Income in rektion to fundraising events is defeffed BS necessary so that income is recognized in the period in whith the fundraising event will occur. Membershipsub5criptions and donations are accounted for as reiVed bythe charity_ fe memberships are not deferred as the trustees consider ihattheamounts inVoed aretoo small to warrani fom)al discountlnB over the posslble remaining pefiod of a member's lifetime. Attivities for generating funds is made up of fundra1 and shop income. Shop income 15 induded in the accounts net of VAT and trade dCount5. Fundraising is accounted for when money is receivable. d) Expendiiure rec(yition Liabilities are recognized as expenditure assoon as the is 3 leEal or construrtive obligation tornmtttiftgthe ch3rityto that expenditure, it 15 probable Ehat settlement will be reqL¢ired and the amount of the obllgatlon can be measured reliably. All expenditure 15 accounted for on an accruals basis. All expenses. including support costs and governance eosts, are allocBted or apportioned to the applicable expènditure heaoings. Costs Of generating funds prirnarl COnsts of dirert costs in relation to the shop including purchases. repairs and other costs. Other ttems such as Staff costs and adverti%ing which a55iSt the ch3rity the generation of Bdditional income are also included. Charitsble gifts are accounted for in the period in which they are paid. All expenditure directly lated to the objects of the charity i5 treated as direct <haritrble expenditure. All other Costs including the cosis of administraLion are allocated io the variou5 50urce5 of activity approprÈate. Staff costs are allocated betsveen the various aa$ of the tharity's operations based on the level of time the various members of staff allocate to each section of the charity's undertakn"nes. 12
FRIENDS OF EARNE HosprrAL NOTES TO THE FINANaAL STATEMEKrs FOR THE YEAR ENDED 31 AUGUST 2024 I. ACCOUNTING POLICIES (Continuedl el Donated goods. facllltles and ser¥1 The (Jonation ol goods. fatilities and servi$ to the tharity provide an economK resOUrfOr use in furthering its aims and objectives. However, the cost of valuing the small amount of donated go$ for resale Oue18h5 the benefit to Ltsers of the accuunts and ihe Sale value is included wthin Note 3 under shop and trollèy service income. Given the absence of a reliable measurement basis to value the role played by all the voluntèer5 of the charity. the valuè of all their time is not included wthin income. fj Irreco¥wable VAT The chaTity is onty partialty exempt for VAT due to the provision of tayable supplles through shop trading. A5 a result. not 311 input VAT is recoverable by the charity- IrreccNerable VAT Is charged agalnst the expenditure heading for which it was incurred. 81 Allocation of support and governance costs Support costs have been allocated between govemance costs and other sUPPOrt costs. Govemance costs comprise all costs iAvofving the public accountability of the tharity and its Complian with regulation and good practice. These costs include statutory audit fees together an apportionment ot overhead and support costs. hl Tansible fix assets Fixturc5. fitting and equipment are rapttalized and valued at cost. DepreoatlQll 15 provi(led on 8 Straight line b3515 over the estimated useful life as follows.. Fixture5, fittings and equipment- 33% on cost and 2QX on cost il Stocks stocks are valued at the lower of cost an¢J net realtzable value. after making due allowance for obsolete ond slow-movlng Items. j) Taxation The chdrTty 15 exernpt from tsx on tts charttable artivrtie5. kl Penslons The charity has fulfilled all its resporsibilities un(Jer auttrenrolment subsequent to tts Staglng date. l) Finanual instruments The chaTIty only enteis into basic financial in5trvment5 transaction5 that result rn the recognittin of finanual assets and liabilities like trade and other Bccounts rece¢vable and payable, loans from banks and other third partie5. Debt instruments that are payable or receivable within one year. are me35ured, initially and iubsequently, at the undiscounted 3moiJnt ot the cash or other consideration expected to be paid or received: other debt instruments are Inlually measured at present value of the future payments and subsequently at amortized cost using the effectlve interest method. Financial assets that are measured at cost and amortized cost areassessed at the end of each reporting period for objective evidence of impairment. IF objective evidence of impairmenL is found, an impairment loss is recognized in Profit or loss. Flnancial assets and liabilities are offset and the net arnount reported In the bBlance sheet gnly when-there is an enforceable right to set i)ff the recognized amounts End the is an intention to settle on a net basis or to realize the asset and settle the liability simLtltaneously. ml 51gnlficant ludgements and estirnates No significantjud8ements have had to be made by management in preparin8 these financial statements. There were no key assumptions made Conrning the future. or other key sources of estimation uncertainty at the reporting date. that have 3 Significant Ti5k Df causing a material adjustmentto the carrying amounls of assets and liabilities within the llext financial year. 13
FRIENDS OF EASTBOURNE HOSPITAL FINANCIAL ATEmENTs FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL StATEMENT5 FOR THE YEAR ENDED 31 AUGUST 2024 2. VOLUNTARY INCOME 21723 Total lund5 Totsi fimds funds fun(Ls Donations and 8ifts Legacies 29.910 L4,364 10.130 67.079 40.040 1,527.443 75.269 118.308 I,4).274 77.209 1.563,483 193577 3. INCOME FROM CHAR ABLE AcllviTIES AND OTHER TRADING ACTIVITIES 2023 Total funds Unyestricted Restricted fund5 Totsl fimds Fundraising events Shop and trolley seNce income CollecLsn6 tins Advertising in Hospitrlity magaine 43.183 620.424 2,757 2.580 43.183 620.424 2.757 2580 44,850 536.347 4218 3565 668,944 588.980 4. INVESTMENT INCOME 2024 Total fvnits 2fY23 Total funds Unrestricted Restritttd fund5 funds Deposit account and bank interest 20.112 20,112 4,113 5. COSTS OF RAISING FUNDS- vOLUARy INCOME 2023 Total lunds Unrestrirted Restrirted funds Total funds Staff costs Other costs 2.756 426 2.756 426 752 465 3.182 3.182 1217 14
FRIENDS OF EAsfBOURNE HOSPITAL FINANCIAL SfATEMEFS FOR THE YEAR ENDED 31 AUGU 2024 NOTES TO THE FINANUAL STATEMEFffS FOR THEYEAR ENDED 31AUGUST2024 6. C05tS OF RAISING FUTrXIS- CTrLARITABLE AcnvTnES AND (MIER TRADING AcllviTIES 2024 Total funds 2023 Totsl funds Vnre5trirted Restrirted funds funds Staff costs Shop trading expenses Othercosts Deoreciation 40,193 425.355 11.338 1,845 40.193 425,355 11,338 1,845 33.612 378,232 14.740 1.992 478,731 478,731 428576 7. fXPENDrruRE ON CHARITABLE ACTrvmES 2024 2023 Thè advancÈmÈnt of hèalth Grant funding of act[tiEs Other equipmenL amenities and S¥1 support costs (Note 81 260,9SI 18,147 57,752 297.072 14.353 51,629 336,850 363,054 Grdnts were made duringtheyeartt) proviile extra equipmen¢ amentties and semces frlrthe patients and SLzff at the Hospitsl. Grants to ituOnS lating to the advanMent of health comprise- 2024 2023 East Sussex H05Pita15 Trust Restricted Unrestritted 109.696 187.376 260.951 260,951 297.072 8. SUPPORT COSTS 2024 2023 Management- staff costs - office and other costs GovÈmance costs (Note 9) 25.442 17,311 14.999 24.553 16.609 10.467 57,752 51.629 All support Costs were funded from Unrtted funds.
FRIENDS OF EAMOURNE HOSPITAL FINANCIAL ATEMEKfS FOR THE YEAR ENDED 31 AUGusf 2024 NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGU 2024 9. GOVERNANCE C05rs 2023 Accountancy Auditors. l independent examiners's remuneratton Staff costs Costs of meetin8S 6.160 8,306 533 2,475 7.459 533 14,999 10,467 10. AFF COSTS 2023 Wages and salaries Staff pension contributiLM)S 75.624 1.074 65.957 420 76,698 65.377 The average number of full and p3rttime employees during the year wa5 612023- 51. No ernployee received emolurnents in excess of £60.C¥)O. 11. REMUNERATION Af+JD BENEFTfs OFTRUStEES AND KEY mANAGEmETr PERSONNEL There were no tn¥stees' remunerdtion or other oeiefrts forthe years ended 31 August 2024 or 2023. There We no tnstees, expens£s paid lor the Yea ended 31 August 2024 or 2023. Remuneration of key magement personnel was as follow5: 2023 Wages and salaries Staff pension contributions 44.364 263 671 49.351 44,627 16
FRIENDS OF EAsf8OURNE HOSPITAL FINANCIAL sTATEmETrS FOR THE YEAR ENDED 31 AUGusf 2024 NOTES TO THE FINANaAL STATEMEIITS FOR THE YEAR ENDED 31 AUGUST 2024 12. TANGIBLE RXED ASSETS Ftures. fittin and equipment c¢ At I September 2023 Additions Eliminated in respect of sales and redundarf assets 107,611 628 125.7611 At 31 August 2024 82,478 DEPRECIATION At I Septernber 2023 Charge for the year Eliminated in respectof sale5 and redundant655ets 105,411 1,845 125,7611 At 31 Al1gt 2024 81,495 NET BOOKVALUE At 31 August 2024 983 At 31 August 2023 2,200 13. STOCKS 2024 2023 Shop OCk Other stocks 13,596 13.116 I,iii 14,203 14.227 14. DEBTORS.. AMOUNTS FAWNG DUE WJTHIN ONE YEAR 2024 2023 Other debtors and ppaments Legacies receiwdble .251 678.368 5.117 126,500 688,619 131,617 17
FRIENDS OF EASTBOURNE HOSPITAL Fll+lANCSAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 15. COKtINGENfA55Frs The chartty 15 experted to receive ? legary of £LIAXI, being depèndènt upon cOmpl10n of estste accounts and probate. The charity has been notified of a SId3[ legaty Ofappromate1y£I6S.olI (tt0 be quantrfiedl dependent upon the value of the nei estaie lor distribution. The charsty has been notified of three further residual legacies e1vabl? with amounts yet to be quantified. Th&se amounts will be dependent upon completion of the estste accounts and grant of probate. 16. CREDITORS: AMOUKts FAWNG DUE WITHIN ONÉ YEAR 2024 2023 Trade ed[tOrS Social security and other taxes Othèr ¢Teditors and accrvals 2,031 8.505 7.961 7,321 6,782 3.447 18.497 17,550 17. ANALYS OF NET ASSETS BETWEEN FUNDS 2024 Totsl funds 2023 Total funds Unt@stritt funds [)lsnad Restricthd fd$ Fixed assets Current assets Current liabilities 983 1,332,924 118,4971 2,200 956,723 117,5501 943.910 12L329 2?98,163 118,4971 1.315.410 943.910 12L329 2380.649 941.373
FRIENDS OF EASTBOURNE HOSPITAL Fll+lANCIAL ATEmENTs FOR THE YEAR ENDED 31 AUGUST 2024 NOTESTO THE RNANaAL sfATEMEPtrs FOR THE YEAR ENDED 31 AUGusf 2024 18. MOVEMENT IN FUNDS Net ement Transfers in funds beNeen fd5 At 31.8.24. At L9.2 Restrlcted funds Opthalmology fund Cardiologyfund Gamma camera fund Urology fund Other funds 9,349 1.791 67,079 1.737 2.038 76,428 3.528 2,038 5,000 3,599 1.712 3,614 {1,7271 Special equipment funds 12,852 74,468 3,273 90,593 W Beavan bequest 35,972 15,2361 30.736 Totsl restricted fun(ts 48.824 69232 3.273 121,329 Desi nated fvnds Radiology fun Cardiology fund Gamma camera Other designated Equipment funds 161,632 1148.0401 113,5921 50,000 450,000 400,000 450.000 43D 93.480 656 12261 1112.9101 192,982 Total designated fwids 525,696 126L1761 679,390 943.910 Unrestricted fvnds Capitsl reserve Other tharitable funds 50.0 316.853 50.IM)O 1.265.410 L631.220 1682,6631 Total unrestricted fubMIs 892.549 L370.044 13.2731 2.259,320 TOTALFUNDS .1.3 L439.276 2,380,649
FRIENDS OF EA5fBOURNE HOSPITAL FINANCIAL STATEMETrtrs FOR THE YEAR ENDED 31 AUGU 2024 NOTESTOTHE FINANCIAL ATEmENTs FOR THE YEAR ENDED 31 AUGUST 2024 18. MOVEMEfff IN FUNDS {Continuedl Nel movemert infvThls. incIled on the PTeviou5 page. asfolkn:_ Iwimi Resources resourtts expeh)ded Mo¥emènt In funds Desi natedfunds Radiology fund Cardiology fund Gamma camera Other designaied funds Equipmentfund5 1148,0401 1148,0401 12261 1112,9101 12261 1112,9101 Totsl th5Fgnated fvnds 1261.1761 126L1761 Unrestricted *und% Capital reserve Other charitable funds 2.180.830 1549.6101 1,631,220 Totsl reStried fund5 2,180,830 1810.7861 1.370.044 Restrlcted fun(ts Opthalmology fund Cardiol08y fund Gamma camera Other hjnds 67,079 1.737 2,038 6,355 67,079 1,737 2,038 3,614 12.7411 Special equiprnent funds 77.209 12,7411 74,468 W &eawan bequest 15,2361 15,2361 Total restricted fun¢ts 772ti (7.977} 69,232 TOTAL MOVEMENf IN FUND5 2.258.039 1818,7631 1,439.276 20
FRIENDS OF EA5fBOURNE HOSPITAL FINANCIAL STATEMEP¥tS FOR THE YEAR ENDED 31 AUGU 2024 NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 19. DESIGNATED FUNDS The income funds of the charity indude the following desi8nalEd fvnd5 whith hove been Set aside out of unStrItte funds bytheTrustees forspecific purs>)5e5: Radiology dertment fLH)d- These amounts have been set è5ide. having been approved by theTrustees for speaflcequipment and are as yei unspeni awaftlng drawdown by the Trust. Cardiologyfund- Thi5 represents the amount seta5ide bytheTrustee5 in respect of last year'5 rnaj projecL Gamma tamern-This represertrts the amount Set 35ide in respEct of th¥5 yEarfs m3jor projecL Equiprneffl fvnds. fund5 des%nated for expendibJr on speofic equiprnent. awaiting in¥oices from the Trust. 20. RESTRlCtED FUND5 The income funds of the charity include restricted funds comprisir£ the lollowrg unexpended balances of onatlons and grants held on trusttor spedfic purposes= Opthalmob)8Yfur- Arnounts receNed and roi5ed. as yet Un5penL awaiting drawdown by the Trust. Cardiok)gyfund- This represents sundry don¥ityJs retrNed speLifi¢ally for lartyearfs major proiect Gamma c•nera-This Presents sundry donations re1ve speoficalty this yearfs major projecL Urology fund - This represents monies received SP&ficallY for equipment within the urology department 3nd awoiting w1ce from the Trust as to the equiprneTrt to be donatal.. OthÈr spètial èquipment furb- Funds receNed by the tharity that are re5tritted by donors for the purchase of speufic equiptnentforthe Tru5L patients or staff atthe H05p¥IAL W Be?¥an beqyest- a legacy specifically left to be expended fw the benefft of staff *the Hcspitsl. 21. REiATED PARTY TRANSACTIONS ANDTRUSTEES. VAPENSES AND REMUNERATION There were no related paty transattions in the year or in the previous year. The trustees all give freely of their time and expertise Witho any form of rerr.uneration or other benefttin cash or kind. The thariws 8eneral insurance policy includes trustee indernnity cover. 22. ULTIMATE CONTROLUNG PARTY The charity was under the control of the Exeojtive Comnittee. as detsiled in the Report of the Tnjstees, throughout the year. 21