LEAGUE OF FRIENDS OF SOUTH TYNESIDE HOSPITALS DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Ko simoson League Of Friends Of South Tyneside Hospitals Contents Page Company Information Director's Report Accountsnt'5 Report Income and Expenditure Account Balance Sheet Not￿ to the Flnancial Statements The following pages do not form part of the statutory accounts.. Detailed Income and Expenditure Account League Of Friends Of South Tyneside Hospitals Company Information For The Year Ended 31 December 2025 Acttsuntsnts KP simpson Ltd Certified Public Accountants 172 Albert Road Jarrow NE32 5JA gel League Of Friends Of South Tyneside Hospitals Company No. Director's Report For The Year Ended 31 December 2025 The director presents his report and the financial statements for the year ended 31 December 2025. Directors The director who held office durlng the year were as follows.. statement of Director's Responsibilities The director Is responsible for preparlng the Dlrector's Report and the financlal statements In accordance wlth appllcable law and regulations. ompany law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements In accordance wlth United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accountlng Standard5 and applicable lawl. Under company law the director must not approve the financial statetnents unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the director is required to.. select sultable accountlng pollcles and then apply them consistently,. tnake judgments and accounting estimate5 that are reasonable and prudent.. prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the company The director is responsible for keeping adeouate accounting records that are sufficient to show and explain the company's tran5actlOn5 and disc105e with reasonable accuracy at any titne the financial p051tion of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking ￿asOnable steps for the p￿ventIOn and detection of fraud and other ir￿gUIaritie5. The director is responsible for the maintenance and integrity of the corpotate ènd finèncitl information included on the company's website. Legislation in the United Kingdom governing the preparabon and dissemination of financial statements may differ from legislation in other jurisdictions. Small Company Rules This report has been prepared in accordance ¥vith the special proyisiuns relating to companies subject to the small compani regime within Part 15 of the Cornpanies Act 2006. By order of the board 1910212026 ge2 League Of Friends Of South Tyneside Hospitals Accountant'5 Report For The Year Ended 31 December 2025 In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and Information and explanations you have given to us. This report is made to the director in actordance with the terms of our engè9ement. Our véork has been undertaken t prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them In this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company nd the Company's director for our work or for thi5 report. You have acknowledged on the balance sheet as at year ended 31 December 2025 your duty to ensure that the company has kept proper accounting records and to p￿pare financial statements that give a true and fair view under the compani￿ Act 2006. You consider that the company is exempt from the statutory requirernent for an audit for the year. We have not been instructed tg carry out an audit of the fin4ncial statements. For th15 reason, we have not verified the accurary or completeness of the accounting records or Information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. 2610212026 KP Simpson Ltd Certified Public Accountants 172 Albert Road Jarrow NE32 5)A ge3 League Of Friends Of South Tyneside Hospitals Income and Expenditure Account For The Year Ended 31 December 2025 2025 2024 Notes TURNOVER Cost of sales 126,680 186,7471 122,388 183,4621 GROSS SURPLUS 39,933 38,926 Administrative expenses 136,9691 152,1941 OPERATING SURPLUSIIOEFICIT) 2,964 478 113,2681 124 Other interest receivable and similar income SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 3,442 113,1441 The notes on page 6 form part of these flnancial ststements. ge4 League Of Friends Of South Tyneside Hospitals Balance Sheet As At 31 December 2025 2025 2024 Notes CURRENT ASSETS stocks 5,000 62,188 5,000 58,774 Cash at bank and In hand 67,188 63,774 CredStor$: Amounts Falllng Due Wlthln One Year 11,6321 (1,6601 NET CURRENT ASSETS (LIABILITIE51 65,556 62,114 TOTAL ASSETS LESS CURRENT LIABILITIES 65,556 62,114 NET ASSETS 65,556 62,114 Income and Expenditure Account 65,556 62,114 MEMBERS. FUNDS 65,556 62,114 For the year endlng 31 December 2025 the company was entitled to exemption from audlt under sectlon 477 of the Cotnpanies Act 2006 relating to small companies. The metnber has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledg￿ his responsiblllties for complylng with the reqU1￿mentS of the Act with respect to accoJntlng records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small cornpanies gime. On behalf of the boar(I 2610212026 The notes on page 6 fom) part of these financial statements. ges League Of Friends Of South Tyneside Hospitals Notes to the Financial Statement5 For The Year Ended 31 December 2025 l. Gtneral Infv>rmation League Of Friends Of South Tyneside Hospitals is a private company, limited by guarantee, Incorporated in England & Wales, registered number. The reglstered office is 2. Accounting Polities 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention and In accordance with Financial Reporting Standard 102 section LA Small Entities 'The Flnancial Reporting Standard appllcable In the UK and Republlc of Lreland" and the Cotnpanies Act 2006. 2.2. Turnover Tumover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover include5 revenue earned frotn the sale of good5 from the rendering of services. Tumover 15 reduced for estimated customer returns, rebat￿ and other similar allowan￿S. Sale of g¢￿d$ Tumover from the sale of goods is recognised when the significant risks and ￿wardS of obvnership of the goods has transferred to the buyer. This is usually at the point that the custotner ha5 signed for the delivery of the goods. Rendering of seniice5 Tumover from the ￿nderIng of servitrs is recognised by reference to the stage of completion of the contract. The stage of completlon of a contract is measured by comparlng the costs incurred for work performed to date to the totsl estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of contrart cannot be estimated reliably. 2.3. stocks and Work In Progress Stocks and work in progress are valued at the lower of c05t and net realisable value after tnaking due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-ln-progress Is ￿flected in the accounts on a contract by contract basis by recording turnower and related costs as contratt activity progresses. 3. Average Number of Employees Average number of employe￿, Including directors, during the year was.. NIL12024.' NIL) 4. Stocks 2025 2024 Stock 5,000 5,000 5. Credltors.. Amounts Falllng Due WlthSn One Year 2025 2024 Trade creditors VAT 1,633 1,660 L,632 1,660 6. Company limited by guarantee The company is limited by guarantee and has no Sha￿ capltal. Every member of the company undertake5 to contribute to the a55et5 of the company, in the event of a winding up, Such an amount as may be required not exceeding Él. ge6 League Of Friends Of South Tyneside Hospitals Detailed Incorne and Expenditure Account For The Year Ended 31 December 2025 2025 2024 TURNOVER Shop sales Donations 119,973 4,053 2,654 116,296 3,342 2,750 Charity sales 126,680 122,388 COST OF SALES Opening stock Purchases Closing stock 5,000 86,747 15,0001 5,000 83,462 15,0001 186,7471 183,4621 GROSS SURPLUS 39,933 38,926 Admini$trative Expert$es Staff entertaining Computer software, Consumabl￿ and maintenance Printingy Postage and stationery Telecommunicttions and dats costs Accountancy fees Management fees Charitable donations 240 40 734 iio 620 815 60 614 135 600 366 35,194 49,635 136,9691 152,1941 OPERATING SURPLUSI{DEFICIT) 2,964 113,2681 Other interest receivable and $imilèr income Bank Interest receivable 478 124 478 124 SURPLUS/{DEFICIT) FOR THE FINANCIAL YEAR 3,442 113,1441 ge7