**REGISTERED CHARITY NUMBER: 233828**
## **REPORT OF THE TRUSTEES AND**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **FOR**
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1|
|**Statement of Financial Activities**|3|
|**Statement of Financial Position**|4|
|**Notes to the Financial Statements**|5|
|**Report of the Independent Accountants**|9|
|**Income and Expenditure Account**|10|
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have the adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The purpose of the charity is to provide support to the Whitstable and Tankerton Hospital and to provide support for medical care in health centres and in the community of Whitstable and the surrounding area.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity’s income is derived from fund raising activities and from gifts. During the year, equipment donations totalling £35,153 (2022: £74,386) were made.
## **FINANCIAL REVIEW**
## **Reserves Policy**
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately six months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to emergency applications for support which may arise from time to time. Funds were maintained at this level throughout the year.
Surplus funds, although not restricted, are being retained to meet future unspecified major projects within the scope of the charity’s activities.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees have:
- Selected suitable accounting policies and then applied them consistently;
- Made judgements and estimates that are reasonable and prudent;
- Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepared the financial statements on the going concern basis.
The trustees have overall responsibility for ensuring that the charity has appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
233828
## **Principal address**
Whitstable and Tankerton Hospital Northwood Road Whitstable Kent CT5 2HN
Page 1
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS (continued) Trustees**
Mrs G Baker (Chairman) Mrs M E Ahern (Vice Chairman) Ms A L Buck (Secretary) Mrs P Callis Mrs L Doyle Mrs B Tilley Mrs S Aldous – resigned 18.10.22 Mrs C Nelson – appointed 18.10.22
## **Independent examiner**
Hilary Adams Ltd Chartered Accountants 158 High Street Herne Bay Kent CT6 5NP Approved by the board of trustees on and signed on its behalf by:
Mrs G Baker (Chairman) – Trustee
Page 2
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) for the Year Ended 31 March 2023**
|**Funds**
**2023**
Notes
**£**
**Incoming resources:**
Voluntary income:
Donations & legacies
**44,543**
Investment income
2
**27**
Dividends received
**8,649**
Activities for generating funds:
Fundraising income
3
**15,082**
**Incoming resources from**
**charitable activities:**
Subscriptions
**857**
Income tax recovered
**-**
**Total incoming resources**
**69,158**
**Resources expended**
**Costs of generating funds:**
Raising funds
**7,510**
**Charitable activities**
**41,960**
**Total resources expended**
4
**49,470**
**STATEMENT OF TOTAL RECOGNISED**
**GAINS AND LOSSES**
**Net incoming resources before other**
**recognised gains**
**(net income for the year)**
**19,688**
**Other recognised gains**
Gain/(loss) on revaluation of investments
**(24,860)**
**Net movement in funds**
**(5,172)**
Total funds brought forward
**448,288**
**Total funds carried forward**
10
**443,116**
**Unrestricted**|**Restricted**
**Funds**
**2023**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total**
**Funds**
**2023**
**£**
**44,543**
**27**
**8,649**
**15,082**
**857**
**-**
**69,158**
**7,510**
**41,960**
**49,470**
**19,688**
**(24,860)**
**(5,172)**
**448,288**
**443,116**|Total
Funds
2022
£
5,115
5
8,824
2,459
320
570|
|---|---|---|---|
||||17,293|
||||1,748
80,441|
||||82,189|
||||(64,896)
18,142|
||||(46,754)
495,042|
||||448,288|
Movements in funds are disclosed in Note 10 to the financial statements.
The notes form part of these financial statements
Page 3
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **STATEMENT OF FINANCIAL POSITION for the Year Ended 31 March 2023**
|Notes
**FIXED ASSETS**
Tangible Assets
7
Investments
8
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**FUNDS**
Unrestricted funds 10|**31.3.23**
**£**
**93,137**
**(1,102)**|
**£**
**200**
**350,881**
**351,081**
**92,035**
**443,116**
**443,116**
**443,116**|31.3.22
£
28,216
(840)|£
-
420,912
420,912
27,376|
|---|---|---|---|---|
|||||448,288|
|||||448,288|
|||||448,288|
The charity is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the charity to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for:
- (a) ensuring that the charity keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006.
The financial statements were approved by the board of trustees on ............................................. and were signed on its behalf by:
............................................................ Mrs G Baker (Chairman) – Trustee
Page 4
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023**
## 1. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.
## **Financial Reporting Standard Number 1**
Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity.
## **Fund accounting**
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectivities of the charity.
- Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- Grants and contract funding payments are recognised when receivable;
- Investment income is included when receivable.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT and is reported as part of the expenditure to which it relates:
- Costs of generating funds comprise the costs associated with both the costs of attracting the income and those of providing the facilities to generate the income.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## 2. **INVESTMENT INCOME**
|Investment income
**FUNDRAISING INCOME**
Fundraising events
Collection boxes
Estuary view café|**31.3.23**
**£**
**27**
**27**
**31.3.23**
**£**
**3,631**
**696**
**10,755**
**15,082**|31.3.22
£
5|
|---|---|---|
|||5|
|||31.3.22
£
2,383
29
47|
|||2,459|
|3.|**FUNDRAISING INCOME**
Fundraising events
Collection boxes
Estuary view café|
|---|---|
Page 5
continued…
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## 4. **TOTAL RESOURCES EXPENDED**
|**Basis of**
**allocation**
**Costs directly**
**allocated to activities**
Other fundraising
Direct
Estuary view café
Direct
**Support costs**
**allocated to activities**
Affiliation fees & insurance
Usage
AGM costs
Usage
Accountancy
Usage
Bank charges
Usage
Equipment donated
Usage
Newspapers
Usage
Portfolio fees
Usage
Depreciation
Usage
Other
Usage
**Total resources expended**|**Charitable**
**activities**
**2023**
**Total**
**£**
**£**
2,067
2,067
5,443
5,443
840
840
120
120
888
888
259
259
35,153
35,153
645
645
3,846
3,846
99
99
110
110
**49,470**
**49,470**|**2022**
**Total**
**£**
1,139
609
-
100
840
125
74,386
492
4,409
-
89|
|---|---|---|
|||82,189|
Page 6
continued...
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## 5. **TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees’ Expenses**
During the year, the following trustees were reimbursed expenses: Mrs A Buck £37.99 Mrs L Doyle £4,321.25 Mrs S Aldous £509.61
## 6. **TAXATION**
As a charity Friends of Whitstable Hospital and Healthcare is exempt from tax on income and gains falling within section 505 Of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
## 7. **TANGIBLE ASSETS**
|**TANGIBLE ASSETS**||
|---|---|
||**Plant and**|
||**machinery etc.**|
||**£**|
|**COST OR VALUATION**||
|At 1 April 2022|**-**|
|Additions|**299**|
|At 31 March 2023|**299**|
|**DEPRECIATION**||
|At 1 April 2022|**-**|
|Charge for year|**99**|
|At 31 March 2023|**99**|
|**NET BOOK VALUE**||
|At 31 March 2023|**200**|
|At 31 March 2022|-|
## 8. **FIXED ASSET INVESTMENTS**
|**FIXED ASSET INVESTMENTS**||
|---|---|
||**Other**|
||**investments**|
||**£**|
|**COST OR VALUATION**||
|At 1 April 2022|**420,912**|
|Disposals|**(50,000)**|
|Revaluations|**(20,031)**|
|At 31 March 2023|**350,881**|
|**NET BOOK VALUE**||
|At 31 March 2023|**350,881**|
|At 31 March 2022|420,912|
Page 7
continued…
**FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## 8. **FIXED ASSET INVESTMENTS (continued)**
Cost or valuation at 31 March 2023 is represented by:
|||**Other**|
|---|---|---|
|||**investments**|
|||**£**|
|Valuation in|2023|**350,881**|
## 9. **CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**31.3.23**
**£**
Other creditors
**1,102**|31.3.22
£
840|
|---|---|
## 10. **MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||**Net**||
|||**movement**||
||**At 1.4.22**|**in funds**|**At 31.3.23**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|**448,288**|**(5,172)**|**443,116**|
|**TOTAL FUNDS**|**448,288**|**(5,172)**|**443,116**|
Net movement in funds, included in the above are as follows:
|**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**Unrestricted funds**
General fund
**69,158**
**(49,470)**
**TOTAL FUNDS**
**69,158**
**(49,470)**|**Other**
**losses**
**Movement**
**in funds**
**£**
**£**
**(24,860)**
**(5,172)**
**(24,860)**
**(5,172)**|
|---|---|
## 11. **RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2023 or 31 March 2022.
Page 8
**CHARTERED ACCOUNTANTS' INDEPENDENT EXAMINER’S REPORT TO THE BOARD OF TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF FRIENDS OF WHITSTABLE HOSPITAL AND HEALTHCARE**
We report on the accounts of the company for the year ended 31 March 2023, which are set out on pages 3 to 8.
## **Respective responsibilities of trustees and examiner**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to our attention.
## **Basis of independent examiner’s report**
Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with our examination, no matter has come to our attention:
(1) which gives us reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Hilary Adams Ltd Chartered Accountants 158 High Street Herne Bay Kent CT6 5NP
Date: ............................................
This page does not form part of the statutory financial statements Page 9
## **Friends of Whitstable Hospital and Healthcare Detailed Income and Expenditure Account For The Year Ended 31 March 2023**
|**Income**
Donations
Collection boxes
Fundraising events
Estuary view cafe
Subscriptions
Income tax recovered
Investment income
Dividends received
Other fundraising
Estuary view cafe expenses
**Administrative Expenses**
Affiliation fees & insurance
Accountancy fees
Portfolio fees
Bank charges
Sundry expenses
AGM expenses
Equipment donated
Garden expenses
Depreciation
Newspapers
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
**(DEFICIT) FOR THE FINANCIAL YEAR**|**2023**
**£**
**£**
44,543
696
3,631
10,755
857
-
27
8,649
**69,158**
2,067
5,443
**(7,510)**
840
888
3,846
259
38
120
35,153
72
99
645
**(41,960)**
**(24,860)**
**(5,172)**|**2023**
**£**
**£**
44,543
696
3,631
10,755
857
-
27
8,649
**69,158**
2,067
5,443
**(7,510)**
840
888
3,846
259
38
120
35,153
72
99
645
**(41,960)**
**(24,860)**
**(5,172)**|**2022**
**£**
**£**
5,115
29
2,383
47
320
570
5
8,824
**17,293**
1,139
609
**(1,748)**
-
840
4,409
125
89
100
74,386
-
-
492
**(80,441)**
**18,142**
**(46,754)**|**2022**
**£**
**£**
5,115
29
2,383
47
320
570
5
8,824
**17,293**
1,139
609
**(1,748)**
-
840
4,409
125
89
100
74,386
-
-
492
**(80,441)**
**18,142**
**(46,754)**|
|---|---|---|---|---|
|||**69,158**
**(7,510)**
**(41,960)**
**(24,860)**|||
||840
888
3,846
259
38
120
35,153
72
99
645||-
840
4,409
125
89
100
74,386
-
-
492||
||||||
|||**(5,172)**||**(46,754)**|
This page does not form part of the statutory financial statements Page 10