1Y
Registered charity number 263055
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
CONTENTS
Pag•
1. Legal and Admlnlstratlve Detslls
2. Annual Report
3. Annual Accounts
4. Independent Examlnerfs report
5. Balanco Sha•t
6. Statement of Flnanclal Actlvltl•s
10
7-9. Notes to the Accounts
11
Pagelof8

Th• Frionds of Charing Cross Hospltal
Registered office
Charing Cross Hosprtal
Fulham Palace Road
London 8RF
Raglstsrnd charlty number 263055
Trust••8 durlng the porfod
Mr Vincenzo Martinelli
Chair (appointed as 10r21)
Mr Kavyesh VN8k
(appointed 10r21)
Ms Luisa Messina
{appoint8d 7r22)
Mr Daniel de 101011
(appointed 7r22)
Mr Kelvin Kwok
Treasurer (appointod 1Iy22. reS￿ned 5r23)
Ms Chadotte Rawley
(resigned 5r23)
Accountants
Chades Osei, Bsc {Hons). MSC. ACEI, AFA ATA MCIP
Flat 3
11 Rochdale Way
Deptford
London
SE8 4LY
Page2of8

Annual report 1 July 2022 to 30 June 2023
The financial ststements have been prepared in accordance with aCcO￿ti￿j policies set out in notes
to the aGGounts and comply Voryth the charity's goveming document. Charities Act 2011 aThJ the
relevant veNon of the Statement of Recommended Prarli￿ ap￿Icable to Charities pr8paring their
accounts in accordan￿ *ith the Financd Reporting Standard applicable in the UK arKI Republic of
Ireland (FRS 102).
Objectlves
The objectives of The Friends of Charing Cross Hospital are:
to provide funds f￿ equipmerrt and support woiects, to b￿8fft the Hospital, the patients and the
local communty.,
to increase pUt￿lC awareness of the n*18 of pab'erts of Charing Cro88 Hosprtal to mobilise
support and raise furKJs"
to develop and maintain an active membership of the charity;
to liaise and connect wlth other likfrminded organisats'ons and a180 voluntary Services.,
Governance and manag•mont
The chair in a voluntary capacty oversees the staff and general operation ofthe charit￿$ work, assisted
by the Treasurer and the Board of Trustees.
There have been Changes in the Board of trustees and these are still orvJoing. Two trustees had
been recruited and appointed in July 2022. in O(*ober 2021, with the addition of a new Treasurer in
October 2022. The total number of current trustees at the end of the reporting period was four. It is
expected lo have a new trustee recruitment campaign in Spn'ng 2024 wtth appointrnents during Summer
2024.
Trustees are recruited through word of mouth andlor rmtrNJ of the roles on SFeufic recruitment
channels for third sector voluTrteers. arKI some have been known to one or more of the current trustees.
The Chair and other Board members are tasked with intervithmng prospective trustees. If a¢cepted, the
trustee may join the Board 8trawht awdy and ttw are Its fomMlly voted in at th8 AGM.
Grant Appllcatlon8
The ¢harity invites grant applicatsons fr(m the fwital and l(Kal communrty for grants to purchase
equipment and fund wojects Ihat Viill support and beneffit the patients, staff and local community. The
trustees take into account the purpose and ￿neffl of each application before agreeing to provKle the
funds in line wrth the objectsves of the charity.
During the year. we supplied the fdlo*ing grants:
Maggie's. Kev￿l¢k Jencks- West Lond
3,000
The grant has 8ups￿ed the work of Iwo Ben8ffts Aa4isors. [Yo￿dIng a
wide range of advic8 to people with cancer and their families incI￿11n9
how to apply for benefits they may be entttled to. manage household
bills. find the most approwiate accommcrfjabon. ¢lothirKJ. food and so
on.
Page3of8

Intwact Stroke Supwi
Strok8 is the nunber one cause of lowerni disats.lty in the UK
Research has shown that post stroke depression and a lack of neural
stimulation CAn 'stow or even arrest recov￿￿,. InterArt Stroke Support
tackles these issues wrth a live. interactive reading service. An InterAct
actorlread8r have visrted the 9 We* stroke ward (occasionalty others as
wdl) ￿ to three times a week for iwo hours pw visiL w(Kk with
the patients on a one-tfr(￿ basis. tailonng the readings and
conversation. as much as Fwible, to the intsrests and comprehension
levels of each pat￿￿.
Totsl Grants for tho yoar
Investment Pollcy
The Chanty's reseprfes pollcy is to hold a minimum of £30k as reser￿. ￿leh r3 sufficientto cover three
years. worth of planned expenditure to ensure continued financial security and to provide for
contingencies.
Frfends of Charing Cro83 Hosprtal seeks to woduce the bast financial return within an acceptable level
of risk. The investment objective is to generate a return of infiation plus 3% per annum over the long
tem, 8ft8r expenses Friends of Charing Cross HOS￿￿1 adopts a total retum approach to investment.
generating th8 income gain from dividends repinv8Sted plus caytsl gains or losses. Assets shoukl be
readily available to meet unanticipaied casmlryw reqUYar￿nts.
The Trustees wish to keep at least 75% of the assets in Investsr￿ that can b8 real￿1 withln three
morths. A minimum of Six month's ljjdgeted cashlkm should be kept in cash or near cash investments
at all times. Divtdends received ¢)n investrnents will be rewinvested.
Friends of Charing Cross Hosytsl expects to exist in per￿ty and Irwesln￿ should be managed to
meet the investment obj'ective and ensure this sustainabilty. As a resulL FrierKls of Charing Cross
Hosprtal can adopt a k)ng tem investment horizon.
Friends of Charing Cross Hospital exrActs assets to be invetsj in line with its aims. It expe¢t$ Its
investment manager{s) to incorporate Environmental, Socaal and Govemance (ESG) factors as part of
their management of the invesbnents for Responsibbe InVeStr￿ to be ingrained into their
inveslment thinking. The Chanty does not want to invest dire(* into akohol. tobacco or amwments.
Friends of Charing Cross Hospital appoints profew'onal investmenl management finns to manage its
assets (excluding th8 direct Iw)erty} on a dis¢r8bonal basis in line with rts investment policy.
Hospltal Communlty S•rvlces
Tho Frlends, Shop
In November 2020. our charity shop space on the first floor ofthe HO$￿ts1 was handed over pemanently
to Imperial Trust our staff mwnbw was transfwrèa over too.
Pa8e4of8

On•sits activities
We have retained our office Spa￿ on-gte at the Ho¥wlal, whith has been partialty converted into
charity thp viith limited a¢cess by the public. On￿ a week.
For the same reasons, we have been unatle to hold our usual book sales, Chrisknas fund-raising
actNlties, funding for live music on the wards and our Christmas ward gfts. We hope to resume these
in the near future.
Donations and legacies
We receive donations our We￿le and social media links., also through Paypal Giving.
Occasionally. rec￿Ve donatsons through Chanties Aid Foundation.
We can accept annual member subs(XiPb'on paym8nts through Go Cardless.
We receive money on an irregul¥ basis from legaaes and on&off donations from grateful
patients and their famili8S.
Looklng ahead
Charities are being called upon more than ever to support their communiti'es. whilst at the same time
facing unprecedented challenges for the future. Support for most vulnerable and isolated community
members played an essential part in h8ly.ng people continue to 8ur4ive and access the help they
needed. We were in thefortunats positi'on of being able to collaborate *ith other local charits'es to ensure
the most vulnerable we given some muth needed support. Wth our Board being strengthened with
new trustees in place. bn'nging fresh ideas arKJ new energy, wthin the overall path defined by the new
strategic plan, we will strive to grow and contrnue to swve the howal patents, NHS staff and the local
communty in Hammersmth
Signed on behall ot the trustees on 28r3r24
VinC￿z0 Martinalli, Chair
PaEe5of8

THE FRIENDS OF CHARING CROSS HOSPITAL
Charlty number 283055
Accounts ft>r the year ended
30th June 2023
Fulham Palac• Road
London
W6 8RF
Pa8e6of8

THE FRIENDS OF CHARING CROSS HOSPITAL
ststement of Trustees, Responsibilitie6
For the year ended June 2023
The Charities Act requires the Board of Trustees to prepare finan(aal for each financial year
which give a and fair view of the state of affairs of the d￿nty as at the end of the financial year and
of the surplus or defiot of the th￿lty. In wepanng those financial ststements. th8 Board is requiréd to..
Select suitable accounting policies and then appty then consistenty.
Make judgements and estimates that are reasonable and pnhjent: and
Prepare the finanaal **8ments on the going concem ba￿$ unless rt is inappropriate to wesume
that the charity will cont5nue in I￿rneSS.
State whether applicatAe accounting standards and staternts of recommended practice have
been followed, subj'ect to any material departures di%losed and explained in the financial
statements.
The Trustees are also responsible for mairrtainirvJ adequate a¢¢ounb'ng re¢￿d$ which disclose wlth
reasonable accuracy at any time thé financial posthn of the chanty and which are sufficient to show
and explain the charity's transacts'on and enaL4e thwn to ensure that the financial ststements comply
with regulations made under the Chanties Act. They are also responsible for safeguarding the assets of
the Charity and hence ta￿"ry reasonable sieps for the wevention arKI detection of fraud and other
irregulants'es.
The Trustees are also responsible for the content of the trustees, reFth, and the responsibility of the
irKlependent examiner in relation to the trustee8' report is limrted to examining the report and ensuring
that, on the face of the report, there are no inconsi6ten¢i88 with the figures disclosed In the financial
statements.
The accounts were approved by the trustees on 2PJ3r24.
And signed on th￿'r ljehaff by:
Vincenzo Martinéili, Ciiair
Page7of8

INDEPENDENT EXAMINERS. REPORT ON THE FINANCIAL STATEMENTS TO THE TRUSTEES
THE FRIENDS OF CHARING CR
P￿AL
I report on the financtal statements for the year ended 30 June 21Y23 set out on pages 9- 13.
Tlys ￿pOrt is made sO￿ty to the Trustees of The Friends of Charing Cross Hospital, as a body. in
accordance regulaticffls made ufKJer section 145 of the Chanties Act 201 and Charity SORP. My
Work has been urKlwtaken so that I might stst8 to the Tntstees matters l am required to state to them I
am Indeperthnt Examinerfs report and for no ottw purpose. To the fullest exlent permitted by law, I do
not accept or assume responsibilty to anyone other than the Charty arKI Charity's trustees for my
independent examination work, for this reporL or for the sL*ement have gNen below.
Respectlve respon8lbllltle• of Trustees and Independent Examlner
As diarty trustees, for the purposes of thanty Iw, are responsitAe ￿ th8 pr8paration of the financial
statements. the Truste8s consider that an audit is not requir8d for this yèar under saction 144{2) of the
Charities knt 201 {the Act) and that an independent examination si needed
Having satisfied myself that ts Chartty is not subject to an a￿lIt under company18w and is elwJible for
independent examination. rt is my responsrbilrty to..
al 8xamine the accounts under section 145 of th8 2011 Act:
b) follow the proc&lures laid in the genwal Dire¢Xions g'ven by the Charity Comrnissionws und
section 14515){b) of the 2011 A¢i'. and
c) state whether palicular matters have come to my att8nts"on.
Baslg of Independent examlnorf$ Stat¢m￿t
My examination was carried in accordance with the general Diredions given by the Charity
Commission. An examination includes a review of the accountsng records kept by the Charty, and a
comparison of the accounts Kwnted with those re￿rds. It also indudes consideration of any unusual
items or di8cl¢)sures in the accounts and Seeking explan8b'¢N)s from you as Trustees conceming any
such matters. The procedures undertaken do not prowde al the evidence that would be required in an
audit, and consequently no wnion is given as to Ththether the accounts Fyesent a 'lrue and fair viebv,
and the reports limrted to those matters set out in the fo1￿1ng statenw
Independent examlnerf8 •tatom
In connectlon wlth my examlrbatlon. no matter has wne to my attention..
1) which gives me ffjasonable cause to believe that in any material resped th• requirements
a) to keep accounting records in accordance with Seth'on 130 of the Charities Act,. and
b) to prepare accounts which accord the accounting records arKI corrply wsth the
accounting requirements of the Chartties Act
have not been met,. or
2) to which, in my oynion, attention should drawn in ordw to ￿able a prow undwstanding of tho
accounts to be reached.
Chatle$ Osei, Bsc (Hons), MSC, ACIE. AFA, ATA. MIP& MCIPP
Flat 3, 11 Rochdale Way DeFrtford London SE8 4LY
Date
Page8of8

THE FRIEND5 OF CHARING CROSS HosprrAL
Rogl¥tsr•d Charlty No. 263055
ALAN
ESHE
AS AT 30 JUNE 202
2023
2022
Cash at Bank and in hand
290,175
275,011
Cr8drtors
Amount du8 vAthinoOne Year
(Xher Credltors
1h.S
(3,000)
15,6281
Net AssetslLia￿liI
287,175
269,383
RM•rvo•
General Funds
283,259
260,967
Restncted Funds..
3,916
8,416
287,176
Mr Vincenzo Maitnelli
Chalr
The not￿ page 11- 13 lo￿ part of these Financial Statsments

THE FRIENDS OF CHARING CROSS HosprrAL
Rogl•terod Charity No. 263055
TATEMENT OF FINANCIAL AcT￿￿lEs
FOR THE YEAR ENDED 30 J
NE20
2023
2022
Fund•
Fund•
Total Funds
Total Fund•
R••our¢o8 Arf•lng
Incomé from CharItab￿ Pthrflt
29,818
29,818
65,228
Total Incom•
29.818
29,818
65,228
Dlr•¢t Charltabh Exwndltur•
12,028
43,171
Total Exp•ndltur•
7.528
12.026
43,171
Ro•ourcM r•t•ln•d for furth•r u••
22292
(4,5￿)
17,792
22,057
Trnn•f•r b•twMn Fund•
Not Mov•m•nt In Fund•
R•con¢lllatlon• (rf Fund•
Brought forward 0110712022
260.£67
8,416
269,383
247,328
Carrl•d forward 3010612023
269,383
Page 10

THE FRIENDS OF CHARING CROSS HosprrAL
Rggl8tOf•d Charfty N•x 263055
NOTES TO THE ACCOUNTS
YEAR ENDED 30 JUNE 20
1. Accounllng Pollcl••
Ba818 of Pr•p•ratlon.
These accounts have teen prepared on an acLrual basis and I￿l￿de inLx)me and expenditu￿ as they are
earned or incurred, rather than 8$ cash receNed or pa￿. Refe￿Th¢e to the-charities SORFY. refers lo the
Chantes SORP IFRS 1021.. Accountmg and Reporb'ng by Charities.. Statemenl of ReLx*mmended Practice
applicable to charit￿$ preparing their accounts in accordance y￿th the Finanual ReF4)iting Standard
applicable in the UK and Republic of a￿land. 2nd edit￿ effective 1 JanLWy 2019, and in a(xordance with
the Companies Act 21M.
la. Incom•
All income 1$ recgnised once the Charty has enljt1￿mfrnt to the income, rt B wobabla that tho ino)m& will bo
rgceived, and the amount of income receivable can be measured reiw.
Grants are included in the Ststement of ffinancial activitss ￿ a recepéabk basi$. The balance of income
received for specific purposes t￿t not explended during the Fer￿￿ is slThvn in the relevant fvnds on th?
Balanca Sh881. Where Income is received in advance of entthffthl of receipL its recognition is deferred and
included in creditors as deferred ￿￿Orne. Where entillement (x￿rn before Income L8 recew, tho income18
occrued.
Income tax recoverab￿ in relatlon to don8tlons recelved ur#ler Grt AKI or deeds (rf covenant is re(wni8ed at
the tsme of th? donaty'on.
Income tax re(xNerabb in relatiw to in¥e8lmont Ir￿ome ks recryn*•a al tlme the investrnent incom8 is
re￿vable.
Ib. Exp•ndltur•
Expenditure recognised once there is a legal or c4￿5r1ructi￿ oNlgakn to transfer ec*nomic tenefft to a
third party, it is possible thal a transfer of econom￿ will b& requY&l in setllement and the amount of
the oblyation can ￿ measured rnliabty.
Expenditure on chanlable actrvibe$ is incurred on directy undertaknng the xtivillos fvrther the Charitys
objectives. as well as any associated SUPFQrt costs.
All expendlture is indu8Ne of ifre(x)vernble VAT.
Ic. Gov•rnmont grnnts
Govemrnent grants are ¢￿dIted to the Statement of financial actsvilEs as the related exp8nditiJre Is incurred.
Id. Fund a¢¢ounllng
Un￿striCted Funds are receivable or generated for ts oty'ects of the charity fvrther
specthed purpose and are available as general furKts.
Restricted Funds are subjected to restrKaions on their exp￿j1bjre impowj by the donor.
Designated Funds are unrestricted fvnds but earmarked by the trustees for particuLqr F4JfpM)ses.
Pa9e 11

THE FRIENDS OF CHARING CROSS HOSPtFAL
Rogl•t•r•d Charlty No. 263056
NOTES TO THE ACC
UNT
FOR THE YEAR ENDED
O JUNE 2023
10. Taxatlon
The CharSty is consKlered to pass the tests set out in Paragraph 1 schedu￿ 6 of tthe Finance Act 2010 and
therefore rt meets the definition of a ¢hartsble company for UK l￿tiOn tax PUTFrt)ses. Awdingly, the
Charty is pjtenbalty exempt from taxation in resFecI of irthme or ca￿￿1 gains received h￿thIn categories
covered by Chapter 3 Part 11 of the Corporatim Tax Act 2010 or SeciK*n 256 of the Taxation of Chargeable
Gains Act 1992, to the ex2tent that such income or gains are aPpl￿d exdusNdy to charitabb puwes.
If. D•btor•
Trade and other dobtorn are rrngnised at the settkn￿ amount PrepayTnents are valued at amount propald.
lg. Q•h at bank and In hand
Cash al bank and in hand indudes ￿sh and short4emi htrJhly inv85trnents wtth a short matujty of three
months or less from the date ol acqutsrtK)n ar openinjg of the det*)gt or simdar account
Ih. Llabllltl•• and provhk•M
Llabiltties are recc#Jnlsed when tt￿* Is an oblwakn at the balance SW date as a result ol a pa81 evth)(11 Is
probable th8t a transfer of ecorK*mic benefft wll be required in $6ttltrmenL and the amount of the setuemenl
can be 88timatod reliably. Hence, ￿Ued expen￿ of£3.000 wuirrwj as at the finaThial year dats.
Liabillties 8re recognised at the amount that the Charity ant￿'pateS rt wll pay to settle the debt or th8
amount it has received a$ advanced payments for the gc#)ds iy servKes it must
Provisions are measured al the best ests'male of the aTh)unts required to settle the obligatA)n. Where the
effect of Ihe ts'me Value of money is material, the prowsion is based on the present value of those amounts,
discounted at the prewlax discount rate that ref*ts the rth to the liabilrty Tho unwinding of the
discount is recogni8ed in the Slatement of financial 8(Ar¥it* as a financé c¥*t
11. Flnanclal In•irumont•
Th& Charity onW has fnanci81 assets and finanual liabilities of a kind that qualrfy as tosic financial instrument8.
Basic financial instruments are initialty re￿nised at tranwtion value arKI subseqwity MeaSu￿d at their
settkment value with the excception of bank loans *thich *e measured ai amortised cost using
the effective interest method.
IJ. Crltlcal accountlng 08tlmats• and •rg•8 ol Judgenwrt
Eslmat&s and judgem8nts are contTrnualty vduatsd and are bas&J ￿ historKal exswlence and other factors,
including exFectatMYbS of future events that are bel￿ed to be reasonab￿ under the ￿rcUMStanc￿. The Chanty
does not currenly have any swnificant ￿)Unts￿9 ests"rnates or area5 ofiudgemenL
Pagè 12

THE FRIENDS OF CHARING CROSS HosprrAL
R•glstsr•d Charlty 263055
NO
THE ACCOUNTS
YEAR EN
Total
2023
Total
2022
2 INCOME FROM CHARITABLE ACTivmES
2023
2023
Donations Goneral
Gro$s Intere8t
Legaci88
Shop Taklng8
Sub8CfiPtio
677
1.243
27,$00
192
677
1,243
27,500
192
4,849
60.000
377
29.818
3 DIRECTisuppofff COSTS OF CHARITABLE ACTMTIES Unrn•trktsd
2023
Total
2023
Total
2022
2023
Grants- Proia¢t èxpen•
Shop Overh6adB
Rynning costs
Totsl
15.308
189
103
103
7,423
4 CASH AT BANK AND HAND
2023
2022
8u8ino86 In8tant148181
Bu8lne88 Bank Instant I￿3)
Depo811 Account TFOCCHL GBCL TKG8P001TSYLN
Lloyd BB In8tant 23029068
Treaswer8 k¢ount112871
Treasurers Account16447. SW)
SwttI8h WirKIty4
75.989
80.158
10,101
10,033
28.491
18
87,387
2UX1,175
275,011
275011
O CREDITOR8: AMOUNTS FALUNG DUE VIITHIN ONE YEAR
2023
2022
148
Other creditors
A¢cruod experM8
3,000
6 TRUSTEEES. REMUNERATION AND BENEFrrs
T￿re were no tru8tee'$ renmM￿ or Lthr bfftffts for ts yw 30 2tr23 for th8 year en￿J.
TRUSTEES. BENEM
There were M IrustO8s' expms pald ts the yw ended 30 kn 2023.
7 RELATED PARTY OISCLOSURES
There wore Th) rela￿ P8rty1ran8￿￿ for ts year 30 ju￿ 2023.
Page 13