REGISTERED CHARITY NUMBER: 229151 REPORTOF THE TRUSTEES AND UNAUOITED FINANCIAL STATEMENTS FOII THE YEAR ENDED 31 OECEMBER 2020 FOR FRIENDS OF ST MARY'5 HOSPITAL Bright Brown Llmited Chartered Accountants Exchange House Sl. Cr05s Lane Newport Isle of Wight P030 5BZ
FRIENDS OF ST MARV'S HOSPITAL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Pale Reference and Admlnlstrative Details Report of the Trustee5 2 to Independent Examiner'5 Report Statement of Financlal Artivltles Balance Sheet 9 10 10 Notes to the Flnanclal Statements 11 to 19 Detailed Statement of Financial Activitie5 20 to 21 Provisions for Hospital Purchases 22 Th15 page does notform ofthe statury financlal StatenTrts Page 22
FRIENDS OF ST MARY'S HOSPITAL REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEM8ER 2020 TRUSTEES Missj l Legg Mr G Moglione Mr G Chastney Mrs J Ring Mr5 L Myland Mr5 1 Reeve Mrs B Rowan Mr5 A Ed850n Mr M KeiBhtley Mrs V TomlSnson PRINCIPAL ADDRESS Adminixtration Cottage St Mary's Hospital Newport Isle of Wight P030 5TG REGISTERED CHARrrY NUMBER 229151 INDEPENDENT EKAMINER Bright 6rown Llmlte(J Chartered Aciountants Exchange House St. Crogs Lane Newport Isle of Wight P030 5BZ Page I
FRIENDS OF ST MARY'S HOSPITAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEM8ER 2020 The trustees present thelr report with the financial statements of the charity for the year encled 31 December 2020. The trustees have adopted the provislon5 of Accountlng and ReportlnB by Charities.. Staternent of Recommended Practice applicable lo charitie5 preparing their account5 in accordance wlth the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191. OBJEcnvE5 AND ACTIVITIES Oblectlves and alms The money ralsed by the Friends Is to relleve and assist patients of St Mary's Hospltal and all NHS servlces within the community of the Isle of Wight, through grènts for equlpment and Improvlng facllltles for patlents. Page 2
FRIENDS OF ST MARY'5 HOSPITAL REPORT OF THE TRiISTEES FOR THE YEAR ENDED 31 OECEMBER 2020 ACHIEVEMENT AND PERFORMANCE Char5table artivitSe5 A5 this is belng written in january 2021, the world reaches a shocking milestone. We will have been coping with pandemic for l year and we are now in a second wave every bit as bad, or even worse in some countries, as the first wave. Thls report is wrltten against a background of unprecedented events worldwide, closer to home on the Island and In the Hospit31 that we support. At the beginning of 2020, our charity was in è good plèce flnancially and beginning tc> plan for the distribution of grants protes5 for thè year. We werè hoW@r 8pproachln8 the 3pplitation procÈss with somè caution because it had become very clear that the105s of our foyer cafp wa5 going to make a dramatic impact on the Charity's income. We had already acknowledged that we must start re5eaTchin8 Other income streams and also that our days of dlstrlbutlng some £80,000's worth of equipment and facilities were probably c¢ver. at least for the time being. We weie also celebratlng an am321ngly profStable year for the fetall company in 2019, which made the Ios5 of the foyer café even harder. There were tax implications to thi5 succe55 but these will be smoothed out by a much smaller profit for 2020. The main priorlty a5 2020 got underway to get on wlth maklng the transltlon to ovr new shop as smooth as possible. The new shop in the Foyer opened in January and was a real credit to the team who had worked hard to dismantle the old premises and clean and stock the new one. Our Ryde and Laidlaw cafés were doin8 well, our new outp3tlents' cafe was holdln@ Its own and the trolley round5 were offering their cu5tornary excellent serv1. By the end of March, the landscape had changed beyond anything we could have anticlpated as Covid 19 gained its grip on the nation. The Hospital was dramatically reconfigured to accommodate the pressure caused by the virus and to ensure safety in the workplace. Wè lost the Laldlaw café as the Laidlaw ntre bècame a ward. We had to stop the ward trolley rounds as an infectlon ontrol measure. Then the first full loekdown chme. By then we had alieady lost volunteers who understandably felt nervous about being in thè Hospital. It was impossible to manage social distancing in the Ryde café. and in the new outpatient5, cafe. The shop had no protective measures in place and the stockroom too small to be safe. The decision to shut down on 23rd March had to be made on safety grounds. Under the lockdown rules we could have maintained a service, but it was not deemed safe to do so. As a consequence, the decision to discontlnue the Monthly sum from the retail income to the charity haLI to be made. aearly there would be no profit to transfer for the time being. We donated our stock which would othefwSse have gone oui of life, to ihe welfare packs which were assembled for the hospital staff during the height of the summer lockdown. We made Boo(J use of the government'g furlough scheme which enabled us to keep some staff on rèady for trading when we reopened. As the 51tU3tlon unravelled ovèr the sumrnef we knew that we would not get any of our café5 back for the foreseeable future and that the trolley rounds would be discontinued for a long time y. Openlng thè shop alain was delayed until free food for hospital staff endÈd, but we Dpe.ned on August ioth and were warmly welcomed back by hospltal staff. Our thank5 to Lisa Brodie and her team on their extraordinary achievements at thi5 time. Page 3
FRIENDS OF ST MARY'S HOSPITAL REPORT OFTHETRUSTÉES FOR THE YEAR ENDED 31 DECEMBER 2020 In the meantimè we also faced 3 scenarlo where we had no choice but to make redundancie5. The trolley Service. apart from being suspended indefinitely, was not expected to resume for a long while and when li did, we could nol run it at a1055 a5 we had done. It ha5 always cost more In waEes than we made in Sales, but it Was such a valuable service that we considered this a legitimate approach in line with our chawitfjble purpose to provide amenities for staff and patients. We gave notice to all our trolley operatives to expire at what was then the final date fof the fuflough scheme, 31st October 2020. Thi5 was one of the most dlfflcult thlngs that we had to face due to the pandemic and was a costlv exercise as we had some lonB Service compensatlon to pay, and as very little holiday had been taken, wages in lieu of holiday had to be paid. We had an amazing team of loyal and competent people who had glven us many years of excellenl Service to the FrendS between them. The understanding and cooperation we got from these people in the face of redundancy was humbllng and my personal thanks go to every one of them. We hope that we will be able to resume the trolley rounds at some polnt In the future, dolng a once dally run and staffing with volunteers. One of the saddest outcomes of this situation 15 that not all our 70 or 50 volunteers have been able to come back to U5 In our new 5tru¢ture. Shop and café work are quile dlfferent and some just felt unable to return. Others felt unable to return because of health concerns either for themselve5 or their partners. Because we are so small now, we have a Ilmited numbèr of duty slots, but have tried to uti1Sse all those who wanied to return to us. We ale grateful to those who have returned, 3nd equally grateful to all those volunteers who have given us $0 many years of ttwnazing service until this all happened. We have tried to kÈèp in touch with regular news to everyc*ne we can reach and will continue to do 50 for a while yet. Alongside all thi5, have been the superhuman effort5 of the Charity's Secretariat to keep everythinB 8olng on the admin and legislative side of thin85. Our Business Manager Debs Downer has kept us afl03t in this Contèxt and supported the retail operatlon at every turn. Sadlyy we had to make Alex Mltthell, our Secretariat PA, redundant. Our thanks to Alex for her many years of loyalty, supporl and high standards. The Trustees and Dlrèctors have mèt whèn necessary durin8 all this. thanks to the provision of a 'safe' pla arranged by Trustee Martin Keightley. One decision we hatj to make was whether we actively fundrai5ed during this terrible time for 50 many. We are grateful for the many donations that have been sent to us by our supporter5. However, the decision wa5 made to stand aside from active fundraising initiatives during pandemic condition5, 50 that charities surjporting those with immediate need could ralse the help they needed to help those who found them5elve5 in difficulties. This was the only decision we could make and was offset by the delerral of grant applications for 2020, so we spent very little from our funds. The application process was not carried out mainly because staff simply dld not have the capacity to even think about the variou5 requirements of applying for Èrant5. And of course, the great 8ritlsh pblIC and 'Captain fom. have between them raised huge amounts for thè NHS Charities Together funds which we have alfeady seen being used for the benefit of the Trust antj it5 Staff. On a brighter note, we stuck steadfastly to the Friends, commitment to bring some cheer at Christmas time and distributed over 400 single items to patients and frontlinè staff on 23rd December. Page 4
FRIENDS OF ST MARY'S HOSPITAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 As 2020 came to an end, the Tfu51'5 Charitable Fund5 Committee announced that bt had appointed the Communications and Engagement Director to take thè CFC into a nèw era. The plans afoot could have serious consequences for us. We will all be fishing in the Same pool, u5 Wlth a fishing rod and the Trust with a huBe trawler net. The recruitmeni of 3 full-time fundraiser for the Trust is one of the priorities of the project. The Trustees have acknowledged that we wlll need to reallgn ourselves with the CFC in some way in due course so that we can continue with our stated charitable purpose. 2020 has brought challenges for the Friends of St Mary's and most particularly for it5 retail CDmpany. l am proud to Say that the teams off Trustee5 and Directors have faced these challenges with great objectivity and optimism. We are much depleted but stlll planning to roll out grants in 2021. The Trustees havp. agreed that we will allocate a total of £30,(XK) in maximum amounts of £IOOO so that we can help a wide spread of needs. We are also determined to carry on with our rnuch appfeciated retail services and hope that we wlll extend that to a new trolley service in 2021. FINANCIAL REIEw Reserves pollcy Reserves are needed tD cover the working capital requirement5 of the charity, allowing the charity to continue to operate lor to have funds to closel In the event of a signiflcant drop in funding. Thi5 also ensures that the charity is able to rneet any unexpected costs which may arise. Having considered the nature of any 14kety c05t5, the Friends of St Mary's Trustees havè aÉreed that thè level of the reserves should be a minimum of £20,000. Thi5 will be formally Feviewed annually,. however the Trustee5 can revise thSs amount at any time according to relevant circumstance5. At the end of the reportlng period, total funds held are £181.486 of which £12.130 are restrlcted funds and £97 are fixed assets, leaving free reserves of £169,259 available. well above the amount requlred. In makinB funds available to the hospital the rharity operates è bid process whereby funds are allocated to the hospital for spÈcifit agrèèd purchasès, and as far as posslble all 8vallablè reservès abtsve the agréèd level are allocaiecl for the provision of ho5Pltal equipment at that lime. 8y neces51ty this 15 an annual proces5, and so by the year end available reserves have increased because of income recieved by the charity during the year. These funds will be avallable for the provision of hospital equipment in the next round of the bid proSS. The attached financial statements show the current state of the Friends. finances which the board conslder to be sound and which will enable the charlty to agree lo fund equipment purchases in 2020. FufuRE PLANS The charity plans to contintje thè activities as ouilined above in the forthcoming years subject to satisfartory fundillg arrangement> STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charily is Controlled by Its governing document, a constitution adopted on 24 May 2016, and 15 an unincorporated charity. Recrultment and appointment of new trustees Trustees are appointed 3t thè AGM for a period of one year. The number of truslees 5h311 be not less than ID but shall not be mole than 15. In the event of a vacancy. a trustee can also be appointed during the year at the discretion of the other trustÈes. Page 5
FRIENDS OF sr MARY'S HOSPITAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OECEMBER 2020 STRUCtURE, GOVERNANCE AND MANAGEMENT R15k management The trustees have examlned the major Strategic, busines5 and operational risks whlch the charity faces and eonflrm that SV5tem5 have been establlshed to enable regular reports to be produceil $0 that the necessary Steps can be take to lessen these ris. Publlc benefft The trustees of the Friends confirm that they have tomplied wilh their duty to have due regard to ihe Charlty Commission's guidance on public benefit and that the public benefit reqkjirement has informed the activities of ihe trust. Approved by order ol the board of tru5tee5 on Jslsl and signed on Its behalf by: Mrs L Myland- T ustee Page 6
114DEpÈNDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF sr MARV'S HOSPITAL Independent examlner's report to the trustees of Frlend5 of St Mary'5 Hospital ceport to the charity trustees on my examination of the accounts of Friend5 of St Mary's Hospital Itbe TTu5tl for the vear ended 31 Derember 2020. Respon55bilitle5 and bas15 of repart As the charity trustee5 of the Trust you are responsible for the preparatlon of the accounts in atcordance with the requSrements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Tfust's accounts carried oul under sertion 145 of the Act and in carrying out my èxamination I have followed all applicable Directions glven by the Charity CommlssSon under sectlon 14515llbl of the Act. Independent examlner's statement I have completed my examination. I tonflrm that no material matter5 have come to my attentlon in connection with the examln3tlon giving me cause to believe that in any material respect.. accountlng records were not kept in respect of the Trust as required by section 130 of the Act,. ar the accounts do not accord with those record5,' or the accounts do not comply with the applicable requirement5 concernlng the form and content of accounts set out in the Charities (Accounts and Reports) Regulation5 2008 other than any requirement that the accounts give a true and fair VIÈW which is not 3 matter considered as part of an independent examinatlon. I have no concems and have come across no other matters In connection with the examinatlon to which attention should be drawn In thls report in order to enable 3 proper understanding of the accounts to be reached. G Kelly ACA FCCA Bright Brown Limlted 151e of Wight Date., Page 7
FRIENDS OF sr MARV'S HOSPITAL STATEMENT OF FINANCIAL ACTsvrriES FOR THE YEAR ENDED 31 DECEMBER 2020 2020 Total funds 2019 Total fund5 Unreslricted fund Rèstrlcted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 21,341 21,341 129,012 Othei trading activities Investment income other income 2,824 889 S,166 2,824 889 5,166 6,051 171 6,696 Tot•1 30,220 30,220 141,930 EXPENDITURE ON Raising funds 90 Charltable actlvltles Provision of hospital equipment 1231 86,021 Total 1231 1231 86.111 NETINCOME 30,243 30,243 55,819 RECONCILIATION OF FUNOS Total furids brou8ht forward 139,113 12,130 151,243 95,424 TOTAL FUNDS CARRIED FORWARO 169,356 12,130 181,486 151,243 The notes form part of these financial statèmènts Page 8
FRIENDS OF ST MARY'S HOSPIYAI BALANCE SHEET 31 DECEMBER 2020 2020 Ttstal fund5 2019 Total fund5 Unrestricted fund Restricted funds Notes FIXED ASSET5 Tangible assets Inveslments 14 15 96 204 97 97 205 CuRRETr ASSETS DebtOFS= amounts falling due within one year Debtors-. amount5 falling due after more than one year Cash al bank 16 17,619 17,619 5.652 16 33,OOD 122,586 33,000 134,716 33,lJXJ 181,471 12,130 173,205 12,130 185.335 220,123 CREDrroRS Amount5 falling due withln one year 17 11,9461 11,9461 12,2251 NET CURRENT ASSETS 171,259 12,130 183,389 217,898 TOTAL A5SET5 LE55 CURRENT LIABILITIES 171.356 12,130 183,486 218,103 PROVISIONS FOR UABIUTIES 18 12,0001 12,0001 166,8601 NET ASSErs 169,356 12,130 181,486 151,243 The notes form pari of ihese flnan¢lal statements Page 9 contlnued...
FRIENDS OF ST MARY'5 HOSPITAL BALANCE SHEET- contlnued 31 DECEMBER 2020 FUNDS UnrestTlcted funds Restricted funds 19 169,356 12,130 139,113 12,130 TOTAL FUNDS 181,486 151,243 The financlal statements were approved by the Board of Trustees and authorised for issue on ..ASlslknI . and were signed on Its behalf bv.. Mrs L Myland - rustee Miss J J LeB8- Trustee The notes form part of these financial statements Page 10
FRIEND5 OF ST MARY'S HOSPITAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20ZO ACCOUNTING POLICIES Basls of preparlngthe financlal statement5 The financi315taternent5 of the charity, whlch 15 a public benefit entlty under 102, have been prepared In accordance with the Charltles SORP IFRS 1021 'Accountin8 and Reporting by Charities.. Staleynent of Recommended Practice applicable to charities preparing theii accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I january 20151,, and the Charlties Act 2011. The financial Statements have been prepared undef the historical cost convention with the excèption of investment5 which are included al market value. Income All income 15 recognised in Ihe Statement of Financlal Activities On the charity has Èntltlement to the fund5, it 15 probable that the income will b& rètèived and the amount can be measured reliably. Expendhure Liabilitiès are recognised as expenditure as soon a5 there 15 a legal or constructive obllgation committing the charity to that expenditure, it is probable that a transfer of e¢onomic beneflts will be required in settlement and the amount of thè obligation can be measured reliably. Expenditure 15 accounted for on an accruals basis and has been classifled under headlng5 that aEgreBate all cost related to the category. Where costs cannot be dlrectly attribuled to particular headings th have been allocated to activities on a basis con515tent with the se of resources. Charltable artivlties CommitmÈnts to the Hospital to fund purchases are considered to be a constructSve obllgation and are provided for the accounts when approved by the Board. Tanglble fixed assets Depreclatlon Is provided at the following annual rates in order to write off each asset over its estimated useful Fixtures and flttlngs 20% on reducing balance Taxatlon The charity is exempt from tax on its charitable 6ctlvities. Fund accountlng Unrestrl¢ted funds can be used In accordance with the charitable objective5 at the discretion of the trustees. Restricted funLls tan onty be used for particular reslricted purposes within the objects of the tharlty. Restrictions arlse when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund 15 included in the note5 to the financial statements. Page 11 continued...
FRIENDS OF ST MARY'S HOsPAl NOTE5 TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 DONATIOf4S AND LEGACIES 2020 Total funds 2019 Total funds Unrestricted fund5 Restricted funds DonatSons Gift aid Legacies In memory Donations from tradlng subsldlary 1,552 1,263 I,SJf2 1,263 5,222 1,288 53,251 1,668 67,583 526 18,000 526 18,000 21,341 21,341 129,012 OTHER TRADIFIG AcfiviTIES 2020 Total funds 2019 Total funds Unrestricted funds Restricted fundg Fundraising events Social lotterie5 Collecting boxes 1,113 99 2,725 2,725 4,848 2,824 2,824 6,051 IEsTMENT INCOME 2020 Tutal fun(55 2019 Total funds Unrestricted hjnds Restricted nds Depos11 account interest 889 889 171 OThER INCOME 2020 Total funds 2D19 Total funds Unrestricted funds Restricted funds Management charge from trading company Job retention Scheme 3,681 1,485 3,681 1,485 6,696 5,166 5,166 6,696 Page 12 continued...
FRIENDS OF ST MARY'S HOSPITAL NOTES ro THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENOED 31 DECEMBeR 2020 RAISING FUNDS RalsSng donation5 and leBacle5 2020 Total funijs 2019 Total fursds UnrestrScted funds Restricted funds Other fundralsin8 evènts CHARffABLE AcfiviTIES COSTS This compriseg of hospital equipment purchased, payments for the community, mi5¢ellaneous hospital payments general eKpen5es in accordance with the charity's objectives. DIRECT cosrs OF CHARITABLE ACTIVITIES 2020 2019 Staff cost5 Postage, 5tatlonery and office administration Sundries Hospital equipment purchased Mistellaneous hospital payments DeprÈciation 11,712 1,220 676 116.2061 2(N) 24 16,5(Xl 2,314 918 61,254 2,747 51 12,3741 83,784 SUPPORT COsr5 Governan Costs Finance Totals Provlslon of hospital equipment 2,267 2,351 Pagè 13 continued...
FRIENDS OF ST MARY'S HOSPITAL NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 SUPPORT cosrs- continued Support costs, Included in the above, are a5 follows- 2020 Provision of hospital equipment 2019 Total activities Bank charges I055 on Sale oltangible fixed assets Accountancy fees Indepgndent examSn3tion fees 12 84 2.267 1,517 2,351 2.237 io. TRU5TEES' REMUNERATION AND BENEFITS There were no trustees, remuneration or other bonÈfits for the year endod 31 December 2020 nor for the year ended 31 Decembw 2019. Trustees, expenses The charity's Insuran covers public, products and employer5 liability, trustee indemnity and personal accldent. The cost of this insurance was £62812019- £6281. ii. STAFF COSTS The avÈra8e monthly number of employees duTing the year was as follows.. 2020 2019 Administration No ernployee5 receive(l emoluments in excess of £60,000. Page 14 continued...
FRIENDS OF ST MARY'S HOSPITAL NOTES TO THE FINANCIALSTATEMENTS- contlnuèd FOR THE YEAR ENDED 31 DECEMBER 2020 12. TERIAL TRANSFERS Restricted fund empendlture of a capital nature, mainly the purchase of equlpment, is induded in fixed asset additions at ihe time of the purchase. An amount equal to the lower of the incomc received in respect of the equlpment or the cost of thi5 equipment is transferred from the restriciÈd fund tts the unrestricted fund, provided that this equipment may be used by the charity for it5 general application. Depreciation on this equipment will be charged against unrestricted funds. A transfer from the restricted fund to the unrestricted fund will not be made for fixed asset addltions that are not capable of being used by the charSty for genèral application. Depfeciation in respeci Df this type of as.%et will be charged against restrlcted funds. 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds T¢Jtsl funds INCOME AND ENI)OWMENTS FROM Donations and legacles 129.012 129,012 othèr tradlng activitie5 Investment Income Other incorne 6,051 171 6,696 6,051 171 6,696 Total 141,930 141.930 EXPENDITURE ON Raising funds 90 90 Charltable actlvltles Provision of hospital èquipment 75,456 10,565 86,021 Total 75,546 10,565 86,111 NET INCOMEIIEXPENDITURE) 66,384 110,5651 55.819 RECONCILIATION OF FUNDS Total funds brought forward 72,729 22,695 95,424 TOTAL FUNDS CARRIED FORWARD 139,113 12,130 151.243 Page 15 continued.-.
FRIENDS OF ST MARY'S HOSPITAL NOTE5 TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 TANGIBLE FIXED ASSEfs Fixtures and COST At l January 2020 Dlsposals 472 13221 At 31 December 2020 150 DEPRECIATION At l January 2020 Charge for year Ellminated on disposal 268 24 1238 At 31 December 2020 54 BOOK VALUE At 31 Dember 2020 At 31 December 2019 204 Is. FIXED Ass INVESTMENTS Shaves in group undertaking5 MARK VALUE At l January 2020 and 31 Oecember 2020 NET BOOK VALUE At 310e¢ember 2020 At 31 Decernber 2019 There were no investment assets outside the UK. Page 16 continued...
FRIENDS OF ST MARY'S HOSPITAL NOTESTO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEM8ER 2020 16. DEBTORS 2020 2019 Amounts falling due within one year= Due frDm trading company 17,619 5,652 Amounts falllng due after more than one year.. Due from trading MpanY 33.000 33,000 Aggregate amounts 50,619 38,652 17. cREDoR5.. AMOUNT5 FALLING DUE WITHIN ONE YEAR 2020 2019 Other creditors 1,946 2,225 PROVISIONS FOR UABILITIES 2020 2019 Provlslon for hospital purchase5 2.LKO 66,860 19. MOVEMf Trir IN FUNDS Net movement in funds At 31.12.20 At 1.1.20 Unre5trlcted funds Genefal fund 139,J13 30,243 169,356 Restrl£ted fund5 Gladys Clarkè Chemo unit Neonatal vnit Sandown health district Ccij ward Colorectal nurse 5peciali5t Childfen's Oiltpatient bubble tubes Orthopaedics de.partment 10.991 205 25Q 48 75 200 61 300 10,991 205 250 75 200 61 300 12,130 12,130 TOTAL FUNDS 151,243 30,243 181,486 Page 17 nlinued...
FRIENDS OF ST MARY'S HOSPITAL NOTESTO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 19. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in thè above are as follow5: IncDmlng resources Re.sources expended Movement in funds Unrestrlcted funds General fvnd 30,220 23 30,243 TOTAL FUNDS 30,220 23 30,243 Compafatives for movement In funds Net movemènt in funds At 31.12.19 At 1.1.19 Unre5trlcted funds General fund 72,729 66,384 139,113 Restrlcted funds Gladys Clarke Chemo unit Neonatal unlt Sandown health district CCU ward Colorectal nurse spetiallst Children's outpattent bubble tubes Intensive care unit OTthopaedlc5 department 10,991 205 250 48 75 200 61 10.565 300 10,991 205 250 75 200 61 110,5651 300 22,695 110,5651 12,130 TOTAL FUNDS 95,424 55,819 151.243 Page 18 contlnued...
FRIENDS OF ST MARY'S HOSPITAL NOTE5TO THE FINANCIAL STATEMENTS- contlDued FOR THE YEAR ENDED 31 DECEMBER 2020 19. MOVEMÉNT IN FUNDS- continued Comparatlve net movement in funds, included in thè above are as follows.. Incombng resources Resources expended Movement in funds Vnrestrlcted fund5 General fund 141,930 17S,5461 66,384 Restricted fvnds Intensive carg unit 110.5651 110.5651 TOTAL FUNDS 141,930 186,1111 55,819 The Gladys Clarke Memorlal Fund was set up in memory of Gladys Clarke who bequeathèd mon@v to thè charitv to be used for the bènefit of visitors to the Isle of Wight admitted to hospital. The intensive care unit fund 15 made up of incomè recèivèd tts be used for purchase of equipment for ICU. Other mlnor fvnd5 have also been raised and are Ilsled separately in the above note. RELATEO PARTY DISCLOSURES There were no relaied party transactlons for the year ended 31 December 2020. Page 19
FRIENDS OF 5T MARWS HOSPITAL DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2020 2020 2019 INCOME AND ENDOWMENTS Donatlon5 and legacles Oonatlons Gift aid Legacies In memtsry Donations from trading sub51diary 1,552 1,263 5.222 1,288 53,251 1,668 67,583 526 I8,0 21,341 129,012 other tradlng actlvStles Fundr315ing events Social lOttleS Collecting boxe5 1,113 90 4,848 99 2,725 2,824 6,051 Investment Income Oeposit accrtrunt interest 889 171 Othèr Income Management charge from trading tompanv Job retentlon scheme 3,681 1,485 6,696 5,166 6,696 Total Irhcomlng resources 30,220 141,930 EXPENDITURE Ra5sln8 donat4ons and legacle5 Other fundraisin8 events 90 Charltable artlvlties Wages PcTrStage, stationery and office administration Sundries Hospltal equipment purchased Carrted fOnard 11,712 1,220 676 116,2061 12,5981 16,500 2,314 918 61,254 80,986 This page doe5 not form part of the statutory financial statements Page 20
FRIENDS OF ST MARVS HOSPITAL DETAILED STATEMENT OF FINANCIAL ACTIVITIE5 FOR THE YEAR ENDED 31 DECEMBER 2020 2020 2019 Char5tablè actlvltiès Brought forward MISlIaneoUS h05Pltal paymenis Fixtures and fittings 12,5981 21M) 24 80,986 2,747 51 12,3741 83.784 Support costs Flnance Bank charges Loss on sale of t3n8ible fixed assets 12 84 84 Governan¢e costs Accountancy fees Independent examination fees 2.267 1,517 2,267 2,225 Total resour5 expended 1231 86,111 Net income 30,243 55,819 Thls page does not fomi part of the statutory flriancial staternents Page21
FRIENDS OF sr MARY'S MOSPAL PROVISIONS FOR HOSPITAL PURCHASES FOR THE VEAR ENDED 31 DECEMBER 2020 Department Equiprnent Accepted blds for 2019- carrled forward Community Learning Disabllities Team Jack ladult slEed an3tomlcally correct cloth man and training package for st3ff ènd service users) 2,000 2,0 This pa8e doe5 not Form pèrt of the 5tatwtory fin&ncia15tatem*ts Pa8e22