REGISTERED CHARrrY NUMBER: 261031 Re ort of the Trustees and Financial Statements For The Year Ended 31 December 2023 for ue of Frlends of Stratton Hos The Lea ital
The Lea ue of Friends of Stratton Hos ital Contents of the Financial Statements for the Year ended 31 December 2023 Page Report of the Trustees Ito3 Independent Examiner's Report Receipt5 and Payments Account Statement of Assets Notes to the Financial Statements 7t08 Detailed Receipts and Payments Account
The League of Friends of Stratton Hospital Report of theTrustees for the Year Ended 31 December 2023 The tru5tee5 present their report with the financial statemenls of the charity for the year ended 31 December 2023. The name of the charity is The League of Fftends of Stratton HD5Plt31. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 261031 Princlpal address Slration Hospitdl Hospital Road Stratron Bude Cornwall EX23 9BR Trustees Mrs A Fr5e Mrs S Merchani Mrs C Ruberis Dr P Hillenbrand Mr J Wickett Mr5 G M l Marks Mrs M Martin Ms L Opie Mrs D Wellington Mrs Djory Mr5 fvl Bright Dr R WateThouse Mrs M Tilzey Mr5 C Sitykmons Mr D Parsons Mrs J M Bakewell Mrs P 8oundy Mrs T Ely Chair Vicè Chairrnan Secretdfy Te5igned IS March 2023 reslgned 15 March 2023 resigned 15 March 2023 appointed 15 March 2Q23 appointed 15 March 2023 appointed 15 March 2023 Mr Alan Mill is President but is not a trustee Mr 5 J Hutchinson is the treasurer of the tharity but not a trustee Independent Examiner Melherell Gard Ltd Chartered Accguntants Burn View 8ude Cornwall EX23 8BX Bankers Barclays Bank plc 9 Hi8h Street Colchester Essex COI IDA Page I
The League of Friends of Stratton Hospltal Report of the Trustees for the Year Ended 31 December 2023 5TRucfuRE, GOVERNANCE AND MANAGEMEPIT Governing document The league of Friellds of Stratton Hospltal is èn unincorporated eharitable association governed by a written consiitutlon 13 March ig?01, most recently updated March 2018. Recrultment and appolntment of new trustees New trusiees are co-opted t¢ ihe board by the exlstlng trustees through the year and formally appolrtted at the charltls Annual Gèneral Meeting. No other person or body Is entitled to appoint a trustee. Indurtion and training of new trustees The Induction and trainin8 of new trustees is the responsibillly ol the board as a whole. however, thi5 caft be delegated to individual trustees as necessary. Risk management The trustee5 have a duty to identify and review the risks lo which the ¢harlty Is exposed and to en5yre ippr¢4)riate controls are in place to prov*de reasonable assurance against fraud and eTror. OBJECTIVES AND ACTivrriES Objectives and actlvities The objectives of the chdrity are lo asslst patient5 and former patients of the H05Pltal and other people in thècomrnuntty. who are sick. convalescent, disabled. handlcappe(J. Infirm or in need of a551Stance and 8enerally to support the charitable work ol Stratlon Hospital and cornrnunity healthcare seTvices in the area served by the Hospitsl. The tharlty promotes itself throu8h events in the Iccal community and Èeneraies general donations and legacie5 through thls work. The charlty also rnns specific fundraising events and cornmunicate5 Wlth the publlc and Its rneMbe through website and Facebook. Cash balances are rnaintained to fund anticlpated future expendrlure. Deci5iuns on fundraisin8 and fund allocation are made al the regular committee meetlngs. In serling their objectives and planning their activities the trustees have w'ven rareful consideration to the Charlty Cornmisslon's general guidance on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable activities Du¥ing the year the charity raised £34,43412022 £141,294] through subscriptsons, donations. le8acle5, fvndralsSng and Interest received. Expenditu on Hospital, medical centres and care howne equlpment was £29,95112022 E202.5941 togetherwith a further £8,33012022- £3,136) on running costs for the hospital vending machln¢ and other svpport costs. Chalrman's statement l am 8iateful to our Tru5tee5, members and supporters lor thelr unwavering commitment to our cause and their invaluable support provided to stratton Hospital. I have been Chair now foi four year512019-20231 and WÈ have 8rown a5 a chaTIty with a 8ood team behind us. our League of Frlends Comlnue to engage with the local communtty. Our charity raises funds from the public primarily through donattons at the Pendeen Car Bool Sale entrance totalling E9.260.78 for the 2023 season. We are 8rateful to Chris and sandra Heard and the Pendeen Team for allowing us lo continue to collect at the venue and to John Wickett for organi5ing a rota of volunteers and their commitment Èvèry Sundayl These efforts f05tered a 5en5e of belonging and strengthening OUT tie5 Wlth the people of stratton and surrounding area. Page 2
The League of Friends of Stratton H05Pltal Report of the Trustees for the Year Ended 31 December 2023 Once again. I would like to extend my sincere gratitude to our Secretary. Chri5 Roberts, and Stephen Hutchinson. Treasurer. We are fortunate to havè thèml And 10 all th& Trustees of ihe Leaeue of Friends for thelr continued h3rd work and in-put at our bi-monthly meetings and at other events during the year. Durin8 2023 we purchased equipmenr lor the l.10sPital totalling £29.9JO 78 and have agreed a fvrther EIO.237.60 spend for equipment not yet purchased. Shirley Merchant. Vice Chaimian. will be tak5llR over as Chairrnan for 12 months Ifom the AGM in March 2024. 1 wish hér well and will be happy to shadow her durinE this transition. With the current climate of staff shortages, low morale, and a cost-ol-livin8 crisis. we have been very fortunate that ovr charity has been rhrivinE and able to continue ovr support to the local hospit81 and comrnunity 5etvices. The staff at our community hospital are exceptiollal and continue Lo give excellent service which 15 alway5 appreciafed by the paLiellts. We Shall £ontinue to strive ro sypport healthcare for our local community Services and keep the passion alive of those who fou8ht tirelessly before us to make this possible. FINANCIAL REVIEW Overview and reserves During 2023 the League expended £29,951 upgiading hospit31, medical cenires and care homes equipment to the higher stand¢*rd Ill dccordance with ils main objeciive5. The fund5 hvld by the charity wrll continue to be used lor thi5 purpose in 2023. Voluntary Income Is split between restricted and unrostricted funds. only amount% spe¢ilied as rèstricted by the donor h¢ive been treated d5 such_ The dmount not yet spent Bt the year end has been carried forward In the restricted reserve. The level ol reserves held, E587.225, is high at Ehe present time. The trustees expect further projects to reduce these fund5 to a morè reasonable level in the near future. In nomal circumstances the level ol reserves considertd by the trustees, to be reasonable Is the equivalent of one year's norrnal expendlture. ON BEHALF OF THE BOARD Mrs Shirley Merchaiil- Vice Chairman 20 March 2024 Page 3
Independent Examinerfs Report to the Trustees of The League of Friends of Stratton H05Pital I repoit to the charity tiustee5 On rTry examination of the accounts of the charity for the year ended 31 December 2023 which are set out on page5 five to eiBht. Responslbllltles and basis of report As the charitVs trustee5 you are responsible for the prepaiatlon of the accounts accordance with the requirement5 of the Charities Act 20111.ihe Act'l. I report in rèspect of my eKaminatlon of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have Followed all the applicable DirectSons 8lven by the Charity Commlssion under se¢tlon 14515llbl of the Art. Independent examlner'5 Statement I have completed my examinatlon. I confirm that no material matters have corne to my attention tn connection with the examination giving me cauS2 to believe that in any fftaterial respect: accouniin8 records were not kept in respect olthe charity as required by sectlon 130 of the A,- or the a¢¢¢unt5 do not accord with those record5 I have no concerns and have come across rio other mètters tn connection with the examlnatlon to which attention should be drawn In this report in order to enable a proper understanding of ihe accounts to be reached. David Ni Metherell Gard Lt(J Chartered Accountants Burn Vrew Bude Cornwall EX23 BBX Page 4
The Lea ue of Friends of Stratton Hos Recei ts and Pa rnents Account for the Year Ended 31 December 2023 ital 2023 Total funds 2022 Total funds Unrestrirted Restrirted funds funds RECEIPTS Receipts from generated fvnds Voluntary income Activities for generating funds Investment income Total reIPtS Notes 14,802 12,776 6,156 33,734 700 15,502 12,776 6,156 34,434 126,108 11,950 3.236 141,294 700 PAYMENTS Costs of generating funds Costs of generating voSuntary income Charitable activitie5 Cost of charitable activities Governance costs Total payments 36,320 640 36,960 1,321 37,641 640 38,281 205.124 606 205.730 1,321 Nrf RECEIPTS/(PAYMENTSI before transfers Gro55 transfers between fijnds Net re¢eipts/(payments) 13,2261 16211 13,847} 164,4361 13,2261 16211 13,8471 164,4361 RECONCILIATION OF FUNDS Total fund5 brought forward TOTAL FUNDS CARRIED FORWARD 590,151 586,925 921 300 591,072 587,225 655,508 591,072 Page 5
The Lea ue of Friends of Stratton H05 Statement of Assets At 31 December 2023 ital 2023 2022 Unrestricted funds Restricted funds Total funds Total funds Notes BANK AND CASH BALANCES Current account Deposit accounts Cash in hand 92.725 494,200 300 93.025 494,200 187,980 403,092 586,925 300 587,225 591,072 FUNDS Unrestricted funds Restritted funds TOTAL FUNDS 586,925 300 587,225 590,151 921 591,072 The financlal statements were approved by the 8oard of Trustees on 20 March 2024 and were signed on its behalf by.. £ . (Ylo,I Mrs Shirley Merchant- Vice Chairman Page 6
The Lea ue of Friends of Stratton Hos Notes to the Financial StateTnent5 for the Year Ended 310ecember 2023 ital I. VOLUNTARY INCOME 2023 2022 Voluntary income 15,502 126,108 Included within voluntary income are legacies amounting to £5,10612022 - £116.7801. 2. AcllviTIES FOR GENERATING FUNDS 2023 2022 Fundraising events Other receipts ii.ioo 1,676 12,776 11,274 676 11,950 Analysis of fundraising events.. 2023 2022 Hospital fete Table Top sales Other, including Pendeen Car Boot Sale donations 1,649 191 9,260 ii,ioo 1.460 9,814 11.274 Analysi5 of other receipts: 2023 2022 Vending machine Subscriptions 1,486 190 1,676 491 185 676 3. INVESTMENT INCOME 2023 2022 Deposit account interest 6,156 3,236 Page 7
The Lea ue of Friends of Stratton H05 ital Note5 to the Financial Statements - continued for the Year Ended 31 December 2023 4. COSTS OF GENERATING VOLUNTARY INCOME 2023 2022 Table Top sales Other, including advert15ing and Christmas cards 5. TRUSTEE5' REMUNERATION AND BENEFrrs There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees, EKpen5es Incidental expenses incurred by the trustees on behalf of the charity are reimbursed on presentation of relevant vouchers to the treasurer. No payment5 We made during the year 12022 - £0}. 6. MOVEMEMf IN FUNDS Net movement Transfers in funds between funds At 1.1.23 At 31.12.23 Unrestricted funds General fund Restrirted fund5 Specific equlpment TOTAL FUNDS 590,151 {3,2261 586,925 921 591.072 (621) {3,847} 3TrJ 587,225 Net movement in funds, included in the above are as follows- Movement in fund5 Recelpts Payment5 Unrestrlcted funds General fund Restricted fund5 Specific equipment TOTAL FUNDS 33,734 136.9601 (3,2261 700 34.434 11,3211 138,2811 16211 13,8471 Page 8
The Lea ue of Friend5 of Stratton Hos ital Detailed Recei ts and Pa rnents Account for the Year Ended 31 December 2023 2023 2022 RECEIPTS Voluntary income Donation5 and legacies Activities for generating funds Fundraising events Other receipts 15,502 126,108 ii,ioo 1,676 12,776 11,274 676 11,950 Invesiment income Deposlt account interest 6,156 3,236 Total receipts 34,434 141,294 PAYMENTS Costs of generating voluntary income Fundraising event5 Charitable activitie5 Hospltal equipment purchased Vending machine expenditure Daily papers Christm35 decorations Bnd presents Vouchers Staff and patient parties Postage and stationery Hospital garden improvements Other payments 29,951 4,409 655 140 50 1,998 119 202,594 1,732 278 107 loo iii 310 37,641 193 205.124 Governance costs Insurance Committee expenses 476 164 474 132 Total payments 38,281 205,730 Net receipts 13.8471 164,4361 Page 9