LEAGUE OF FRIENDS OF UNIVERSITY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST Charity number: 249466 TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
LEAGUE OF FRIENDS OF UNIVERsrrY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST CHARITY INFORMATION Chairman: MrA Howard Hon. Treasurer: Mr D Springthorpe Hon. Secretary: Mrs G Babev Non-office holding trustees: Mr R Greene Mr L Frewin Ires18ned 17 April 20231 Mr A Marks (appointed 5 September 2022} Ms S Rogers Mrs C Gardiner (appointed 7 November 20221 Mr N Burt (appointed 7 August 20231 opted Members: Msc Smith (Voluntary Services Officel Commlttee.. Trustees A Howard. D Sprinuhorpe, G Babeyi A Marks, S Ro8er5 and C Gardiner are the members ofthe committee. Prln¢lp•l Bankers: Lloyds Bank PIC 92-94 Above Bar Street Southampton 5014 7DT ndependent Exarnlners: Knight Goodhead Limited 7 Bournemouth Road Chandle¢s Ford Eastlei8h Hampshire S053 3DA Central Offl¢e: Mailpoint 110 University Hospltal Southampton Tremona Road Southampton S016 6YD Tel/Fax 023 8079 63
LEAGUE OF FRIENDS OF UNIVER5ttY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2023 The Trustees present their annual report together with the Flnancial Statements of the Charity for the year ended 31 March 2023 Referente and adrnlnlstratlve detslls The Charity registration number is 249466. The information shown on page i forms part of this report. Charitable oblects The objects and workin8 practices of the League of Friends of University Hospital Southampton NHS Foundation TfLlSt set out in the Objects and Rules of the Society are as follows: i. to mobili5e, encourage, foster and maintain the interest of the public in the patients, and the support of the work for University Hospital Southampton NHS Foundation Trust by means of voluntary seNice. 2. to raise funds for the benefit of the patients and nursin8 Staff of the hospital. 3. to Co-operate with all other bodles for the benefit of the hospital seprfi¢e. Worklni pr4ctl¢•s l. The Committee has quarterly meetings where applications for 8rants are considered. In decldln8 whether to support a particular request, the Committee 15 mindful of the benefit that will be received by the respective beneficlarie5 and that the use of funds is èli8ned with our charitable objectlve5,' the public benefit of patients and nursing staff of the Hospital. The committee met five times durin8 the year to consider such applicitions. 2. The Committee have referred to the guidance contained in the Charity Commission's general 8uidance on publlc benefit and confirm that our activities are appropriate 3. The policy on working reserves Is to keep adequate funds in place to satisfy further commitments, whlch may arlse. 4. Adequate Insurance is held against personal injury and identified risks. 5. The Trustees continue to review the major risks to which the Charity 15 exposed and implement pollcies and procedures to manage those risks as appropriate. 6. All of the Trustees glve their time freely and no trustee remuneratbon was paid during this or any other prior financi31 year. Reimbursement of travel of expenses paid to volunteers amounted to £4,99112022: £901, of which £2,44112022: £nil1 wa5 rekmbursed to trustees. 7. Nominations for a vacant office or committee membership are approved by the Committee and the individual appointed to fill the casual vacancy. The respertive individual is proposed for re-election at the next Annual General Meeting IAGMI. Member5 of Committee are elected for three years however at least one third of the Seing rnembers have to offer to Stand for re-election at each AGM. All Individuals holdin8 office are apwinted for a one year tem and have to Stand for elertion annually at the AGM.
LEAGUE OF FRIENDS OF UNIVERSITY HOSPtfAL SOUTHAMPTON NHS FOUNDATION TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2023 (contlnued) Achievements and perforrnance The charity restarted its Hospital F level tea bar from May 2022, operating five day5 per week seNing hot and cold drinks, snack5, biscuits and confertionery. along With personal toiletry items. Committee and Trustees Mr A Howard, Mr D Springthorpe and Mrs G Babey retld by rotation at the Annual General Meeting held on 17 April 2023 and were reappointed as officers at that meeting. The other members of the Committee were also reappointed at the AGM. Flnanclal Review Income and expendlture account The chayity has been succe55fully tradin8 since May 2022 from its tea bar. Its operatin8 surplus for the year amounted to £38,555 frorn tea bar sales of £120,866. The overall Sufplus for the year wa5 £27,84312022'. deficit of £5,116) and from this and from it's opening bank l)alances, the charity paid out over £81,0(KJ by way of grants to various departments a¢ross the hospital. Balance sheet As at 31 March 2023 total charltable reserves were £163,35012022- £135.5071. Total funds include £155,996 held a5 cash at bank with UK banks, namely Lloyds Bank PIC and Shawbrook Bank, who operate the CAF bank Ideslgned for use by charities). ReseFves pollcv A5 at 31 March 2023 the Charity held free reserves of £163,35012022.. £135,507), which the Trustees consider approprlate for its current level and Tange of activities. Given the nature of the Charity'5 activities the Trustees do not consider it necessary to fix a target level of reserves. Plans for the future and operatlons after the balance sheet date Since the restart of the tea baf, trading has been remarkable with daily taking exceedin8 £1,000. This could not have been achieved without the retention of our long standin8 volunteers and recruitment of many new volunteers all going the extra mile. There continues to be a more concerted effort to raise the profile of the Charity within the local communitv and make the Charity more widely known. The Trustees take thls QPPOrtunity to record their thanks to all of the volunteers of the League of Friends of Unlverslty Hospltal Southampton NHS Foundation Trusi for their support.
LEAGUE OF FRIENDS OF UNIVERSITY HOSPITAL 50UTHAMPTON NHS FOUNDATION TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2023 (continued) Statement of Trustees, Responslbllltles The Trustee5 are responsible for preparing the Annual Report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparin8 financial statements giving a true and fair view the Trustees should follow best practice and.. • select 5Ultable accounting policies and then apply them conslStentlv- • obseNe the methods and principles of the Charities SORP and make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departure5 disc105ed and explained in the financial statements- and prepare the financial statements on the going concern basis unle55 it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping accounting records which disclose, with reasonable accuracy the financial position of the Charity, and enable them to ensure that the financial statement5 comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responslble for safeguardln8 the assets of the Charlty and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularltles. The Charity's trustees confirm they have complied with the duty in section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission relatin8 to public benefit disclosures. Thls report and the Financial Statements have been prepared in accordance with Accounting and Reporting bv Charlties: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS1021 (effective I january 20191- (Charitles SORP IFRS 102)). Approved by the Trustees on and sl8ned on their behalf by.. 23 A Howard Chairman
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEAGUE OF FRIENDS OF UNIVERSITY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST I report to the trustees on my examination of the accounts for the year ended 31 March 2023, which are set out on pa8e5 6 to 12. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the 2011 Act'l. I report in respect of my examination of the charlty's accounts carrled out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable direction5 given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner'5 5tatem¢nt I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 8ivin8 me cause to belSeve that Sn any material respect: accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act,. or • the account5 do not accord wlth those records,. or the accounts do not comply with appllcable requlrements concernlng the form and content of accounts set out in the Charitie5 (Accounts and Reportsl Re8ulations 2008 other than any requirement that the accounts glve a 'true and falr vSew' whichls not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come across no other matters in connection with the examination to which attention shoLtld be drawn in this report in order to enable a proper understanding of the accounts to be reached. CJ GOODHEAD FCA Knight Goodhead Limited 7 Bournemouth Road Chandler's Ford Eastleigh Hampshire 5053 3DA
LEAGUE OF FRIENDS OF UNIVERsrrY HOSPITAL SOUTHAMPTON NH5 FOUNDATION TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Ilncludin8 Incorne and Expenditure Account) Restricted Ufirestricted fund5 fund5 Total 2023 Total 2022 Notes INCOME Donations I,oii I,oii 20,238 Trading income - Tea Bar 120,865 120,865 Investment Income 65 65 234 TOTAL INCOME 121.941 121,941 20,472 EXPENDITURE Trading cost5 87.392 87,392 22,220 Charitable activities 6,706 6,706 3.368 TOTAL EXPENDuRE 94,098 94,098 25,588 NET INCOME I IÉXPENDITUREI FOR THE YEAR 27,843 27,843 15,1161 FUNDS BALANCE AT l April 2022 135.507 135,507 140,623 FUNDS BALANCE AT 31 March 2023 163,350 163,350 135,507 The Statement of Financial Activities includes all gains and losses cogniSed in the year. All income and expenditure in the current and prior years derive from continuing activities and for the prior year lated to unrestricted funds.
LEAGUE OF FRIENDS OF UNIVERSITY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST BALANCE SHEET AT 31 MARCH 2023 Charity number: 249466 Notes 2023 2022 FIXED ASSETS Tangible fixed assets 1,165 3,967 CURRENT ASSETS Stock Debtors Cash at bank and in hand 6,229 1,098 160,569 2,723 208,844 167,896 211,567 CREDITORS.. amounts falling due within one year io 15,7111 180,0271 NET CURRENT ASSETS 162,185 131,540 NET ASSETS 163,350 135,507 FUNDS Restricted fund5 Unrestricted funds li li 163,350 135,507 TOTAL FUNDS 163,350 135,507 Approved by the trLFStees on and signed on their behalf by: /3Math 2023 D Sprlngthorpe Hon. Treasurer
LEAGUE OF FRIENDS OF UNIVERSITY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 I ACCOUNTING POLICIES al Accountin8 convention The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 leffertive l January 20191 and the Charities Act 2011. The charity meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historlcal cost or transattion value unle55 Otherwise stated in the relevant accountin8 policy note. The accounts have been prepared on the 80in8 concern bas15. There are no material untertainties about the charitv's ability to continue. bl Income Income is recognised in the period in which the charityls entitled to receipt and the amount can be measured with Teasonable certainty. Income is deferred only when the Charrty has to fulfil conditions befo becoming entitled to It or where the dorbor has 5pe¢ified that the income is to be expended in a future period. In accordance wlth this policy, legacies are included when the charity is advised by the personal representative of an estate that payment will be made or property transferred and the amount invofved can be quantified. cl Fundra151ng tradlng.. Costs of goods sold and other expenses This comprlses the costs of goods sold from the tea bars operated by the Charity and other dirertly attributable CtS together with an allocation of the overall support COStS. dl Charitable activities expendbture Expenditure of a charitable nature Is recognlsed when incurred or earller when approval for the expenditure has been given by the Trustees along corresponding accrued liability. This liability is settled either through payment by the Charity directly to the relevant supplier of the goods or services, or through payment to the Hospital where the Charity's Ilability forms part of a wider Hospttal projert or involves multiple suppliers. The Charity does not retain title to any items purchased that are donated to the Hospital nor Incurs any further liabilities related to the use of those itern5. el Cash flow statement The Charity has tsken the exemptlon available to small entities and has not prepared a cash flow statement.
LEAGUE OF FRIENDS OF UNIVERsrrY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (continued) fi Tangible fixed assets Tangible fixed assets are included at cost including any incidental costs of acquisition. Depreciation is provided on all tsngible fixed assets to write off the cost on a straight line basis over their estimated useful economic lives as follows- Fixtures and fittin8S OVÈf3-5 gl Stocks Purchased stocks are valued at the lower of cost or net realisable value after making due allowances for any obsolete or slow-moving items. using the fifst-in, first-out basis. INCOME Restrkted Unrestrlrted fvnds tunds Total 2023 Total 2022 Donations Rent waived i.oii I,oii 2,064 18,174 20,238 I,oii I,oii INVESTMENT INCOME R•rtrlrted Unrestrirted fvnds fvnd5 Tot41 2023 Totsl zo22 Bank interest receivable 65 65 65 65 234 234 4 TRADING AcfiviTIES Restrlrted Unrestrlrted funds funds Total 2023 Total 2022 Costs of goo(Js sold Depreciation of fixed a55ets Other runnlng cost5 Independent examination fee 70,374 70,374 3,006 13,012 9,706 7,938 3,451 1,125 13,012 1,0 Total Expenditure 87,392 87,392 22,220
LEAGUE OF FRIENDS OF UNIVERSITY HOSPITAL SOUTHAMPTON NHS FOUNDATION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (continued) 5 CHARITABLE ACTIVITIES Restrirted Unrestricted funds funds Total 2023 Total 2022 Ward equipment* patient welfare and amenities 6,706 6,706 6,706 6,706 3,368 3,368 6 TRUSTEES, EXPENSES The Members of the Committee are not remunerated for their services. All volunteers, Includlng Members of Committee, working for the Charlty receive the benefit of free parking, where needed, from the Hospital and are reimbursed by the Charity for out of pocket travel expenses. They are also entitled to one free hot beverage per day from the Tea Bar whilst carryin8 Out their duties. Out of pocket travel expenses reimbursed during the year totalled £4,991 12022.. £901, of which £2,441 12022.. £nill relates to expenses reimbursed to Trustees. Admln Tfadlni Flxtures and Flxtures and flttin85 flttlnis 7 TANGIBLE ASSETS Total Cost or valuation At beginning of year Additions In the year At end of year 1,648 24,590 204 24,794 26,238 204 26,442 1,648 De reciation At beginning of year Charge for year At end of year 1,381 134 20,890 2,872 22,271 3,006 25,277 1,515 23,762 Net book valve At end of year At beginning of year 133 1,032 3,700 1,165 3,967 267 8 DEBTORS 2023 2022 Prepayments 1,098 10
LEAGUE OF FRIENDS OF UNIVERSITY HOSpAL SOUTHAMPTON NHS FOUNDATION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (continued) 9 CASH AT 8ANKAND IN HAND 2023 2022 Current accounts Deposit accounts Cash in hand and uncleared deposits 72,996 83,OC 4.573 160.569 126,973 81,871 208.844 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade credltors Accruals 1,855 3,856 5,711 1,737 78,290 80.027 11 MOVEMENT IN FUNDS Balance at l Aprfl 2022 Balance al 31 Marth 2023 Income E¥pendlture Transfers Unrestricted Restricted 135.507 121.941 194.0981 163,350 135.507 121,941 94,0981 163,350 12 ANALY515 OF NET ASSETS BETWEEN FUNDS Restrkted Unrestrlrted funds lunds Total 2023 Fund bal8fKes es * 31 March 2023 are ffe•b Fixed assets Current asset5 Current liabilities 1,165 165,896 13,7111 163.350 1,165 167,896 15,7111 163,350 12,OWI Restricted Unrestricted fvnds funds Total 2022 Fund balances as at 31 Marth 2023 ar8 re•b Fixed assets Current assets Current liabilities 3.967 209.567 178,0271 135,507 3.967 211.567 180,0271 135,507 12,COJ The restricted fund relates to a legacy received to be specifically used towards research into brain tumours. This amount has been approved as a grant payable and is therefore included as a creditor. There is therefore no fund balance to be carried forward. 11
LEAGUE OF FRIENDS OF UNIVERSITY HosprrAL SOUTHAMPTON NHS FOUNDATION TRUST NOTE5 TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (continued) 13 PRIOR YEAR STATEMENTOF FINANCIAL ACTlVtTIES Restrirted Unre5trlrted fund5 fvnds Totsl 2022 Notes INCOME Donatlons 20,238 20,238 Investment income 234 234 TOTAL INCOME 20,472 20,472 EXPENDITURE Trading costs 22,220 22,220 Charitable activitie5 3,368 3,368 TOTAL EXPENDITURE 25,588 25,588 NET EXPENDITURE FOR THE YEAR 15,1161 15,1161 FUNDS BALANCE AT l April 2022 140,623 140.623 FUNDS 8ALANCE AT 31 MJr¢h 2023 135,507 135,507 The Statement of Flnancial Activltle5 includes all 8ains and losses recognised in the year. 14 PRIOR YEAR MOVEMENT IN FUNDS 8alance at l Aprfl 2021 Balance at 31 March 2022 Income Expendltur• Transfers Unrestrirted 140,623 140,623 20,472 20,472 125,5881 125,5881 135,507 135,507 12