REGISTERED CHARITY NUMBER: 267973 PAULTON MEMORIAL HOSPITAL LEACUE or FRIENDS REPORT OF THE TRUSTEES AND FINA]YCIAL STATEMENTS FOR THE YEAR ENDED 30 JUTrIE 21J25 Owen Limited Chartered Accountants & Business Advisors
PAULTON MEMORIAL HOSPITAL LEAGUE OF FIUENDS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 311 JUNE 2025 Th¢ trustecs prescnt their rcport with the financial statemciits of the chariry for the year ended 30 Jknne 2025. The trusices have adopted th¢ provisions of ALCOUllting alid Reportiiig by Charitics.. Siat¢rnent of Recommended Practice applicable io charities prepariiig their accounts in accordance with the Finaiicial Rcporting StandaTd applicabl¢ in the UK and Rcpublic of Ireland IFRS 102) {cffecrive l Jajiuary 20151. OBJEcfivES AND ACTIVITIES ObJectlves a5ms Tlie objeci of the charity is lo reli¢v¢ paiients aiid fonncr paticnts of the Paulton Memorial H05Pital who sick. onvalcscent. disabled. handicapped, infirm or iii need of liiiaiicial assistanc¢ and generally to support the chariiable work of th¢ said Hospital and its comn]unity. ACHIEVEMENTS AND PERFORMANCE Fyndr*lslng Activltl¢s Thc fuiids were mainly rbiscd through 8cneral doi)8tions. subscriptions and investm¢nt interesi on cash h¢ld. Ther¢ was a large l¢gacy of £51,174 ce1Ved from Lhc late Patrici8 Smith. Cornmitiee meetings are normally held quartcrly whcre cxpeiiditure rcque5ts a &anctIon aiid the commiLte¢ are updatcd ai)d briefed by dcpartnK'ntal rcpr¢scnlaiivcs within the hospital. RESOURCES EXPENDED A total of £9,325 was donalcd on eqUIpnnI & Stlc¢5 during the yeai. to in¢lude NTO Soff¢nlO SUPPOrt chaiis for The Johm St8c¢y ward & u hi¥h defiiiiiion Xray viewin¥ platform lo accompany Ihe alrc8dy in SIN Xray machinc (£16,320 last ycarl. W¢ also expend¢d £22,820 on the r¢rbLshrnc1j1 of Ihe Conservatory & D8yrooni. FUTUIiE DEVELOPMETrITS Thc Tiust arc 1)di1)g a gardcn r¢-vamp project for the hospital grounds aiid havc asked for some financial ¥upport from Despitc a delay the proj¢¢t has commenccd & will be coniplctcd durii)g Sprin8 2026. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Paulton Memorial Hospital Lcague of Fricnds is coi)sliLutcd by tked of Trnst adopted on 18 April 1974, aL)d As a registered chHrity. Recrultment gnd appolntTnent of new tn151ees TtV5tee5 are oppointed by the board 01) rciiewable thrcc year tcrms. Rtsk management Thc Lruslces have a duty to idctliify and r¢vicw Ihc risks to which lh¢ charity is exp05¢d and to ensiire appropriate ¢onirols are in placc to provid¢ rcasonablc a5suranc¢ 8g&insi fraud and error. REFERENCE AND ADLVIINISTRATIVE DETAILS Reglslered ChArlty number 267973 Pr5nclpal address Salisbury Road Paulton Bristol BS39 7SB Page I
PAULTON MEMORIAL HOSPITAL LEAGUE OF FRIENDS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2D25 Trustees Mrs G Gould (Chair) Ms T Bidwcll IS¢cretary) Mr l House ITreasur¢rl Mrs J Young Mr D Moniacule Iresign¢d 9.12.25) Mrs J Tow¢lls Mrs J Stenner Mrs P Rogers Mr T Wynne Iresigned 9.9.251 Mr5 C Wynne (resigned 9.9.2SI Ms K Fallon Mrs A Evans Mr B Goode Ircsigned 9.9.251 Mr M Hosking lappoiiitcd I1.9.241 Ms C Tathner lappoint¢d I1.9.241 M5 K Rurg¢ lappointcd I1.9.241 Independent Examlner PG Owen Limited Chartercd Accouniants 124 High Sti'cct Midsomer Norton Baih Avon BA3 2DA Approved by order of the board of tn15tees oli . aiid 5ign¢d on its b¢half by.. Mr l Hous¢ (Trwurcrl- Trus1¢¢ PaMFe 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PAULTON MEMORIAL HOSPITAL LEAGUE OF FRIENDS lThd£pendent eyamlner's report to the trustees of Paulton MeThorlal Hospltal Leggue of Frlends T report to the charity lrnStee5 011 my exaniinaiioii of the accouiits of Paultoii Memorial Hospital League of Friends Iihc Ttustl for thc year ended 30 Juiic 2025. Respon5Tbillties and bas15 of report As the Ghai'ity trustees of the Trust you are rcspollsible for the preparation of the ac¢ouniS in accordance with Ihe requiremeiils of (he Charicies Act 2011 I'ihe A¢t'l. I rcpori ID respect of tny eXanliatioi) of Ihe Trn51's accounls Caled out ut]der Seciion 145 of the Act and in carrylng out my examination I have followed all applicable Directions giveii by the Charity Coinmissioii wider Sectior$ 14515llbl of th¢ Act. Independent ex*nner'S statement I havc compleied my cxaminarioii. l collfirm that iio material m3iicrs have come 10 my ortcntion iii connecllOI) With the examination givin8 rne causc to believe that in any matcriAI respect.. accounting records were Dot kept ii) Irsp¢¢i of die Trust as requiied by Section 130 uf the Act.. or Lhc accouiils do i)ot accord with Lhose records., or the accounts do iiot comply with the dpplicable requirem¢nls conceniing the foim aiid ¢ontent of accounis sc¢ Oill in tlic Chari(Ics IAcLOUllts and R¢porisI Regulaiioiis 21)08 oihci" than aiiy requircmeiii that Ihc accounts gil'e a truc and fair view which 15 not J rna¢ter considcitd as part of an independcnt examiiialion. I have iio Gonccrn5 and have come aeross no othcT fflaiiers in coiinecrion wilh the cxamiiialioi) (o which attention should be drawn iii this report in order io enable a proper uiidcr&(aiiding of Ihe accowiis Lo be reached. R N Browniiig BAIHons1 FCCA FCA FAIA FIFP PG Owei) Liniited Chanered Accouniants 124 Higtl Sweet Midsom¢T Norioi? Bath Avon BA3 2DA Dale.. Zq&K Owen Limited Page 3 Chart&red Aeeountants & Buslness AdvisDrS
PAULTON MEMORTAL HOSPITAL LEAGUE OF FRIENDS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 21125 2025 Unrestricted Ojrtd 2024 Total fwlds Notcs INCOME AND ENDOWMENTS FROM Donatsons and Icgo¢i¢s 63.095 1,813 Invesrment income 26,265 14,916 Tot81 89.J60 16,729 EXPENDITURE ON Other 35.894 19,961 Nei gains on investments 142 83 NET INCOMEI{EXPENDITURE) 53,608 13,1491 RLCONCILIATION OF FUNDS Total funds brought forward 1,142,378 1,145,527 TOTAL FUNDS CARRIED FORWARD 1,195.986 1.142,378 The notes form pai'l olth¢sc financial statements PabTe 4
PAULTON MEMORIAL HOSPITAL LEAGUE OF FRIENDS BALANCE SHEET 30 JUNE 2025 2025 Unrestricted fund 2024 Total fviids Notes FIXED ASSETS Invcstments 527 385 CURRENT ASSETS Dcbtors Cash at bank 71.366 1.149.776 1,354 1,150,549 1.221.142 I.ISI,903 CREDITORS AmounL%' falliiig due within on¢ yepi. 125.6831 19,9101 NET CURRENT ASSETS 1,195,459 1,141,993 TOTAL ASSETS LESS CURRENT LIABILITIES 1,195,986 1,142,378 NET ASSETS 1,195,986 1.142,378 FUNDS Unres¢ricted fwidb 1,195,986 1,142.378 TOTAL FUNDS 1,195,986 1.142.378 Thc flnancial stat¢m¢nts WCTC approved by the Board of Trustees and authoriscd for issue and were 5igncd on its beh]r by.. on IChair)- Trustee Mr I House ITreasurerl - Trustee Th¢ not¢s Corrn part of these financial slateD]ents Page S
PAULTON MEMORIAL HOSPITAL LEAGUE OF FRIENDS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 AccouiYrtNG POLICTES Bxsls of preparlng the financl41 statements The financial Statements of ihc charity. which 15 a public b¢n¢fJt ¢ntiiy under FRS 102, have been pr¢par¢d in accord8fLte with ihc Cl)arities SORP IFRS IQ2) 'A¢counting and Rcporting by Charities.. stament of Re¢onim¢ndcd Practice applicablc to ¢haritics prcpai'ing Iheir accoun¢S 11) accordance wilh the Financial Rcpoi1ing Standard applicable in Ihc UK and Republic of Ir¢land (FRS 1021 leffeetive l January 20191,, Financial Reporiing Standard 102 Thc Financial Reporiing Standard 8ppli¢ablc in th¢ UK and Republic of Ireland, and the Charitics Aet 2011. The financial stalcnKn(s have beeji prcparcd under the histori1 cost Loiiveiitioji, wilh the exception of invc&tments which are iii¢lud¢d ai niark¢t valllc. Income All income is recoEniscd in the Statement of FinaJiLial Activities once the charity has entitlcm¢nt to ¢h¢ fwlds. il is probablc that the incom¢ will be reeeived and the amounr can be nKa5ured reliably. Expenditure Li8bilit1¢5 Iccognised as expcnditurc as sooii 95 Ihcrc is a Icgèl or coi)stNciivc obligation committing the charity io that expeiiditure, it is pi'obabl¢ that a trall&fcr of ecoiioniic beiicfits. will be requir¢d in sctllemeni and th¢ amounl of the obli8atioi) can bc measured reliably. Exp¢tidiiur¢ 15 a¢countcd for on an accNals basis and h85 be¢n classifjcd uiider headings thai au¥rcgatc all cost I'clated ro thc ¢alegory. Wh¢r¢ costs canr]oi be directly aitribu¢ed to particulaL' headings thcy have beeii alloeated to activilics 01) a basis consisicnt with thc usc of rcsource¥. Tn8lble flxed a$ts Depreciation is provided at the following annual rntes iii ordcr to write off eaeh asset over its eslimaced useful Shop fixttjres & fittings 25D/o on reducin8 balanc¢ TaxAtlon The charity is ¢x¢mpt from tax oli ils ¢hariiablc activities. Fund Accounting Unrestricted fjjnds cali be used in accordancc with thc charitablc objectives at thc discr¢tioii of th¢ Lrustces. Restricied fuiids can only be used foi. pai'licular I'cstriclcd pui'pos¢s wilhiii Ihc obj¢cts of th¢ ¢harity. Restrictioiis arib¢ whcn spccificd by thl donoi. or wh¢n fuiids ar¢ Tai5¢d foi particular rc¥lricL¢d purposes. Further explanaiion of the nature and purpose of each fund is includcd in ihe note5 Ihe financial statemcnts. Legacles recelvble Lcgacies received are dctailed in the Trust¢es R¢port. INVESTMENT INCOME 2025 2024 Lloyds bank dtposit CAF 12 mth Fixed Jnl¢r¢5t 11,755 14,510 14,916 26,265 14.916 Page 6 continued...
PAULT0Tr4 MEMORTAL HOSPITAL LEAGUE OF FRIENDS NOTES TO THE FINANCIAL STATEMEprfs- continued FOR THE YEAR EiYDED 30 JUNE 2025 TRUSTEES, REMUNERATION AND BENEFITS There wer¢ n(Tr tnisfees, remuneration oi. other benefst5 foi. the year ended 30 June 2025 nor for the year ended 30 June 2024. Trustees, eXpeSe$ No ttusiee expe115cs were reimbur•ed during the year eiided 30 Jun¢ 2025. COMPARATIVES FOR THE STATEMENT OF FTNANCIAL ACTTVITIES Unrc&tricied fund INCOME AND ENDOWMENTS FROM Donat(ons aiid Icgacies 1.813 Investmei)l incomc 14,916 Tot*1 16.729 EXPENDITURE ON Othcr 19,961 Net gains on investmeiils 83 NET INCOMEIIEXPENDITURE) 13,1491 RECONCILIATION OF FUNDS Total fund5 brought fotward 1,145,527 TOTAL FUNDS CARRIED FORWARD 1,142,378 TANGIBLE FJXED ASSETS Shop fjxturcs & fi¢tings COST At l July 2024 and 30 June 2025 600 DEPRECIATION At l July 2024 aiid 30 June 2025 600 NET BOOK VALUE At 30 June 2025 At 30 Junc 2024 Pagc 7 continued...
PAULTON MEMORIAL HOSPITAL LEAGUE OF FRIENDS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR EI¥DED 30 JUNE 2025 FIXED ASSET INvESTIENTs Listed iiivestments MARKET VALUE Ai l July 2024 Additions 385 142 AI 30 June 2025 527 NET BOOK VALUE AI 30 June 2025 527 At 30 June 2024 385 ThcTC wer¢ no invcstmcnt &ssets outside the UK. Cost or valuaiion ai Jn Jiinc 2025 is reprcscntcd by.. Listed invcstments Valuation in 2021 Valuation in 2022 V8lualion in 2023 Valuation in 2024 Valuaiion in 2023 324 {J21 i() 83 142 527 Lloyds Banking Group plc shares held 81 th¢ ciid of the fillaiicial ye8r- 693. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Ac¢rued inv¢stmcnt incon Income tax rcfunds Legacies Prepaymcnts and aecrned income IS,034 291 51,174 4.867 923 291 140 71,366 1,354 Pag¢ 8 continued...
PAULTON MEMORIAL HosPAL LEAGUE OF FRIENDS NOTES TO THE FINANCIAL STATEMENTS- CODliDued FOR THE YEAR ENDED 30 JUNE 2025 CREDITORS: AMOUNTS FALLtNG DUE WITHIN ONE YEAR 2025 2024 Creditors and aecruals Charitablt commitments 1,178 24,505 850 9,060 25.683 9,910 MOVEMENT IN FUNDS Nct movemeni in funds At 30.6.25 At 1.7.24 unrtrIcted funds Geneial fund 1,142,378 53,608 1,195,986 TOTAL FUNDS 1,142,378 53.608 1.195.986 Net movement in fvnd$, included in the above are a6 lollows.. Incomin resources Re50urc¢5 expended Galns And losses Mov¢m¢nt in fui)ds Unre51rlc¢ed fvnds General nd 89,360 135,8941 142 53,608 TOTAL FUNDS 89.3(10 135,8941 142 53,608 Compira¢lve5 for movement In fund Ncl movement in funds At 30.6.24 At 1.7.23 Unr¢$trl¢ted funds General fvnd 1,145,527 {3,149} 1,142,378 TOTAL FUNDS 1,145,527 13,149) 1,142.378 Comparative ttet movement in fithds. irteluded in the above are as follows., In¢oming resources Resources expcnd¢d Gains and losses Movetnent in ndS Unrestricted funds Gcneral nd 16,729 119.961) 83 13.149) TiyfAL FUNDS 16,729 119.961) 83 {3.149) Page 9 continued...
PAULTON MEMORKAL HosprrAL LEAGUE OF FRIENDS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE TrTAR ENDED 30 JUNE 2(125 MOVEMENT IN FUNDS- conllnued A curr¢nt y¢ar 12 months and prior year 12 months combined positloll 15 as follows.. Net movemeiit in fidS At 1.7.23 30.6.25 Unrestricted funds Gctheral Lid 1,145,527 50,459 1,195,986 TOTAL FUNDS ,145.527 50,459 1,195.986 A curren( year 12 Mo(hS and prior year 12 mnths combiiied nel movem¢nt in fiiiids. included in the above ar¢ as follows.. Incomiiig rcsources Re5tsurces exp¢rydcd Gains at)d 105seb Movemcnt in fuDd$ Uhrestrlcted fund5 Gencral fund l D6.089 {55,855) 225 50.459 TOTAL FUNDS l (J6,089 155.8551 225 50,459 10. RELATED PARTY DISCLOSURES Thei'e were no rcl4¢ed party tranbactions for ihe year end¢d 30 Julie 2025. Page 10