**Charity number: 269001**
## **The League of Friends of Horsham Hospital**
## **Unaudited**
**Trustees' Report and Financial Statements**
**For the Year Ended 31 January 2022**
**The League of Friends of Horsham Hospital**
## **Contents**
||Page|
|---|---|
|**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1|
|**Trustees' Report**|2 - 5|
|**Independent Examiner's Report**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8|
|**Notes to the Financial Statements**|9 - 20|
**The League of Friends of Horsham Hospital**
## **Reference and Administrative Details of the Charity, its Trustees and Advisers For the Year Ended 31 January 2022**
|**Trustees**|Dr J McMahon|
|---|---|
||Mrs D Fincham|
||Mrs P Whybrow|
||Mrs M A Francis|
||Mrs L I Bold|
||Mr B Thompson|
||Mr A Marrable|
||Mr P A Beaney|
||Mrs V J Winterflood|
|**Charity registered**
**number**
269001
**Principal office**
Horsham Hospital
Hurst Road
Horsham
West Sussex
RH12 2DR
**Independent examiner**
G Hunt FCA
Chartered Accountant
Kreston Reeves LLP
Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG
**Bankers**
Lloyds TSB Plc, West Street, Horsham, West Sussex, RH12 1PA
National Westminster Bank
Cambridge and Counties Bank
Nationwide Building Society||
Page 1
**The League of Friends of Horsham Hospital**
## **Trustees' Report For the Year Ended 31 January 2022**
The Trustees present their annual report together with the financial statements of the charity for the period 1 February 2021 to 31 January 2022. These have been prepared in accordance with statutory requirements and Statement of Recommended Practice, "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (second addition October 2019)" effective January 2019.
## **Objectives and activities**
## **a. Policies and objectives**
The Charity's objective is to relieve patients and former patients of Horsham Hospital and others in the community who are sick, disabled or infirm and generally to support the work of the said hospital. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
The Charity invites applications for funding of projects from the doctors and departmental heads at Horsham Hospital which are centrally coordinated and presented to the following Trustees' meeting for consideration. All applications for funds are firstly reviewed by the appropriate authorities to ensure that applications are in line with overall hospital policies.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Grant-making policies**
The Charity makes grants to Horsham Hospital for the benefit of patient and staff welbeing and care.
When sufficient funds are available, the charity is permitted to make grants and donations to other organisations to enhance the care and wellbeing of individuals in the Horsham area. Due to the limited availability of funds, general applications for grants are not invited.
All grants are approved by the Trustees board from a shortlist of organisations identified as meeting the necessary criteria.
## **Achievements and performance**
## **a. Review of activities**
For a second year activities have been restricted due to the Covid-19 pandemic. The tea-bar was reopened in April for takeaway service only, and to date we have still not been allowed to have any tables and chairs in the space between the tea-bar and shop. The shop opened shortly after the tea bar opening. Once again the Christmas tree festival and coffee morning was cancelled.
The Trustees continued to meet every 2 months, initially on Zoom but reverted to Face-to Face meetings from November although still not at the hospital. Several funding requests for equipment were supported benefiting the MSK department, ENT outpatients, Hilltop paediatric unit and Wheelchair services. A request for additional lockers for staff was also approved. Funding support was sent to Chestnut Tree House, the children's hospice, but the Carer’s project with St Catherine’s Hospice remained on hold due to the Covid regulations.
Page 2
**The League of Friends of Horsham Hospital**
## **Trustees' Report (continued) For the Year Ended 31 January 2022**
## **Achievements and performance (continued)**
The AGM was once again held on zoom which we recognise is not the best way to deal with such matters. We continue to see a decline in membership due in the main to the age-profile of the members of the League. With help from Horsham Volunteers Bureau we have been successful in attracting a new trustee and there is the possibility of a second one. The new trustee will be formally appointed at the AGM on 8 June 2022.
Positive comments received during the year include
_Just wanted to let you know that our lockers that you funded have arrived. Thank you very much! The team really appreciate it._ Team leader MSK service at Horsham Hospital
_Thank you so much, we appreciate your support so much in these challenging times._ Community fundraiser Chestnut Tree House Children; Hospice.
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **b. Results for the year**
2021/2022 was a year of recovery. We were able to open the tea bar and shop early in the year but with only a small footfall of visitors to the hospital the income was much reduced on previous years. However, as the year progressed things improved and we finished the year with a total income of £62,294 compared with £34,119 in the previous year. While a good improvement this was still far below the figure which was averagely received in the previous years when approximately £150,000 could be anticipated. Hopefully as 2022 continues things will continue to return to normality. As expected, the opportunity for fundraising other than the shop and tea bar was negligible and amounted to £3,137 (2021 - £4,033). Income from investments stood at £1,173 (2021 - £5,572). Altogether a difficult year.
In line with the improving income the costs were still low but rising. In the year there was total expenditure of £70,867 compared with £204,086 last year. This was partly due to the fact that there was only £69,860 able to be spent on charitable activities during the year as opposed to £202,525 the previous year. We anticipate this improving in the coming year.
The St Catherine’s project continued on hold throughout the year but we expect it to continue shortly.
The net result of the year meant funds reduced by £8,573 leaving a net value of £599,253. During 2022 it is proposed that the Board will be considering other avenues of expenditure to support the welfare of residents served by Horsham hospital.
## **c. Reserves Policy**
It is the policy of the Trustees to hold funds to support twelve months' unrestricted expenditure. This provides sufficient funds to cover management, administration and governance costs. As at 31 January 2022 restricted funds of £15,819 and unrestricted funds of £583,434 were held.
Page 3
**The League of Friends of Horsham Hospital**
**Trustees' Report (continued) For the Year Ended 31 January 2022**
## **Structure, governance and management**
## **a. Constitution**
The Charity was established by a charitable trust deed dated 27 February 1959 (with amendments on 4 May 1960, 2 May 1963, 22 May 1972, 21 May 1973, 24 May 1982 and 5 June 2013).
The Trustees who served during the year were: Dr J McMahon Mrs V Winterflood Mr P A Beaney Mr B Thompson Mrs M Francis Mrs L Bold Mr A Marrable Mrs P Whybrow Mr G Pearce (Resigned 10 March 2021 ) Mrs D Fincham
## **b. Methods of appointment or election of Trustees**
New Trustees are recruited primarily by networking from existing Trustees. New Trustees are encouraged to attend a course on duties and responsibilities of trustees. The Committee of trustees consists of not less than nine or not more than twelve persons. No person shall be a member of the committee who is not a member of the League of Friends of Horsham Hospital. At the Annual General Meeting each year one third (ar nearest to one third) of the committee shall retire from office and these members are eligible for re-election for a maximum of three consecutive terms. The Trustees must meet at least four times per year. The Trustees have set in motion an examination of the major strategic, business and operational risks which the charity faces and confirm that they establish and monitor systems to enable regular reviews to ensure that necessary steps are taken to lessen the risks identified.
## **Public benefit**
All our charitable activities are according to guidance from the Charity Commission and are aimed to provide public benefit through provision of facilities, medical equipment and maintenance of gardens at Horsham Hospital.
Page 4
Th• L•ague ol Frl•nds ol Horsham Hospllal
Tru8t•es' R8POrt (¢ontlnu8d)
For tho Y•ar End•d 31 January 2022
stst•mont ofTTU¥tws' rnsponslblliti•s
The Trustees are responsible for preparing the Trustees. Report and the financial slatomants in accordance with
applicable law and United Kingdom Aco)unting Stsndards (United Kingdom Generally Accepted Accounb'ng
Pwttcel.
The law applicabl8 to charilias in England & Walos f9quirgs the Trustoes to propare financial statsments for
each finarrial year which give a tnje and fair view of the stste of affairs of the charity and of ils inming
resources and applicatn of fesources, induding its income and expenditure. for Ih8t perkxl. In prepadng these
financAal statements. the Trustees are required lo..
8eloct suitable acwunting pcliues and then appty them consislenyy.,
observe the methods and prinuples of the Charbties SORP IFRS 1021:
make judgments and accounting estimates that are reasonabb and prudent.,
stale whether applicable UK A0Unting Standards {FRS 102) have been follmd, sublect to any matwial
d8partures di10$8(1 and explained in the financial slalements,.
prepar8 tha financial statemgnls on the going concem basls unless It is InapprotVi8ts to presume that th8
arity will ci)nlinue in businesB.
The Trusteos are rosponsibl8 for ke8ping adgquatg aUntIng records that are Sufficient to show and 8xplain
Ihe charivs transactions and disdose with reasonable accuracy al any lime the financial position of the tharity
arKI enable them to ensur6 that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reportsl R8gulations 2008 and the provisions of the Trust deed. They are also r85ponsible for
safeguarding the assets of the charity and hence for taknng reasonable steps for th& pventIon and detection of
fraud and other irregulanlies.
Approved by cffder of the members of the toard of Twslees and slgned on their behaff by..
Dr J Mcma
{Trustse}
on
Page 5
## **The League of Friends of Horsham Hospital**
## **Independent Examiner's Report**
## **For the Year Ended 31 January 2022**
## **Independent Examiner's Report to the Trustees of The League of Friends of Horsham Hospital ('the charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 January 2022.
## **Responsibilities and Basis of Report**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Dated: 14 June 2022
## **G Hunt FCA**
Kreston Reeves LLP Chartered Accountants Springfield House Springfield Road Horsham West Sussex RH12 2RG
Page 6
**The League of Friends of Horsham Hospital**
## **Statement of financial activities For the Year Ended 31 January 2022**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
7
Charitable activities
8
**Total expenditure**
**Net expenditure and net movement**
**in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
**17,015**
**40,969**
**3,137**
**1,173**
**62,294**
**1,007**
**69,860**
**70,867**
**(8,573)**
**592,007**
**(8,573)**
**583,434**|**Restricted**
**funds**
**2022**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**15,819**
**-**
**15,819**|**Total**
**funds**
**2022**
**£**
**17,015**
**40,969**
**3,137**
**1,173**
**62,294**
**1,007**
**69,860**
**70,867**
**(8,573)**
**607,826**
**(8,573)**
**599,253**|Total
funds
2021
£
7,613
16,901
4,033
5,572|
|---|---|---|---|---|
|||||34,119
1,561
202,525|
|||||204,086
(169,967)
777,793
(169,967)|
|||||607,826|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 to 20 form part of these financial statements.
Page 7
Tho Leag of Frknnd8 of Horsham Hospltal
Bal¥n¢• Shoot
A• •t 31 J•nu•ry 2022
2022
2021
Note
Flx•d asséts
Tangible assets
Current ass•ts
12
Stock
08blor8
Cash al bank and in hand
13
14
2,507
13,317
609.608
2,704
4,160
627,164
625.432
634,028
Creditors". amounts falling due within one
year
15
126,179
126.202)
Not eurrnnt ass•ts
599,253
PJ07,826
599.253
607,826
Charfty fund¥
Restricted lund5
Unrestricted fund8
16
16
15.819
583,434
15,819
592,007
Total fvnd¥
599.253
607,826
The finanrAal stslemenls were approved and authorised for Issue by the Trnstees and signed on their behalf by:
DrJM
Trustge
Dalo..
ahon
Truste6
Tha not88 on pages 9 to 20 forni p8rt of these finanual statements.
Page 8
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements**
**For the Year Ended 31 January 2022**
## **1. General information**
The League of Friends of Horsham Hospital is a registered charity, number 269001, and is constituted under a Trust deed.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The League of Friends of Horsham Hospital meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
No statement of cashflows has been provided as the charity is small under the Charities SORP (FRS 102).
The financial statements are presented in sterling which is the functional currency of the charity and are rounded to the nearest £1.
## **2.2 Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **2.3 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **2.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs include governance costs. Governance costs comprise of all costs involving the public accountability of the charity and its compliance with regulation and good practice. Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
Page 9
**The League of Friends of Horsham Hospital**
**Notes to the Financial Statements For the Year Ended 31 January 2022**
## **2. Accounting policies (continued)**
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
- Fixtures and fittings 33.3% straight line
## **2.6 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.7 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
## **2.8 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.9 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.10 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
Page 10
**The League of Friends of Horsham Hospital**
**Notes to the Financial Statements For the Year Ended 31 January 2022**
## **2. Accounting policies (continued)**
## **2.11 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value or at amortised cost using the effective interest method.
## **2.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **2.13 Taxation**
The charity is eligible for exemption from taxation in respect of its income and gains. Income tax recoverable in relation to donations recieved under Gift Aid or deeds of covenant is recognised at the time of the donation.
Page 11
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **3. Income from donations and legacies**
|Donations - General
Donations - In memoriam
Subscriptions
Legacies
Income tax recoverable
Total 2021|**Unrestricted**
**funds**
**2022**
**£**
885
783
3,771
10,800
776
17,015
7,613|**Total**
**funds**
**2022**
**£**
**885**
**783**
**3,771**
**10,800**
**776**
**17,015**
7,613|Total
funds
2021
£
550
1,134
3,284
1,000
1,645|
|---|---|---|---|
||||7,613|
|||||
## **4. Income from charitable activities**
|Tea bar
Hospital shop
Book sales
Vending machine sales
Total 2021|**Unrestricted**
**funds**
**2022**
**£**
31,849
5,440
1,134
2,546
40,969
16,901|**Total**
**funds**
**2022**
**£**
**31,849**
**5,440**
**1,134**
**2,546**
**40,969**
16,901|Total
funds
2021
£
9,645
2,006
754
4,496|
|---|---|---|---|
||||16,901|
|||||
Total 2021
Page 12
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **5. Income from other trading activities**
## **Income from fundraising events**
|Collection boxes
Summer fete and fete draw
Private members' draw
Other fundraising income
Total 2021
**6.**
**Investment income**
Interest receivable
Total 2021
**7.**
**Expenditure on raising funds**
**Costs of raising voluntary income**|**Unrestricted**
**funds**
**2022**
**£**
1,033
2,104
-
-
3,137
4,033
**Unrestricted**
**funds**
**2022**
**£**
1,173
5,572|**Total**
**funds**
**2022**
**£**
**1,033**
**2,104**
**-**
**-**
**3,137**
4,033
**Total**
**funds**
**2022**
**£**
**1,173**
5,572|Total
funds
2021
£
333
1,819
196
1,685|
|---|---|---|---|
||||4,033|
||||Total
funds
2021
£
5,572|
|||||
|Summer fete and fete draw
Private members' draw
Other fundraising
Total 2021|**Unrestricted**
**funds**
**2022**
**£**
725
-
282
1,007
1,561|**Total**
**funds**
**2022**
**£**
**725**
**-**
**282**
**1,007**
1,561|Total
funds
2021
£
735
826
-|
|---|---|---|---|
||||1,561|
|||||
Page 13
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **8. Analysis of expenditure on charitable activities**
|Tea bar
Hospital shop
Patients welfare
Grants
Total 2021|**Unrestricted**
**funds**
**2022**
**£**
21,778
6,035
36,532
5,515
69,860
186,673|**Restricted**
**funds**
**2022**
**£**
-
-
-
-
-
15,852|**Total**
**funds**
**2022**
**£**
**21,778**
**6,035**
**36,532**
**5,515**
**69,860**
202,525|Total
funds
2021
£
12,130
6,299
26,131
157,965|
|---|---|---|---|---|
|||||202,525|
||||||
## **9. Analysis of expenditure by activities**
|Tea bar
Hospital shop
Patients welfare
Grants
Total 2021|**Activities**
**undertaken**
**directly**
**2022**
**£**
19,743
5,471
33,119
5,000
63,333
196,980|**Support**
**costs**
**2022**
**£**
2,035
564
3,413
515
6,527
5,545|**Total**
**funds**
**2022**
**£**
**21,778**
**6,035**
**36,532**
**5,515**
**69,860**
202,525|Total
funds
2021
£
12,130
6,299
26,131
157,965|
|---|---|---|---|---|
|||||202,525|
||||||
Page 14
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **9. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Grants to Age UK
Grants to
Phoenix Stroke
Club
Grants to St.
Catherines's
Hospice
Grants to
Horsham
Matters
Grants to St
Barnabas
Newspapers
Maintenance -
fish and
vending
machine
Flowers
Wards at
christmas
Restricted funds
(note 16)
Donated items
Purchases
Stock movement
Total 2021|**Tea Bar**
**2022**
**£**
-
-
-
-
-
-
-
-
-
-
-
19,546
197
19,743
11,797|**Hospital**
**Shop**
**2022**
**£**
-
-
-
-
-
-
-
-
-
-
-
5,471
-
5,471
6,127|**Patients**
**Welfare**
**2022**
**£**
-
-
-
-
-
-
480
1,380
375
-
30,884
-
-
33,119
25,416|**Grants**
**2022**
**£**
-
-
-
-
5,000
-
-
-
-
-
-
-
-
5,000
153,640|**Total**
**funds**
**2022**
**£**
**-**
**-**
**-**
**-**
**5,000**
**-**
**480**
**1,380**
**375**
**-**
**30,884**
**25,017**
**197**
**63,333**
196,980|Total
funds
2021
£
20,000
90,000
33,640
10,000
-
117
585
1,999
600
15,852
6,126
15,594
2,467|
|---|---|---|---|---|---|---|
|||||||196,980|
||||||||
Page 15
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **9. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Insurance and
membership of
attend
Trustees'
expenses
Bank service
charge
Independent
examination
Other expenses
Governance
costs
Total 2021|**Tea Bar**
**2022**
**£**
336
535
165
898
90
11
2,035
333|**Hospital**
**Shop**
**2022**
**£**
93
148
46
249
25
3
564
172|**Patients**
**Welfare**
**2022**
**£**
564
897
277
1,506
151
18
3,413
715|**Grants**
**2022**
**£**
85
135
42
227
23
3
515
4,325|**Total**
**funds**
**2022**
**£**
**1,078**
**1,715**
**530**
**2,880**
**289**
**35**
**6,527**
5,545|Total
funds
2021
£
1,078
1,118
494
2,760
61
34|
|---|---|---|---|---|---|---|
|||||||5,545|
||||||||
## **10. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £2,880 (2021 - £2,520).
## **11. Trustees' remuneration and expenses**
During the year, the charity had no employees.
During the year, no Trustees recieved any remuneration or other benefits (2021 - £NIL).
During the year ended 31 January 2022, expenses totalling £535 were reimbursed or paid directly to 2 Trustees (2021 - £1,118 to 3 Trustees).
Page 16
**The League of Friends of Horsham Hospital**
**Notes to the Financial Statements For the Year Ended 31 January 2022**
|**12.**
**Tangible fixed assets**
**Cost or valuation**
At 1 February 2021
At 31 January 2022
**Depreciation**
At 1 February 2021
At 31 January 2022
**Net book value**
At 31 January 2022
At 31 January 2021
**13.**
**Stocks**
Finished goods and goods for resale
**14.**
**Debtors**
**Due within one year**
Trade debtors
Prepayments and accrued income
**15.**
**Creditors: Amounts falling due within one year**
Accruals and deferred income|**2022**
**£**
**2,507**
**2022**
**£**
**2,064**
**11,253**
**13,317**
**2022**
**£**
**26,179**|**Fixtures and**
**fittings**
**£**
**4,107**|
|---|---|---|
|||**4,107**|
|||**4,107**|
|||**4,107**|
|||**-**|
|||-|
|||2021
£
2,704
2021
£
-
4,160|
|||4,160
2021
£
26,202|
Page 17
**The League of Friends of Horsham Hospital**
**Notes to the Financial Statements For the Year Ended 31 January 2022**
## **16. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Horizon Ward
Iris Ward
Community Nursing
Chronic Obstructive Pulmonary Disease
("COPD")
Eye Clinic
Chapel fund
**Total of funds**|**Balance at 1**
**February**
**2021**
**592,007**
**509**
**300**
**2,500**
**400**
**1,410**
**10,700**
**15,819**
**607,826**|**Income **
**62,294**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**62,294**|**Expenditure**
**(70,867)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(70,867)**|**Balance at**
**31 January**
**2022**
**583,434**|
|---|---|---|---|---|
|||||**509**
**300**
**2,500**
**400**
**1,410**
**10,700**|
|||||**15,819**|
|||||**599,253**|
The restricted funds are held to be spent on the purchase of equipment and other suitable items for the wards and clinics.
The restricted funds held for the eye clinic are for the purchase of a Slit Lamp at Horsham Hospitals Eye Clinic.
The restricted funds held for the Chapel fund are held on behalf of the Chapel Committee.
Page 18
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **16. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Horizon Ward
Iris Ward
Willow Ward
Community Nursing
Chronic Obstructive Pulmonary Disease
("COPD")
Eye Clinic
Chapel fund
Other
**Total of funds**|Balance at
1 February
2020
746,122
6,670
300
250
2,500
600
10,000
10,700
651
31,671
777,793|Income
34,119
-
-
-
-
-
-
-
-
-
34,119|Expenditure
(188,234)
(6,161)
-
(250)
-
(200)
(8,590)
-
(651)
(15,852)
(204,086)|Balance at
31 January
2021
592,007|
|---|---|---|---|---|
|||||509
300
-
2,500
400
1,410
10,700
-|
|||||15,819|
|||||607,826|
Page 19
**The League of Friends of Horsham Hospital**
## **Notes to the Financial Statements For the Year Ended 31 January 2022**
## **17. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Current assets
Creditors due within one year
**Total**
**Analysis of net assets between funds - prior year**
Current assets
Creditors due within one year
**Total**|**Unrestricted**
**funds**
**2022**
**£**
609,613
(26,179)
583,434
Unrestricted
funds
2021
£
618,209
(26,202)
592,007|**Restricted**
**funds**
**2022**
**£**
15,819
-
15,819
Restricted
funds
2021
£
15,819
-
15,819|**Total**
**funds**
**2022**
**£**
**625,432**
**(26,179)**|
|---|---|---|---|
||||**599,253**
Total
funds
2021
£
634,028
(26,202)|
||||607,826|
## **18. Financial commitments**
At 31 January 2022, the charity had approved funding for projects, and has financial commitments within one year, of £63,661 (2021 - £75,497).
## **19. Related party transactions**
There have been no related party transactions in the year other than the expenses which were reimbursed to the Trustees as described in note 11.
## **20. Controlling party**
The charity is controlled by the Trustees.
Page 20