CHARITIES IN ASSOCIATION WtTH THE LEAGUE OF ST. BARTHOLOMEW'S NURSES ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023 Charity Number.. 275165 Conte Page Trustees, report Independent Examiner's report Consolidated statement of receipts and payments Consolidated statement of assets and liabilities Benevolent Fund statement of receipts and payments Benevolent Fund statement of assets and liabilities Benevolent Fund notes to the accounts stewart Baines Coltart Schotarship Fund statement of receipts and payments Stewart Baines Coltart Scholarship Fund statement of assets and liabilities Stewart Baines Coltart Scholarship Fund notes to the accounts
CHAIUTIES IN ASSOCIATION TH THE LEAGUE OF ST. BARTHOLOMEW?S NURSES TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2023 R•f•r• and admlnlslron d•talls R•glst•r•d ClIty numb•r 275165 Charltys prlnclpl• r•S•. Post RC1. SL BarthobmeWs pital. Illest Smithfield. L(don EC1A 7BE Nam of Ctrtarlty T¥u¥ts•¥ who manag• th• charlty: E Woc¢l-Dow OBE Preshjent of thg League Mrs N Marks Mrs R E Campbell HorK)rary Gen8r81 Se(xetsry HoNJrary TreaSUr MTS H MhvVS HorK)rary Secrntsry- 8enevoknt Fund Mrs J Gillett Honow Treasuref - Benèvolent Fund Mi&5 D Sherlaw (Chair) A Hayward Honowy Sr8tsry- Stew8rt Batn8s Cdtart SchcAarshy Fu1 Hrmorary Tre&gJrer- start Baines Coltart Scholarship FuThJ Dame NarKy HaHètt Extemal advtsor lo th8 trustees Trus166s are Honorwy rol¥s. clur• and bUTha The League is gtsVgn by a CS1rtLrti0n doojmgnt ts marged by the Lwue ExecLthe Comrruttee. The eonsiitutK)n was last rèvised and utmlatèd in 2022 such changes ayeed at the Annual Genèrdl Meeting in Oclobgr 2022. H(¥Tary officers am elocted evwy Ihrg8 years; the PSnI serves a fve.year temi of olke and may be rè-ele( for a SaLxJnd term. The Trustees have met. virtuaty, kfr thi$ year and can IX)nfi that Ihey are Cl)$8nt of th8 Charity Commwion's &Idan(X on public LwefiL The obigGts of the League are.. l. To tsrlherthe best interests of nutsing and th& nursiro pr(rfessi) 2. To afford mutual help and to Komote social Int•tion. 3. To promots and maintaln a BOVOnI Furl fr)r the banefft of Loaguè m&mbws and SL Barthc4omew's r[St$ who trained priorto Septents 1993. 4. To prn016 and maintaln SclM)knwship FutKl$ for the benefit of League membeB. In accordan whh Ihe $bttIft. th8 Benevoknt Fund is avalknlè to provide awtsnce nol to League members, but also to any nw3e who traird at St. Bartholomww's Hospital or vtho qua1th8(J as a nurse at st. Bartholom&rfs School of and Mkhvifery prior to Sépt8mber 1993. Thè SU1mIttee, &lministgrs the Fund on b&h81f of the Lwu8. r6 c¥)rttm8d lo gNe assi5tsnce to those who are going through of hardship. The sU¢0MMittee wekomgs all app1K¥tn3 and enqLNri88 #nd meets six times a year. but urg8nt requasts are C(S1dered thr(xJghwt the yw. kl8etings are now beirrfJ hekl in kr50n ¥orne M&m[S atterbjing remotely. The League is curFgrTrUy consJeriThJ hdding haw OF Ihe meems as hybT•J and haff VIranY in ftrtur¢. The Countywwje Nèhvork ol Fri8rM1sFNp farilitates Jctsl vistts to m8mtrArs who WOLAd 8pprecHte supwrt and fviendship. Th& Schothhip Fund finanually assists mèn)er3 of the Lwu8 wilh coursa 8rnI (nferenC f8è5 and associatèd Costs rjf sdY. A su1COmMittee administers Ihè fund and meets four tin 8 yèxr to cmsider apyhcabons f asslstsnce with fundirvJ. The Lu¢ cuThentty COrLog Wing h811 ofthe as al W virtualy in fubjre. In line wru) the Charlty C(Mnmi8sTh good practK& rg¢ommendation5. the TnJsta&s have devel¢¥d a Charity GMMan Code Assès1 ¢kn#Jmènt. Risk Managèment and Fln8nciAI Contml str8teg$, an Ass&t R¢gi8ier and pdiries for Conftit of Interest. Investrnt, Charilatle Fu5 managemert G Making. Social Me(lTra. Equality and Diversity. Recruitment, PEw8cy. Expenss, Antl britw #nd Complaints and Feedb8¢k. Nl Leagug kM)ficies are a¥aMable on request. Page 2
CHARITIES IY4 A&S(lATIoN WITH THE LEAGUE OF ST. BARTHOLOMEW'S NURSES TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2023 {C(mtinued....... A¢hl• In athooving the obiacts ol tho d)8Tili8s. th• Twstees have baen mirMJfvI of th¢ Public Benefit fequirmnl of th• Charlty WTth parfi¢ul8r regard to thè odvancement of •ducatw and the r•ll&loffinarwl hardshlp or olher dMdvantag•. Thg Benev(4wt Fund has pmidad furKts for th8 rdiof of povety aThl has also provHled spe¢rfi¢ iiern6 8nd caTr for those who are disadvonlaged by &30. ill lath. disaixlty, fowrKial hwdship LV othgr d8ag9. The Coutye N8ts¥tyk of FrteThtship sooks to Ctact who Deed help 8rMJ $upFort and to •rwre that wactir21 •rffllof lIna1 rèswrc6s are offwod. League Rggwl NeN¥orks 8r9 establish8d in three 18gths memberE to ggl tOBether kn sw81 events that do3eT tr) homa. get4cwkn h•v8 bBen hJNy sueewsfvl, and ri is hop8d that more {tw( will be establi8h i? th8 luttrs. As St Bar$ Hospttal c818tr8tgs Its arsniversary in 2023, n))re r8gk)nal events are anna11 througtsxrtth• Yr. Thé Lwue Scholarship Fimd has SUPFthed members In w0fe851al studb8 in order lo enhaftts their sklls and for bènèfft of th8 (xy8nL¥alion8 for whith IrberS arKI. in ium, for thè patien18 aThJ communrfies serva. Thg FuThl has 8ts0 Support Leagu8 mernbets k) a w¥J? raThJe of tstlw studies that provKle oprkntunlli8s for FWs081 d8veloFrfnt and trartsferabla th1$. Details of athievem aThl pgrfOmnce of t Benthfolort Fund and Schthw5hip Fund am p)Ished annualty in the League No 8nd Nnted to the ArU31 Goner81 Moeti. Som6 bwftiawi8s are resid8nt oulshje Enand W. tJt trter of nN)ney was thrOh the rewlaled syst8nL TnJ8ts¥ I1#mnIty Irffjur8n¢ has been PLw¢h#sed a8 the Tn4t•o¥ th•w IB5psIt4Trty kn prctht No 8erh)u9 In¢Nl$nt8 occurrgd duriw the fwrmlt yew. Th& Twst99S' is io tmjikl Iw•ts of lunts to Fyovtdg 8 Sere base for fvifilment of thè eh•rilatrAe viitttal 8tt8ndaThx at Trust8è rnaelings to repc¥t on ¥8Strnets 8gthl thg b•grwnd k1 fin¥ts1 ev* h88 taken FI. No gmt frjndkig frr¥n cèntral govemment lcd authxity receNed a¥KI during the rKJ SKar1 on behgif of Chwity's Twsto88: Dk?na Shedaw Chatr ol Trustees 0at8d.. 14kn 2023
CHARITIES IN ASSOCIATION TH THE LEAGUE OF ST. BARTHOLOMEW'S NURSES ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023 Charity Number". 275165 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHARITIES IN ASSOCIATION WITH THE LEAGUE OF ST. BARTHOLOMEWS NURSES Independ•nt examlnerfs roport to the trustees of the Charltles In Association with the League of SL Bartholomew's Nurses I report lo the charity tru3tee$ on my gxamination of the accounts of the Charities in A880cialion with the League of Sl. Barthobmthrfs Nurses for the year ended 30 April 2023. R•sponsibilitig8 and basls of report As the charty trustees of the Charitable Funds you are responsible fr>r the preparat of the accounts in accordanGe with the rgquiremenls of the Charities Act 2011 Ilhe Act'}. I report in respect of my examination of the Charitable Fund5, accounts carried out under secti?n 145 of the A¢t and in carrying out my examination I have followed all applicable Directions gwen by the Charity Commission under section 145151{b) of the Act. Indep8ndant examln•rfs statement I have Complet my examination. I confimi that no material matters have come to my attent#)n in ¢onftection wi(h the examinatK)n giving me cause to believe that in any material respect.. accounting records were not kept in re$pe¢t of the Charitable Funds as required by sectM)n 130 of the Act.. or the accounts do not accord wrth the accounting records,. or the accounts do not wmpty wlh the applicable requirements conceming the fomi and content of accounts sel out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair, wew which is not a matter considered as part of an irKlep8nd8nl 8xaminalion. I have no concems and have come across no other matters in conneth.on wrth the examination to whKh attention should be drawn in this report in order to enable a proper understanding of the acccmjnts to be reached. J.R.Champion FCA McLean Reid Chartered Accountants & Registered Audil¢XS 1 Forstsl Ro&1 Aylesford Kent ME20 7AU Date.. 17th July 2023 Pagg 4
CHAIUTIES IN ASSOCJATION WITH THE LEAGUE OF ST. BARTHOLOMEW'S NURSES CONSOLIDATED STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 30 APRIL 2023 Stewart BaIrS CoKart Benevolent Scholarship Fund Fund {pages 6 to 7) (pages 8 to 91 2023 Total 2022 Tot81 Rttelpts Donationsllegacies and other slmllar recelpts DOrtiOnS & lega¢ie$ Tax reclaim on gift aid donations Grants retumed Invostrn•nt Income r•colpts Inccffle from investments Deposit account interest Income from Trust funds Receipts from sale of Inv6stm•nts TOTAL RECEIPTS 31691 550 39208 70899 550 3290 21365 699 7240 28605 879 83747 36 325437 379742 28471 75099 353908 454841 1917313 2LW392 Payments Charltablo payments Grants paid Management and administration Other expenditurè pUhaSe of investments League News costs TOTAL PAYMENTS 56618 3803 35368 616 91986 4419 105405 17666 333596 16029 410046 31586 365182 16029 477616 1866874 14528 2CQ4413 67570 Not rocelptsl{paym?ntsl 1303041 7529 1227751 (21J Cash funds lastyear end Cash fund$ thls year end 105178 74874 14169 21698 119347 96572 119368 119347 CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 30 APRIL 2023 Stewart Baines Coliart Benevolent Scholarship Fund Fund (pages 6 to 71 (pages 8 to 91 2023 Total 2022 Total Cash funds Bank dekTh)sit account Bank ¢urrent a¢¢ount Cash in hand 72687 2185 21198 500 93885 2685 105356 13487 74874 21698 96672 119347 Investment assets Inveslments at cost 1517173 503964 2021137 1839598 Investments at market value 1452705 477280 1929985 2016110 It is the Trustee$, policy lo a¢cumulate sufficient fvnds to realis8 the Trust Deed objectives. All fvnd$ ars unrestricted. Page 5
BENEVOLENT FUND STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 30 APRIL 2023 2023 2022 Note Receipts Donatlons, legacle8 and other 8lmllar receipts Donations Legacies Tax reclaims on gift aid donations Investment income receipts Income from investments Income from JG Hammond Trust Deposit account interest other receipts Transfer from Scholarship Funds Receipts from sale of investments TOTAL RECEIPTS 2360 29331 550 1590 1700 21365 61172 699 725 1410558 1475784 325437 379742 Payments Charitable payments Grants & gifts paid Publication of League News League News postage & stationery costs Management and administration Other exp8nditure Purchase of investments 56618 9880 6149 3803 73534 9106 5422 12127 333596 410046 1361763 1461952 Net (payments)Irecelpts (30304) 13832 Cash funds last year end Cash funds this yoar and 106178 74874 91346 105178 STATEMENT OF ASSEfs AND LIABILITES AS AT 30 APRIL 2023 Note 2023 2022 Cash funds Bank deposit account Bank current account Cash floats 72687 2185 92191 12987 74874 105178 Investment assets Investments at cost 1517173 1341965 Investments at market value 1452705 1516663 Page 6
BENEVOLENT FUND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023 1. Accountlng bas18 These accounts have been prepared using the 'reip1S and payments basis. and comply with section 133 of the Charities Act 2011. 2. Income tax recovery The Benevolenl Fund has received incom8 tax refunds totalling £550 12022.. £61 during the year. This repsents income tax reclaimed on gift aid donations received during the tax year to 5th April 2022. 3. Accounlancy charges The Benevolent Fund has paid accountancy charges of £1380 (2022.. £1220) to The League of St. Bartholomew's Nurses General Fund in SPeCt of the share of accountancy charges for the year ended 30th April 2022. This sum is shown as part of the'management and administration" cost in the accounts. 4. Stockbroker fees Included in °managemenl and administration" ¢osts 1$ £1184 (2022,. £8195) relab'ng to the administrats'on costs incurred by Coutts12022.' Ravenscroft). During the year. the charity changed its stockbrokers from Vartan Ravenscroft to Coutts This inCUrd a transfer fee of £1,500 in the 2022 accounts. These sums are shown as part of the 'managenRnt and administration. cost in the accounts. S. Management and admlnlstrallon c08ts Along with the expendrture noted in 31 and 4) aVe. these costs also include the ¢ost of trustee meetings along with office and communication costs. 6. Cash floats Included in the cash float is a figure of £2 (2022." £ni4 held by the Stockbrokers. 7. Invostmonts maet value Nominal Cost CMAF Global Balanced 1418934 unts 1517173 1452705 Totsl as at 30" Aprfl 2023 1517173 1452705 APPROVAL OF ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023 l approv8 th8 Stat8m8nt of receipts and payfflents, statement of ass8ts and liabilrties and notes on pages 6 and 7 and confirm that I have made available all relevant records and infomiation for their preparation. Jill Gillett Hon. Treasurer 14th July 2023 Page 7
STEWART BAINES COLTART SCHOLARSHIP FUND STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 30 APRIL 2023 2023 2022 Note Recelpts Donations, legacie8 and other 8lmllar recelpts Donations received Legacies received Investment income receipts Income from investments Deposit account interest Income from JG Hammond Trust other receipts Receipts from sale of investments Awards returned TOTAL RECEIPTS 100 39108 7240 180 22575 28471 506755 75099 529333 Payments Charitable payments Grants paid Management and adrninistration Share of accountancy fees other expenditure Transfer to Benevolent Fund Purchase of investments 35368 616 31871 4319 1220 725 505051 31586 TOTAL PAYMENTS 67570 543186 Net recelpts (payments) 7629 (13853) Cash funds last year 8nd Cash funds this year end 14169 21698 28022 14169 STATEMENT OF ASSETS AND LIABILITIES AS AT 30 APRIL 2023 Note 2023 2022 Cash funds Bank deposit account Bank current account Cash floats 21198 500 13165 500 504 14169 21698 Investment assets Invéstments at cost 4 503964 497633 Investments at markèt value 4 477280 499447 Page 8
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League of St Bartholomew’s Nurses
Benevolent Fund Committee report year ending 30 April 2023
Madam President and members of the League I am pleased to present the report of the Benevolent Find subcommittee for the year ending 30 April 2023.
At the beginning of our financial year in May 2022 Covid had abated and instead war was being waged in Ukraine. Energy prices soared and a national cost of living crisis was declared with rising inflation and interest rates. Strikes made travel difficult and frustrated other public servants who
have also taken strike action this year.
2022 was apparently the worst year for investors since 1974 but thanks to our Global Balanced Fund managed by Coutts the market value of our investments remain in excess of £1m.
Full details of our investments, income and expenditure for the year are printed in the League News having been independently examined by our accountants McLean Reid.
Legacies and donations in excess of £30,000 have been most gratefully received this year.
Almost £57,000 has been spent on Gifts and grants and a further £16,000 on printing and posting the League News to our 2000+ members worldwide. At approximately £6.80 a copy including postage the League News is remarkable value.
Gifts have included an electric scooter, electric wheelchair, stairlift repair, bathroom adaptations, medical consultations and investigations, physio and speech therapy services, taxi fares, a personal alarm, an air conditioning unit and emergency grants arising from unexpected events.
53 bouquets of flowers were dispatched to members for a variety of reasons including illness, following surgery, in sympathy and in celebration of life events. For example 6 of our members were over 100 years of age this year.
Christmas cards, personally signed by our President, were sent to over 450 members qualified 60 years or more with a gift of postage stamps for those living in the UK and a bookmark to those living abroad.
Letters were also sent to the 58 members who qualified 60 years ago in 1963 reminding them of the scope of the Benevolent fund and offering help if needed.
It is wonderful to receive and share thank you letters and news from members around the world appreciating how significant a bouquet of flowers or a card can be as well as a major gift. Many of these can be read in the League News and on the website,
The Country wide network of friendship organised by Sue Finney continues to find visitors for members on request. These visits are so appreciated and often supplemented with telephone calls.
It goes almost without saying that the committee joined by new members Alex Broadey, Jackie Murray and Deborah Wheeler have worked hard to achieve all this, officially meeting 6 times during the year efficiently organised by secretary Hilary Mathews and I would like to thank them on your behalf for all that they do.
The Benevolent fund has always been an integral part of the League since its inception in 1899.
Isla Stewart, Matron, considered the Benevolent fund scheme quote “as the most important part of the agenda” at the General Meeting in 1900. She said that “difficulties may come to any of us and we may not be able to face them unaided but they may be lightened when we know our Association has provided the means to help us. (source In Celebration of a Century – Rosemary Bailey)
Remarkably this principle hasn’t changed and the Benevolent fund continues to provide help when needed “to lighten the load “as envisaged over a century ago by the foresight of Miss Stewart.
In conclusion then if you, or you know someone, who is in need great or small for any reason please do not hesitate to contact in complete confidence the Benevolent Secretary whose details are in the League News. (Benev.secretary@bartsleagueofnurses.org) She is only an email or phone call away.
Jill Gillett. Hon Treasurer
Scholarship Committee Annual Report May 2023
The Stewart Baines Coltart Scholarship Fund
Registered Charity 275165
Madam President and members of the League, I have great pleasure in presenting the Annual Report of the Stewart Baines Coltart Scholarship Fund Committee for the financial year ending 30[th] April 2023.
The Scholarship Fund continues to provide fully paid-up League members with financial assistance to help enhance life, career, and retirement, by supporting study and associated costs for courses and conferences. The committee met on four occasions over the past year. Hybrid meetings are held when possible to enable committee members unable to travel to London to participate.
My sincere thanks to the committee who have been patient and supportive as I stood in for Miss Sherlaw. Since May 2022, all applications for scholarship funding have been successfully submitted via the League website for the first time. Our thanks to Richard Walsh at Confluent Marketing for his support and swift resolution of any minor issues that arose. The changes made to the application form last year have proved to be effective; most applicants provided sufficient detail and did not require follow up for additional information.
This year, 28 applications have submitted, the same number as last year. Awards have been made for a variety of PhD, MSc, BSc and Diploma programmes, courses, and conferences and four nonvocational programmes. This year a total of £40,586.11 has been awarded, 19% less than last year. Of this £29,954.69 has so far been claimed.
The uncertainties for Global stock markets continue. This has an impact on investment income into the Scholarship Fund, which has necessarily affected the level of financial support that we can offer. So far, we have continued to receive sufficient income to provide some level of funding to all applicants, but we cannot guarantee always being able to honour requests for funding or offer ongoing continued support for lengthy courses. We do encourage members to submit applications and they are all carefully considered. There is no limit to the number of times members can apply for assistance. For details of income and expenditure for the past year, please see the accounts section of the League News.
To identify how recipients’ new skills and knowledge have impacted their practice and/or their life, we ask them to submit a report on completion of their studies. These are published in the League News and now also on the website.
May 2022 (6 applications, 6 awards)
1:2022/23 Self-employed women’s wellbeing coach – Hypopressives coach training
2:2022/23 Senior Staff Nurse ITU – Cardiovascular & Respiratory Healthcare
3:2022/23 Cardiac Rehab Nurse Specialist - Multidisciplinary Cardiac Rehab conference
4:2022/23 Semi-retired Energy Psychologist/Therapist – Biomagnetism Level 2 training
5:2022/23 Senior Lecturer Palliative Care – International Nurse Education Conference
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6:2022/23 Senior Charge Nurse Critical Care – PG Course in Leadership and Service Improvement
September 2022 (6 applications, 5 awards, 1 not supported)
7:2022/23 Retired Nurse – Post Grad Certificate in Regional & Local History
8:2022/23 Semi-retired City & Guilds Verifier – Application not supported
9:2022/23 Senior Nurse Critical Care – MSc Cardiovascular & Respiratory Healthcare
10:2022/23 Staff Nurse ITU – Intensive Care Nursing Course
11:2022/23 Head of Quality & Education – Hospice UK Conference
12:2022/23 Staff Nurse A&E – Advanced assessment, critical reasoning & diagnostic reasoning course
November 2022 (6 applications, 5 awards, 1 refused)
13:2022/23 Emergency Nurse Practitioner – Advanced Clinical Practice Course
14:2022/23 Clinical Lead Primary Care – International Council of Nurses Conference
15:2022/23 Advanced Nurse Practitioner GP Practice & Lecturer – Professional Doctorate in Health
16:2022/23 Retired nurse – Foundation Course in Website Content design
17:2022/23 Audit & Quality Midwife – Advised to apply again when plans more concrete
18:2022/23 Retired nurse – One-to-One Piano Course
March 2023 (10 applications, 9 awards, 1 deferred)
19:2022/23 Retired Nurse – Diploma in Herbal Medicine
20:2022/23 Retired Nurse – Aquatics Fitness Professional Certification
21:2022/23 Advanced Nurse Practitioner – Minor Surgery Course
22:2022/23 Adult Critical Care Nurse – Mixed Methods Research Workshop
23:2022/23 Critical Care Nurse – Decision deferred pending more information from the applicant
24:2022/23 Retired Nurse – Certified Floral Designer Course
25:2022/23 Simulation and Skills Educator – International Clinical Skills Conference
26:2022/23 Associate Professor – International Clinical Skills Conference
27:2022/23 Consultant Nurse – Funding for research interviews and transcription
28:2022/23 Infant Feeding Adviser – Breast Feeding Specialist Training
Prof Maggie Nicol Acting Honorary Secretary
Alexandra Hayward Honorary Treasurer
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