CHARITY REGISTRATION NUMBER:
273058
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021
SUTTLE & CO ACCOUNTANTS
UNIT 1, THE SIDINGS VICTORIA AVENUE IND ESTATE SWANAGE DORSET BH19 1AU
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
FOR THE YEAR ENDED 31ST MARCH 2021
CONTENTS
Examiners report Balance sheet Statement of financial activities Schedule of movement in funds Notes |
Page 1 2 3 4 5 - 7 |
|---|---|
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
| BALANCE SHEET AT 31ST MARCH 2021 Note 2021 £ £ £ Current assets Debtors 2 17,500 23,000 Bank Accounts 415,709 1,047,305 Investment Fund 739,396 421,133 _ _ 1,172,605 1,491,438 Creditors Amounts falling due within one year 3 516 516 _ _ Net current assets 1,172,089 Net assets £1,172,089 Capital funds Restricted funds 2,351 Unrestricted funds 1,169,738 Total funds £1,172,089 Approved by the trustees ………………………….. …………………… T.Buck Date The annexed notes form part of these financial statements. |
2020 £ 1,490,922 _ £1,490,922 |
|---|---|
| 2,351 1,488,571 _ £1,490,922 |
|
Page 2
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2021
| Incoming resources Donations, legacies & similar incoming resources Activities for generating funds Investment income Total incoming resources Resources expended Administrative Expenditure Fund Raising and Publicity Resources expended on furtherance of the Charity's objects. Total resources expended Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 52,864 2,205 166,219 _ 221,288 _ 7,200 0 533,244 _ 540,444 _ -319,156 1,488,571 ___ £1,169,415 |
Restricted Total Total Income Funds Funds Funds 2021 2020 £ £ £ 323 53,187 21,487 2,205 2,589 166,219 -67,079 _ __ _ 323 221,611 -43,003 _ __ _ 7,200 10,864 0 0 533,244 511,749 _ __ _ 0 540,444 522,613 _ __ _ 323 -318,833 -565,616 2,351 1,490,922 2,056,538 _ __ _ £2,674 £1,172,089 £1,490,922 |
|---|---|---|
Details of Incoming resources and resources used are given in the notes to the financial statements.
Page 3
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
STATEMENT OF FINANCIAL ACTIVITIES DETAILED ANALYSIS OF MOVEMENTS IN FUNDS FOR THE YEAR ENDED 31ST MARCH 2021
----- Start of picture text -----
2021 2020
£ £ £ £
Unrestricted Funds
Balance B/Fwd 1,488,571 2,053,375
Surplus/(-Deficit) for the year -319,156 -564,804
_ _
Restricted Funds 1,169,415 1,488,571
Balance B/Fwd 2,351 3,163
Surplus (-Deficit) for the year 323 -812
_ _
2,674 2,351
_ _____
Total funds at 31st March 2021 £1,172,089 £1,490,922
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Page 4
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
1. Accounting policies
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) and the Charities SORP.
There has been no change to the valuation rules and methods of accounting since last year. No changes have been made to accounts for previous years.
Trustees
No remuneration or benefit has been paid to the charity's trustees, or any person or company connected with them. No transaction has been undertaken by the charity in which a trustee or connected person has a material interest.
2.
Debtors and prepayments
| 3. 4. |
Amounts falling due within one year: Taxation - Gift Aid reclaimable Legacies Confirmed as Receivable Creditors Amounts falling due within one year:- Accruals Independent Examiners Remuneration Accountancy Fee |
2021 2020 £ £ 15,000 15,000 2,500 8,000 _ _ 17,500 23,000 |
2021 2020 £ £ 15,000 15,000 2,500 8,000 _ _ 17,500 23,000 |
2020 |
|---|---|---|---|---|
| 2021 2020 £ £ 516 516 _ _ 516 516 |
2020 | |||
| 2021 £ 516 |
2020 | |||
| £ 516 |
Page 5
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31ST MARCH 2021
| Incoming resources Unrestricted Restricted 2021 2021 £ £ Donations, legacies & similar incoming resources Members Subscriptions 12,167 Donations 12,677 323 Income Tax Recoverable 2,946 Legacies 25,074 _ _ 52,864 323 Activities for generating funds Gross Fund Raising Income 2,205 _ _ 2,205 0 Investment income Investment Income Received 10,816 Notional Gain(Loss) on Investment Fund 155,403 _ _ 166,219 0 _ _ _ *Total incoming resources £221,288 £323 |
Total 2020 £ 10,208 8,102 3,173 4 _ 21,487 2,589 _ 2,589 24,305 -91,384 _ -67,079 _ -£43,003 |
|---|---|
*** NB: 2020 Notional Loss due to year end coinciding with Covid-19 Pandemic.
Page 6
LEAGUE OF FRIENDS OF SWANAGE HOSPITAL
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31ST MARCH 2021
| Resources expended | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| 2021 | 2021 | 2020 | |
| £ |
£ |
£ | |
| Administrative Expenses | |||
| Officials Expenses & Postages | 0 | 1,056 | |
| Advertising & Stationery | 817 | 932 | |
| Software Costs | 480 | 0 | |
| AGM Costs | 316 | 163 | |
| Accountancy Fees | 516 | 516 | |
| Investment Fund Management Fees | 4,446 | 7,600 | |
| Subscriptions & Insurance | 625 | 597 | |
| __ | __ | __ | |
| 7,200 | 0 | 10,864 | |
| Fund Raising & Publicity | |||
| Fund raising expenditure | 0 | 0 | |
| __ | __ | __ | |
| 0 | 0 | 0 | |
| Resources expended on furtherance | |||
| of the Charity's objects | |||
| Symposia for Medical Staff & Training Grant | 0 | 5,000 | |
| Grant for Rent | 0 | 4,250 | |
| Hospital Maintenance & Amenities | 32 | 102 | |
| Hospital Equipment & Support | 533,212 | 501,081 | |
| Staff Fund | 0 | 1,316 | |
| __ | __ | __ | |
| 533,244 | 0 | 511,749 | |
| __ | __ | __ | |
| Total resources expended | £540,444 | £0 | £522,613 |
Page 7