Charty registratlon number 228536
THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
CONTENTS
Page
Trustees report
Independent examlnerfs report
S181em6nt of ffin8ncl81 acttvilies
Balance sh￿t
Notes lo the financial stalemgnts

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr8 Y Bannister
MSSS S Driscoll
Mrs P Graing8r
Mrs. M A Herbert
MrsSJLee
Mr P J Picken QPM Ichairmanl
Mr M J Shellle (Vlce Chaimanl
Mr G Wh88lar
Mrc S Joyce
Mrs M Steadman
MrsJMCox
Mrs P Kelly (Treagurer)
Mrs C Titl8y
Mrs N Worton
Mr S Middleton
Charlty number
226538
Prlnclpal address
Kldderminsl&r Hospltsl
Bewdley Road
Kidderrninsler
Worcestershlre
United Klngdom
DY116RJ
Indepondent oxamln•r
A2el$
Sl. Davlds Court
Union Slroel
WolveThamplon
Wesl Mldlands
United KSn9dom
WV13JE
Bankers
CAF Bank Ltd
PO Box 289
Kings HS11
West MBlling
Kent
Unlted Klngdom
ME18 4TA
Sollcltors
mfg Solieiltsrs LLP
Adam Hous8
Birrnlnghèm Road
Klddemilnst&r
Worc¢sltrrshiro
Unitèd Kingdom
DY10 2SH

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
LEGALAND ADMINISTRATIVE INFORMATION
Investment advisors
Brewin Dolphin
9 Colmore Row
irmingham
B3 2BJ
United Kingdom

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
TRUSTEES REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The Iru8le88 present their annual report and financial statements for the year ended 30 September 2023.
The financial statem8nts have been prepared in accordance with the ac￿￿nting pol¢¢ies set out In nola I to the
financial slalement8 and comply with the charity's cons￿l￿t50n dated 27 March 1963 {r&draftod 2 December
19861, the Charities Act 2011 and "Accounling and ReporUn9 by Charltles.. Slalemenl of Recommended Practice
applicable to charittes preparing their accounts in accordance with the Financial Reporting Stsndard applicablo In
tho UK and Republlc of Ireland IFRS 1021" lelfective 1 January 20191.
ObJectSves and actlvltles
The main purpose of the L6ague is to relieve palienls and formèr p8liènts of th8 Kldderminsler Ho8pilals and
other invalids in the community who Arè sick. convalè$¢ènt, dl$abl8d, handicapp8d, infimi or in need ol finan¢lal
asslst8nce 8nd gonerally lo support charltable work of the said Kidderminster Hospitslg.
Tho Twst86s have rèferrèd io thè guldance Issuèd by the Charity Commls8ion on publlc benefll whgn rovlewSng
the aims and tsbjecllves of the charity and in planning futur8 8clivilies.
Achievernents and perforniance
This yoar started In October 2022 wllh thè Issuès and challenges caused by Covld balng 88sèd but thè legacy
meant that there were many challenges to bfy mel. As the reslrfcllons from Covid werè eased then there was th8
opp¢rtunlty to re-&xamlne pracllcos and many In Iho communlly had their lives changed $0 much that il was not
asy lo slmply relum lo how Ilfe was before the pandemlc.
Our volunteers were. of ¢our8e, older. Sadly 8 number had passed aw8y an¢J others. h#vlng had a break. dld not
feel abl8 to relum.
Th¢ Aculo Trust to¢k the opportunity to re-¥x8mlne Volunteer practlces and whereas we werg able to open tho
Coffee Shop with restrlcted number8, Volunteers In th8 maln Hospital and Dgpartments took longer lo be able lo
rgsume.
Wllh no Charlty Shop, the Coffee Shop has been our maln sourco of activlty and Inoomg. Thgfo were
challenglng ilmes to overcom8 ihe chang&s caused by th8 Covid p8nderniB bul slowly the hard work of
Volunteers and ourAdmSnlslralor, Naialie, Saw the busine35 pick up. This was welcomed by Staff and Pationts.
Thè Second-hand Book5 sland wa5 r8-Intmduc8d gnd 5$ working quite wo11.
The Volunteers in the Hospital and DepariTrienls waro gradually re.Inlroduced 8nd the Hospilal 8taff are greatly
appreclalive of the the roles they undertake.
Our AGM for the year enijing Seplernber 2022 was held on 20th September 2023. Ther8 wèrè no nèw Tru31ee3
during th8 Y8ar but Colln and Dorothy D8rby r@s5gn￿ In Novembèr 22 and Jan Hod3on resigned in December
22, all had given many years of Invaluable Service.
We are grateful that our Treasurer, Pal Kelly has ¢onlin¥Jed lo keep a light reign on our finances. We bell&vg We
ar& abl& lo look forward with optimism that our Charity is w811 ablè to contlnu8 In the futur8.
This year was ¢hallenging for ourAdminislralor, Natalie Mason. There were so many new challenges for her to
overcome but her enthusiasm and dedication ensured we had a successful yèar 8nd èndéd w@11 placed for th8
new year.
The Kidd8rmin5ter Hospital continues to providè a valuable contribution 8nd sèNic8 to thè ID¢al commun5ty and
there are plans for ¢ert8ln D8Partments lo develop lo provide even more Services so there is a continued need
for our charity to provide financial support.
We would like lo thank our professlonal advisors
MFG Ilp- solicitors, Azets
Brewin Dolphin- Investment Advisors, for their seNices.
Chartered Accountants and
We also acknowledge the help and advice offe￿￿ throughout the year by hospital staff.

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Flnanel•l review
Coffeg Shop sales have Increased compared io th6 prior year due lo there b¢lng no COVID related issues In the
year ending 30 September 2023. Total in¢oma from the Coffee shop was £79,131 for the year.
Legacles and donatlorbs tolalllng £285.529 w8rè received, with an addlllonal £1.180 ralsed from online and book
sales.
We were abl& to conslder applications from the various departmenlg of Ihe Hosp6ts1 and purchase much-naÈd8d
Itsms, and In accordance with our CharityAims.
DurlnG th8 year we recelved 1fj requests for equipment and servlces and were abl8 to make donaiion5 wilh th
value In excess of £47,000.
We would Ilke lo thank our adminislralor. Natalle Mason for her continued hBrd work in ¢oordlnallng all offic8 and
volunteer requirements as well as supportlng Ouf VariOUS commilt80s. Th8nks 8180 goes lo our Chalrman, Peter
Plcken, for his unw8vgrlng support to the varlous commSttees over thè last 12 months.
R•sgrv•s Pollcy
Thls year, the Committee has con15nued Ils reseNes pollcy, whereby a substsnllal portton of the funds 1$ rel8inèd
and suitably invested. The9& Investments now produce a monlhly income Stream lo support our charlty glvlng In
to hospital. Furthgr rose￿03 are now Invested wilh the Ch8rfty Ald Foundation to 9Sv$ us a Competitive intorasl
r8le. and lo add flexlbility In our dally banking neads.
Investmant P¢ll¢y
The Invèslmenl portrollo ¢onllnu&s lo provlde a rellable sourcè ol Incom8 each month. with our Teserv&8 slandlng
al £634.414. The portlollo has generated an annual Income of £24,902 lan esllmoled annual yiold o15.83Q/o )-
The portfollo continues to be managed on 8 tow lo moderate basis, wSth 8 b188 towards providing an Income
return, in1Sne with our long-lorm Snvostmenl 81ralegy. A copy of our full Investment Policy cgn be obtsSned from
the Laagu8 of Friands office. The Finance commlltee wlll review thg pollcy with the Inveslm8nl manager on a
Qu8rterly ba818.
The Trustees hava assessed Iho major rlsks lo which the charltyls expos¥d, and are Ba113fled Ihal sy81oms arè
In place to mitigat8 exposuro to the major risks.
Plans for the futurn
Tha Truslg9s ￿11 ¢onlinue to review all aspects of the charity finances. GO that Ihe objectives of Ihe charfty can
b8 malntalned.
With the continued uncertalnty surroundlng the NHS thè Truslogs will remain mindful of the posslblo long-term
effacl on local heallh¢are.
During the forthcorning year the League will endeavour to enlist th¥ $ervTce3 of more volunleeTS lo asslsl with our
various projects.
Stwcture. governance ond management
The League was establish&d by ils Constitution dated 27 March 1963 which was redrafted on 2 December 1986.
Thè Trustees who seN8d during the year and up to the dale of Signature of the finan¢ial $tsternenls were:
MTS Y Bannlster
Mr C DarbyACMA
Mrs D Darby
Miss S Driscoll
Mrs P Grainger
Mrs. MA Herbert
Mrs J E Hodgson
MrsSJLee
IRÈsigned 24 November 20221
(Resigned 24 November 20221
IResSgned 14 December 2022)

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Mr P J Plcken QPM {Chairmanl
Mr M J Shelli8 (Vice Chairrnanl
Dr R Taylor FRCP MBE (Presidenll
Mr G Wheeler
Mr C S Joyce
Mrs M Steadman
MrsJMCox
Mrs P Kelly ITr8asurerl
Mrs C Tilley
Mrs N Worton
Mr S Mlddleton
IDe¢eased 26 June 20241
New commlttee mernbers11.e. Trusleasl ara people wilh either medicol qUBlifications, or wllh a very strong Ioc81
b8ckground. All are elected al ourAnnual General Meoling, bul occ8sionally seNe on a co-opted basis
beforehand.
All Trustees ar8 provlded wllh the followSng:
Hlslory gnd ba¢kground Infom)allon
A copy of tho conslilulion
A copy of tha previous y&arf$ 9¢￿Un￿ and report
A copy Qf the18$1 Boarcl minute8
The admlnl8lrallon of the L8agu818 normally carrfed out by a management commlttee governed by lis trbl8¢tlves
and rules, meeting rnonthly lo be updated wllh affalrs, and lo dSscu88, ex8mlne and declde upon requests lor
support from hospital units.
During this perlod, Iruslees have been consulled on key Issuos by the ch81m￿n when Appropriate and have
boan givan opportunltlas to havo on Snptjl into irnportanl deci81ons.
Post BAlan￿ Shoot E￿ntS
Impll¢atl¢n$ of COVID.19 control measureB and charlty flnanclal r•portlng
The activ1￿e$ of the charlty were severely affected during the Covid era. The activities were changed
wllh the loss of the Charity Shop bul with the reinlroducilon of the Coffèè Shop 8nd Its financial support
for the Charity, the future of the Charlly Is well placed to contSnue.
Our Investment Portfolio continue5 to pTov(de a heallhy income &Bch month. 8nd thè latesl update from
8rewln Dolphln. our Inve$lmentAdvSsors Show that an eslimaled gross income yield of 5.83Qh.
We remain lo function as a Charity and we do not have any concerns as to the futur8 su$l8lnabllity or
viablllty as a going concern and onoe all Ihe current reslri¢llons are Ilfted and we are able to resume
tradlng.
Impllcatlons of the Ukralne Invaslon on our Charlty
The Trustees lake advice from Brewin Oolphln. Our Investment advlsors and ensure our Inveslrnent
Portfolio is in accordance wilh our pollGy. We recognlse that In the cU￿ent situation there Is a an
increaso in uncertainty and the risk increased. Due to the broad spread of investments we ar8 not
likely lo be disadvantaged greatly. History has shown that equlties havè bèèn raslliént during periods
¢Jf ¢risis in the past ond we ¢onlinue lo lakp advice from our Independent Financial Advisors.

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The TTuslees rèport was approved by th& Board ofTNslees.
Mr P J Plcken QPM IChalrnian}
Trustèe
Da18d.' 31 July 2024

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER
HOSPITALS
I report lo the truslees on my examlnatlon of the financial slatem8nts of Thè Le8gtJ8 of Friend8 of the
Kidderminsler Hospitals Ilhe charity) for the year ended 30 sep1am￿r 2023.
Re5ppnslbllltles and basls of report
As thè tru$teo$ of the charity you are responsible for the prepafation of the financial statements In accordance
wllh the requirements of the Chariltes Act 2011 Ilhe 2011 Acll.
I report in respect of my examination of the charlly's flnan¢6al slatsm8nts carried out under Section 145 of th8
2011 Act. In carying oul my examinatlon I have followed all the applicable Direcllon$ glven by ihe Charity
Commission undgr section 14515}Ibl of the 2011 Act.
Ind•pènd•nt •x#mlnèr's $taternent
Slnco the charlty's gross income èxc8èded £250,000 your 8xamln8r musl bg a member of a body 1Ssled In
secllon 145 of the 2011 Act. I confirm that l am qualified lo undèrt8kè tha examination because l am a member
of Instllule of Chartered Accountants in England & Woles, which is one of the listed bodies.
I have completed my exominalion. I conflm that no mètt8r9 h8ve come to my attentlon in connecllon with the
gxamlnallon glving me cause lo belSèvè Ihal in any material respect..
a¢¢ounllng records were not kept In respect ol the charity as requlr(>d by seotlon 130 of th& 2011 Act,. or
the iln8nclal st8lemen18 do not accord wllh those records: OT
the financial 8tatements do not comply wllh Ihe applicablg requlrgmenls concernlng th& form 8nd conlenl
of accounts sel out In the Charitles {Accounls and Reports) Regulallons 2008 other than any requirement
that the occounls givg a Irue and falr vlew whlch is not a martel considered as part of an Ind&pènd8nl
ex8rnln81ion.
I have no conrAgms 8nd hav8 coma &cr088 no olhar m&ttets In cgnneGllon wlih the examlnatlon lo whlch
all8nlion should be drawn in this report In order lo enable a proper undgrslandlng of thè financial 5talemenls lo
be reoched.
Jane Swann BAIHonsl BFP FCA
Azets
St. Davld8 Court
Union Street
Wolverhampton
Wesl Midlands
WV13JE
United Kingdom
Dated- 31 July 2024

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Unrestrlctèd R•strfct•d
funds
funds
2023
2023
Total
Unrestrlct8d Re$tri¢t•d
nds
fund
2022
2022
Total
2023
2022
Not•s
Income from:
Donglion5 and
legacios
Olhgr Iradlng
284.529
1.000
285,529
13,489
13,489
Coff88 shop
Book sales
Onlinè s81¢8
Investments
79.131
1.086
94
28,718
79.131
1.086
10,057
162
362
20,987
10,057
162
362
20,987
28,718
Total Income
393,558
1,000
394,558
45,057
45,067
Ex
Raising funds
fj.491
6,491
6,979
6,979
Other Iradlng
expendllure
Coff¢g shop
Equlpmenl grants
95.783
44,882
95.783
47,623
37,810
5,763
37,810
8,676
2,741
2,913
Totsl ¢h*r51ablo
expendltur•
140,665
2,741
143,406
43,573
2,913
46.486
Total expendlturo
147,156
2,741
149,897
50,552
2,913
53,48s
Net galnslllossasl on
Inveslm8nls
12
4.930
4,930
(65,3271
165,3271
Not movom•nt In funds
251,332
11,741)
249.591
170,822)
{2.9131
{73,7351
Fund balan¢es al 1 October
2022
721.911
26.320
748,231
792,733
29.233
821,968
Fund balances at 30
September 2023
973,243
24.579
997,822
721,911
26,320
748.231
Th8 81atement of finandal acllvllles includes all gaEns and1038e8 recognised In th8 year.
All Income and expendSlure derlvè from conlinuSng activities.

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
BALANCE SHEET
AS A T 30 SEPTEMBER 2023
2023
2022
Notas
Fixed assets
Tangible #ssels
Investments
14
15
986
634,414
1,284
645,145
635.4QO
646.429
Curr•nt as8ets
Sl¢)cks
Debtors
Cash al bank and In hand
16
17
2,469
3.843
367,341
2,584
2.211
103,674
373,653
108,469
Credltors,, amount$ falllng due wlthln
on• year
18
111,2311
16,6671
Nel current assets
362.422
101,802
Total assets less current Ilabllltl¢$
997,822
748,231
Income funds
Reslriclèd funds
24,579
26,320
085ignaled funds
Gentr81 unreslricted funds
20
183,611
789,632
105.845
616.086
973.243
721,911
997.822
748,231
The flnancl I st8
enls were approved by the Truslegs on 31 July 2024
Mr P J Plckert QPM ICh8lrm8nl
Trustge
Mrs P Kelly (Treasurer}
Trust88

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accountlng policies
Charlty Information
The League of Friends of the Kiddemiinsler HospSlals Is a charity èstablished by its constitution d818d 27th
March 1963 which was redralled (Jn 2nd Decemb8r 1986.
1.1 Accountlng conventlon
The financial statements hav8 bèen pr8pared In accordance with the charlV$ lgovemlng documenll, the
Charities Act 2011. FRS 102 'Thè Financial Reporting Standard appllGabl8 In the UK and Republic of Ireland"
{'FRS 1021 and the Charitie3 SORP 'AccounlSng and Reporting by Charities.. Statement of Recommended
Pracllce appllcable lo charities preparing thelr a¢¢ounts in accordance wlth the Financlal Reportlng Standard
applScable In the UK and Republlc of Ireland IFRS 1021" laffeeuvg 1 J8nuary 2019). The charlty is a Publlc
Benofil Entity as deflned by FRS 102.
The charlty has taken advantsge of the provisions In th8 SORP for chatllles not to prepare a Statement of
Cosh Flows.
Tho flnanclal slatomenls hav8 departéd from Iha Charltlès (A¢¢ounts and Reports) Regulations 2008 only lo
Ihtr exlenl requlred lo provlde a tru• and falr view. This dèparture has Invo￿ed follcswlng the Slalemenl of
Recommended Pracuce for charllies applying FRS 102 rather Ihan tho veislon of the Slalem&nl of
Recommended Pracllc8 whSch Is refèrred lo in thè R8gu18Uon$ bul whlch has slnce been wlthdrawn.
Th& finoncl81 st8l&m$nt8 are prepared In slgrllng. whlch Is Iho luncilonal currency ol the charlty. Monetary
amount8 In these flnanclal statements are rounded lo the nearest £.
Thg fin8n¢lal statements have b88n prepared under th& hl8torfcal cost conv&ntton, modlfled lo Include Certain
fln8nclal InBITumenls al fair voluo. The prlnclpal 8ccounllng pollcl&s adoptgd afg $el out below.
The charlty Is a wbllc beneffit onllty.
1.2 Golng ¢on¢tm
At the tlme of approving the flnanclal s18lem8nl8, the Iruslees hèv• a raasonablo $XP¢¢talion that the chgrSly
has adequat8 rasourc8$ lo continue in operational exlslencg for Ihe forestteable future. Thu& the Iruslees
continue to adopt the going concem basls of accounting in p￿parIng the flnancial statements.
1.3 Charltable funds
Unreslricled funds are avallabl? for use 8t the discretion of tho trustees In lurtherarTh of their charftable
obl&cilves.
De8ignaled fund8 cofflprf5e fvnds whlch have been set aside al thg discr&tlon of the Iru8tees for sp8dfic
purposes. The purposes and use8 of the designated funds oro set out in the notes lo the finan¢lal statements.
Reslrfcted funds are subject to specrfic Conditions by donors as to how thay may be uséd. The purposas and
use8 of Ihe restricted funds aro 881 out in the notes to the flnan¢l81 stslemenls.
1.4 Incomè
Income is re￿gnISed when the charity Is le9ally enliued lo il after any performance condltitsns have been mel,
thè amounts can be measured reliably, and it IS Probable that Incomè will bè rèceived.
For donallons to be r¢¢ggnised the charlty will have bèen not￿ed of the amounts and the settlement dale in
wrlling. If Ihore are condillons attached lo the donation and this requires a level of perfomiance before
entiuement can be obtained then income is deferred until those Conditions are fvlly mel or the fvlllment of
ihose conditions its within the control of the ch￿ty and it is probable that they will be fulfilled.

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accountlng pollcles
IcontSnuedl
For legacies, entltlemenl 1$ the earlier of Ihe chaiily balng nollflod of an impending distribution or the legacy
belng received. Al this polnt Income Is ￿ognIsed. On occasion legaciès wll be nO￿fied lo the charity
however It Is not p055ible lo measure the amount expected lo bè distributed. On these occasions, the lega¢y
Is treated as a contingent asset and dlsclosed.
Donated fa¢ilili6s are Included In th8 accounts al a notional figure where the trustees are able lo eslimalè the
valu8 of thè facilllles received.
Government grants are recognlsed when the chadly is legally enlilled toll after any performance ¢ondlllon8
hav8 bèen met, the affl)unts Can be measured reliably. and11 is probable that income wlll be recelv6d.
Taklngs from the coffee shop and refreshment trolley are recognlsed as Income when received.
Investment Sncom8 Is 8arned through holding 8S$8ts for Investment purposes such as shares and cash. 11
Includes dlvldends and Inleretsl. Wher8 il 15 not practicable lo identify investment managernenl cost8 incurred
wllhin a scheme with reasonab18 accuracy the inveslmgnl In¢ome1s reported nel of these costs. 11 Ss inclu(1gd
whon th8 amount can be méasured reliably. Interest and dlvidond Income Is recognlsed as thg charlly's right
lo receive paym8nl is estsblished.
No amount Is In¢ludod In the financlal slalemenls for volunteer tlme In lino with tha SORP. Furthor datall Is
given in the Trustèès, Annual Rgport.
1.5 Expendltu
All expenditure Ss accounted for on on owruals ba$18 and has been classlfied undèr headings that aggr8gat•
all costs relaled to the category. Expendllure is ￿cOgnised where there Is a legal or constructive obligation lo
payments lo third parties, it is probable that the settlement will be required and tho amount of the
obligation can be measured rellably.
Cost of raising funds includès thè Inve8lmenl managernenl costs.
Other Iradlng expendllure includes costs of trading for fundraiBlng purposes Including the charitys coffee bar
and refreshment trolley.
Expendibjro on charitgble actlvitles comprlse those c08t8 Incurred by the Charity in the delivery ol actlvltles
8nd $ervico8 for its beneficiaries. 11 includes both grants payable and those Gosls of an Indlre¢l nature
nec&8sary lo support them, togelher with the govgmgn¢¢ o)st$.
Support costs are those that assist the work of Ihe charfty bul do not direclly represent charitable activities
and includ9 officg costs, govemance costs, adminlstralive payroll c051s. They ar& incuTred dirèctly in 8UPPOrt
of expendblure on the objects of the charfly. Whem support costs cannot be dlrèctly attributed lo particular
headlngs they have boen allocated to cost of ralslng funds and expenditu￿ on ¢harilable activiti85 on 8 bB$Is
on8islenl with use of tho resources. Overheads have been allocated evenly across all actlvitles.
Irrecoverable VAT Is charged as an ?xp•ns8 8g81nst thè activity for which oxpendilure arose.
Grants Payable lo third parties are within the charitable objectives. Where uncondttional grants 8re offered,
Ihase are accrued as soon as thè recipient is nolifiÈd of the grant. as this gives rise lo a reasonable
expèct8tion that the ￿cipIent will receive the grants. Where grants are condilionBI relating to perforrnarKg
then the grant is only accrued when any unfulfilled conditions are outsid& of thè control of Ihtr charity.

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accountlng policiès
Icontlnuedl
1.6 Tanglble flxed assets
Tan9ible fixed assets are intt1811y mea6ure¢J al cost and subsequently measured at cost or valualK)n. nel of
depre¢lollon and any Impalmienl losses.
Deprecladon Is recognised so as lo ￿lt8 off the cost or valuatlon of assets less Iholr resldual values over their
useful lives on tha following bASeS-
Plant gnd 8qulpm$nl
20% on cost
Indlvldual assets under £200 ar8 not capil8118ed.
The 9aln or loss arlslng on the disposal of an Bss8t Ss datwmined as the difference ba￿Ve8n the sale proceeds
and the carylng v81u8 of the a55et. and18 recogni88d in nel incornell6xpendilure} for the year.
1.7 Flx&d asB•t Inv•stm•nts
FIx8d asset Investments are Inltlally measured al transaction pric8 8x¢luding transaction costs. Subsequently,
thèy gr& measured al falr value with changos recognlsed In 'nel galns I IlosBesl on Inve$lments' In the SOFA if
the 5h8ros are publicly Iraded or Ihelr falr value can otherwlse b8 measured rallably. Transacllon costs ore
expansed as incurred.
1.8 Impalrment of flx•d a$$ets
At è8¢h rèportlng end date. the chgdty rgvSews thè C8frying amounts of Its langlblg ass818 lo delermlne
whether there Is any Indica￿On that thosè assets have SLffi8red Bn Imp8lrm8rit Ios8. If any such Indlcallon
exists, the rocov8r8blo amount of thè assgt 1$ ostlmaled In order to dètefflilna the exionl of the Impalrmènt
Ios8 Ilf anyl.
1.9 stocks
Stocks are Staled al the Iowor of ¢081 and nel reallsable value. after m8klng due allowance for obsol8le and
slow movlng Items.
N•1 realisable value Is Ihe egllmated selllng pdce less all estlmat8d co818 of complellon and costs lo be
Incurred In mork9tIng, selling and dl8lribulion,
1.10 Cash and cash equlvalents
Cash and cash 8quiv81onts include cash in hand. dgposils held al call wilh banks, and other short-1gTm liquld
Investments with original malurlties of three fflonlh5 or less.
1.11 Flnanclal rnstrum¢nts
The charity only has llnanclal assets and118bililies of a kind that quallfy a$ baslc finandal Instruments.
Baslc flnandal Snslwments are initially recognlse¢J at IranBaction value and $ubsequently measur8d al Ihelr
falr value or settlement value.
1.12 Taxatlon
The charity 18 an exempt charity withSn thè meaning of schedule 3 of the Ch8rilie5 Act 2011 and15 considerod
lo pass the lesls sel out In Paragraph 1 Schedul8 6 Fln8nc8 Act 2010 and Ihwefore 51 mg¢ls Ihe definition of a
charilable company for UK corporation tax purposes.
10-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
A¢¢ountlng poll¢l¢$
{Conllnuèdl
1.13 Employee benthts
The cost of any unused holiday entlU¢menl18 recugnlsed In the period in vdhich the 8mployeo'$ services are
recelvgd.
TerminBtion bengfits are recognlsed Immedlately as an expense when th8 ch8rlty is demonstrably commiiled
ta lèrmln8t8 the employment of an employee or lo provide terminatlon benellls.
1.14 Rotlr•m8nt bèn811ts
The Charity op¢rat8s a defined contribution pension scheme. C¢)nlrfbullons payable to the charity's pension
scheme are charged lo th6 Statement of FinanciBI ActiviU88 In the perfod lo whlch they rel81e.
1.15 D•btors and er&dEtors rèctlvablelpayable wlthln one year
Debtors and creditors with no slated interest rale and recelv8ble or p8y8ble within one yoar aro r$¢orded al
IransaclSon price. Any losses arfslng from Imp8iment ar6 recognised in expenditure.
Crltlcal accountlng QStlm8to$ and 5udg•ments
In the 8pplScallon ol Ihfr Charity's a￿Ounting policlès. the tru81ee5 are requlr¢d to mako ludg&m6n18, estimates
and assuMp￿0nS 8boul the ¢arrylng amount of ass8ts and Ilabllllles that are not readlly apparent from olhor
sources. The eslimales and associated assumptions ar8 b88ed on historical expeTience and other factors th81
are consldered lo be relevant. Actual re8ulls may differ from Ihgs8 eslim8t8s.
The eslSmales 8nd underlying 8$8umpllon8 are revlewed on an ongoing bosls. Revl$lon8 lo accounllng
esllmates are rocognlsed In the period In whlch ihe estimata Is rovtsed where the r&vislon affects only th81
P8rlod, or In thè pèrlod tsf Ihtt ￿vI￿on and fvlure pedods where lh8 revlslon affects both cuTh8nt 8nd futuro
perfods.
The Iruslees do not consldgr thal the finandal slalemenls are subject lo Any slgnlllc8nl ludgemenls or key
a¢Gounllng ¢sllmales.
Donatlons •nd leyo¢1
Unrestrlcted Regtri¢tgd
funds
funds
Total Unre$trleted
funds
2023
2023
2023
2022
Donations and gifts
LegacSes recefvable
Government grant incoma
Donated goods and s8rvlces
7,934
273,095
1,thJO
8,934
273.095
8,174
1,1S8
657
3,500
3,500
3.500
284,529
1.000
28S.529
13,489
Governmènt grant In¢omg
G?vemment grants h8ve bgen recelved for the retention of staff during th8 Covld-19 p8ndemi¢ and business
grants have also been received lo support the charity dltring the C¢vtd-19 pancltrmic.
Donated good5 and services
Donated goods and services consists of renl forthe Coffee shop.
11

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Inv•stm¥nts
Unr¢$trl¢tgd Unre5trlcted
funds
funds
2023
2022
Income from118ted Inveslmonls
Intèrest recelvabl¢
24,902
3,816
20.846
141
28.718
20,987
Ral8lng fundg
Unr•8trlcted UnT•Strl¢t•d
funds
funds
2023
2022
Investment man8gomenl w&1$
6,491
6,979
6,491
6,979
13-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Other tradlng 8xp•ndltur•
Coff¢e shop Equlpment
grants
2023
Total
2023
Cofftè shop Equlpment
grants
2022
Total
2022
2023
2022
Dèpreciation and
impairmanl
Purchases
Rènt
BLtsiness rates
Postago and Sta￿￿n￿ry
Phone
Repairs
Sundry
1.068
59.732
3.500
230
1,068
59.732
3,500
230
1.054
6.947
3.500
259
305
104
284
753
1.054
6.947
3,500
259
305
104
147
2,278
647
147
2,278
647
753
67,602
67,602
13,206
13,208
Grant fundlng of
aollvlllgs (see note 81
47,623
47,623
8,676
8,676
Share of support costg
Isoo note 9
Sharg of govern8nc8
CO8151see nots 91
25.041
25.041
21,651
21.651
3,140
3,140
2,953
2.953
95,783
47.623
143,406
37.810
8,678
46,486
Analys1$ by fund
Unreslricled funds
Re81ricted funds
95,783
44,882
2,741
140,865
2,741
37,810
5,763
2,913
43,573
2,913
95,783
47,623
143,406
37,810
8,676
46,486
14-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Grants payable
Equlpment Equipmènt
9rants
grants
2023
2022
Grants lo inslilLrtions {12 grants):
Milbrook Suits- Jfjtchen Alterallon8
Wyre Forest Ward TV
Audiology Dept- Ear Wax Removal System
Oulpèlients Skeleton
Physlo Depl- Treadmlll
MIU Scrub Tops
Theatres Recovery Sulle
Cardlopulrnonary
Co- Lab Coffee MathSne
Dorrnalology Depl-Alr Vao
MIU - Childrens PlayArea
R&nal Unlts- 2 Tvs
WF Ward - Bladder Scannsr
M8lernlly Hub- Blrthlng Pool
The Hub- VR Syslgm
Urology Cupboard
Mlllbrook sulla- Kllchgn gqulpm8nt
2,714
199
2,174
594
2,995
153
2,184
11,308
3,000
2.675
6.065
255
4.562
243
13.204
1,233
2,741
47.623
8.676
AH grants payable ar8 ho$pilal 8pproprfallons made to Klddgmi5n$ter Hospitals.
15-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Support ¢o$t$
Support Govèmanc
costs
costs
2023
Support Governance
Costs
2022
Staff cost$
Telephone & brogdband
Posta9¢ and stslionery
Sundry
Subscriptions
Bank chor99$
lThsurance
19,573
794
923
760
1.387
565
1,059
19,573
794
923
760
1,367
565
1,059
17.318
730
857
647
964
90
1,045
17.318
730
857
647
90
1,045
Legal and profosslonal
Accountancy fees
13
2,940
13
2,940
3.140
3,140
25.041
3.140
28,181
21.651
2.953
24.604
An8ly8ed be￿een
Charitable acliviues
25,041
3,140
28,181
21,651
2,953
24.604
Induded In governan￿ co818 Is the Indepen(Jenl Ex8mlMrs remuneration whl¢h 8moun18 to an Indepond$nl
Examln8tlon feo of £3,14012022- £2,940}.
10 Trust••$
None of th9 ITusl8es (or any persons conneoted wlth Iheml recelved any remuneration or benefiis from the
harSty durlng thè year.
11
Employ••$
Th& averago monthly number of employegs during the yaar was..
2023
Number
2022
Number
Adminislralion
Employmont costs
2023
2022
Wage8 and salarfps
other pension costs
19,250
323
16,996
320
19.573
17,318
There were no employee¥ whose annual remtJnÈration was more than £60,000.
16-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2023
12 Net galnsl{loss•sl on inv•$tments
Unr*$trlcted Unrestrict•d
funds
funds
2023
2022
Revaluatlon of Investments
Gainll10551 on s￿@ of invgskngnts
118.5241 1105,8421
23.454
40,515
4.930
{65,3271
13 Taxatlon
Th8 charlty18 exempt from tax on Ils chailt8ble acdvlle8.
14 Tanglbltr fix¢d ass
Plant and équlpm•nt
Cost
Al 1 October 2022
Addllion8
12,194
770
At 30 September 2023
12,964
D•pr•¢latlon and Impalnnont
Al 1 October 2022
Depreclatlon Charged In th8 ygBr
10,910
1.068
AI 30 Sèptember 2023
11,978
Cxrrying 4mount
At 30 Septomber 2023
986
At 30 September 2022
1.284
17-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
15 Flxgd as$•t Investment$
Llsted
Investments
Cost orvaluation
At 1 October 2022
Additions
ValualSon changos
Return of capital
Dlsposals
645,145
110,698
118.5241
17,5001
195,4051
AI 30 Septembèr 2023
634,414
Carrylng amount
At 30 September 2023
634,414
AI 30 September 2022
45,145
The falr value of118led Investment8 Ss dglemlned by reference lo the m8rkg1 value as 8130 Sèplembor 2023
as provlded by 8rewln Dolphln.
16 Stock8
2023
2022
Flnlshgd goods and goods for re8alg
2.469
2,584
17 Debtor$
2023
2022
Amounts falling due wlthln ono year:
Other d8btor#
3,843
2,211
18 Credltors: amounts falling due wilhln one year
2023
2022
Olhèr taxation and social securfty
Trade Credliors
Other creditors
4,025
2,346
4,860
194
1,798
4.675
11.231
6,667
18-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
19 Rostrletgd fvnd$
The Income funds of the charKy inGludg restricled funds comprising the followlng unexpended balances of
donations and grants held on trust for speclfic purposes-
Movement In funds
Ih¢0mlng
Ro¥ourcos
vo6ourco$
èxpondèd 30 September
2023
Bal•n￿ ut
1 October2021
Re¥our￿*
Balanco at
•xpendadq Oetober2022
Mlllbrook Sults (Leaoue
funds)
MlllbTook Suite {other)
Prost8le care unil
Wyre Ftsrèsl Communlty
unll
Breast ¢an¢gr dlnl¢
Endoscopy dep8rtment
Physlolh¢rapy dopartmenl
Ophthalmology Oep8rlment
23,543
4.954
200
23,543
2.240
200
12,6721
1691
20,871
2.171
2CN)
12,7141
294
204
20
18
11991
95
204
20
18
95
204
20
18
1,000
1,000
29,233
12.9131
26,320
1,000
12,741}
24,579
roo
Thls repre8enl6 fund3 to be used In a unll SP￿1alls1ng In th8 treatment of pallents suff8rlng from cancer.
This Tepreyents funds to be used for patlents 8uff8rlng from proslate can￿1,
rtmttn
Thls reprèsents funds to be u$gd for equlpmenl In the phy8ioth8rapy departmonl.
This represents funds lo be used on thg Wyre Forest W8rd.
Thls represents funds to be used on th8 Br8881 Cancer Clinic.
co
De
artmenl
This represents funds to bg us8d for endo8¢opy equipment.
This represents funds to b8 usèd in tho Ophthalmology Department.
19-

THE LEAGUE OF FRIENDS OF THE KIDDERMINSTER HOSPITALS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
2D Do$ignated funds
Thg Incom8 fund8 of the charity in¢lude tho followlng designated funds whl¢h have been sel aslde out of
unreslricled fvnds by the trustees for speclflc purposes.-
Movement In fund¥
Ineomlng
r•¥gurG•
Balance #t
1 O¢¢ober2021
Balance dt
•xpond•d1 Oetobèr2022
Balanu at
oxpfjnded 30 Sèplgmbqr
2023
R8V8luallon r8s8
Paedlalrlcs Thealie- MRI
m8chlng
Llbrary 8elf 8èNl¢e 8y818m
200,618
{94,7731
105,845
118,5241
87,321
84,567
11.723
84,567
11,723
200.618
194,773}
105,845
96,290
{18,S241
183.611
21 Analy$l$ of not assets betweon funds
Unr06trlcted Restrl¢t•d
2023
2023
T¢)tal Unr&8trlct•d R￿trfet0d
2023
2022
2022
Total
2022
Fvnd balances 8130
Seplamber 2023 are
represented by..
Tangible asse15
Investments
Current 8sselsll119bllttlesl
986
634,414
337,843
1.284
645,145
75,482
1,284
645,145
101.802
634.414
362,422
24,579
26,320
973,243
24.579
997,822
721,911
26.320
748,231
22 Related party transactlons
Thore were no dis¢l0s8ble Telaled paty tr¥ns8clion8 during the year {2022- none).
-20-