2022-03-31-accounts - League Of Friends Of The Royal Eye Infirmary Plymouth

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Names	and addresses ofadvisers	and addresses ofadvisers	(Optional information)	(Optional information)
T eofadviser		Name	Address
Bankers		CAF Bank Limited	25 Kings Hill	Avenue	Kings Hill	West Mailing	Kent ME194TA
Independent	Examiner	Zena Commander	59 Downfield	Drive	Plympton	PL7 2DP
Name ofchief	executive	or names ofsenior staff members		(Optional information)

~ a	~ ~
Description ofthe charity's trusts
Type ofgoverning document	Written Constitutions 1975,2007 and 200&
How the charity is constituted	Trust
Trustee selection methods	Appointed by the Trustees
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:	The Charity is administered by a Management Body comprising the President, Vice-President, at the Trustees' discretion, and a Committee comprising up to fifteen Members who are elected at the Annual General Meeting by the subscribing members ofthe Charity. The Charity's Officers,
s policies and procedures adopted for the induction and training oftrustees;	who are drawn from the committee, are the Chairman, the Honorary Treasurer, the Membership Secretary and the Canteen Manager.
~ the charity's organisational structure and any wider network with which the charity	Elected members serve for a term of three years and are eligible for re- election without a maximum term ofoffice. The Committee may co-opt new members to the Committee. Members ofthe Charity, staff ofThe Royal Eye
works;	Infirmary, Plymouth, interested parties and	members of the public may
~ relationship with any related parties;	attend meetings ofthe Committee where, at may speak but not vote.	the Chairman's discretion, they
~ trustees' consideration of major risks and the system and procedures to manage	The day-to-day management of the Charity the Charity by the Committee.	is delegated to the Officers of
them.

		~ ~ r ~ r
		The objects of the Charity are set out in its Constitution, adopted	on
		January 22, 1975, as amended on June 29, 2007, and June 26, 2008.
		These are to provide assistance in any form to current and former patients
		alike of The Royal Eye Infirmary, Plymouth, who are sick, convalescent,
		disabled, handicapped, infirm or in need ofsupport or financial assistance
		and generally to support the work ofthe said Infirmary.
		The current activities ofthe Charity encompass the provision ofspecialist
Summary ofthe objects ofthe charity set out in its		equipment to The Royal Eye Infirmary, Plymouth by way of donation. These donations are funded from donations, legacies, fundraising events, gifts in memoriam and from income generated from investments held for
governing	document	that purpose.
		The Charity also provides canteen facilities for patients, staff, and visitors
		to the Infirmary.
		Officers and Committee Members do not receive any remuneration nor
		any payment for services provided. Expenses of8505 (2021f13,150)
		were incurred to cover the cost ofconducting business on behalf of the
		Charity.
		I ~
		The objects ofthe Charity are set out in its Constitution, adopted on
		January 22, 1975as amended on June 29, 2007 and June 26, 2008.
		These are to provide assistance in any form to current and former
		patients alike ofThe Royal Eye Infirmary, Plymouth, who are sick,
		convalescent, disabled, handicapped, infirm or in need ofsupport or
Summary ofthe objects ofthe charity set out in its governing document		financial assistance and generally to support the work ofthe said Infirmary. The current activities ofthe Charity encompass the provision specialist equipment to The Royal Eye Infirmary, Plymouth by way of donation. These donations are funded from donations, legacies,	of
		fundraising events, gifts in memoriam and from income generated from
		investments held for that purpose. The Charity also provides canteen
		facilities for patients, staff and visitors to the infirmary. Officers and
		Committee Members do not receive any remuneration nor any payment for services provided. Expenses off123(2020 - nil) were incurred to
		cover the cost ofconductin business on behalf ofthe Charit .

You may choose	You may choose	to include	to include
further statements,		where
relevant, about:
~	policy on grantmaking;
~	policy programme		related
	investment;
~	contribution made		by
	volunteers.
	~ ~			~ ~ I	~ ~
Summary ofthe achievements of during the year		main the charity		During the year the Charity funded the purchase and library books by the Plymouth Hospitals NHS Royal Eye Infirmary, Plymouth amounting to anil		ofspecialist equipment Trust on behalf ofThe (2020 - f12,683).
	Briefstatement charity's policy	ofthe on reserves		lt is the policy ofthe Trustees to ensure adequate amounts as are appropriate to provide specialised required and for all future charitable requirements.			funds for such equipment as These funds are
				anticipated costs ofcirca 8150,000 regarded as necessary to provide
				for the estimated cost ofequipment. It is also the			policy ofthe Trustees
				to maintain unrestricted funds,	which are free reserves, at a level
				sufficient to provide specialised	equipment which		may be required	in
				an emergency and to secure the continued provision ofcanteen
				facilities on the remises for a	eriod ofat least 12months.
	Details ofany funds materially in deficit			None

		Charity	Charity	Name	Name						Charity
											(if any)
							Annual		accounts	for the	period		CC&7a
		Period start			date			01/04/2021			Period end date	31/03/2022
										Restricted
Recommended		Details			of	own	e	Unrestricted		income	Endowment	Total this	Total	last
categories by activity			analysis						funds	funds	funds	year	year
									E		F		F
Incoming resources (Note 3)									F01	F02	F03	F04	F05
Incoming resources from
generated funds									113,263			113,263	112,689
Voluntaiy income							S01
Activities for generating funds							S02
Investment income							S03
Incoming resources from
charitable activities							S04
Other incoming resources							S05		52,917			52,917	99,421
Totalincoming				resources			sos		166,180			166,180	212,110
Resources expended	(Notes 4-8)
Costs ofGenerating Funds
Costs ofgenerating voluntary
income							S07
Fundraising trading costs							SOB
Investment management costs							S09
Charitable activities							S10						12,683
Governance costs							S11		627			627		536
Other resources expended							S12
Total resources				expended			s13		627			627	13,219
Net incomingl(outgoing)		resources				before
					transfers		s14		165,553			165,553	198,891
Gross transfers between funds							S15
Net in coming/(outgoing)		resources				before
other recognised			gains/(losses)				S15		165,553			165,553	198,891
Other recognised gains/(losses)
Gains and losses on revaluation			offixed			assets
for the charity's own use							517
Gains and losses on investment			assets				S18
Net movementin						funds	s19		165,553			165,553	198,891
Total funds brought forward							S20		755,922			755,922	590,247
Total funds carried					forward		s21		921,475			921,475	789,138

~	a
								Restricted
							Unrestricted	income	Endowment		Total this	Total last
							funds	funds	funds		year		year
							E	F			F		F.
Fixed assets							F01	F02	F03		F04		F05
Tangible assets				(Note 9)		801
						802
Investments				(Note 10)		803	667,650				667,650		614733
			Total fixed assets			804	667,650				667,650		614,733
Current assets
Stock and work in		progress				805
Debtors				(Note 11)		806
(Short term) investments Cash at bank and in hand						807 808	283,705	4,080			2,785		175,149
		Total		current assets		809	283;705	4;080			287,785:.		175,149
Creditors:	amounts		falling		due within
one year	(Note 12)					810
Net current			assetsl(liabilities)			811	283,705	4,680			287,785		175,149
Total assets less			current liabilities			812							789,882
Creditors:	amounts		falling		due after
one year		(Note		12)		813
Provisions	for liabilities			and	charges	814
					Net assets	81s	951,355	4,080			955,435		789,882
Funds ofthe Charity
Unrestricted	funds					810	951,355				951,355		785,802
						817
Restricted	income	funds		(Note 13)		818		4,080			4,080		4,080
Endowment	funds	(Note		13)		819
				Total funds		820	951,355	4;080			955,435		789,882
Signed by one or two the trustees		trustees on			behalf of ail		Signature		Print		Name	Date of a roval
									Gl	n	Durrant	24/01/2023
									Alan	Forrester		24/01/2023

Note 2			Accounting policies	Accounting policies
This standard list of		accounting policies has been applied by the charity except for those deleted.			Where a different or
additional policy has		been	adopted then this is detailed in the box below.
INCOMING RESOURCES
Recognition	ofincoming			These are included in the Statement of Financial Activities (SoFA) when:
resources				~ the charity becomes entitled to the resources;
				~ the trustees are virtually certain they will receive the resources; and
				~ the monetary value can be measured with sufficient reliability.
Incoming resources		with		Where incoming resources have related expenditure (as with fundraising	or contract income)
related expenditure				the incoming resources and related expenditure are reported gross in the	SoFA.
Grants and	donations			Grants and donations are only included in the SoFA when the charity has	unconditional
				entitlement to the resources.
Tax reclaims on donations				Incoming resources from tax reclaims are included in the SoFA at the same time as the		gift to
and gifts				which they relate.
Contractual	income and			This is only included in the SoFA once the related goods or services have	been delivered.
performance	related	grants
Gifts in kind				Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised.
				Gifts in kind for sale or distribution are included in the accounts as gifts only when sold		or
				distributed by the charity.
				Gifts in kind for use by the charity are included in the SoFAas incoming resources when
				receivable.
Donated services and				These are only included in incoming resources (with an equivalent amount	in resources
facilities				expended) where the benefit to the charity is reasonably quantifiable, measurable and material.
				The value placed on these resources is the estimated value to the charity	ofthe service	or
				facility received.
Volunteer help				The value ofany voluntary help received is not included in the accounts but is described trustees' annual report.			in	the
Investment	income			This is included in the accounts when receivable.
Investment	gains and	losses		This includes any gain or loss on the sale of investments and any gain or	loss resulting	from
				revaluing investments to market value at the end ofthe year.
EXPENDITURE		AND		LIABILITIES
Liability recognition				Liabilities are recognised as soon as there is a legal or constructive obligation committing			the
				charity to pay out resources.
Governance	costs			Include costs ofthe preparation and examination ofstatutory accounts, the costs oftrustee
				meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with	performance			Where the charity gives a grant with conditions for its payment being a specific level ofservice
conditions				or output to be provided, such grants are only recognised in the SoFA once the recipient		ofthe
				grant has provided the specified service or output.
Grants payable without				These are only recognised in the accounts when a commitment has been	made and there			are
performance	conditions			no conditions to be met relating to the grant which remain in the control of	the charity.
Support Costs				Support costs include central functions and have been allocated to activity	cost categories			on a
				basis consistent with the use of resources, eg allocating property costs by	floor areas, or		per
				capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets		for use		These are capitalised ifthey can be used for more than one year, and cost at least 8500.			They
by charity				are valued at cost or a reasonable value on receipt.
Investments				Investments quoted on a recognised stock exchange are valued at market	value at the year
				end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress				These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL		TO OR
DIFFERENT FROM		THOSE
		ABOVE

Note 3			Analysis of incoming	Analysis of incoming	resources	resources
Incoming	resources	may	be further analysedif		this	would help the reader ofthe	accounts.
							This year	Last year
						Analysis		E
Voluntary	income		Be uests				113,006	112,492
			Donations				257	191
			Subscri	tions
						Total	113,264	112,687
Activities	for generating		funds
						Total
Investment	income		Interest
			Unrealised	ains/losses			52,917	99,421
						Total	52,917	99,423
Incoming	resources	from
charitable	activities
						Total

Note 4			Analysis ofresources expended	Analysis ofresources expended	Analysis ofresources expended
Resources		expended	may be further analysed		ifthis would help	the reader ofthe accounts.
							This year	Last year
					Analysis			E
Costs ofgenerating
voluntary	income
						Total
Fundraising		trading
costs
						Total
Investment
management		costs
						Total
Charitable	activities		E ui ment donated to PREI					12,683
						Total		12,683
Governance		costs	Bank char es				193	123
			Insurance				230	270
			Subscri	tions/Sundries			204	143
						Total	627	536

Carrying (market) value at beginning ofyear	614,733
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation	52,917
Carrying (market) value at end ofyear	667,650