REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEj￿Nrs FOR THE YEAR ENDED 31 DECEMBER 2023 FOR THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL THE LEAGUE OF FRJENDS OF WARRINGTON HOSPITAL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Page Legal & Administrative Information Report of the Trustees Statement of Financial Activities Balance Sheet Notes to tbe Financial Statements Report of the Accoulltants 10 THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL CHARITY KNFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES: Mrs K Tandy Mrs D Ferguson Ms C Chambers Acting Chair Secretary Treasurer COMMrrTEE: Mrs P Illingworth Mrs C Snelson Mrs R Hinson Mrs B Thompson ADDRESS: Warrington Hospitsl Lovely Lane Warrington Cheshire WA5 IQG REGKSTERED NUMBER: 242506 AccouNfANrs: WatkinsonBla¢k 1st Floor 264 Manchester Road Warrington Cheshire WAI 3RB BANKERS: Barclays Bank PLC Colchester High Street Colchester Essex Pagel I THE LEAGUE OF FRIENDS OF wARR￿yGT0N HOSPITAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their report with the financial statements for the year ended 31 December 2023. OBJECTIVES & ORGAMSATION The League of Friends of Warrington Hospital was founded on 12 December 1963 and is registered with the Charity Commission. No 242506. The League of Friends was established for charitable purposes only, and its objectives are as follows: To aid the comfort and wellbeing of all patients and to mobilise, encourage, foster and maintain the interest of the publi¢ in th¢ patients and the support of the work of the hospital, by means of voluntary service. To maintain the relations and associations which exist between voluntary bodies and the hospital; and to provide opportunities for such voluntary bodies to continue their activities for the benefit of the hospital. Actively to pursue the raising and provision of the funds for the purpose of supplementing, in such manner as the League thinks fiL the Tesources of the hospital service. The recruitment of voluntary workers for the L£ague of Friends of Warrington Hospital. To co-operate with all other bodies for the benefIt of th¢ hospital service. To encourage inter communication and c(Foperation with the other League of Hospital Friends or with other similar bodies. To do all such other things as are incidental or conductive to the attainment of the above objects or any of them. The management of the League of Friends is under the control of the Committee. REVIEW OF ACTIVITIES The results for the year and the financial position of the charity are as shown in the annexed financial statements. During 2023 the League of Friends received a totsl income of £42,605 from: Fund raising activities Donations and bequests Legacies The principal fund raising activities of the League during 202) were the weekly lottery, which made a net surplus of £855, and table top sales held throughout the year which made a total net surplus of £2,364. The balance of income was raised by ad hoc fund raising events. Donations were received throughout the year from members of the public and local organisations. The total donated was £33,041. Pa%e12 THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (cont.) COM￿llTTEE AIYD TRUSTEES The present membership of the Committee is shown on page l. The trustees are the elected officers of the Committee. VOLUNTEER SUPPORT In common with many organisations in the voluntary sector, the charity receives much valuable support fi.om its volunteers. We gratefully acknowledge the support and continued contribution of our volunteers with their wide ranging input to our work. RESERVES POLICY It is the policy of the charity to hold reserves in its unrestricted fund in order to establish an appropriate level of working capital and protect the future operations of the charity from the effects of any unforeseen and material variations in its income streams, as part of the policy of good financial management practice. STATEMENT OF TRUSTEES, RESPONSIBILrrKES The trustees are responsible for preparing the financial sLqtements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law requires the trustees to prepare the financial statements for each financial year which give a t￿e and fair view of the state of the financial activities of the charity and of its financial position at the year end. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently" make judgements and estimates that are reasonable and prudenL prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue business. The trustees are 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 Chai'ities Act 1993. They are also responsible for safe(vuarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page13 THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (cont.) The Committee acknowledge the significant contribution made by the charity's SUPPOrters and volunteers without whom the valuable work of the charity could not continue. ON BEHALF OF THE TRUSTEES: C Chambers Date......... Page14 THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 31.12.23 31.12.22 Incoming resources Donations & legacies Fundraising events & appeals Sundry 33,041 9564 234,040 1,760 42,60S 235,800 Cost of generating funds Weekly lottery Other fundraising & publicity 5,960 389 1,039 100 6J46 NET INCOME BEFORE EXPEIYSES 36256 234,661 Other income Deposit account interest 36256 234,661 Expenditure Grants made Administrative ¢xpenses 85J22 290 18,611 240 85,612 Depreciation Computer equipment NET SURPLUSI (DEFICIT) {49J60 215,805 PaoelS THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL BALANCE SHEET 31 DECEMBER 2023 31.12.23 31.12.22 Notes FIXED ASSETS Tangibl¢ assets 13 17 CURRENT ASSETS Cash at bank 267.424 250,211 CREDITORS Amounts falling due within one year 85,087 18,518 NET CURRENT ASSETS 182?37 231,693 TOTAL ASSETS LESS CURRENr LIABILITIES 182JS0 GENERAL FUND Unrestricted fund 182,350 231710 l82 350 231710 TRUSTEES APPROVAL We approve the financial statements of the charity for the year to 31 December 2023. ON BEHALF OF THE TRUSTEES: K Tandy Deputy Chair C Chambers Treasurer Approved by the Trustees on .......... ....... ...... Page16 THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL NOTES TO THE FINANCIAL STATEMENrs I. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared under the historical cost convention and follow the recommendations in the Statement of Recommended Practice: Accounting by Charities. Income All donations and gifts are included in full in the statement of financial activities when receivable. Investment income is recognised when receivable. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment etc 250/0 on reducing balance Expenditure Expenditure, which is charged on the accruals basi4 is allocated between: expenditure incurred directly to the fulfilment of the charity's objectives (direct charitsble). - expenditure incurred directly in the effort to raise voluntary contributions (fundraising). - expenditure incurred in the management and administration of the Charity. Grants Grants are made for the benefit of the patients. staff and visitors of the Wa￿IngtOn Hospital. Applications for grants are made by the wa￿ingtOn Hospital and are then considered and, if considered appropriate, approved by the Committee before grant is made. Fund accounting The general ￿nd is considered to be unrestricted and comprises all incoming resources received or generated for expenditure on the general objectives of the Charity. 2. DONATIONS & LEGAC]ES 31.12.23 31.12.22 In memorium Sundry & specific Bequests & legacies 178 1,980 290 750 Page17 THE LEAGUE OF FRIEI¥DS OF WARRINGTON HOSPITAL NOTES TO THE FINANCIAL STATEMENTS FUND RAlStNG EVENTS AM) APPEALS 31.1223 31.12.22 Weekly lottery Table top sales Sundry 6,815 2,748 1,275 485 TANGIBLE FIXED ASSETS Computer Equipment etc COST At l January 2023 Additions 990 At 31 December 2023 990 DEPRECIATION At l January 2023 Charge for year 973 At 31 December 2023 977 NET BOOK VALifE At 31 December 2023 13 At 31 December 2022 17 CREDITORS: AMOUNTS FALLING DUE ONE YEAR li 31.12.23 31.12.22 Accnjals 85,087 18,518 u[￿REsTlucTED FUNDS General Fund At l January 2023 Surplus (Deficit) for the year 231,710 49,360 At 31 December 2023 The General Fund is unrestrict￿. Page18 THE LEAGUE OF FRIENDS OF WARRINGTON HOSPITAL NOTES TO THE FINANCIAL STATEMENrs 7. PAYMENTS TO THE COMfvurrEE AND CONNECTED PERSONS No member of the committee or ￿rsOn with a fatnily or business connection with a member of the Committee, received any remuneration or expenses in the year, either directly or indirectly, from the charity. . OUTSTANDtNG COMMITMENTS There are outstanding commitments at the year