REGISTERED CHARITY NUMBER: 275888 Report of the Trustees ano Unaudited Flnan¢ial Statements for the Year Ended 31 December 2024 League of Friends of Buckingham Hospltal Taarlg & Carver Limited Chandos housÈ School Lan6 6uckingham 6uckinghamshire K18 1HD
eague of Friends of Buckingham Hospllal Contents of the Financlal Statements for the Year Ended 31 Decèmber 2024 Page Rèport of the Tru8te•¥ 1 to 2 1ndaDdent Examinerfs Roport ststement of Financlal Acllvitigs Balance Sh¢et Notes to the Flnanelal Statem•nts fi to 10 Detallod Statèmént of Flnanclal Actlvities 11 to l?
-eague of Friends of Buckingham Hospltal Report of the Trustees for the Year Ended 31 December 2024 -lie Trustees present their report with the financlal statements of the charity for the year endod 31 Decembar 2024. The truste&$ have adopted Iho provisiorTrs of Accounting and Reporting by Charilies.. Slalement of R8commended Praclice applicable to charities preparing their accounts in acmrdance wilh the Flnancial Reportlng Standard app14cabie in the UK and Republic of Ireland IFRS 1021 leffectivg l January 2019}. OBJECTIVES AND ACTIVITIES ObJectSves and aSms Tha objectives of the League arg to SLtpport lh& work of the Hospital and its staff and to promote the welfare of the palignts. Review of a¢tivitl8s durlng the year endod 31 Do¢embor 2024 The trustees continue to meet regularly in the Physlo Room at the Hospltal. During Ihe year, the League has purchased visitors. chairs for th& Ward, chai¥s for wailing CArtpali@nts, a further rlserlreclbner chalr for the Ward dayroom, a wa3herldryer for patients, ¢lolhlng, new patio fumiture, a replament aquarium. and a kettle and mlcrowave oven for the community nursing teams who work from the Hospital. Major ongolng expenses have agaln been milk and fruff for Staff. newspapers and magazlnes, a conlribulion towards the upkeep of the gardens, servlcing of the hospital car. VOLtch6rs for all th8 hospital staff al Christmas, 8nd Christmas grfis for the patients. At Christmas. the League organised the traditional Carol Concert 9Sven by the Lenborough Singers, together with accompanying retreshments. In 2024, the Leagu8 was grateful lo receive a substantial legacy from the 88tate of Mrs Tessa Dancer and donations were received from, among others. North Bucks Country Show. Tingewick Historical Society and G.B. Slopps. SubscTlPtion Income, following the pattern of rerenl years, is again slightly down lo just under £2,500, teflecting the fact that there has been no active recwilment of members. The performafice of the League's investments with Evelyn Partners increased in 2024 to over 7%. justfying our portfolio rebalancing decisions in late 2023. Our total y8ar4nd fun(Is Increasad from £344,068 10 £391,048. The committ9e has Conllnued to promote the development of the orGhard area at the Hospital lo mark tha service of Hospital staff sinc8 its foundation. Eady in the year. conlfactors for the Buckinghamshirg Heallhc8re NHS Twst created a path through the orchard, bul unfortunately th18 was done whhoul consultallon.- il is an eyesore whichlgads n¢)where. So far discussions with the Trust to remedy the situation have been unproducthre and thgrg appears little willlngness to engage. In th8 same way the offer of the League of Friends lo fund a much-needed new sh¢)wer room to replace the redundant bath has again not been taken foNard.' although the current bathroom is an obvlous heallh and saf8ty ri8k, there appear to more urgent pilorltles elsawhere. The League's Presldent and Ch8lrman represented the League at a meeting of Friends from other BHT Community Hospitals. all of whom have similar concgms to ours. but athough there wiu be a follow-up meeting in March 2025. for Iho moment we appear to have reachod an impasso, The Iruslees continue lo maintaln close Ilnks wlth the hospital staff. Bucklnghamshire Healthcare NHS TrusL local GPS, The Swan Primary Care Nefvrk, The North Bucks Primary Care Network and the wldey NHS community. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov¢ming document The Chaty is controlled by ils governlng document, 8 deed of trust and conslilutes an unincorporaled charity. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity numbgr 275888 Page 1
Leaguè of Frlends of Bucklngham Hospital Report of the Trustees for the Year Ended 31 December 2024 Prlncipal address clo Bucklngham Hospital High Street Buckingham Buckingharnshire MK18 1NV Trustees President Chairman Hon Secretary Hon Treasurèr Dr R Harrlngton Mr J Lovelock Mrs S D8w8- re8lgned 21103r2024 Mrs J North Mrs M Aclarke Mrs M Elder Mr F Donlon Mr J Harvey Mrs C Brown rSLong Mlss R Hutt Mrs H Harbord - appolnled March 2025 Independent Examln6r T88rte & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD COMMENCEMENT OF ACTIVITIES The League was orlginally formed in 1967 to provenl tho Ihreatsned closure of Buckingham ho8pilal. Approved by order of the board of trustees on ........................ .................... and si9n8d on Its behalf by.. Mr J Lovelock- Trustae Page 2
Independent Examlner's Report to the Trustees of League of Frfends of Bucklngham Hospital Independent examlnefs roport to the tru$tee$ of League of Frfend5 of 8ucklngham Hospltal I report lo the charity trustees on my 8x8minalion of the accounts of League of Frfends of Bucklngham Hospital {Ihe Trust) for thè year ended 31 Dec8mber 2024. Responsibllltles and basls of report As the charity twstees of the Trust you are responsible for the prepar8tK>n of the accounts In aordance with the requirements of the Charities Act 2011 Ilhe Acl'l. I report In respect of my examination of the Trusvs accounts carriod out under Section 145 of the Act and In carrying out my examlnation I have followed all appllcablo Directions given by the Charfty CommissKin under Section 145151{bl of the Act. Indopendent examlTrerfs statement I hava completed my examination. I confimi that no malerlal matters have Gome lo my attentn In connect¢on with the examInatn giving me cause to b8li6ve that in any material rgspeGt.' accounting rewrds were not kept in respect of the Trust as required by Section 130 of the Act: or tho accounts do not accord wllh those records,. or the accounts do not comply with the applicable roquiremgnts conc6rn1ng the form and conlent of 3ccounts sel out in the Charilies (Accounts and Reports) Regvlatlons 2008 other than any requirement that the accounts give a true and fair view which Is not a matter ¢onSided as part of an indepandenl examlnatlon. I have no concerns and have come 8cross no other mattgrs in connection with the eXannatIOn to whlch attentlon shoukl b& drawn in this report In order to enable a proper understandlng of thg accounts lo be reached. Iwll k CoN(f LLLI Te8rt8 & Caryer Limlted Chand08 House School Lane Buckingham Buckinghamshire MK18 1HD Dale.. Page 3
League of Friends of Buckingham Hospital Statement of Flnanclal Actlvltles for the Year Ended 31 December 2024 2024 Unrestrkted fvnd 2023 Total fvnds Notes INCOME AND ENOOWMENTS FROM Donations and legacies 39.168 S,456 Investment income 7,375 Total 47,007 12.831 EXPENDITURE ON Raising funds 3.553 3.245 Charllable actlvitlos Buckingham H05Pital Gov8mance costs 16.952 2,508 11,349 Total 23,013 Net galns on Invesbnents 22.986 12.091 NET INCOME 46,980 6,874 RECONCILIATION OF FUNDS Total funds brought fonvard 344.C68 337.194 TOTAL FUNDS CARRIED FORWARD 391,048 344 068 Tha notes on pages 6 to 10 fomi part of these financial stalem8nl8 °age 4
Leagu8 of Frlends of Buckingham Hospital Balance Sheet 310ecember 2024 2024 Unreslrlcled fund 2023 Total funds Notes FIXED ASSETS Investments 373.809 306.903 CURRENT ASSETS Inveslmenls Cash al bank and in hand 1.862 15,377 6.202 30.963 17.239 37,165 NET CURRENT ASSETS 17,239 TOTAL ASSETS LESS CURRENT LIABILITIES 391,048 344,068 NET ASSETS 391.048 344,068 FUNDS Unroslrictod funds 391.048 344.068 TOTAL FUNDS 391,048 344 066 The financial statomenls were approved by the Board ol TnJstee$ and aulhoTis8d for Issue on .£7" Mii%L" ?'o?r ..... and were signed on its behalf by: Mr J Lovelock- Trustee The rKJtes on pag88 6 to 10 form part of these financial statamenls ?age 5
League of Friends of Bucklngham Hospltal Notes to the Flnanclal Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparlng the flnanclal $tstementy The financial stalemenls of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance wf(h the Charities SORP IFRS 1021 'Accounling and Roporting by Charllles.. Statement of Recommended Practice appllcable to charilles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffeclfve 1 January 20191,, Financial Reporting Standard 102 'The Fin8n¢ial Reportir)g Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial slatement8 have been prepared under the historical cost convention, wlth the exception of investments whl¢h are includod al market value, as modlfied by the revaluation of certain assets. Incom All income is recognised in the Statement of Flnandal A¢tlvilies once the charity ha8 enlltlemenl to the funds, It is probable that the inwmo will be received and thè amount can be measured reliably. Expendlture Llabllltles are recognised a$ expendlture as soon as there Is a legal or constructive obltgalton committing the charlty lo th81 exp6ndilure. 1118 probable that a transfor of economlc benefits wlll be rèquiréd in $elllement and Ihe amount of the obligalion can be measured r8liabty. Expendilure 18 accounted for on an accTuals basis and has been classified und¢r headings that aggregate all cost 181ated to the category. Where costs Cannot be directty attrlbuted to parttcular headings they have been allocated to activitles on a basls conslstenl with the use of resources. Grants offered subject to condillons which have not been met at the year end date are noted as a commltment but not acerued as expenditure. Tanglblg flxed a$$ets Depreciation is provided at the following annu81 rates wi ort1er lo write off each as$91 over its estimated us8ful life. Taxatlon The charity Is exempt from tsx on its charilable activities. Fund accountlng All funds held by Ihg League are unrestricled fund5. These funds can be used In accordance wlth the charÉtabl¢ objectives at the dlscretion of the trustees. INVESTMENT INCOME 2024 2023 Other fixed asset invest- Fll Deposit account intere8t 7.585 254 7.088 287 7.839 Page 6 contlnued...
League of Friends of Buckingham Hospital Notes to the Financial Statements - continued for the Year Ended 31 December 2024 RAISING FUNDS Invèstmènt managèmertt costs 2024 2023 Portfolio management 3,553 3.245 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefilg for the year ended 31 December 2024 nor fr the year ended 31 December 2023. Trustees. expenses rhere were no trustees, expenses pald for the year ended 31 December 2024 rK)r for the year ended 31 D9cemb8r 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES Unrestricted fund INCOME AND ENDOWMENTS FROM l)onatlons and legacl8$ 5.456 Investment income Total 12,831 EXPENDITURE ON Raising funds 3,245 Charltable actlvltles Buckingham Hospital Govemanca costs 11,349 3.454 Totsl 18.048 Net gains on hweslments 12,091 NEf INCOME 6,874 RECONCILIATION OF FUNDS Tolal funds brought foN8rd 337,194 TOTAL FUNDS CARRIED FORWARD Page 7 continued...
l eague of Friends of Buckingham Hospltal Notes to the Financlal Statements - contlnued for the Year Ended 31 December 2024 TANGIBLE FIXED ASSETS Computer equipm8nt COST At 1 January 2024 and 31 December 2024 500 DEPRECIATION Al 1 January 2024 and 31 Dacember 2024 500 NET BOOK VALUE Al 31 December 2024 Al 31 December 2023 FIXED ASSET INVESTMENTS Li81ed Investments MARKET VALUE At 1 January 2024 Additions Disposals Revaluations 306.903 83.795 {39,8751 At 31 December 2024 373,809 NET BOOK VALUE At 31 December 2024 373,809 At 31 December 2023 306,903 There ware no investment assets outslde the UK. Cost or valuation at 31 December 202418 repra8ented by= Listad Investments Valuation in 2024 Cost 22,986 350,823 373.809 Page 8 ¢ontlnued...
League of Frlends of Buckingham Hospital Notes to the Flnanclal Statements - contlnued for the Year Ended 31 December 2024 CURRENT ASSET INVESTMENTS 2024 2023 Other 1.862 6,202 MOVEMENT IN FUNDS Net movement in funds Al 31112124 4t 111124 Unrestrlel funds General fund 344,068 391.048 TOTAL FUNDS 344.068 46.980 391048 Nel movement in funds, included in the above are as follows.. Incomlng resources R8sourca8 expènded Gains and Movement 108SeS in funds Unr•strlcted funds Genoral fund 47,007 (23.0131 22,986 46,980 TOTAL FUNDS 47.007 23.0131 46.980 Comparatlv•s for movornent In funds Nel movement In funds Al 31112123 Al 111123 Unrestrlctèd funds General fund 337,194 6.874 344.068 TOTAL FUNDS 337.194 6,874 344.068 Compafative ngt movement In funds. includ8d in the aljove are as follows.. Incoming resourcos Resourc86 axpgnded Galns and Movement Ioss9S in funds Unre¥trlct¢d funds General fund 12.831 (18.048) 12.091 6.874 TOTAL FUNDS 12.831 12.091 6.874 Page 9 onlinued...
League of Frlends of Buckingham Hospital Notss to the Flnanclal Statements - contlnued for the Year Ended 31 December 2024 MOVEMENT IN FUNDS- contlnuod A current year 12 months and prior year 12 months Gombined position is as follows: Nel movemonl In funds At 31112124 Al 111123 Unrostrlctod funds Ggnoral fund 337.194 53.854 391,048 TOTAL FUNDS 337,194 53,854 391.048 A current yeor 12 months an(1 prlor year 12 months combined net movement In furKls. inGluded in the above are as follow8: Incoming resources Resources 8xpended Gains and Movement losses in funds Unreatrl¢ted fvfidF General fund 59.838 (41,0611 35,077 53.854 TOTAL FUNDS 59,838 41 061} 10. OTHER FINANCIAL COMMITMENTS At 31 December 2024 Ihere were no financial commllments. 11. RELATED PARTY DISCLQSURES Therg were related paty transactions for the year ended 31 D9cembor 2024. Dagg 10
League of Friends of Buckingham Hospital Dotailed Statement of Flnanclal Actlvltles for the Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles t)onalions Gift aid Legacies Subscriptions 225 950 35.590 2.140 666 2,648 39,168 5.456 Inv¢8tment income Other lixèd asset invest - Fll 08posit accoL¢nl inlor881 7.585 254 7,OB8 287 7,839 7,375 Total Incomlng r¢source8 47,007 12.831 EXPENDITURE Inve$lment management co$ts Portfolio managernenl 3,553 3.245 Charllable actlvllles Grants to InslSlullons 16.952 11,349 Support costs Mafiagemont Adminislralive expenses Postsge and stationery Sundries AccoLsnlan¢y 1.000 100 200 900 179 972 1,151 2.200 Flnance Insurance 8anK charges Computer equipment 964 80 921 75 1,024 1.056 Irbforniatlon technology Website training and support 333 198 Total resources exp8nded 23,013 18,048 Net Incomell•xpenditure) bèft>re gains and losses 23,994 {5,21n This page does not fom part of tho 8tatutory financial slalemenls Poge 11
League of Friends of Buckingham Hospltal Detalled Statement of Financlal Actlvlties for the Year Ended 31 December 2024 2024 2023 R•alised recognlsed galns and losses Realised gainslllosses) on fixed 888el InvementS 22.986 Net Income This paga ttoes not torm part of the statutory financial statements Paoe 1: