Charlty r•gistration numb•r 263378 (England and Wal•$l THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL LEGAL AND ADMINISTRATIVE INFORMATION Trusts•s M 8tsyd Y Smith R Mody M Kara S Hunte J Raskovi¢ D Powton Chorlty numbor 263378 Reglstered offlce Northwck Park Hoswtsl Watlord Road HarTOW HAI 3UJ Independent oxamlner Stephen Meredilh FCA DChA Alliotts LLP Manfield House 1 Soulhampton Street London WC2R OLR 8ankerB Lloyds Bank PLC 2861288 Stabon Road HarTOW Middlesex HA1 2EN Honorary 8olleltorn Mr S Brook Brook Marb'n & Co 29 York Street London W1H 1EZ THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL CONTENTS Pagè Trustees, report Independent examiners report Statement of financial activities B81an¢e sheet Notes lo the financial stslem*nl$ 7-12 THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL TRUSTEES. REPORT FOR THE YEAR ENDED 28 FEBRUARY 2025 The Trustees present their annual report and financial statements for the year ended 28 February 2025. The financial ststements have been prepared in accordance vAth the 8ccounb.ng poliryes sel out in note 1 to the financial statements and compty with the charty's 9oveming document. the Charrties Act 2011 and 'Accounting and Reporting by Charrties. Statement of Recommended Pradice applicable to charities preparing their accounts in accordance with the Financial Reportjng Standard applicable in ihe UK and Republic of Ireland IFRS 1021 leffective 1 January 20191" Objectives and activities The Object ol the charity shall be to relieve patients and fomier patients of Northwck Path Hospital Ilhe Hospital'l who are sick, convalescent. disabled. handicapped. infirm or in need of financial assistance and, generally, lo support the charitable work ol the Hospital. For the purpose ol carying out the Object. bul not otherwse, and with the approval of the Hospital Management Committee. Ihe League shall have the following powers.. To provide or assist in the provision of amtrnitses in the Ho$pit81 for the htralth, wtrlfartr and cornfort of p81ien18 ther8ln, by the provislon ol faaliti¥$, builain9s and tquymènl. To raise funds and to invrte and recewe conln'twjbons from any person or petsons or org8nisalions whatsoever by subscription, donation or otherwise. To lake and 8¢cepl gifts of property for the Object ofthe League. To undertak¥ and exe¢ul& any charitable Trust. To do all such things as are necessary for the attainment of the Object. To relieve distressed and needy patients, or other invalid8 or. where appropriate. their families being in need of financial assistance. Strat6gies lor Achieving 8ims and obj6cli￿$ This Object is achieved by the running of a Hospital shop and assocjaled seryices. Public benefit The Trustees have paid due regarrj to guidance issued by the Charity Commission in deuding what adivities the charity should undertake. When planning the activities during the year the Iwslees have conside￿d the Commission's guidance on public benefit and, in p8rti¢ular, the $pe¢Jfi¢ guitlan¢& to ¢h8wilie$ for the 8dv8n¢emenl of public health. Aehi•vom•nts and pèrfomane• Significant activities and achievernenls agginsl objectives The Trustees are encouraged to find thal people are willing and able to give their ts.me to help out at local charities such as their local League of Friends. However we have lo report the loss of many volunteers induding all of our students due lo the changes irnplemented by the Hospital Managernent. No paid employees are now invofv8d. In the charity shop it is not possible to sell similar y￿d$ as previousty but whilst we do not expect to match the substantial amounts donated in the past we hope to be in a posibon to make a useful contribution to the requirements of patients. staff and visitors. The day traders are making a subslantial conlribubon to our ftjnds in addition to proV￿1ng a very useful service to all their customers, 8nd we wsh them well for the fvture. Investment Income has been very poor as bank interest rates particula￿ to chanb.es a￿ minimal. THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Financial review At the year end cash at bank totalled £397,09912024." £356,070}. Ward and other bids for hospital equipment have been sought and dispensed much ol the reserves. Tnjstees duts.es have recently been reorganised to pursue bids. At year end. unrestricted reserves totalled £401.06312024.' £357.3291. Reserves policy It is the policy of the chanty that unrestricled funds which have not been designated for a specific use should be maintained al a level equivalent to bety￿en three and six month's expenditure. The Trustees considers that reserves at this level will ensure that. in the event of a signrficant drop in funding. they will be able lo continue the charity's current activities while wnsideralion is given lo ways in whth additional fvnds may be raised. Thi5 level of reserves has been maintsined throughout the year. Thè bids are considered and decided upon with the assistance of pfolessional medical personnèl. Subject to the retention of up to £SO,000 for emergency requests. tt is the aim of the Irustees that all (Jonations and earnings in any year will be dispensed for the benefit of the hospital and ils patients before the end of the ensuing year. In this year, however. consideration has been given to the needs of the hosprtal and extensive plans cu￿entlY under review. M8jorrisk$ The main risk facing the charity is the reduction in both donations and legacy income. This will prevent the donation of equipment to the hospital and reduce the support which may become necessary to the League of Friends shop. The trustees have exarnined the major strategic business and operatsonal risk5. which the charity faces. and confirm that systems have been established lo enable regular reports lo be produced 80 that thtr necessary stèp$ can b tskan to l&ss$n th$ risks. Plan8 lor luturè p•rlod8 At this juncture it is not possible lo predict wh81 can be 8¢hieved in Ihe ftrture. 11 1$ necessary lo await the outcome of thè many changès which have had to bè be Implemènted. You may be assured that your trusteès, togethèr with the loyal ban¢J of ¥olunleers, will ¢onlinu& lo WO￿ wrth due dilig&n¢* and ¢nthu$ia$m lo a¢hi*¥e tho bs$t rosult possible In the coming year. Structure, governance and managem•nt Thè Lèague of Frionds ol Northw1¢￿ Park Hosprtal is an unincorporated association govèmed by a sat ol Objècts and Rules. The Rules were adopted on 23(d February 1972 and amended on 25th May 1977, 23rd May 1979, 10th June 1998 and 17th June 2002. The Trustees who served during the year were.. M Boyd Y Smith R Mody MK8r S Hunte J Raskovic D Powton Recruilmenl 8nd appointment ofirustees The committee have the authority to elect any member of Ihe League to the committee to fill any vacancy until the next annual general meets'ng. Org8nisahon81 stfuoture The charity is governed by a Committee of not less than 10 nor more than 20 persons. At each Annual General Meeting one third (to the nearest whole number) of the Committee retires by rotation but such persons may stand for re-election. The Chairman. Seuetary and Treasurer are elected by Ihe Committee. THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 The Trustees, report was approved by the Board of Trustees. .TrawdP.awon.I&KL.Q.2025. 148prn} D Powton Trust• Date.. 12 Sep 2025 THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL I report to the Trustees on my examination of Ihe financial statements of The League of Friends of Northwick Park Hospital (the charity) for the year ended 28 FetKuJry 2025. Responsibilitl8s and basis ol report As the Trustees ol the charity you are responsible for the preparation of the financjal statements in accordance with the requirements of the Charffies Act 2011. I report in respect of my ex8minab.on of the charity's financi81 staleTh*nts c8rried out under section 145 of the Chaiities Act 2011. In Ca￿Ing out my examination I have followed thè Directions given by the Charity Commission under section 14515llbl ol the Charitses Act 2011. Independent examine￿8 Statement I have completed my examination. I confim that no maltets ha¥& ¢ome lo my attention In ¢onne¢tion with th èxamination giving m8 cause to belièv• that in any malèrial rèspèd". accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. the finan¢i81 ststem&nls do not 8¢¢ord wrth Ihose re¢(>rds", of the finanaal statements do not compty wlh the applicable requiremenls cJ)nceming the lomi and content of financial statements set out in the Charibes (Accounts and Reportsl Regul8tion5 2008 other than any requirement Ihal Ihe financial Statements give a true and lair view, which is not a matter considered as part of an independent examination. I hgve no ¢on¢ems and have eom& am)$$ no other Motte￿ in connection wth the examination to whlch attentlon should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Stephen M•redrfh (Sep l? 2025 201wf*l Stephen Meredith FCA, DChA liotts LLP Manfield House 1 Soulhamplon Street London WC2R OLR Dated.. 12 Sep 2025 THE LEAGUE OF FRIENDS OF NORTHWICK PARK HOSPITAL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2025 un￿tricted funds 2025 Unrestricted funds 2024 Notes Income from: Donations and legacies Other Ir8ding activities Investments 562 64.513 3,4S7 5,578 58.190 2,392 Total Income 68,532 88,160 Expenditure on.. Raising funds Charitsble adivilies 18,467 6,331 38,118 4,638 Totsl •xpèndltur• 24,798 42,756 Nèt Incom• and mov•m•nt In lund8 43,734 23,404 R•conclllatlon of funds: Fund balances 8129 February 2024 357,329 333,925 Fund b8l•n¢•• ot 28 F*bNary 2025 401,C63 357,329 The statement of financial activitie$ in¢ludes al gain$ and lovJe$ r¢cognise