**REGISTERED CHARITY NUMBER: 275888** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2021 for** ## **League of Friends of Buckingham Hospital** Tearle & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD **League of Friends of Buckingham Hospital** ## **Contents of the Financial Statements for the Year Ended 31 December 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|10| |**Detailed Statement of Financial Activities**|11|to|12| ## **League of Friends of Buckingham Hospital** ## **Report of the Trustees for the Year Ended 31 December 2021** The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives of the League are to support the work of the Hospital and its staff and to promote the welfare of the patients. ## **Review of activities during the year ended 31 December 2021** At the beginning of the year, Mr Julian Lovelock was appointed Chairman of Trustees, bringing continuity to the role, though the League is most grateful to Mr Frank Donlon and Mr Stephen Long for sharing the post in previous years. Frank Donlon was appointed Deputy Chairman. The COVID-19 pandemic continued to dominate events throughout the year. All committee meetings and the AGM were held via Zoom. Because of Covid-19 it remained impossible to hold events inside the Hospital. During the summer the League was able to organise a tea party in the Hospital garden to thank the staff for their unstinting efforts during the pandemic. The annual Christmas Carol Concert for patients and staff could not go ahead, but vouchers were given to all the Hospital staff and there were also the usual Christmas gifts for patients. Although fund-raising activity necessarily remained minimal, the League benefited from major gifts from the Tesco bookstall and the Bletchley Lions. The League also received two sizeable legacies. Other significant income was again from investment dividends and portfolio valuation increases. The major charitable donation to the Hospital remained the upkeep of the Hospital garden and grounds: the League is investigating the possibility of a donation from the Buckinghamshire Healthcare NHS Trust towards this expense. A new storage shed was also purchased for the Hospital. The other major expenses were newspapers and magazines, and the summer party and Christmas vouchers/gifts detailed above. There were two other major projects during the year. First, a small sub-committee led on a new website, with the generous help of TSD, Buckingham. The website was trialled at the end of the year and subsequently went live in January 2022. Secondly, the League has been investigating the possibility of an orchard area in the Hospital garden to mark the service of Hospital staff since its foundation. This will be taken forward in 2022. The League's running expenses were broadly in line with 2020. The Trustees continue to maintain close links with the hospital staff, Buckinghamshire Healthcare NHS Trust, local GPs, The Swan Primary Care Network, The North Bucks Primary Care Network and the wider NHS community. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 275888 Page 1 ## **League of Friends of Buckingham Hospital** ## **Report of the Trustees for the Year Ended 31 December 2021** ## **Principal address** c/o Buckingham Hospital High Street Buckingham Buckinghamshire MK18 1NU |**Trustees**|| |---|---| |President|Dr R Harrington| |Chairman|Mr J Lovelock| |Hon Secretary|Mrs S Dawe| |Hon Treasurer|Mrs J North| ||Mr A J Wrigley ACIB - resigned 18 March 2021| ||Mrs M A Clarke| ||Mrs M Elder| ||Mr F Donlon| ||Mrs B Hood| ||Mrs C Brown| ||Mr S Long| ||Miss R Hutt| ||Mr J Harvey| ## **Independent Examiner** Tearle & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD ## **COMMENCEMENT OF ACTIVITIES** The League was originally formed in 1967 to prevent the threatened closure of Buckingham hospital. Approved by order of the board of trustees on ............................................. and signed on its behalf by: ................................................................. Mr J Lovelock - Trustee Page 2 ## **Independent Examiner's Report to the Trustees of League of Friends of Buckingham Hospital** ## **Independent examiner's report to the trustees of League of Friends of Buckingham Hospital** I report to the charity trustees on my examination of the accounts of League of Friends of Buckingham Hospital (the Trust) for the year ended 31 December 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material 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 Trust as required by section 130 of the 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. Tearle & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD Date: ............................................. Page 3 ## **League of Friends of Buckingham Hospital** ## **Statement of Financial Activities for the Year Ended 31 December 2021** |2021
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
56,191
Investment income
2
4,582
**Total**
60,773
**EXPENDITURE ON**
Raising funds
3
2,942
**Charitable activities**
Buckingham Hospital
22,125
Governance costs
-
**Total**
25,067
Net gains on investments
18,118
**NET INCOME**
53,824
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
277,990
**TOTAL FUNDS CARRIED FORWARD**
331,814|2020
Total
funds
£
7,268
4,685| |---|---| ||11,953
2,709
18,784
2,233| ||23,726
15,173| ||3,400
274,590| ||277,990| The notes on page 0 form part of these financial statements Page 4 ## **League of Friends of Buckingham Hospital** ## **Balance Sheet 31 December 2021** |2021
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
6
175
Investments
7
269,395
269,570
**CURRENT ASSETS**
Investments
8
32,650
Cash at bank and in hand
29,868
62,518
**CREDITORS**
Amounts falling due within one year
9
(274)
**NET CURRENT ASSETS**
62,244
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
331,814
**NET ASSETS**
331,814
**FUNDS**
10
Unrestricted funds
331,814
**TOTAL FUNDS**
331,814|2020
Total
funds
£
275
251,276
251,551
20,498
6,217
26,715
(276)
26,439
277,990
277,990
277,990
277,990| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Mr J Lovelock - Trustee The notes on page 0 form part of these financial statements Page 5 ## **League of Friends of Buckingham Hospital** ## **Notes to the Financial Statements for the Year Ended 31 December 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** All funds held by the League are unrestricted funds. These funds can be used in accordance with the charitable objectives at the discretion of the trustees. ## **2. INVESTMENT INCOME** |Other fixed asset invest - FII
Deposit account interest|2021
£
4,581
1
4,582|2020
£
4,624
61| |---|---|---| |||4,685| Page 6 continued... ## **League of Friends of Buckingham Hospital** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021** ## **3. RAISING FUNDS** ## **Investment management costs** |**Investment management costs**||| |---|---|---| ||2021|2020| ||£|£| |Portfolio management|2,942|2,709| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|7,268| |Investment income|4,685| |**Total**|11,953| |**EXPENDITURE ON**|| |Raising funds|2,709| |**Charitable activities**|| |Buckingham Hospital|18,784| |Governance costs|2,233| |**Total**|23,726| |Net gains on investments|15,173| |**NET INCOME**|3,400| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|274,590| |**TOTAL FUNDS CARRIED FORWARD**|277,990| Page 7 continued... ## **League of Friends of Buckingham Hospital** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021** ## **6. TANGIBLE FIXED ASSETS** |**6.**|**TANGIBLE FIXED ASSETS**|| |---|---|---| |||Computer| |||equipment| |||£| ||**COST**|| ||At 1 January 2021 and|| ||31 December 2021|500| ||**DEPRECIATION**|| ||At 1 January 2021|225| ||Charge for year|100| ||At 31 December 2021|325| ||**NET BOOK VALUE**|| ||At 31 December 2021|175| ||At 31 December 2020|275| |**7.**|**FIXED ASSET INVESTMENTS**|| |||Listed| |||investments| |||£| ||**MARKET VALUE**|| ||At 1 January 2021|251,276| ||Additions|1| ||Revaluations|18,118| ||At 31 December 2021|269,395| ||**NET BOOK VALUE**|| ||At 31 December 2021|269,395| ||At 31 December 2020|251,276| ||There were no investment assets outside the UK.|| ||Cost or valuation at 31 December 2021 is represented by:|| |||Listed| |||investments| |||£| ||Valuation in 2021|18,119| ||Cost|251,276| |||269,395| Page 8 continued... ## **League of Friends of Buckingham Hospital** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021** |**8.**
**CURRENT ASSET INVESTMENTS**
Other
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1/1/21
£
**Unrestricted funds**
General fund
277,990
**TOTAL FUNDS**
277,990
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
60,773
(25,067)
**TOTAL FUNDS**
60,773
(25,067)
**Comparatives for movement in funds**
At 1/1/20
£
**Unrestricted funds**
General fund
274,590
**TOTAL FUNDS**
274,590||2021
£
32,650
2021
£
274
Net
movement
in funds
£
53,824
53,824
Gains and
losses
£
18,118
18,118
Net
movement
in funds
£
3,400
3,400|| |---|---|---|---| ||||| Page 9 continued... ## **League of Friends of Buckingham Hospital** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021** ## **10. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|11,953|(23,726)|15,173|3,400| |**TOTAL FUNDS**|11,953|(23,726)|15,173|3,400| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1/1/20
£
274,590
274,590|Net
movement
in funds
£
57,224
57,224|At
31/12/21
£
331,814| |---|---|---|---| ||||331,814| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|72,726|(48,793)|33,291|57,224| |**TOTAL FUNDS**|72,726|(48,793)|33,291|57,224| ## **11. OTHER FINANCIAL COMMITMENTS** At 31 December 2021 there were no financial commitments. ## **12. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2021. Page 10 ## **League of Friends of Buckingham Hospital** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2021** |2021
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
2,615
Gift aid
667
Legacies
50,178
Subscriptions
2,731
56,191
**Investment income**
Other fixed asset invest - FII
4,581
Deposit account interest
1
4,582
**Total incoming resources**
60,773
**EXPENDITURE**
**Investment management costs**
Portfolio management
2,942
**Charitable activities**
Grants to institutions
19,695
**Support costs**
**Management**
Administrative expenses
60
Postage and stationery
207
Sundries
547
Accountancy
858
1,672
**Finance**
Insurance
450
Bank charges
7
Computer equipment
100
557
**Information technology**
Website training and support
201
Total resources expended
25,067
**Net income/(expenditure) before gains**
**and losses**
35,706|2020
£
815
2,621
543
3,289
7,268
4,624
61
4,685
11,953
2,709
18,351
310
207
580
858
1,955
431
-
100
531
180
23,726
(11,773)| |---|---| This page does not form part of the statutory financial statements Page 11 ## **League of Friends of Buckingham Hospital** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2021** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2021**|| |---|---| |2021
£
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset
investments
18,118
**Net income**
53,824|2020
£
15,173| ||3,400| This page does not form part of the statutory financial statements Page 12