KRIENQ The League of Friends of Horsham Hospital Re8l$tered Charlty No 2691 Patron.. MrA Carollne iuc4s Horsham Hospital Hurst Road Horsham West Sussex RH12 2DR Chalrrnan's report 2023-24 l am happy to report that the League of Friends (LOF} is in good health and going from strength to strength. As our Treasurer's report shows we continue to generate much needed funds to support health and wellbelng for patients, staff and visitors to Horsham Hospttal and the wider community. We have seen a number of changes in the Committee over the past year with some valued members retiring,. Judy Mcmahon, Paula Whybrow, Brian Thompson and Graham Loft will all be sorely missed. Happily we continue to attrart excellent volunteers and the Committee is happy to welcome Maureen Vallon and Diane Farr. The last year ha5 seen a number of successful projects supported by the LOF Includin& St Catherine's Hospice Carers programme, the Phoenix Club, equipment for Horizon ward, refurbishment of the Chapel and ongoing garden upkeep. It should be stressed that without funding such as ours many of these worthwhile projerts would not be feasible. Our Summer fete was a resounding success raising nearly £3000 and providing a wonderful afternoon for the wider communityto come together with more than 650 attendees on the afternoon. Thanks to Hana and the or83nizing team and to the numerous volunteers on the day. The tea bar and shop continue to thrive under Albert and Maureen's guidance, and the dedication of our volunteers ably coordinated by Anne & Jlll. The addition of a high end 'barista quality, offee machine early this year has been enthusiastically welcomed by our customers. Book sales under Brian continue to be a valued part of the Trust's activities. Income from these outlets continues to grow and provides a vital source of funds for future projects. My thanks to our dedicated committee for their support through the year; Peter Beaney (Vice- Chairman & Draw coordinator), Paula Whybrow (Treasurer - retiring), Dawn Fincham Ihospital liaison and secretary), Karen Mays (minutes secretary). Val Winterflood (Membership and Christmas Cards), Albert Marrable and Maureen Francis (Tea Bar & Shopl, Debbie Beaney Icommunicationsl , Brian Thompson (Book Sales), Hana Bailey IFete}, Lillian Bold (Gardens), Graham Loft (Street Collections and tea barl, Maureen Vallon and Hilary Sherwin-smith. Thanks also to Caroline Lucas our Patron for providing considerable support to our activities.
Thanks also to our dedicated team of volunteers in the tea bar. shop, and gardens. It really cannot be stressed too much how the Trust values your efforts without whlch we would not be able to continue our mission. As we look forward to the next year the committee will focus on: Continued success in service provision and fund raising Effective management and utllization of our cash reserves Reviewing and updating our governance documentation Succession planning and attraction of new members I look forward to working wtth you in continuing to make the LOF a wonderful place to volunteer and to provide much needed support to the Hospital and wider community. AUSIL Alan Strudley Chairman League of Friends of Horsham Hospital
| Page | |
|---|---|
| Trustees' annualreport | 1 |
| Statementoffinancialactivities | 5 |
| Statement offinancialposition | 6 |
| Statement of cash flows | 7 |
| Notes to thefinancialstatements | ,8 |
| StatementofFinancialActiviti Yearended31January2424 |
es | |||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | |||||
| Unrestricted | Restricted | |||||
| Note | funds E |
funds t |
Totalfunds t |
Total funds E |
||
| lncome and endowments | ||||||
| Donationsandlegacies | 4 | 3,184 | 3,184 | 135,188 | ||
| Other trading activities | 5 | 112,244 | 112,244 | 81,724 | ||
| lnvestmentincome | 6 | 8,480 | 8,480 | 3,674 | ||
| Total income | 123,908 | 123,908 | 220,586 | |||
| Expenditure | ||||||
| Expenditureonraising funds: | ||||||
| Shop,TeaBarandFete Costs lnvestmentmanagementcosts |
7I | 59,465 40,234 |
59,465 40,234 |
52,742 11,066 |
||
| Expenditure on charitable activities | 9,{0 | 33,272 | 33,272 | 28,441 | ||
| Total expenditure | 132,971 | 132,971 | 92,249 | |||
| Net(expenditure)/income andnet movementinfunds |
(9,063) | (9,063) | 128,337 | |||
| Reconciliation offunds Totalfundsbrought forward |
711,771 15,819727,590 | 599,253 | ||||
| Totalfundscarriedfonrard | 7A2,708 15,819718,527 | 727,59A |
| LeagueofFriendsofHorsham Hospital StatementofFinancialPosition 31January2424 |
|||
|---|---|---|---|
| 2024 | 2023 | ||
| Note | € | g | |
| Current assets | |||
| Stocks | {3 | 4,162 | 1,920 |
| Debtors | 14 | 5,715 | 6,452 |
| Cash at bank and in hand | 758,469 | 748,054 | |
| 768,346 | 756,426 | ||
| Creditors: amountsfallingduewithinoneyear | 15 | 49,819 | 28,836 |
| NetcurrentasseE | 718,527 | 727,590 | |
| Total assets lesscurrent liabilities | 718,527 | 727,59A | |
| Netassets | 718,527 | 727,590 | |
| Funds of the charity | |||
| Restrictedfunds | 15,819 | 15,819 | |
| Unrestricted funds | 702,709 | 711,771 | |
| Total charityfunds | 16 | 718,527 | 727,590 |
| LeagueofFriendsofHorsham Hospital StatementofCash Flows Yearended3{January2024 |
||
|---|---|---|
| t 2024 |
2023 t |
|
| Gashflowsfrom operatingactivities Net(expenditure)lincome |
(9,063) | 128,337 |
| Adjustments for: | ||
| Other interest receivable andsimilarincome | (8,480) | (3,674) |
| lnterestpayable and similar charges | 1,394 | 1,794 |
| Accrued expenses | 23,569 | 26,459 |
| Changes in: | ||
| Stocks | (2,242',) | (1,920) |
| Trade and other debtors | 737 | (6,452) |
| Trade and other creditors | (2,586) | 2,377 |
| Cash generated from operations | 3,329 | 146,921 |
| lnterestpaid | (1,394) | (1,794) |
| lnterestreceived | 8,480 | 3,674 |
| Net cashfromoperating activities | 10,415 | 148,801 |
| Netincrease in cashandcash equivalents | 10,415 | 148,801 |
| Cashand cash equivalents at beginning ofyear | 748,054 | |
| Cash andcash equivalentsatend of year | 758,469 | 148,801 |
| Donations and legacies | |||||
|---|---|---|---|---|---|
| Unrestricted Total Funds Funds 2024 tg |
Unrestricted Funds f |
TotalFunds 2023 t |
|||
| Donations | |||||
| UF Donations and gifts | 2,427 | 2,427 | 2,535 | 2,535 | |
| Legacies UF Legacies |
131,000131,000 | ||||
| Gifts | |||||
| UF GiftAidincome | 1,157 | 1,157 | 1,653 | 1,653 | |
| 3,184 | 3,184135,188 | 135,188 | |||
| Othertradingactivities | |||||
| Unrestricted Total Funds Funds 2024 |
Unrestricted Funds |
TotalFunds 2423 |
|||
| UF Subscriptions | tt 3,433 |
3,433 | f 3,294 |
t 3,294 |
|
| UF Otherfundraisingincome | 522 | 522 | |||
| UFTeaBar Sales | 83,404 | 83,404 | 58,711 | 58,711 | |
| UFVendingmachine sales | 3,002 | 3,002 | 2,233 | 2,233 | |
| UF Book sales | 2,278 | 2,278 | 1,550 | 1,550 | |
| UF Shop sales | 12,739 | 12,739 | 8,293 | 9,293 | |
| UFCollectionboxes | 909 | 909 | 996 | 996 | |
| UF Summerfeteand fete draw | 6,479 | 6,479 | 6,135 | 6,135 | |
| 112,244 | 112,244 81,724 | 91,724 |
| lnvestment income | |||||
|---|---|---|---|---|---|
| UFOtherinterest receivable | Unrestricted Total Funds r[r 8,480 |
FundsUnrestricted 2024 Funds 8,480 3,674 |
Total | Funds 2A23 t 3,674 |
|
| Shop, tea bar andfetecosts | |||||
| Shop costs | Unrestricted Total Funds EE 56,866 |
Funds 2024 56,866 Unrestricted Funds E 50,142 |
Total | Funds 2423 t 50,142 |
|
| Costs of othertradingactivities -Other | |||||
| activity2 | 2,599 | 2,599 | 2,600 | 2,600 | |
| 59,465 | 59,465 | 52,742 | 52,742 |
| lnvestment managementcosts | |||||
|---|---|---|---|---|---|
| UF Project items | Unrestricted Total Funds 'f 44,234 |
Funds 2A24 g 40,234 |
Unrestricted Funds f 11,066 |
Total | Funds 2023 t 11,066 |
| Expenditure on charitableactivitiesbyfundtype | |||||
| CharitableDonations and Grants Support costs |
Unrestricted Total Funds ee 30,196 3,476 |
Funds 2024 30,196 3,076 |
Unrestricted Funds t 27,391 1,050 |
Total | Funds 2A23 f 27,391 1,050 |
| 33,272 | 33,272 28,441 | 28,441 |
| Expenditure on charitableactivities | byactivitytype | ||||
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Totalfunds | Total fund | |||
| CharitableDonations and Grants | directly Support tt 30'196 |
costs | 20?4 € 30,196 |
2023 t 27,391 |
|
| Governance costs | 3,07; | 3,076 | 1,050 | ||
| 30,196 | 3,076 33,272 | 28,441 |
| Stocks | ||
|---|---|---|
| 2024 € |
2023 t |
|
| Finished goods and goodsforresale | 4J62 | 1,920 |
| Debtors | ||
|---|---|---|
| 2024 | 2023 | |
| g | E | |
| Trade debtors | 5,550 | 3,977 |
| Prepayments andaccruedincome | 165 | 335 |
| Other debtors | 2,140 | |
| 5,715 | 6,452 |
| Greditors: amountsfallingduewithinoneyear | ||
|---|---|---|
| 2424 f |
2023 t |
|
| Trade creditors | (20e) | 2,377 |
| Accrualsanddeferredincome | 50,028 | 26,459 |
| 49,819 | 29,936 |
| Unrestrictedfunds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1February | 20 | 31January2 | |||
| f | 23 | lncome e |
Expenditure t |
024 t |
|
| General funds | 123,909 | (132,971) | (9,063) | ||
| Unrestricted fund 2- descin a/cs | 711,771 | 711,771 | |||
| 711,771 | 123,909(132,971)702,709 | ||||
| At | At | ||||
| 1February | 20 | 11January 20 | |||
| t | 22 | lncome E |
Expenditure t |
23 t |
|
| General funds | 220,596 | (92,249) | 129,337 | ||
| Unrestricted fund 2-desc in a/cs | 583,434 | 593,434 | |||
| 583,434 | 220,586(92,249)711,771 |
| Analysis of charitable funde@ontinued) | ||||||
|---|---|---|---|---|---|---|
| Restrictedfunds | ||||||
| At | At | |||||
| 1 | February | 2A | 3lJanuary2 | |||
| t | 23 | lncome t |
Expenditure t |
024 t |
||
| RestrictedFund1-descin a/cs | 15,919 | 15,919 | ||||
| At | At | |||||
| 1 | February | 20 | 11January 20 | |||
| t | 22 | lncome t |
Expenditure f |
23 t |
||
| RestrictedFund1-descin a/cs | 15,919 | 15,819 | ||||
| Analysisofnetassetsbetweenfunds | ||||||
| Current assets | Unrestricted Funds c L 702,709 |
Restricted Total Funds Funds 2024 Eg 15,819718,527 |
||||
| Unrestricted | Restricted | TotalFunds | ||||
| Funds | Funds | 2423 | ||||
| e | E | t | ||||
| Current assets | 711,771 | 15,819 | 727,590 |
| Analysis of changes innetdebt | ||||
|---|---|---|---|---|
| At | ||||
| At | 1 | Feb2023Cashflows31 trt |
Jan2024 | |
| Cashatbankandin hand | 748,054 10,415 | 759,469 |
Independent Examiner Report To The League of Friends of Horsham Hospital I report ID the Trustees on my examinth.on of the financÉal statements of The League of Friends of Horsham Hospitsl for the year ended 31 January 2024. Responsibilities and basis of report As the charity Trustees of The League of Friends of Horsham Hospital you are responsible for the preparation of the financial slalemen15 in accordan wth the requirements of the charib.es Act 2011 (the 2011 Acti. I report in respect of my examination of the 's firsancial statements carried out under section 145 of the 2011 Act. In carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)Ibl of the 2011 Act. Independent examinerfs statement Your attention is drawn to the fact that the charity has prepa financial statements in accordance wth Accounting and Reporting by Charities preparing their accounts in accordance wth the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 thich is referred to in the extsnl regulations but has now been wthdrawn. l understsnd that this has been done in order for financial statements lo provide a true and fair wew in accordan wth Generally Accepted Accounting Practice effective for porting periods beginniro on or after 1 January 2015. I have completed rny examination. l eonfimi that no mattets have eome to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting recor(Is were not kept in respect of the as require(I by section 130 of the 2011 Act., or the finanaal statements do not accord with those records.. c the financial statements do not comply the applicable requirements conceming the fomi and content of accounts set out in the Charib'es (Accounts and Reports) Regulabons 2008 other than any requiremenl that the aecounts g1ve a true and fair view which is not a matter considered as part of an independent exarninalion. I have no concems and have come across no other matters in ¢onnection wth the examination ID which attention _ould be drawn in this report in order to enable a proper understsnding of the financial statements to be reached. Giltinan & Kenne Unft 6A Lyons Farm Estate ons Road inlold, Horsham RH130QP