REI GSSTERED CHARITY NUMBER: 267973 PAULTON IIIEMORIAL HOSPITAL LEAGUE ofi FRIENDS REPORT OF THE TRUSTEI ES AND FINANCIAL STATfi MENTS FOR THE YEAR ENDED 30 JUNE 2021 Chartered Accountants & Financial Advisors PAULTOh' MLMORIAL HOSPITAL LEACUE OF b"RIEI NDS CONTENTS ofi THE FINANCIAL STATEMENTS FOR TIlf YfiAR IINDED 30 JUNL 2021 Report of the Trustees EndepeNdent Ei x#miner's Report Statenierit DI Financial AetlvitjÈ5 Balaiice Sheet Notes to the FSnaiicilll Slatemeaitg Detail¢d Statement of Finall¢ial Actlvlties 12 PAULTON MEMORIAL HOSPITAL LEAGUE or FIRIENDS RKPORI. Op THE TRUSTEEtS 4OII THE YEAII ENDED 30 JUNE 2021 Tlie trustees pr¢senl tlieir repo¥t witli tlie financial sla(e5neiils of tlie charity for tlie year ended 30 June 2021. Tlie tl-uslees have adoptLd Lli¢ pi'ovi5ions of Accotii)tinLF a11d Ilei)ortiiig by Cliaiitses., Statement of lie¢oniinended Practice appliccible co ch&lllties prepllring their accouiils in accord￿nce witli the Piiiancial Rcporting SlandHI'd applicable ii) the UK and Republic of Ireland IFRS 1021 (effective l J￿1)liary 2015). OBJECTIVES AND AC'fiviTIE4S Objeetives and *iJR]$ T11c object of 111e ch#i'ity is io relieve palieiits nd foi'm¢r pitients of the Paiilton M¢niorial Hospital wlio are sick, convalesc¢iit, disabled, I1￿1]dI¢￿pPQd, iiifirm or in lleed of finai?¢li¢14ssislaiice aiid generally tt> suppol I thc cliaritablL woi.k of the said Hospital aiid its community. ACHIEVEMENT AND PERf4ORMANCE Fundraisiiig activltÉes Tlie fund5 were inniiily I'aised thi'ough general dona(lQl)s, siibsci'iptions and iiivegtmcnl interest on cash lield. This year's Chri51inas Fayre due to be lield in NoveniberlDecembei' 2020 was cancelltd diic to Ihe oiigoing COVID paiideniic. The sweet ti'olley & book slall has also ieiniiiied discontinucd since MarGli 2d20 ivith dale yct agrccd to recomm¢n¢¢ thes¢ S￿vices. Followiiig th¢ $15ccessful sale of tlie properties Ind land belonging Lo the late Mr Waltei. Johii Richard's ¢state, tlie Leagiie received d furihei. £32,567 a5 tlie firtttl distribution. Two furilier l¢gaci¢s were received duiing Ihe yeai. as follows makii)g the total legacy esta￿ Èttcoine receivcd as £110,062.. Ms E ScDtI- r¢ h¢r late son's estate Tlie L&le Ray Ashinan's eslatc - £20,0(X) £57.495 Coimmittee Ine¢tings are iiorinally l)eld qiiartei'ly where e%pci)diture reouests are sanctioned hnd the coniinittee are updated biicfEd by d¢pat'tinental representatives witl)in tlie Iiospiial. Due lo Ilie pandemic m¢¢tings were suspciided iinlil Mai'ch 2022. Diii'ing th¢ inlerv¢iiing period any expciiditurc requesis werc agr¢¢d via telephonelemail cominuiiication to th¢ committee members and obtaining & majoriiy 8gi'eemei)t fi'om cominittee Ineinb¢rs. RKSOURCES EXPENDfiD A total of £23,968 wa5 donated on eqiiipmont & services duriiikF Ihc yeai. lo incliide a defiTr)rillalor rosling £2,063 & Bladder scall￿ti. of £7.100 for the John Staecy niaiii ward ti)getliei with £3,821 wortli of ¢quipinenl (Dr tl)e Malei'iiity Duriiig tlie year to 30 June 2021 it ivas also agr¢¢d lo tlliid £1 D,000 towai.ds thc refui'bishinent of the MinoT Injui'ies Unit. Woyks will lTrOp¢￿1]Y coiiinience in tlie #ot-too-distaiit futurc. rillTIIRE DEVELOPMENTS In Mapch 2022 tli¢ League agi'eed iii principle to l)¢lp towards the pyirhase and install&tioii of a ttew Xray niachirte for Paiilton Hospital. t)iscussions Eire 11) progiyss and hopcfi)Ily an agTeed price aiid inst&llation dat¢ will be fortlicoming withiii the iiext ftw mDntlL5. COVID 19 PANDEMIC Due 10 Il)e pandcinie meclings were suspended froni Nlarcli 2020 with olli. first Ineeting post pat)den)ic being h¢ld in March 2022. During tlie interYeni11g period aiiy ￿pe11d11ui'e r¢qu¢sls ivere agre￿ via tel¢plioftelemail coniinui)icatioi) to tlie committex Im¢nibers and obtaining a m&joTity agi'eemert from cominitlee i)iemb¢rs. Pag¢ I PAULTOli MEI MORIAI. HOSPII'AL LEAGUE OF fRIENDS REPORT or THE TRUSTECI S IroR 1'HE YEI AR F.NDED 30 JUTrIE 2021 STRUCTURE, GOVERNANCE AND MANAGEMEI N'r Governing document The Paiilton Memorial Hospital Ledgue of friends 15 congtithted by Deed of Trust adopted on 18 April 1974, and is a registei'ed ¢harity. Iletyuitrnent and ai)pointinent of new trustees 'ri'ustees are appointed by the board on i'enewable three y¢ar terms. Risk managemcnt 'rhe trustees have a duty to identify and revieiv the risks io which Ihc charity is exposed and to eiisttr¢ appropriate cootrols are in place to pr(Ivide reasonable a55u1.ance against fraud and error. RED ERENCE AND ADMINJSTRATIVE DET AILS Registered Charity i)umber 267973 Principal #ddi'css SalisbuTy Road P8ulton BS39 7SB Trustees Mi's S Padfield (resigned 24.4.21) B Goode l House J Yoiing D Montacute Mrs l Towells Mrs G Gould Mr5 J Stenner Mrs P Rogcrs T Wynne Mrs C WynnB Ms Ic fallon Mrs D Robeits (resigned 5.6.21) Mrs A Evans Indepelldejil xaMI￿er PG Owe21 Liniited CharteiEd AccDunlanlS 124 14igh Street Midsotner Norton Bath BA3 2DA 13.9-12 Approved by order of the board of trustees on ............,..... .......................... and signed on ils behalf by.. I14ouse- rustee P8ge 2 INDEIPENDENT RXAMINCIR'S REIPORT TO THL'fRUSTEES OF PAUL'foN MEI.IqORIAL HOSPITAL L£1 AGUE OF f4lllENDS Independent examiner's repiirt til tlie trustees of Poullon Memnrial Hospitul LeAgue of Fyieiids I repoi'c 10 the charity Irustees oil my examiiiution of tl)e accounts of Paulton Memoi'ial HospitAI League of Fi'i¢nds (the Ti'ust) foi. the ycar tnded 3L) June 2021. Re5ponsibilitit5 &iid ba515 of report As tlie charity ti'ustees of the Trusi you are r￿pOnSIble for the preparation of the accounts in ac¢ordat)ce with the requirements of the Charities A¢t 2011 ('the Act')- I report in respect of niy ¢xam&i)atioi) olihe I rust's accounts carried out undei. section 145 of Ilie Act and in carly11￿ oul my examillation I have followed all applicable Direciions giveTh by (he Ch&rity Commtssioii under section 145(5)(b) of the Act. Iiidepcildent ¢xaininer'¥ 51Rlement I have cornpl6ted my examination. I confirni that no n)at¢rial matters ha￿ come to my attention in connection with the examination giying me Cause to believe that in any Jnaterial respect- accounting records were ntrt kept in respect tsf tl)e Tiust as required by stclion 130 of the Act. or the accounts do not accoi'd with those records., oi. the accoullts do not comply with the applicable requiremeiits con¢6ming the form and content of aecounts set out in the Chai'ities (Accounts and Reports) Regulaiions 2008 otlier than any requirem¢nt that the accounts give a true and fair view whiGh is noi a tnatter considered as part of an independent examination. I have no concerns and have come ttcross no other matters in connection with the examination to which attention should be drawn in this report in ordei. to ¢i)able a propel. understandiiig of tlie accounts to be l'eached. R N Browning BA (Hons) FCCA FCA FAIA Brp PG Owen Limited Cliart¢red AccDiJJltanis 124 High SttTet Midsomer Norton Bath BA3 2DA Date.. Page 3 Chalterod Accountants Finoncial Advisors PAULTON Mri MORIAL HOSPII'AL LEIAGUE or riRIEN'DS STATEMENT OF fi fNANCIAL ACTIVITIES FOIITHE yll AR ENDED 30 JUNC 2021 2021 Uni'estricted fi￿d 2020 Total funds Notes INCOME AND Ef4DOWMENTS FROM DoiiAtions and legacies 111,744 9,527 Investment incotne 10,416 7.995 Total 122,160 17,522 EXPENDITURE ON Raising funds 665 other 25,645 16,185 Tothl 25,645 16,850 Net gainsl(losses) on ittvestments 108 (176) NLIT INCOME 96,623 496 RECONCILIATION OF FUNDS Total funds brought forward 1.166,022 1,165,526 TOTAL FUNDS CARRIED FORWARD 1.262,645 1,166,022 The notes foiyn parl of these financial stat¢menls Page 4 PAULTOli MEI MORIAL HOSPITAL LEIAGUE or FRIENDS IIALANCE SHr,ri T 30 JUNE 2021 2021 Unrestri¢t¢d fi]nd 2020 Total nds Not¢s FIXED Assfi TS Itiveslments 324 216 CURREI NT ASSETS Stocks DebtQTS Cash at bank and iii hand 14 60,681 1,220,386 14 42,871 1,131,207 1,281,081 1,174,092 CREDITORS Amounts falling due within one year (18,7601 18,286) NET CURIIINT ASSETS 1,262,321 1,165,806 TOTAL ASSITS LESS CURRENT LIABILITIES 1,262,645 1,166,022 NET ASSEITS 1,262,645 1,166,022 FUNDS Um'estricted fiu)ds 10 1262,645 1,106,022 TOTAL FUNDS 1,262,645 1,166,022 The finat)ciJl statements wei'e approved by the Bts￿'d of Trustees and authoi'ised for issue 1.3.-..9..- 2.1............. and were sEgn¢d on its behalf by.. on - Trustee . l House- Tiustee The notes forin part of these financial statements Page 5 PAULTON MEMORIAL HOSPITAL LE4 AGuf OF FRIENDS NOTEI S TO THE filNANCIAL STAI'LMfi NTS F()R THll YEAII EINDEID 30 2021 ACCOUNTING POLlClfS Bxsis of pi'epariiJ# the financial statements The fiiiancial stalcinents OF the chai'ity, which is a public benefit entity under FRS 102, have been prepared in accordance witli the Charities SORP (FRS 102> 'Accounting and Repoiting by Charitie5.' Stateineiit of Recoinmended Pi'actice ITAL LEAGUE OF FRIEI NDS NOTES YO THE FINANCIAL STATF.Mf.NTS- contiiiii¢d FOR THE YEI AR ENDED 30 JUNI 2021 TANGIIILI FIXED ASSETS Sliop fixtures & fittsngs COST At l July 2020 and 30 June 2021 600 DE¢ PREI CIATION Ai i July 2020 and 30 June 2021 600 NET BOOK VALUE At 30 June 2021 At 30 June 2020 FIXED ASSET INVEsfMEI NTS Listed investsnet]ts rrfiARKET VALUI At l July 2020 Revaluations 216 108 At 30 June 2021 324 NEIT BOOK VALUE At 30Jurtc 2021 324 At 30 June 2020 216 There weie no investment assets outside the UK. Cost or valuation at 30 June 2021 is represented by,, Listed investments Valuation ip 202 324 Lloyds Banking Group pl¢ sl)ares held at the end of the financial year- 693. Page 8 continued... PAULTON MEMORIAL HOSPITAL LEAGUC OF f*RIENDS NOTES TO THE IIINANCIAL STATEMENTS_ contiiEu¢d FOR THE YEAR ENDED 30 JUNf. 2021 STOCKS 2021 2020 Stocks 14 14 DEIITORS: AMOUNT,8 FALLING DULI WITHIN ONE YEAR 2021 2020 Diiiiations aiid sub5criptioiis Accrued inv¢stment income Prepa)qnents and accrued iiicL)me 60,384 180 42,692 62 60,681 42,871 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Cftditors and accruals Charitable commitments 676 18.084 781 7,505 l8,760 8,286 10. tVIOVEMEI NT IN FUNDS Net movement in ￿lldS At 30.6.21 At 1.7.20 Unrestrl¢ted funds General fund 1,166,022 96,623 1,262,645 TOTAL FUNDS 1,166,022 96,623 1,262,645 Net movement in funds, included in the above are 88 follows.. Incoming resources Resouires expended Gains and los%es Movement in funds Unrestyicted funds General fund. 122,160 (25,645) 108 96.623 TOTAL FUNDS 122,160 (25,645) 108 96,623 Page 9 COl)tinued... I'AULTOYI MBMI ORIAL HOSPITAL LC4 AGUE OP FRIEI NDS NOTES I'O THE riTh AliCIAL STATEMENTS- eontittued FOR THE YEAII EINDED 30 JUNK 2021 10. MOVEMENT IN JfuNDS- contiiiueil Comparatives for movcrneiil in funds Net ovem¢nt in funds At 30.6.20 At 1.7.19 Uvreslricted lunds (Feneral ￿nd 1,165,526 496 1,166,022 TOTAL FUNDS 1,165,526 496 1,166,022 Comparative net movemeiit in funds, included in the above are as follows.. Incoming resoujces Resources expended Gaiu5 and losses Movement in ￿ndS Unrestrlcted funds Gellei'ul fund 17,522 (16,850) (176) 496 TOTAL FUNDS 17.522 (16,850) (176) 496 A cutyent year 12 Jnonths and prior year 12 Inonihs cgmbined position is as follows- Net movemeiil in futLds At 30.6.21 At 1,7.19 Unre51ricled funds G¢nei'al fund 1,165,526 97,119 1,262,645 TOTAL FUNDS 1.165,526 97,119 1.262,645 A CUlTent Ye￿ 12 I￿OnthS and prior year 12 months combined net movement in ￿nds, included in the aèove are as follows.. Incoming resouires Resour¢es expended Gains and losse5 Movejnent in funds Unre5ti'icted funds Genei'al fiind 139,682 (42.495) (68) 97,119 TOTAL FUNDS 139,682 (42,495) (68) 97.119 Page 10 ¢ontinued... PAULTON MEMORIAL HOSPITAL LEIACbUE OF fiRIL¢E%DS NOTb.S TO THE b INANCIAL S'I'ATEMEI NTS - cOnti￿lled FOR THE YEAII £NDE4D 30 JUNE 2021 ii. RELATEI) PAIITY DISCLOSUREI S Thore wei'e no relaied party trdnsactions for the yeai. ended 30 Junc 2021. Pag¢ 11 PAULTI)N MEMORIAL HOSI>ITAL LF.AGUL OF fiRIENDS l)LITAILED STATIMEINT or FINANCIAL ACTIVITIES roR THE YEIAR EINDEID 30,IUNE 2021 2021 2020 INCOME AND JINDOWMCI IYTS Doiiation5 and legacles Donaiitsns I￿gac]eS Subscriptions Sweet trolley Cliristinas fayre Book stall 1,550 110.062 132 6,904 272 223 1,507 621 111,744 9,527 Investment income Lloyds bank deposit 10.416 7,995 Total incorning resources 122,160 17,522 I XPENDITURE Raising donatlons and legaeses Sweet ts"olley C]ll'iStma5 fayre 176 489 665 Othe Insurance Equipment Palieiits, ¢lll'iStmas presents Other costs 316 23,968 204 482 381 14,254 109 791 24,970 15.535 Support eosls Goverijance costs Accountants fees 675 650 Total resources extiended 25,645 16,850 Net Income before gaiiis Hnd losses 96,515 672 Refilised i'ecognised Ealits and losscs Realised 8ain¥lllosses) on fixed asset investments 108 (176) Net income 96,623 496 This page does not form part of the statutory fmancial statements Page 12