2023-09-30-accounts - The Friends Of Guy's And St Thomas' Hospital

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			Unrestricted	Restricted	Total	Total
			funds	funds	funds	Funds
		Note			2023	2022
INCOMING RESOURCES
Income from:
Donations and legacies			15,130	1,000	16,130	24,217
Charitable activities			96,870		96,870	76,869
Commercial trading activities (shop)			37,945		37,945	32,935
Other trading activities			37,500		37,500	75,000
Investments			88,943	13,581	102,524	108,470
Total Incoming Resources		(2)	276,388	14,581	290,969	317,491
RESOURCES EXPENDED
Expenditure on:
Raising funds			95,655	2,584	98,239	93,254
Charitable activities			94,153		94,153	63,688
Commercial trading activities (shop)			11,926		11,926	13,960
Total resources expended		(3)	201,734	2,584	204,318	170,902
Net expenditure before investment	gains		74,654	11,997	86,651	146,589
Net loss on investments			(133,391)	(20,600)	(153,991)	(601,512)
NET MOVEMENT IN FUNDS		(5)	(58,737)	(8,603)	(67,340)	(454,923)
Reconciliation offunds:
Total funds brought forward			3,237,931	567,379	3,805,310	4,260,233
TOTAL FUNDS CARRIED FORWARD			F3,179,194	6558,776	63,737,970	63,805,310

				Group	Group	Charity	Charity
			Note	2023	2022	2023	2022
Fixed assets
Tangible assets			(9)
Investments			(11)	3,497,812	3,542,770	3,498,812	3,543,770
Total fixed assets				3,497,812	3,542,770	3,498,812	3,543,770
Current assets
Stocks				34,167	27,963
Debtors			(12)	85,829	46,805	121,754	78,519
Cash at bank and	in	hand		257,434	328,236	252,876	321,835
Total current assets				377,430	403,004	374,630	400,354
Creditors: amounts		falling due within one year	(13)	(137,272)	(140,464)	(135,472)	(138,814)
Net current assets				240,158	262,540	239,158	261,540
Total net assets				63,737,970	53,805,310	E3,737,970	63,605,310
Funds ofthe charity
Restricted funds			(14)	558,776	567,379	558,776	567,379
Unrestricted funds				3,179,194	3,237,931	3,179,194	3,237,931
Total funds				63,737,970	53,805,310	63,737,970	53,805,310

		FOR THE YEAR	ENDED 30T	H SEPTEMBE	R2023
3.	Resources Expended			Direct	Support	Total	Total
				Costs	Costs	2023	2022
3.1	Raising funds:
	Staff costs			49,100	5,456	54,556	48,345
	Depreciation oftangible	fixed assets					40
	Investment management	fees			19,313	19,313	21,525
	AGM and trustee meeting expenses				763	763	2,085
	Insurance				2,577	2,577	2,275
	Postage, printing and stationery				576	576	964
	Christmas and mini market costs				144	144	10
	Bank charges						2
	Other support costs				2,775	2,775	1,998
	Audit fee				9,000	9,OOO	12,710
	Accountancy				3,720	3,720	1,890
	Website and internet costs				4,815	4,815	1,410
				49,100	49,139	98,239	93,254
	Charitable activities:
3.2	Grants and donations payable			94,153		94,153	63,688
	Commercial trading activities
3.3	(shop) Cost ofsales			11,926		11,926	13,960
	Total Resources Expended			6155,179	849,139	6204,318	F170,902
	Governance	costs				2023	2022
	AGM and trustee meeting expenses					763	2,085
	Audit fee					9,000	12,710
	Accountancy					3,720	1,890
						f13,483	818,885
5.	Net movement in funds					2023	2022
	Net movement in funds is arrived at after		charging:-
	Depreciation						F40
6.	Staff costs					2023	2022
	Wages and salaries					f54,556	848,345
	The average number of	people, excluding	Trustees,
	employed by the charity	during the year was

During the year there w were reimbursed to the	During the year there w were reimbursed to the	ere no payments made toTrustees Trustees (2022:anil).	for remuneration (2022:Enil) and n	o expenses
Grants and donations		payable	Total	Total
			funds	funds
			2023	2022
Research	grants		1,469	6,790
Amenities	grants		84,964	49,398
Christmas	grants		7,720	7,500
			694,153	563,688

Reconciliation ofgrants payable
			2023	2022
Commitments at beginning ofyear			120,947	154,468
Commitments made in the year			94,153	63,688
Utilised grants written back in the year			(84,143)	(66,792)
Grants payable for the year			130,957	151,364
Grants paid during the year			(26,651)	(30,417)
Commitments at end ofyear			6104,306	6120,947
Tangible fixed assets: group	Land and	Plant and	Office
and charity	Buildings	Machinery	equipment	Total
Cost
At beginning and end ofyear	75,000	16,900	7,981	99,881
Depreciation
At beginning and end of year	75,000	16,900	7,941	99,881
Net book value
At 30'" September 2023
At 30"September 2022

30"Septemb	er and its b	alance shee	t as at that date are summarised	below:-
Results				2023	2022
Sales				37,945	32,935
Cost ofsales				(11,926)	(13,960)
Gross profit				26,019	18,975
Administrative	expenses			(4,458)	(3,440)
Net profit for	the year			21,561	15,535
Gift aid				(21,561)	(15,535)
Balance sheet
Current assets				38,725	34,364
Less: current	liabilities			(37,725)	(33,364)
				61,000	61,000
Share capital				K1,000	61,000
Fixed asset	investments			2023	2022
Market value	at beginning	ofyear		3,542,770	4,066,421
Addition				502,559	632,459
Disposal proceeds				(393,526)	(554,596)
Net loss				(153,991)	(601,512)
Market value	at end ofyear			3,497,812	3,542,770
Investment in subsidiary		undertaking	at cost (note 10)	1,000	1,000
Charity total				63,498,812	F3,543,770
The cost of investments		held at 30e	September 2023 was f3,639,857(2022:63,494,334).