## **Registered Charity No: 275771** **ANNUAL REPORT AND ACCOUNTS** **For The Year Ended** **5[th] April 2023** ## **WEST LONDON KIDNEY PATIENTS’ ASSOCIATION** ## **CONTENTS** ||**Page**| |---|---| |**Legal and Administrative Information**|**3**| |**Trustees Report**|**4 - 5**| |**Independent Examiner’s Report to The Trustees**|**6**| |**Statement of Financial Activities**|**7**| |**Balance Sheet**|**8**| |**Notes to the Accounts**|**9 - 10**| 2 ## **WEST LONDON KIDNEY PATIENTS’ ASSOCIATION** ## **LEGAL AND ADMINISTRATIVE INFORMATION** An incorporated association governed by a constitution dated 25[th] April 1978 and 1[st] February 1991 and most recently amended on 8[th] March 2011 and name changed on 19[th] October 2010. ## **Principal Address of Charity** Renal Offices 4[th] Floor Ham House Hammersmith Hospital Du Cane Road London W12 0HS ## **Administration** Sarita Khurana Email: chair@westlondonkpa.org ## **Patron** Professor Vassilios Papalois MD, PhD, FICS, FRCS, FEBS ## **Trustees** During the year ended 5[th] April 2023 Chair: Sarita Khurana Vice Chair: vacancy Secretary: Sarah Ilic Treasurer: Oliver Pearcey David Atkinson Chetan Joshi Susan Orchard Oliver Shepherd Kerri Baker-Prevost ## **Bankers** National Westminster Bank plc Park Royal 1 Abbey Road London NW10 7RA ## **Independent Examiner** Anthony N. Simkin FCA 3 ## **WEST LONDON KIDNEY PATIENTS’ ASSOCIATION** ## **TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDING 5[th ] APRIL 2023** The trustees present their report along with financial statements of the charity for the year ended 5[th] April 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 of the financial statements, complying with the charities constitution dated 25[th] April 1978 and amended on 1[st] February 1991 and 19[th] October 2010. The financial statements are prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” issued in March 2005. The 2022-2023 Accounts have been examined and approved as an accurate representation and review of our activities, fundraising and spend during this period. ## **TRUSTEES** Trustees in office during this period and of this report are set out on page 3. ## **FUNDRAISING AND FINANCE** ## **Income** During the year under review members, staff, friends and relatives of patients raised a total of £28,247 in a variety of different ways, including sponsorship events and donations in memory of patients who have sadly died. Normal fundraising activities have continued to develop following the lifting of COVID restrictions. Investment income was £12,995 and the unrealised loss (shown in income) on the COIF Investment Fund was £21,951, giving a total unrestricted income of £19,291. We also received a £2,000 restricted donation from the estate of Dr Myint Wynn. ## **Expenditure** In addition to pastoral and education support we also provide direct funding assistance in the form of purchase of equipment or materials for the Imperial Trust and associated units that endeavour to improve the patient experience during the course of their treatment. The funding is provided in response to requests made by both patients and Trust staff. The year ending 5[th] April 2023 saw an increase in requests for small capital and revenue grants which has been exacerbated by the continuing extreme financial pressure on the NHS. This has led to increasing requests to the WLKPA for support for expenditure which we would normally expect to be funded by the NHS. We have sought to balance resistance to this creeping encroachment with the need to ensure that patients are as comfortable as possible during treatment. The total unrestricted expenditure for the year ending 5[th] April 2023 was £30,495. We spent £22,527 on charitable activities, £4,643 on fundraising costs, and governance costs of £3,325, the bulk of the latter on bookkeeping and accounting support, given the increasing amount of work required to address expanded bookkeeping requirements. This resulted in a year end unrestricted deficit of £11,203. When added to the funds balance brought forward at 6[th] April 2022 of £489,816 this left us with a funds balance at 5[th] April 2023 of £480,242. The West London Kidney Patients’ Association (WLKPA) is a charity representing patients suffering from kidney conditions or failure who are treated by the Imperial Renal and Transplant Centre, together with their carers, families and friends. It is one of the largest kidney patient associations in England, representing around 6,000 people at any one time. It is run wholly by volunteers and has over 350 members. WLKPA works closely with the staff of the West London Renal and Transplant Centre, but is a completely independent body funded entirely by donations. 4 To support and as approprtate act asan a**Incoming Resources:**
Voluntary income including Gift Aid
Activities for generating funds
Investment Income
**3**
**Total Incoming Resources**
**Resources Expended:**
Charitable activities
4
Cost of generating funds
Governance costs
**5**
**Total Resources Expended**
**Net Movement in Funds**
**Fund Balances brought forward**
**Fund Balances carried forward**
**8**
Unrealised Loss on COIF Charities Ethical
Investment Fund|**Unrestricted**
**Funds**
**£**
27,560
688
12,995
21,951
-
19,291
22,527
4,643
3,325
30,495
11,203
-
484,040
472,837|**Restricted**
**Funds**
**£**
2,000
2,000
371
-
-
371
1,629
5,776
7,405|**Total 2023**
**£**
29,560
688
12,995
21,951
-
21,291
22,898
4,643
3,325
30,865
9,574
-
489,816
480,242|**Total 2022**
**£**
43,604
525
13,960
34,366
92,454
27,796
2,480
3,098
33,374
59,080
430,736
489,816| |---|---|---|---|---| All activities are continuing and the charity has no recognised gains or losses other than those detailed above. The notes on pages 9 to 10 form part of these financial statements. 7 Currnot*uwnt& Pv*TrfI COIF Charkn•s Ethic￿ In¥•Sthvrt 6L968 34J81 41&324 0275 237 4W192 491.Ce4 ptop Net 8ookVa *xcnJalJ 1.268 .242 489.8l6 4nm? 5.776 189J16 J.242 Swrt• IhJt4n•.Cfv•irpEW5 **WEST LONDON KIDNEY PATIENTS' ASSOCIATION** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2023** ## **1 Accounting Policies** ## **(a) Accounting convention** The financial statements are prepared under the historical cost convention and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice (SORP) "accounting and Reporting by Charities". ## **(b) Incoming** Voluntary income including gifts, gift aid, donations, legacies and all other income are included in the year the charity is entitled to the resource and the amount can be measured reliably. ## **( c) Resources** Expenditure is summarised under functional headings on a direct cost basis. Irrecoverable VAT is included with the item of expenses to which it relates. Charitable expenditure comprises those costs incurred by the association in the delivery of its activities and projects. The costs of generating funds are those costs incurred in attracting voluntary income. Governance costs include those incurred in the governance of the association and its assets and included any legal advice and all costs of complying with constitutional and statutory requirements. ## **(d) Fund Accounting** Restricted funds are subject to restrictions imposed by the donor. These are accounted for separately from unrestricted funds and details are provided in Note 6. Unrestricted funds are those that are not subject to restrictions, and any surpluses may be applied in furtherance of any of the organisation's objectives. Designated funds are unrestricted funds which have been set aside by the trustees for specific purposes. These funds may be released for general charitable purposes at the behest of the trustees. ## **(e) Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost. Depreciation is calculated to write off the cost less estimated residual value of all tangible fixed assets in equal annual instalments over their estimated useful lives at the following rate:Computer Equipment - 36 months. ## **2 Unrestricted Funds** Unrestricted funds comprise of the following: |**General**
**Fund**
**Note**
**£**
**Incoming resources**
Voluntary and fundraising income including Gift Aid
28,247
Investment Income
12,995
Revaluation of Investments
**3**
21,951
-
19,291
**Resources expended**
COIF Investment
-
Charitable activities
4
22,527
Costs of generating funds
4,643
Governance costs
**5**
3,325
30,495
**Net Movement in Funds before transfers**
(11,203)
Transfers between funds
**Net Movement in Funds after transfers**
11,203
-
**Fund balances brought forward**
484,040
**Funds balances carried forward**
472,837|**Designated**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2023**
**£**
28,247
12,995
21,951
-
19,291
-
22,527
4,643
3,325
30,495
(11,203)
(11,203)
484,040
472,837|**Total 2022**
**£**
42,653
13,960
34,366
90,979
-
27,796
2,480
3,098
33,374
57,605
-
57,605
426,436
484,040| |---|---|---|---| 9 **WEST LONDON KIDNEY PATIENTS' ASSOCIATION** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 5TH APRIL 2023** |**3 Unrealised Loss on COIF Charities Ethical Investment Fund**
**4 Charitable Activities**
Equipment for Renal Units
Materials for Renal Units
Patient Assistance
Other
**5 Governance costs**
Trustee Expenses
Stationery and Postage
Travel
Bank Fees
Accountancy Fees/Book-keeping
Professional Insurance
IT Software
**6 Accruals**
Accrued Costs
No remuneration was paid during the year to Trustees (2022 : £nil).|**2023**
**£**
21,951
-
1,213
-
15,790
5,525
22,527
189
10
117
41
2,675
140
152
3,325|**2022**
**£**
34,366
596
10,792
7,170
9,238
27,796
545
14
-
149
2,112
132
147
3,098| |---|---|---| |||| ||50|1,268| ## **7 Restricted Funds** **The breakdown of Restricted Funds is as follows:** |Ealing Dialysis Unit
Renal out patients and transplants
Day trips and Transplant Games (Sawford bequest)
West Middlesex
**Total**
**Summary of Net Assets by Fund**
Net Current Assets|**Balance at**
**5 April**
**2022**
**£**
2,644
1,657
1,475
-
5,776|**Incoming**
**Resources**
**£**
2,000
2,000|**Resources**
**Expended**
**£**
371
371
**Unrestricted**
**Funds**
**£**
472,837|**Transfers**
£
-
**Restricted**
**Funds**
£
7,405|**Balance as 5**
**April 2023**
**£**
2,644
1,286
1,475
2,000
7,405
**Total**
**£**
480,242| |---|---|---|---|---|---| ## **8 Summary of Net Assets by Fund** 10