Charity registration number. 267658 Plymouth Public Dispensary Annual Report and Flnanclal Statements for tho Year Ended 31 December 2023 WESTCOTTS ¢HARTlalD ACCOUNTANrs A •USItrJ•SI APVISIRI
Plymouth Public Dispensary Contsnts (continued) Reference and hAministr8tivo D8tai18 Twstegs, Report 2to4 Independent Examln8rf8 Report Statement of Flnandal ActivIt$ Balancè Sh•8t Note8 to the Financial Stat•monts 8t018
Plymouth Publlc Dlspensary Reference and Admlnlstrative Detslls Trust••$ Dr D H Keeling Mr8 J S Hill Mr E C Ke8St Mrs M Sm¢ih Mr C R Robinson Mr S Loze Dr J Mahony 267658 Charlty R•gl•tratlon Numb•r Prlnclp•l Offl¢• Weslcotts ISWI LLP 3 PIyTn Hou88 M8r8h Mi118 Plymouth PL6 8LT Indepgndont Examln•r We8tcoits ISWI LLP Plym Hou8& 3 Longbridge Road Morsh Mills Ptymouth PL6 8LT Sollcltorn Thomp80n & Jack80n Hyder House 680 Budsh&ad Road PlyThouth PL6 5XR Page 1
Plymouth Publlc Dlspensary Trustees, Report The Iruslees present the annual report t&Jelher with thg finanaal statements of the Gharty for thg year ended 31 December 2023. structure, govèrnance and manag•m•nt History and actlvltl8¥ of the Trust The Charity Trust, which dates from 1798, is regulated under a Scheme, approved by the Board of Charrty Commis8ioners for England and Wales. whth came into effect on 22 November 1999. Our main aclNilies and who we try to help arg dgscribed below. All our charitable aclivits'es fDCU8 on the relief of persons who are sick, Convalescent, disabled or infirn and are undertaken lo further our charitable PUTPO8gS for the public bonefrt. The Charity income derives from funds invested in COIF and rental from the Publi¢ Di$ponsary Building, a property built betsvegn 1808 and 1809, following the foundation of the Charity in 1798, which the Trust own8. Be88n 1948 and 2013 the building known a8 'Tre Public Di$pgnsarl' in Calh8rrne Street, Plymouth w88 leased to the Secretary of Slate for Health and has been used for a variety of purpose8 by the National Health Sevvice. The prop8rty 18 now let lo The Bri118h Red Cioso So¢iety for 5 years from 3rd N¢)v6mber 2019 at £31,000 pa The objects of the Charity, broadly relate to the u8e of th& Inccng for'lhe rellef of perwn$ In ne8d In the 8rea of benefit Ilhe boundarie8 of th6 area of Plymouth Clty Counclll who are sid<, nvalO$cOn1, dlsabled or Infirm by relieving their suffering or a38isling th•ir r8¢ov•rl'. Managemont and gov•rnane• arrnng•m•nts Tho S¢hgrne pgrmits there to ba sgven trustees. Were there a requir8ment for new trustees, these would be identified and appointed ty the remaining trustee¥. The chair of Iruslee9 ig r8spon8ible for the induelion of any new Iruslee which involve8 aw8rene88 of a Iru¥lee's respon$ibililie$, tho goveming document, administrative pro¢edure$, the hlstory and philosophic81 approach of the oharity. A new Iruslee would receive copie8 of the previous yearf8 annual report 8nd aonIS and 8 copy of th8 Charity Commission leaflgt 'Th8 Essential Tru81ae.' What you need to Know,. The Iruslees hold office for four years in accordance with the expiry datss shown bél¢)w. 1 tNslees may b8 rjected on gxpiry of their lemi and several have saNed for a number of year8. Dr D H Keeling Tomi explres Seplamber 2027 Mr8 J S Hill Tern exwres Juty 2026 Mr E C Keast Tem expires June 2025 Mrs M Smith Term oxpire¥ September 2027 Mr C R Robinson Tem expires April 2027 Mr S Lozg Temi expires June 2027 Dr J Mahony Term expires November 2024 The trustèes annually revw the risks that the charfty faces. To dale these have mainly related lo inve8lmenl management and continuing lo rent the Public Dispensary 8uilding. Looking lo the future Iruslees are also aware of risks associated wth making grants (for example fraud and chari11g¥ seeking grants for the same project). They will be looking al whal procedures may be insliluted to reduce r$8k in this area dunng the coming year. Paga 2
Ptymouth Public Di8pensary Trustees. Report {contlnued) Pro¢odurg$ and pollcy for grnnt maklng During 2023 the Iruslees met on five occaslons and income was disbursed to the ext8nl shown in th annual accounts In grants mainly to individuals or families. These needs were. in Ihe main, bToughl lo the notic¢ of the trustees by Health professionals or Social Wot1(er8 on whose expertise, in the gvalualion of sickness and need, the trustees relied for inform8tion. Where circum8tsnces dictate il prudent, the chairman or any of the other truslges, will undertake telephone enquiries or visits lo en8ure monias are given lo provide reli8f in legrtimale circumst8nce8. It follows that grants are not general made to large regKJnal or national organisations unless they have identified a specifi ndlvldual In th8 boundarie8 of the city who meets the ¢ritori8. Oblxtlvm and *etivit• The objects of tha Charity, broadly relate to the use of the income for'the ielief of persons In need in the area of benafil Ilhe boundaries of the area of Ptymouth Crty Council) who aro Sick, convalescent. disabled or infimi by relieving their Suffering or assisting their recovety,. AchSov8monts •nd rIOrnianc• In meeting the objects of the charSty. the Trust hag gfven grants tOW8rds a de range of dlsabled èquipment or fillings for IndSvSdu8ls' homgs. Orx85ionally the Trust h88 yhafod the cost of specrfic building works with other charities, or th8 local 8uthorilie8 and has as818ted with re8pile caro and holiday co$t¥. Where other local organi$ation8 also Seek lo provide 8imllar 8UPPOrt, the truste88 have Sanctioned larger, block grants on the understanding that fvll record$ of the individual reciplents are maintained. In the cas8 of th8 hospice, wh8r8 household fi'ttings or equipment are oftan required for a shortlogn perlod, the Iru81ee8 require that equlpments are retumed to 8 pool" for subsequent further use. E88enllalty the trustees aim lo 888181, in the longer lemi, 88 many pooplg as possible and they would not look to support any exceedingty expenBfve projgct unle88 the charitable c08t$ w¢re Shared e158where. In the 6ame vein, they would not nOmial 8UPPOrt proje8 encompa8sing computer technology in vw of the relalNe 8hort-18m) b¢nefll and the inevitablg longer 16mi replacement costs. The Smallest Individual grant made In 2023 wa8 £132, the largest gr8nt Was £915. Each individual case, as Slibmitted to tha Trust was, as ever, treated on its own merli8. Periodully, the trustees review the number of grants made and, where posslbb. 18k¢ sleps lo encourage an In¢rease In applications made lo the Trust. RMer¥•8 Total rè$erve5 amounted lo £1,196,983 12022 £1,111,183} Including investments and property held for capital appreciation and to provide In¢ome which the ch8rity utilises lo meet ils objoclives. At the end of the financial year fr¢e reserve8 were £45.864 (2022 £52.7961 representing approximately 13 month5 average eyndilure al 2023 levgls. However, this 8um depends on the levol of funding approved by the Iruslees, all applic8tK)ns bèing reviewed on merit. Th9 adequacy of the re8erv&s policy Is reviewed annually. Flnancial rovbgw The total incoming rgsouTces for 2023 were £53.740 (2022 £53.7401, amounts paid to malntain the charity's propety were £4,595 {2022 £11,221) lolal grants paid out were £22,022 12022 £22,101) and the govemance costs for 2023 amounted to £15.71912022 £14,029). The Red Cros8 have agreed to renew their lease for 5 years from 3rd November 2024 on the Same terms as the existing lease and the same rent of £31.OOOpa. The trustees believe that the carrying value of the propety of £300,000 as revl88d in the 2019 accounts, remains appropriate. Page 3
Plymouth Publlc Dlspensary Trustses, Report (contlnued) Pl•n8 forfutuyo p¢rlod8 The trustees intend to contlnue provldlng grants In a Similar way as has been the practice in prev6ou6 yaar8 and drawlng on the same 80urc88 of infomiatlon for prowding the grants. statomont ol Trustoe•' Ruponslbllltl•s The Iruslees aro rosponsible for preparing the trustees, report and the financial statements in acGordance with the United Kingdom Accounllng Standard8 (United Kingdom Ggnerally Aapted Accounting Practice) and appliGable law an¢J regulations. The18w applicable to tharilies require8 the tnJ8tÈé$ to prèpara financial statements for e8ch finanaal year which give a true and fair vi8w of thè slate of affairs of the charity and of the incomlng resources and 8pplication of Tesources of the charity for that period. In preparing these financial Statements, the Iru51ees are requlred to.. 8•lecl suitable aecounling pollcles and then awiy them con815tendy- obsarva the methods and princtple8 in the Chariknes SORP., mAk8 judgements and estima188 that are reasonable and prudent., stale whether applicable accounting stsndards have been followed, gubiect to any materlal dep8rtures dl$c105ed and explained in th8 finan81 8tatements-, and pr8P8re the flnanci818tstement8 on the going concam baBIB unle88 it is in8pproprl81¢ to pre8ume that the charity will continue in businosts. The Iruslees are responsible for keeping proper •¢¢ounling records that di8c108e wrth r•ason8bl8 curaGy 818ny Ilme the financkql position of the charity and enablg them to ensurè that the financial statement8 compty with th8 Charlties Ad 2011, the Ch8rftl8s (Accounts and RoPOrt51 Regulations 2008, and th8 provlsions of the constitution. The Iruslees are a180 responsibl8 foT safeguarding th assets of the charity and hon¢0 for taklng reasonable Steps for the prgvenlion and detection of fraud and other irre9ularits88. The trustees 8re re8ponsSble for the maintenanco 8nd integrfty of the corporate and fin8n¢i81 informallon Indud8d on the charltsble company'8 websito. Legi8ialion govoming the preparation and dl88eminalion of fin8ndg1 slalemen18 may differ from1ggi61ation in othar lur18diction5. The annual report was approved by tho tru8tee8 of the cherlty on .Q.8107/.24and signed on Ils bohall by.. Dr D H Keellng Trustse Page 4
Plymouth Public Disponsary Independent Examine5 Report to the trustses of Plymouth Publlc Dlspensary I rgport to the Iruslees on my examination of tha aets)unt8 of Ptymouth Publi Dispens8ry for the year ended 31 December2023. Re8pon8lb1lltl and bas18 of report As the charity trustees of Plymouth pU1C Dispensary you are responsible for the preparation of the accounts in accordan¢o with the requlrements of the Charities Act 2011 ('the Acfl. I report in r@sp1 of my exarnination of the Ptymouth Publtc Dispensary's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I havg foll¢)wed all the apPle Directions given by the Charity Commission under section 145151{bl of the Act. Ind•p•ndont •MIn$ 8tat•monl I have completed my examination. l Confi that no rnaterial matter8 have come to my attentlon In nnectlon with the examination 9iving me cause lo b81ieve that in any materl81 r88pe(.' 1. accounting record8 Were not kept In re8ped of Plymouth Publlc Dlspensary as required by $o¢1ion 130 of thg Act., OT 2. the arxounls ¢$) not accord with th080 record8,' or 3. the accounts (kj not comply wtth the accounting Tequlrem8nts concerning the fomi and conlènl of aont sel Olrt in the Chartlles IAccounls and R8port81 Regulation8 2008 other than any requiremenl Ihal the accoun18 giv& a 'lrue and fair Vie which 16 not a mattef considered as part of an independent examination. I have no ¢on¢orn¥ and have come acro88 no other matter8 in connection wfth the $x8minalion to whlch attentson Should be drawn In this report in order to enable a proper understanding of the accounlB to be re•¢hed. Matthew Keane ACCA Weslcolts ISWI LLP Pfym House 3 Longbridge Road Mar¥h Mills Ptymoulh PL6 8LT Date.. Page 5
Plymouth Public Dlspensary Statsment of Flnanclal Actlvlties for the Yèar Ended 31 December 2023 Unro8trletod lund• Total 2023 Tolal 2022 Not• Inc¢wn• and Endowm•nt• from: Charitable activities Investment income 35,381 23,067 35,381 23,067 31,000 22,740 Total InMe 58,448 58,448 53,740 Expondtturn on: Chafilable activities (42,338 42.336 47,351 Totsl expenditure Nel Incomo (42,336) 142,3361 47.351) 16,112 16.112 6,389 Oth•r rocognI$ g•ln8 and lo•s•• Nel110$8e$Vgain8 on Inv•8trnant8 Nel movement in fund8 69,688 69,688 99.790 85,800 85,800 {93.401) R•conclll•tlon of fund• Total fvnd8 brought loard Tot81 fund8 carrled forward 1,111,183 1 111,183 1,204,584 14 1.196,983 1,196,983 1,111,183 All of the charfty's activrb88 dèrive from contlnuing operation8 durfng the above perlod6. The fund8 breakd¢)wn for 2022 is Bhown in notg 14. The notes on pages 8 to 16 form an integral part of these financial slatemeni8. Page 6
Plymouth Publlc Dlspensary (Registration number: 267658) Balance Sheet as at 31 Décémber 2023 2023 2022 Fixed assets Investments 11 1,128.075 1,058,387 Currant a88•ts Debtors C88h at bank and in hand 12 14.791 55.658 70.449 14.811 39.865 54.676 Cr•dltorn: Amounts f•lllng du•wlthln on• yMr N•t curmnt a•••ts 13 1,541 1,880 68.908 52,796 N•t aM•ts 1.196.983 1.111.183 Fund• of th• charlty: Unrn8trlctod incom• fund• Unrestricted fund8 1,196.983 1 196,983 1,111,183 1.111,183 Tot1 fund• 14 The financial statamonts on page8 6 to 16 were approved by th8 trustees, and auth0ri8ed for188ue on 031o.71.1. and 8lgned on thelr b8haW by.. Dr O H Keeling Tru8lee The notes on pages 8 to 16 form an integral part of these financk918tstem8nts. Page 7
Plymouth Public Dlspansary Notes to the Financial Statements for thg Year Ended 31 December 2023 1 Aceountlng pollcle• Ststsmont of compllanco The financial $tstem8nts havo been prepared in Cord8ftee wilh the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicabl8 in the United Kingdom and Republic of lieland IFRS 1021 and tho Charities Acl 2011. Basls of preparatloTr Ptymouth Publlc Dispensary meets the definition of a public beneffil entlty under FRS 102. The accounts lflnancial 8tslernenls} have been prepared undar the historical cost convention with items recognlsed at cost or transaction value unles8 Otherwi80 $tsted In lh& relevant notels) lo these 8c¢ounlè. Golng concorn The Iruslees consider that Ihore aro no matorbal unc•rtainties about the charivs ability to continue a8 golng concern. Incomo and •nd¢xvmont• Investment Incon70 Divid8nd$ are r8cogni88d once the dlvidend ha8 bgen declared 8rKI notication has been received of the dividend due. Expondltur• All expenditure is recognised once there 18 alggal or constructive obligation to th81 expenditure, it probable 68ttlem&nt Is requlred and the amount can be measured reliably. AJI ¢0818 are allocated lo the applicable expendilufe heading thal aggregate $imllar ¢0818 to that category. Wh8re costs cannot bo dir&¢tly attributed lo particular headlng8 they have been olloGated on a basis consistent wlth the use of r8Bourc8s, with central stsff cos16 allocated on the basis of time spent, and dapreciatson char9es allocated on the portion of the a8891'8 use. Olhor Support ¢osts are allocated based on the spread of staff co¥l¥. Charttabl8 tIvItIeS Chafitable èxpenditure comprfges those costs incurred by the charity in the dgliv¢ry of its activitiès and services for rts beneficiaries. It includgs both costs that can be allocaled dlreclty to such activiligs and those costs of an indirect nature neces68ry to 8UPPOrt them. Grantprovlslons Provisions for grants are made when the inlenlion to make a grant hos been communicated to the recipient but there is uncertainty al* gilher the liming of the gr8nl or the amount of grant payable. Support C06ts Support costs indud8 Central functions and have been all¢xated to activity cost categories on a basis consistent wlth the use of re80urce8. for example, allocating property costs by floor areas. or per capila. staff costs by the b'mg spent and othgr costs by their usage. Page 8
Plymouth Public Dispensary Notes to the Financial Statements for the Year Ended 31 December 2023 {continued) Taxation The charity is considered lo pass the tests 881 out ift Paragraph 1 S¢h8dule 6 of th8 Finance Act 2010 and therefore il meets the definibon of a charitable company for UK corporation lax purpos8S. Accordingly. the charty is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation T8x Act 2010 or Sedion 256 of the Taxation of Chargeable Gain8 Act 1992. to the extent that such income or gains are applied exGlusively lo charitable wrw)ses. Flxod J¥¥et InvHtments Fixed asset inve$knents, other than programme rélated investrnents, ar8 included at market value at the balance 8heel date. Reali3ed gains and 10858s on investmen18 are calculated as Ihg difference bewn sales PTo¢eeds and their market value at the 81art of the year, or their subsequent cost, and arg Charged or credrted to the Statement of Fin8n¢ial A¢tivitps in the period of disposal. Unrealised goins and losse8 reprasanl the movement in markol values during the year and gre credited or charged to the Ststoment of Financh91 Activities based on the market value al thg year end. Cash and ¢a8h •qulval•nts ash and cash equivalents comprlse cash on hand and call d&p08it8, and other 8hort-term highly liquld investments Ih8t ar8 roadily convertible lo a known amount of cash ond are subject lo an Inyignlflcanl risk of change in vglue. Fund structure Unrestricted income funds are general funds that are av8llablè for u60 at the trustee6 dtscrelion In furtherance of the objectiv¢$ of the Gharily. Flnanclal In#trumonts Classlflcatlon A financial asset or a financial liability is Tecognised onty when the charity becom8B 8 paty lo the contractual provision8 of the instrument. 888ie financial instruments ar8 inrtially recognlsed 8t the amount re¢¢ivablo or payable including any related tran8aclion c08t6. Current assets and current li8bilili¢s aro $ubsequ6ntly m•8$ured at the cash or other con8lderalion axpeeled to be paid or raceived and not di8counled. Debt instruments are subsequenlty measured at amortised cost. whe Investments in shares are publicly traded or their fair value can otherSe be mea¥ured reliably, the investment 15 subsequentty measured al falr value with changes in fair value recogni8ed in income ond expendlture. All other such investments are subsequently measured at cost less impairnent. Pag8 9
Plymouth Public Dispon8ary Notes to the Financial Statsments for the Year Ended 31 D8cember 2023 (continued) 2 Incom• from charftable actlv5tles Unmtrlctsd funds Gonernl Totsl 2023 Rental In¢om8 In$uranco r8¢8ived 31,027 4,354 31,027 4,354 35,381 35,381 UnrKtrlot fund• Genoral Total 2022 R¢ntsl Income 31.000 31,000 3 Inv•slm•nt Income Unmtrl¢tsd funds G•n•rnl Total 2023 Intgr8$1 receivable and Similar Income., Interest receivable on bank deposits Other inGom• from fix•d 888et Inve$tment8 334 22,733 23,067 334 22.733 23,067 Unrn&trlct•d funds Q•n•ral Total 2022 Interest receivable and similar income- Inlgrost receivable on bank dèposits Other income from fixed asset Investsnents 16 22,724 22.740 16 22,724 22,740 Page 10
Plymouth Publlc Dispensary Notes to the Financial Statsments for the Year Ended 31 December 2023 (continued) 4 Expondituro on charitable activiti UnrHtrlct•d funds G•noral Total 2023 Not• Propety Expenses Grant funding of acllvilie8 Allocated support costs 4.595 22,022 15,719 4,595 22,022 15,719 42,336 42,336 Unmtrlct•d fund8 Goneral Total 2022 Propety Expenses Grant funding of activit8 AIIoc8led support cost6 11,221 22,101 14.029 11,221 22.101 14,029 47,351 47.351 Actlvlty undertak•n dlrectly Gr•nt fundlng of actlvlty Actlvlty •upport Go•t• 2023 Charitable activlti88 4,595 22,022 15,719 42,336 Actlvlty undertakgn directly Gr•nt funding of actlvlty Actfvlty •upport co•ts 2022 Charitable activities 22,101 14,029 47,351 S Analy•l• of oupport co•t• Support costs allocated to charltable actlvltle• Total 2023 Totsl 2022 Staff costs Gener81 office Professional costs 8,444 5.997 1,278 8,011 4,294 1,724 14.029 15,719 Pago11
Plymouth Publi¢ Dispensary Notss to the Financlal Statsments for the Year Ended 31 December 2023 (continued) 6 Grant4naking Analy81s of grant• Grants to Infjtitutlons 2023 2022 Grants to IndlvldualB 2023 2022 An•ty81• Grant8 7.500 9,000 14,522 13.101 Beljw are dgtsils of material grarrt8 made to in8ti1ution8. 2023 2022 N•m• of In•tttutlon The18land Trust Shekinah Mission Li8lenln9 Book8 Barefoot Glfted Women Plymouth Soup Run MaGMi118n C8n¢ar Supp)rt 1,000 1,500 1,500 1,000 2,000 2,000 3,000 1.000 1,000 1.500 1.000 7,500 9,000 7 Tru•t•M romun•r411on and •xp•nu• No tru8te88, nor any Ferson8 connected vlth them. have received any remuneration from the charity during tho year. No tru$lee6 have recelved any relmburBed expenses or any other b8nefil8 from the charlty durlng the year. Page 12
Plymouth Public Dl$p•nsary Notes to the Financial Statsments for the Year Ended 31 December 2023 (¢ontinued) 8 Staff cos14 The aggregote payyoll costs were as follow8.. 2023 2022 Stsff co•ts durlng th• y••r worn: Wages and salaries 8.444 8.011 The monthty average number ol perwns emFloyed by the charlty during the year was as follow8.' 2023 2022 No No Averago héad ¢ount of employ* No employeo recelved emolumgnt8 ol more than £60,(h)O durfng the year 9 Ind•pond•nt •xamln•f• r•mun•r•tlon 2023 2022 Oth•r f••# to oxamlnern The examlnSng of accounts of any 888oclat8 of charlty 1,075 1,015 10 Taxatlon The Char 18 a regi8tsred charity and is therefore exgmpt from tsxalion. Page 13
Ptymouth Publlc Dlspensary Notes to the Flnanclal Statsments for the Year Ended 31 December 2023 {continued) 11 Flx•d a8S•t Inv•stm•nts 2023 2022 Olhor investments 1,128,075 1.058,387 othor Investmonts Inv•8tm•nl proport101 Olher Invo•tm0nts Total Cost or Valuatlon At 1 January 2023 Fair value movement 300,000 758,387 1,058,387 69,688 69,688 Al 310ecember 2023 300,000 828.075 1,128,075 N•t book valu• At 31 December 2023 300,000 828,075 1,128,075 At 31 December 2022 300,000 758,387 1,058,387 Investment property 18 caTTied al rt8 fair value al oach reporting date and any changes in the value arè refi6cled in the statemènt of financlal actlvities. The freehold investment property wo9 valued by th• Iruslee8 in 2019. The value was base¢J on markol valueg for Similar building8 and fait1y reflect8 the racoverabie amount of the properly. Th8 falr value 18 not ba8ed on a valuation by an Independent valuer. 12 Deblorn 2023 2022 Prepayments Accrued income Other debtors 313 13,478 1,000 14,791 338 13,473 1,000 14,811 13 Cr•dltOrn: omounts fallSng dy• wlthln ono yoar 2023 2022 Accrua18 1,541 1,880 Page 14
Plymouth Public Dispensary Notes to the Financlal Statements for the Year Ended 31 December 2023 (continued) 14 Fund8 Oth•r r•cognl8od 9oln81 {108888 8alanc• at 31 D•c•mb•r 2023 Balance at 1 January Incoming RMourc•8 2023 M•oufe•8 expend•d Unmtrletod fund• General Funds ProFety Revaluation Investment Revaluation 177.806 300.000 633.377 58.448 142,3361 193.918 300,000 703.065 69,688 1,111,183 58,448 42,338 69,688 1 196,983 oth•r recogn18•d galnsl B•l•n at 31 DK•mb•r 2022 8•lanco at 1 January 2022 IncomSng RMour¢•• r••ourG•• •xp•nd•d Unrestrlctsd fund• Ggneral Funds Property R8valuotlon Invoslment Revaluation 171,417 300,000 733,187 1.204.584 53,740 (47,3511 177.806 300,000 99.790 833,377 53,740 1.111,183 47,351 99.790 Page 15
Plymouth Public Dispensary Notes to the Flnanclal Statements for the Year Endod 31 December 2023 Icontlnued) 15 Anaty81• of not •8•ats beln fund• Total fund8 at31 Docembor 2023 Unrostrlctod funds General Fixed asset investments Current aosets Currenl1Sabilitle8 1,128,075 70.449 1,541 1.196,983 1,128,075 70,449 1,541 Total net aosets 1,196,983 Total fund• at31 D•c•mbor 2022 Unr•strlclod lund• Gonorll Fixed asset inveslmnts CurTonl a$$ets Current Ilabililies 1.058,387 54.676 1,058,387 54,676 1,880 1,111,183 Total net a81$ 1.111,183 16 R•lat•d p•rty trnn••¢tlon• There wera no reloted party tran8action8 In the yaar. Page 18