REGISTERED CHARITY NUMBER: 233828
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
THE FRIENDS OF WHITSTABLE HEALTHCARE
THE FRIENDS OF WHITSTABLE HEALTHCARE
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024
| 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 |
THE FRIENDS OF WHITSTABLE HEALTHCARE
REPORT OF THE TRUSTEES for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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).
CHANGE OF NAME
On 04 June 2024, the charity changed its name from Friends of Whitstable Hospital and Healthcare to The Friends of Whitstable Healthcare.
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 £243,719 (2023: £35,153) 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:
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Selected suitable accounting policies and then applied them consistently;
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Made judgements and estimates that are reasonable and prudent;
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Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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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
TME FRIENDS OF WIITfsTABLe HeAiTIKA f•r lh• Yur Ethded 31 Il•rth 2014 REFEREIICE AND AD•IINZSIIIATI¥E DETAn$ 1<4rt1nwd) Trust••i Hts G e•k¢r {Chalvrts>n) I1 M E Ahem (Vic• Ch•lnninl Ms A L Pwd( (S•ry) - resbjned 10.10.23 P Ca1115 Mrs L Oo¥ Mws B Tllky Mrs C Ntls¢n Hrs E Swan-8m- )rp)knted 10.10.33 Mi> J E Buckm• •gpolnt•4 10.10.23 rn¢lp•ftd•nt •Mrnln•r Hiry Adaffj5 Ltd ChartEred A£counr•nts 158 trhgh Strwt erne Bay Kgnr CT6 5NP ApFw¥¢d by thE tard CItrtreS on 1061 nd wed on Irs ljehall ty.. Mrs G aaker (c*M11- Trwtw
THE FRIENDS OF WHITSTABLE HEALTHCARE
STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) for the Year Ended 31 March 2024
| Funds 2024 Notes £ Incoming resources: Voluntary income: Donations & legacies 1,194 Investment income 2 293 Dividends received 9,900 Activities for generating funds: Fundraising income 3 17,258 Incoming resources from charitable activities: Subscriptions 695 Income tax recovered - Total incoming resources 29,340 Resources expended Costs of generating funds: Raising funds 8,193 Charitable activities 256,060 Total resources expended 4 264,253 STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES Net incoming resources before other recognised gains (net income for the year) (234,913) Other recognised gains Gain/(loss) on revaluation of investments 17,475 Net movement in funds (217,438) Total funds brought forward 443,116 Total funds carried forward 10 225,678 Unrestricted |
Restricted Funds 2024 £ - - - - - - - - - - - - - - - |
Total Funds 2024 £ 1,194 293 9,900 17,258 695 - 29,340 8,193 256,060 264,253 (234,913) 17,475 (217,438) 443,116 225,678 |
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 |
Movements in funds are disclosed in Note 10 to the financial statements.
The notes form part of these financial statements
Page 3
ThE FAZENOS OF WIIITsfABLE HEALTHCARf STAYtMEPlT OP PJIIANCIAL POS17ZON for the Year Ended 31 F4•reh 1024 31.3.24 31.3.23 nxro AsseTS Tangible Assets Inv•strn¢nts ioi 2fK) 374.910 351,081 CURREPIT A55EIS 74.648 93.137 Orher detrtOTS 93,lJ7 CREDITORS AmounLS fiilling Oue ithlTh one ye•f 224 SY41 NeT ciif¢ftiNT ASStTSIIUA•ILfTIIS) 149 2SOI 70TILL ASSETS LESS cuRAeMT LIABILrrzes 443 116 PU14DS Unrestrted fund8 io 225 6Y8 Tho cfiartty Is entsw ro ¢x4mptb)n audir un(Iv sn 477 of th• C¢mpJr•s Act 2Q)6 lor tl voar 4nded 31 Marth 2024. The rnernbe Thave ntrt required the thanty to obtalrl an audr( ol ts financkil sthtemts for ihe vtar em 31 MArch ?024 In accordance with Sectw)h 476 01 Cw¢•rt Art 2Tr)6. The trustee5 acknowledge rheir rg5wnlI for.. lal ensuring thbi the ch•dty keeps •rwvntlng re5 whkh (Dmply lth Secrk)r 386 387 of th Cowpanits Act 2006 aThd Ibl preparlDg financ1 statemeftts whKh g¢ve • tnte and lair vw ol rhe sièie of èryairs ol the coffjpany as at the ena of each finoncl year ènd ol rfs suW$ ¢X lor e4ch financial Yèf In acctrTdartce wirh rhe Ulrerfftnts O15ectnS 394 and 395 and which 018 cCfflp With the wuirentsts tsl the Compjnles Act 2006 re)0 to linanoal staremwts. so fèr a$ applub to the compony, The fin•rKwl stsrerrents hav¢ boen prepared In a¢¢¢yd•n¢e Wilh FaTr¢•I Repon9 Standard I02 "The FIDdnci•l Rtwrting Standard apka4 m Ethe UK ol IrElllnd- and the COmpanS Aci ?¢y)6. Th fin•n¢i•l t•rnets were •pwoved by of tnjstees on on ts beha¥ tr4: V4ere rs G 8aker Ichai
THE FRIENDS OF WHITSTABLE HEALTHCARE
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024
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
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Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectivities of the charity.
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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:
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Grants and contract funding payments are recognised when receivable;
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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:
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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.
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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.
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INVESTMENT INCOME
| Investment income | |
|---|---|
| 3. | FUNDRAISING INCOME |
| Fundraising events | |
| Collection boxes | |
| Estuary view café |
| 31.3.24 £ 293 293 31.3.24 £ 5,097 478 11,683 17,258 |
31.3.23 £ 27 |
|---|---|
| 27 | |
| 31.3.23 £ 3,631 696 10,755 |
|
| 15,082 |
Page 5
continued…
THE FRIENDS OF WHITSTABLE HEALTHCARE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
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 Hospital funding Usage Other Usage Total resources expended |
Charitable activities 2024 Total £ £ 2,170 2,170 6,023 6,023 901 901 80 80 888 888 266 266 243,719 243,719 897 897 3,723 3,723 99 99 5,270 5,270 217 217 264,253 264,253 |
2023 Total £ 2,067 5,443 840 120 888 259 35,153 645 3,846 99 - 110 |
|---|---|---|
| 49,470 |
Page 6
continued...
THE FRIENDS OF WHITSTABLE HEALTHCARE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees’ Expenses
During the year, the following trustees were reimbursed expenses: Mrs A Buck £12 Mrs L Doyle £5,219.52 Mrs G Baker £25 Mrs C Nelson £27.59 Mrs M Ahern £42
6. TAXATION
As a charity The Friends of Whitstable 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
| Plant and machinery etc. £ COST OR VALUATION At 1 April 2023 299 Additions - At 31 March 2024 299 DEPRECIATION At 1 April 2023 99 Charge for year 98 At 31 March 2024 197 NET BOOK VALUE At 31 March 2024 102 At 31 March 2023 200 |
Plant and machinery etc. £ COST OR VALUATION At 1 April 2023 299 Additions - At 31 March 2024 299 DEPRECIATION At 1 April 2023 99 Charge for year 98 At 31 March 2024 197 NET BOOK VALUE At 31 March 2024 102 At 31 March 2023 200 |
Plant and machinery etc. £ COST OR VALUATION At 1 April 2023 299 Additions - At 31 March 2024 299 DEPRECIATION At 1 April 2023 99 Charge for year 98 At 31 March 2024 197 NET BOOK VALUE At 31 March 2024 102 At 31 March 2023 200 |
Plant and machinery etc. £ COST OR VALUATION At 1 April 2023 299 Additions - At 31 March 2024 299 DEPRECIATION At 1 April 2023 99 Charge for year 98 At 31 March 2024 197 NET BOOK VALUE At 31 March 2024 102 At 31 March 2023 200 |
|---|---|---|---|
| 299 | |||
| 99 98 |
|||
| 197 | |||
| 102 | |||
| 200 |
8. FIXED ASSET INVESTMENTS
| Other investments £ COST OR VALUATION At 1 April 2023 350,881 Revaluations 23,945 At 31 March 2024 374,826 NET BOOK VALUE At 31 March 2024 374,826 At 31 March 2023 350,881 |
Other investments £ COST OR VALUATION At 1 April 2023 350,881 Revaluations 23,945 At 31 March 2024 374,826 NET BOOK VALUE At 31 March 2024 374,826 At 31 March 2023 350,881 |
Other investments £ COST OR VALUATION At 1 April 2023 350,881 Revaluations 23,945 At 31 March 2024 374,826 NET BOOK VALUE At 31 March 2024 374,826 At 31 March 2023 350,881 |
|---|---|---|
| 374,826 | ||
| 374,826 | ||
| 350,881 |
Page 7
continued…
THE FRIENDS OF WHITSTABLE HEALTHCARE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
8. FIXED ASSET INVESTMENTS (continued)
Cost or valuation at 31 March 2024 is represented by:
| Other | |||
|---|---|---|---|
| investments | |||
| £ | |||
| Valuation in 2024 | 374,826 | ||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.3.24 | 31.3.23 | ||
| £ | £ | ||
| Other creditors | 224,534 | 1,102 |
10. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | |||
| At 1.4.23 | in funds | At 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 443,116 | (217,438) | 225,678 |
| TOTAL FUNDS | 443,116 | (214,438) | 225,678 |
Net movement in funds, included in the above are as follows:
| Incoming resources Resources expended £ £ Unrestricted funds General fund 29,340 (264,253) TOTAL FUNDS 29,340 (264,253) |
Other gains Movement in funds £ £ 17,475 (217,438) 17,475 (217,438) |
|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024 or 31 March 2023.
Page 8
CHARfEReD AccoufiTAt4TS' IFIDEPENDENT EXAMIIIER'S REPORT 70 ThE OOARD OF TRusfEES ON Tht L114ALIDITeo nNAP4CtAL sfATEMEIITS OF TIIE FRIENDS OF WMJTSYABLE HEALTHCAR I'le report on thÈ accounts of the tt)mnY for Ihe year endwj 31 Marth 2024. are sot Out On ?:qQ= 3 to 8. Resp•ctlv• respOnbIlItIeS ol trtets and exomin•r -, Ye tfJStee5 ere reSmn%ib for tho Pfepbr•iKin OF the actouThrs. The tru5tce5 con5wkr that an aud¢ 15 7-c rsouirod for this year under seuK>n 144 of ChaDtS Act ?011 (the 201 J Act) and that an Inaepenoeni examiTratitsn is needej. Having sats5rd our5•e$ that fle chènty $ nrt subiert to uDdEriompanv •nd L¥ elmibko for Qx•min)tfi. It Our 111.111lY fo." examine the attount5 under Sgthon 145 of the 2011 Art.. tt) follow the procodu down in tho geneval Direcbon$ 9ivw h the Chanty CoTr.m15s100 under settnn L451Sllb%¢ of the ?Dll Att.. OAd tD Stslè whether partiCiJl2r Mtter5 havé come to our •ttentson. I 01 Snd¢pEnd•nt •x•min•f¥ r• Otrr •xominatwJn was carried out In accoroanc the ernI Ilrftrtions by ihe Charty C¢mmLSSlun. An examinatiori incltsdes • revthy ol the ac¢ouniin9 record5 kegt by the charity and omgarlson the arLo¢Jnrs prent witfy those rKor¢s. It also inJude5 consiowatkin ol any unusual Items or ¢05 In the aca)unts, and s•ekmg •xElonabons Irorn you as Irustees c¢ncerning any such tter5. The untsryoken (io not provtyje all the evtt8ence that would be requir In èn otsdit ènd cons•4tsentty no Opthmin L4 glvon as ro fiether the accounts prewt 'true an¢J tair vevrf' ond the rewrt to those rnatte set oul .n rhe Wiprnmt 0. Ind•Mnd•nt •x•mln•r'• rt•tement In connottkn With CrexamIna0ty, no Thtt•r h•s iome to Ouratt•ntTh: 111 which 9lv•s W80nab cause th be[e that In •nv m•t•ri•l reswt th• wvlrnments.. lo keep accounting r•<vrds th act1r. 386 01 th¢ Cthmp4Th1¥s ALI IW6'. •nol to prepa ocetsunts bvhth Jccord with ihe aCCOVDtllbO T•c¢rdS. c¥ ltre accounty r4vir£ffjenLS of Mttion 396 of tht CemnieS Act ?[ •nol Wi¢h tho merh¢)(15 and prncir4es of rhe Stèlirnt ol Recornmended Pra¢tk'. Accoutho ¥nd R•mTh9 by thantyes have npt been m¢t.' or 121 ta which, in our onIon. •t¢onboTr thoull be drawn In ordBr tD a woper undersundino of the ?ccounrs ro b• 1187 Adams Ltd Chartered Jlccounrants 158 5trot Horne Bay CT& 5rip Date.. t+ 2¥ P&9
The Friends of Whitstable Healthcare Detailed Income and Expenditure Account For The Year Ended 31 March 2024
| Income Donations Collection boxes Fundraising events Estuary view cafe Subscriptions Investment income Dividends received Other fundraising Estuary view cafe expenses Administrative Expenses Affiliation fees & insurance Accountancy fees Portfolio fees Bank charges Hospital funding Sundry expenses AGM expenses Equipment donated Garden expenses Gifts Depreciation Newspapers Realised recognised gains and losses Realised gains/(losses) on fixed asset investments (DEFICIT) FOR THE FINANCIAL YEAR |
2024 £ £ 1,194 478 5,097 11,683 695 293 9,900 29,340 2,170 6,023 (8,193) 901 888 3,723 266 5,270 14 80 243,719 136 67 99 897 (256,060) 17,475 (217,438) |
2024 £ £ 1,194 478 5,097 11,683 695 293 9,900 29,340 2,170 6,023 (8,193) 901 888 3,723 266 5,270 14 80 243,719 136 67 99 897 (256,060) 17,475 (217,438) |
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) |
|---|---|---|---|---|
| 29,340 (8,193) (256,060) 17,475 |
||||
| 901 888 3,723 266 5,270 14 80 243,719 136 67 99 897 |
840 888 3,846 259 - 38 120 35,153 72 - 99 645 |
|||
| (217,438) | (5,172) |
This page does not form part of the statutory financial statements Page 10