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2024-12-31-accounts

4ANN AL REP THE FRIEND YAL RNWALL H PITAL As we approath our 80kn y8ar of cdfation, it is to look back over ￿r aChi8ve￿ntS and succes8es dwng the past 12 rnonth5 and sharn thern with you. and take time to rnfiect on this 80 year rni185ton8. txjring 2024. w8 have rece1v￿ many generous donabon$ and Utili￿ Gift Ald to bring in a good In¢ome- thanks to all who aL80 contribute to collection boxes, leaving legac￿, memory funds, raising funds by buying online through Easy Fundrasiro or knitting squares for palliative care patient b￿nketS and twiddle muffs. Thank you. We held several fundraisng activrties - hosting a SuThlay Lunch, a Bingo Evening and selling Cream Tea and Mince Pie box88. However, our rnain income cornes from the drinks and goods S8rv8d in our Friends Coff88 Bar in the Tower block. as well as th8 mobi￿ Trolley shop which serves th8 w¥d5. Our incorne Increas￿ sgnificanlly when Ihe RCH FlOY￿ Café c1059d for refurbi5hrnent wo introduced n8w lin6$ of warm past{￿ as w811 as selling as many saThJw¢hos as KK)￿ble that could fit into th8 chi118r cabineti However, with the seNices of the FrKgnds Coffee Bar and MO￿le SkK)p, we desperately n88d mC￿e volunteers so, rf you coukl sp￿d a little time on a regular basis, we woukl lov8 to hear from you. By recruf(ing you, it would enable us to tsk8 the mobi￿ Shop every day onto the Wards where it is wami wdcorned by patients. It would also reli8V8 50ffle of our volunteers who often do mu8 than one shift in thé Friends Goffeo Bar. Wa thank tho Voluntary Sorvto Staff who try to onsure these services are run by our volunt8&rs and a thank you to all our volunte8rs for th8 pric8l•ss tim8 thèy givè. Our donation of Christmas grfts16251 which wetp wrapred and placed on the b8d%de taNe of all alult patients in hospital on Christmas Day and to those needed Cancer treatment on Boxing Day, cheer many patients. We donated financk?I grants to Therapies D8Pt, General Surgery and Cancer SD Audiology D8Pt. Eye Unit Sp8ciali%t Services, clinic￿ Support Services Th8rapy, HeadLqnd Unit, The Hub. Neonatal Unit and Trdawny TheatTrs. W8 a150 again wothed with the Vxcination Team utili5￿ part ol the Frnds Coffee Bar seating area to glve vaccinations to statt - we thank them lor glving us n6W banners in appr&iation of our supp)rt. We thanked Mr m￿hael Galsworthy, CVO CBE DL stood down as Presmlent at our AGM in AryTI, for his loyal wotl( and interest in us over the past 18 years and wdcom&l Mrs Daphr￿ S￿nnard DL as our n8w President- we look forward to workiThJ with her. Our Trustee Comrnittee has been energised with new trLL8t885 b&ing cwpted 80rn8 ￿ involved in vdunt8ering and sorne have rec8nlty retired frorn th8 FICHT and havo ltsts of contacts. Wo wdcomè othets bvho woul¢J likè to ￿1p us mako a diflorenca to th8 lrfe ol RCH and Wome involv&Y - w8 are a lriendty group who meet on th8 se¢ond hlon¢Yay of 8very m￿th and, with tasks shar8d, it does not become an 0￿rOuS task for any one indiwdual. Please do get in touch for more information. My personal thanks to the whole committ88 for supp￿Ing me thrcxjgh what has been a chaI￿r01ng yearwith rny health and IcKJking after my husband. As Friends of RCH, we pay an annu￿ subscription to AThEND a national organisalK)n which covers all Lwue of Friends who subscribe. rt is ds0 somewhere for Truste85 to 588k advice. It has been good to renow my fri0ndships with David Wood CEO and Stophen mO￿tOn. bvho have b00n such a supt)ort when W8 have had to wrrt8 a MOU IM8mDrandum of Understsndingl to c(mply with nèw govwnanc8 at RCHT- di8cussions are orooing as I wnte this report, but l am hoping we can get it signed off within the comi m￿ths. However, we will n8ed to contact all volunteers wo￿ng at RCH and seek their support In confirming that they will b8 a Fri￿d of RCH to enable us to compile a database that can b8 WO￿ almgside the RCHT database of volunte8rs - this is not an easy task given GDPR ru￿ and regulatio￿. We 8150 want to ensur8 that Friends Vdunteers are dBtirrfJuishable onsit8 by wearing ￿Jr own corporat8 Wear. as w8 pr8viousIy supplied to ￿1 volunteers pr8£ovid. We believe. with goodwill on both 5id8S. that these issues can b& resolved qui¢kly. We thank everyone involved - RCHT staff, volunteers and the publ￿ for their support. be1Kgve that it is an honour to be part of a chatity that is run entirely by volunteers to setve Cornwall¥ only Acute Hosprtal for the b8nefit of the people of cc￿M¥all. Beatnce J Dyer. Chaim?an- February 2025

Friends of the Royal Cornwall Hospital

Statement of financial activities For the year ended 31[st] December 2024

Note

Total
Income and Expenditure
Incoming Resources
Donations
2
Investment Income
Grants receivable
Activities to generate funds 3
Total Incoming resources


LessCosts of Generating Funds
Fundraising expenses 4
Charitable Donation in Furtherance of the
Charity’s objectives
5

Other Expenditure
Management and administration
6



Total Resources expended


Net Incoming Resources

Fund at 1stJanuary 2024
Fund carried forward
2024
2023
£ £
Total

125,465 67,191
1,471 549
-
-
4,408
2,462
131,344
70,202
840 847
93,375
54,966
8,335
8,233
102,550
64,046

28,794 6,156
165,345
159,189

194,139

165,345

The charity has no recognized gains or losses in the year ended 31[st] December 2024 other than those passing through the statement of financial activities.

Balance Sheet
As at 31st December 2024

Current Assets
Short Term deposits
Cash at Bank and in hand

Stock of Souvenirs
Debtors


Creditors 7

Net assets
Represented by:-
Unrestricted Fund





2024

£
95,219
97,052
1,040
1,003

194,314

( 175)



194, 139

194,139
2023
£
93,845
70,547
370
758
165,520

(175)


165,345

165,345





These accounts were approved by the trustees on And were signed on its behalf by

Chairman of Trustees

Friends of the Royal Cornwall Hospital

Notes (forming part of the accounts)

1 Accounting policie s

Basis of accounting

The accounts have been prepared under the historical cost convention and follow the recommendations in the Accounting by Charities Statement of Recommended Practice.

Donations and Legacies

Donations and legacies are recognised in the accounts when they are received by the Treasurer.

Cash flow statement

No cash flow statement has been included on account of the size of the charity.

.
2 Donations 2024 2023
Donations include the following £ £
Gift Aid & Easy fundraising 6,787 4,806
Legacies & Donations
34,304 9,032
In Memorium
1,812 2,924
Collecting Boxes 8,482 5,101
Coffee Bar
74,080 45,328
125,465
67,191
3 Activities to generate funds
Chacewater Bakery Fundraising 202 36
Bingo & Film Night 406 1,589
Christmas Cards 360 209
Cream Tea Day 2,005 -
Coffee Mornings & Cream Teas
- 518
Griggs 2023 - 110
Sunday Lunch 1,140 -
Mince Pies & Other Fundraising 295
-
4,408 2,462
4.Fundraising expenses
Reindeer Dust , Jumpers , Stockings & Cards 563 463
Cream Teas 277 -
Bingo & Film Night - 233
Contactless Donation Point -
151
840
847
5 Charitable Activities
Treliske Hospital - Donations
88,239 50,319
Travel Expenses - Volunteers 2,131 2,379
Treliske Hospital – Provisions 3,005
2,268
93,375
54,966
6 Management and administration of the Charity
Bank & Card Machine Charges 3,154 2,772
Catering Expenses - -
Repairs & Renewals - 178
Advertising 491 691
Printing, Telephone, Stationery and Insurance 1,486 1,301
Lottery Licence,AGM & Misc Expenses 29 86
Accountancy
175 205
Honorarium 3,000 3,000

8,335

8,233

7 Creditors: amounts falling due within one year

Creditors - - Accrued Expenses 175 175 175 175

8 Taxation

Corporation Tax

The trust is a registered charity and the results of its normal activities are not liable to Corporation Tax. Value Added Tax

The charity is not registered for value added tax. In these accounts, where applicable, expenditure is shown inclusive of V.A.T.

9 Reserves

Because of increased growth of the Hospital there is continued demand on the reserves of the Charity. In light of this the Trustees consider the reserves to be adequate

10 Revenue Commitments

Expenditure approved and pledged but not yet paid totals £ 51,561.61

INDF.PF.NDF.NI' F.XAMINF.RS RF.VOIiT TO THF.'fRIJSTF.F.S OF FRIF.Tr4DS OFTIIE KOYAL COKNW'AI.L 11().%PITAL RF.C.ISTLREI) CIIARITY I%UMBER 252083 I report on thc Accourtts of the Tn]s1 for the year cnd¢d 31° Dec¢mkr 2024. RESPECTIVF, KESPONSIBII.ITIF.S OF THF. TRVSTF.E5 AJ¥D EXAMINF. As the Charitics TnLStees. you 8r¢ resp)n5iblo for th¢ preparatton of the a¢counts, YOU consider thai thc audi¢ T¢qwretnents ofse¢tion 4312) ofthc Charities Act 1993 (the Act) doe5 noi apply. It is my resrAJnsibility io Stale. on th¢ b&sis of procedure5 stttified in the Genera] DLTCClions given by the Charity Commissioners Under Section 43{7) (b) orth¢ Act. whether porticu]ar matters hav¢ come lo my allention. BASIS OF INDF.PENDF.NT EXAMINERS RF.PORT My &xwninatiort carried in accordance with the General Directions giv¢n by the Charity CoTnmissioner5. An cxaminalion includcs a review of th¢ a￿OUntl118 records kepl by the Ctwity and a comparison of the ￿coUnts prc5enied with ihose yecords. It a]$0 include5 consideration of Sny Un￿sUal ilems of di￿]05￿¢ in th¢ accounts and seeking ¢xplanations from you InLStees concerning such mattcTS. Thc proccdures und¢rtak¢n do noi prowdc all thc cvid¢nc¢ that would bc required by an audit and cons¢qu¢ntly, I do noi exprc5s an awlit opinion on the view given by the acwunls. INDF.PF.NDF.NT F.XAMINF.ILS STATTr:MF.Trrr in conncctÉon with my ¢xaminaiion:. No mailer Come io my attentio l. Which giv￿ me a reasonable cause io believe that in any maicriaj re5peci the requircmeni & to keeping ￿e0rdS in a￿ordance with Scclion 41 of the Act and b. lo prepare ￿unts which accord with the accounting reco￿5 and th comply with the accounting rcquircm¢Dts orth¢ Act have not met or 2. To which, in my opinion, atienlion should ￿ drawn in order to enablc ¥4 proper utmierslanding of the aecoun15 lo be rea¢hcd. A H ROCF.ILS ACCOUNTANCY & BOOKKEb:PJNG SERVICES TRF.II'IIF.I.LA FARM ST IIILAR Y PENZANCE TR20 9BZ