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||Page|
|---|---|
|HeferenceandAdministrative lnformation|'l|
|Report ofthe Trustees|2-6|
|lndependent Examiner'sReport|7|
|Consolidated StatementofFinancialPosition|I|
|Consolidated Statemento{ FinancialActivities|I|
|Consolidated Cash Flow Statement|'t0|
|Notes tothe Consolidated Financial Statements|11-15|
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|TRUSTEES:|MrCBarrell|
|---|---|
||MrsA Bartaby|
||MrV Cinque|
||MrsHCorcoran|
||MrsSEwan|
||Mr M Fry|
||MrNHandbury|
||MrCHawkins|
||MrsE Kingston|
||Ms SOliver (resignedJuly2021)|
||MrsJParsons|
||MrP Renshaw|
||MissJ Steer|
||MrsCWaterman-Smith|
|SECRETARY:|MrsA Bartaby|
|ADDRESS OF||
|PRINCIPALOFFICE:|LeaEueofFriends Shop|
||MusgrovePark Hospital|
||Taunton TA1 sDA|
|REGISTERED CHARITY||
|NUMBER:|25A797|
|INDEPENDENT||
|EXAMINER:|MHA Monahans|
||SuiteB|
||BlackdownHouse|
||BlackbrookParkAvenue|
||Taunton TA1 zPX|
|BANKERS:|Lloyds Bankplc|
||31ForeStreet|
||Taunton|
||TA11HN|
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||Note|TheGroup
2920
2021|TheCharitv
2021
2020|
|---|---|---|---|
|||g
e||
|FIXED ASSETS
Tangible|213|301,318
320,825|299,524
318,583|
|CURRENT ASSETS||||
|Stock
Debtors and Prepayments
Bank Balances
Cash|4
5
16,736
4,677
1,779,984
650
w
15,429
4,983
1,542,191
4,211
1,566,814||zt,geo
ga,zos
1,732,7231,422,622
33
211
@
-Tsztpe6|
|DEDUCT:CURRENTLIABILITIES
Creditors due withinoneYear||15,893|3,660
1,300|
|NET CURRENT ASSETS||1,786,'154|1,519,796|
|TOTALNET ASSETS|J,ogZJ{J_=lgqgflg_||_?,05qf9!_-l,g$Jzg-|
|INCOME FUNDS
Restricted Funds
Unrestricted Funds-Designated
UnrestrictedFunds- Undesignated|I
9|38,452
192,695
15,027
367,222
1,856,3241,487,470
2,087,4711,869,719|38,452
15,027
192,695
367,222
1,825,433
__?I56,58L_1,838,929_|
##
|ConsolldatedStatementof Financial Activ
forthe YearEndgd31Januarv2021|itiga|||||||
|---|---|---|---|---|---|---|---|
|||2021
Unrestrieted
lunds
c|2021
Bestricted
funds
€|2021
TotalfundE
T|unreltrictfi
tunds
EE||-.ffi
lunds|
||llole|||||||
|INCOMING RESOURCES||||||||
|Donations and Gifts
Legacies and Estate lncome Received
lnlerest Received||29,507
581,933
3,361|25,300|54,807
581,933
3,361|44,750
163,719
7,798|37,420
163,719
7,798||
|Fundraising Activities
Other income
Gross lncomeofTradingSubsidiary|11|3,791
750
242,276|b-|3,791
750
242,276|27,088
700
455,058|27,488
700
455,058||
|Governmentgrants receivedinTradingSubsid11
TOTAL INCOMING BESOURCES||26,333
887,951|25,300|26,333
913,251|'I13|691,783||
|Expenditure on:||||||||
|Raisino funds||||||||
|Costs ol Trading Subsidiary:
CostolSales
Administration Expenses
Depreciation|11
11|174,952
70,374
M8||174,952
70,374
448|298.571
63,379
914|298,571
63,379
914||
|Charitable Activities||||||||
|Direct Charitable Expenditure
Management&Admin
ghop refurbishment
Depreciation
Onproiects|7
1d|10,321
916
19,059
417,554|r,ezs|10,321
916
19,059
415,429|5,087
1,032
19,080
148,266|5,087
1,032
19,080
137,175||
|TOTAL RE$OURCES EXPENDED||---mfe4*|___lf_r_5_|-!6Ea6o-||||
|NET INCOMING RESOURCES.||194,327|23,425|
217,752||||
|Fund Balances brougfit forward
at1st February||1,854,692|15,027|
1,869,719||||
|FUND BALANCEScarrled lorward||||||||
|at 31stJanuary||_lMp19_|______9eJre_|_2J8f,4rL||||
|t!:aqueolFriendsMl*Sqrove ParkHospital|||
|---|---|---|
|ConsolidatedCashFlowStatement at31Januarv|2021||
||2421|2A20|
||g|E|
|Cashflows from operalingactivities|||
|Net movementinfunds|230,869|173,804|
|Cashflowfrominvestingactivities|||
|lnterest income
Purchase of tangiblefixedassets|3,363|7,798
(2,242)|
|Net cashfrominvestingactivities|3,363|5,556|
|Decrease in cash andequivalents|-w|-ffi0-|
|Total funds at beginningofYear|1,546,402|1,367,042|
|Totalfundsat endofYear|-78-',E'5r||
|Reconciliationolcashflows froELoperatino activities|||
||2921|2024|
||g|f|
|Netincoming resourcesfor the reporting period|217,752|162,784|
|Adiustmentsfor:|||
|Depreciationcharges|19,507|19,994|
|Interestfrominvestments|(3,361)|(7,7e8)|
|(lncrease)/Decrease in stock|(1,307)|(2,764)|
|(lncrease)/Decreaseintradeandotherdebtors|306|(488)|
|lncrease/(Decrease)intradeandother creditors|e,a28)|2,476|
|Netcashprovidedbyoperatingactivities|230,869|173,804|
|Analvsisofchangesinnetfunds|||
||31t01t202'.1|CIlt02t2029|
||fL|t|
|Cashand in hand andin bank|1,780,634|1,546,402|
||31t01t2020|01t02t2CI'19|
||c|E|
|Cashandinhand andin bank|1,546,402|1,96?w|
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|TANGIBLEFIXED ASSETS||||||
|---|---|---|---|---|---|
|Group
COST/BOOK VALUE|FreehqldLeasehold
Landandimproveme
Buildinas ntg
Eouiprnent
tEggg|||Furnilure
&Fittings|Total|
|To31stJanuary2020|70,000276,5_4A25,5_6724,577||||396,684|
|Additions||||||
|Disposals
To31stJanuary 2021|7O,OOQ276,544 25,567 24,5V7||||396,684|
|DEPRECIATION
To31st January 2020||40,482|22,360 13,0'17||75,859|
|Forthe Year||13.827|821||19.507|
|To31st January2021||||||
|NETBOOK VALUE||||||
|At3.1stJanuary202'1||||||
|At31stJanuary2020||||||
|Charitv|Freehold|Leasehold||||
||Land and|imorovema||Furnlture||
||BuildinqC
E|nts
E
Equipmeni
g||&Fittinqp
gg|Iotal|
|COST/BOOK VALUE
To31st January 2020|70,000|276,5-40|2,2-05|24,577|373,322|
|Additions||||||
|Disposals
To 31st January2021|70,000|276,540|2,205|24,5V7|373,322|
|DEPHECIATION
To 31stJanuary2020
FortheYear|-
-|40,482
13,827|
1,240 13,017
373
4,859||
54,739
19,059|
|To 31st January2021||||||
|NETBOOKVALUE
At3lstJanuary2A21
At 31st January2020|70,000r?2,?31
?0CIq92q9,q58||,|||
##
||
Theremaininglandhasbeenprofessi
agriculturaluse.|onally valued at|
870,000on the|
basis of existing||
|---|---|---|---|---|---|
|||2ffi1||'29||
|4.|STOCK
Finished goodsforresaie|TheGroupTheChariiy
tt
16,736
-||TheGroupThe
sg
151429|Charilv
-_|
|5.|DEBTORS DUE WITHINONEYEAH|||||
||Other Debtors|||4,256|97,536|
||Prepayments andAccruedlncome|||727|727|
|6.|CREDITOHSDUE WITHIN ONEYEAF|||||
||Trade Creditors|7,624|1,550|7,953||
||VAT|4,358||o,.J.,/||
||Accruals|15,89,3=,.3,96q
3,911
2,110||3,630
u,9?q|1,300
1;0.0|
##
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|EXPENDITURE ON CHARITABLE ACTIVITIES|||||
|---|---|---|---|---|
|Directcharitable activities|Undesiqnaied
!gg-|DesionatedBestricted
417,554
1,875|Total202'l
Eg
419,429|Total2020
148,266|
|Support costs:
Bungalow and Shop refulbishment
'Marketing and Fundraising Consultants
Audit and Accountancy
Depreciation
Other|916
1,195
2,000
I9,059
7,126||916
1,195
2,000
19,059
7,126|1,032
504
1,462
19,080
3,121|
##
|RESTRICTEDFUNDS||||||
|---|---|---|---|---|---|
||Balanceat||MovemenlinFunds||Balance at|
||lstFebruarv
2o2o
gtgg|lncominq
ResourcesUtilisedReleased|||31stJanuarv
2021
g|
|Hestercombe garden|605||||605|
|Bungalow Donation|1,575|||(916)|684|
|Mobile Kidney Machine-legaey|10,000||||10,000|
|Dunkery(stroke) Ward|201||||201|
|EliotWard|187||||187|
|Acutre Medical Unit|307||||307|
|Cardiology|213||||213|
|Beacon Centre|960||||960|
|Ward9|151||||151|
|Bracken Birthing Centre|684|||(684)||
|ICU(Minehead 41 Club)|50||||50|
|ICUin memoryDeanThompson|94||||94|
|Ultrasound Vein Scanper(Dumpleton)
Cooper Maternity&A&E||25,000
275||titst|25,000|
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|DESIGNATED FUNDS|||||||
|---|---|---|---|---|---|---|
|Dementia friendly games and aciivities (frombo|Balanrp a!
1stFebruarvNew
2420
De$ionations
gt
300||Utilised|Released
!
(300)||Balance at
31st Januarv
2021
I|
|Nasoendoscope ENT
Flexible lntubation Video Endoscope|1,210
5,630||||(1,210)
(5,630)||
|Gynae HystEroscopes
T&O high speed burr|44,000
11,000||tss,3zol||(4,6_241|11,000|
|Specular Microscope|4,505||||(4,505)||
|Exmoor Ward TV|200|||||200|
|MP3 players -redementia patients(F2doctors)|BO|||||80|
|Paediatric diabetes dieticians' equipment(bookr
Anti choking training equip
Bracken Ward & birlhing pool
Materniiy new born kits|320
660
299,316
-|877|(62s)
(299,316)
(242)||i'|3_20
635|
|Transfer aid - Sara Stedy AMU|-|820|(820)||||
|AAC devices (ipad$etc)|-|4,400|(3,844)||(5s6)||
|Portable paediatric tesVfitting solution|_|8,500|(8,250)||(2s0)||
|Endoscopy Scope Guide and Monitor|-|45,815|||(45,815)||
|Urology Cystoscopesx4
ENTOPD Deeontamination Machine
Ultrasound Machine|-
-
-|98,000
32,850
25,293|(3e,420)
(2s,293)||6,570|98,000|
|FernWard garden area
Duplex machine vascular surgery
3D Model scanner|-
_
-|1,260
64,000
17,200||||1,260
64,000
17,200|
##
||Unresiricted|Restricted||
|---|---|---|---|
||Funds|Funds|Total|
|Fund Balances at31st January 2A21 are||I||
|representedby:-||||
|TangibleFixedAssets
Current Assets
Current Liabilitie$|301,318
1,763,594
1|ea.isz|30'l,318
|,802.A47|
##
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|A summaryoi'itstrading r|esult for lhe|year ended 31st Januaryisshow|nbelow.||
|---|---|---|---|---|
||||?02L|2020|
||||E|g|
|Turnover|||z.+t-zIo|455,058|
|Cost of Sales
Gross Profit|||174,g52
67,324|298,571
156,487|
|Other lncome|||||
|Government grants received|||26,333||
|Administration Expenses||-Statf Costs (see note12)|59,837|55,046|
|||-Accountancy
-0ther|1,773
8,764|1,746
6,627|
||||70,374|63,379|
|DepreciationofFixedAssets|||448|914|
|NetProfit|||22,835|92,194|
|Gross paymenttothe Charity as Gift Aid|||(23,283)|(90,645)|
|Hetained in / (Withdrawn|from) the|subsidiaryundertaking|{448)|1.549|
|12. STAFF COSTS|-The Group||||
|Wages and Salaries|||55,901|51,513|
|Social Security Costs|||3,936|3,533|
||||59,837|55,046|
|The average weekly numberolemployees was|||||
|13.MANAGEMENT AND ADMINISTHATION EXPENSES|||||
|Marketing and Fundraising Consultants|||1,195|504|
|Audit and Accountancy (lncluding lndependent Examination)|||2,000|1,462|
|Other|||7,126||
##