2025-03-31-accounts

Charity number: 277393

THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

CONTENTS

	Page
Reference and Administrative Details of the Charity, its Trustees and Advisers	1
Trustees' Report	2 - 6
Independent Examiner's Report	7
Statement of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statements	10 - 16

THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees	A Mongaudon
	R Menzies

Charity registered number 277393 Principal office Oliver Plunkett Education Centre St Peters Hospital Guildford Road Surrey KTl6 0PZ

Page 1

THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their report and the financial statements for the year ended 31 March 2025. The Trustees who served during the year and up to the date of this report are set out on page 1.

Objectives and activities

a. Objectives

The object of the Trust is the advancement of medical education amongst the members of the medical profession ( junior doctors) practising in the NW Surrey Health District which covers the Urban District Council districts of Egham, Chertsey, Woking and Walton & Weybridge.

b. Activities undertaken to achieve objectives

The provision of multi-disciplinary education facilities including simulation suites, study suite for IT access, seminars, tutorials and study days covering all medical specialties.

Achievements and performance

a. Main achievements of the Charity

Educational Activity

Educational activity is increasing at a fast pace as driven by the requirement of Health Education England/GMCwith reviews and recommendations being initiated at all times.

Heath Education England now governs all aspects of training and education for junior doctors and other professions such as nurses and bio-medical scientists, specialty doctors and therapists.

This year we have provided much more simulated teaching and clinical skill development sessions. Simulation is very important in teaching the junior doctor workforce who have needed to learn new specific skills as laid out in their curriculums.

We are developing more courses to deliver to the Multi-professional Team to up-skill and develop new skills to the workforce.

Inspection Visits

There was a programme-wide review of specialty training in Cardiology across all acute Trusts this year. 90-minute focus groups were held via Microsoft Teams in July., with both trainees and TPDs. Finding from this review will be shared next year.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance (continued)

Office and Managerial Developments

Following an end of Tenure, we have appointed Mr Philip James as our new Clinical Tutor. Mr James is a Consultant Urologist and is the first Surgeon to hold the post. We are looking forward to working with him.

We were lucky enough to be able to recruit a further Clinical Teaching Fellow to deliver teaching to our Obstetric and Gynaecology Residents to help them acquire their curriculum skills.

New Initiatives

We have focused on delivering and enhancing our current teaching sessions this year to allow them to bed in the curriculum provisions.

GMC Survey

The GMC carries out an annual survey with all trainee doctors, to obtain an understanding of the training and education provision of each hospital and to gauge trainee satisfaction levels.

Unfortunately there have been mixed results this year. This has been predominantly driven by a results from a number of specialties.

From a Deanery perspective, we were asked to respond to particular areas of concern highlighted by the survey. The criteria that the Deanery use are:

• Four of more Red Flags

• A Red Flag in one or more of the following indicators:

• Overall Satisfaction.

• Clinical Supervision

• Clinical Supervision Out of Hours

• Educational Supervision

• Induction

This Trust is expected to respond all red flags with a proposed action plan. The Education team have met with each individual department to explore the potential causes of each outlier and where possible a solution suggested.

In 2024, we have been asked to respond to the Deanery in 2 specific problem Areas – ED and F2. We would typically analyse these results in their programme groups. However, when there are fewer trainees in a speciality, we also use the GMC survey analytical tool to look at these specialities. We have not provided reports on specialities where there are only a few pink flags or no flags at all.

Particular congratulations should go to the two specialities/programmes that have shown most improvement, being Obstetrics and Gynaecology and Paediatrics.

Clinical Education Annual Report

The Trust now publishes a Clinical Education Annual Report. Copies are available from the principal office.

Plans for 2025/2026

We will also be looking at expanding the simulation offering to include a Sim-Ward, we were succesful in biding

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance (continued)

for a Sim Fellow and this will be their project to manage.

b. Investment policy and performance

The trustees hold the capital and income of the Trust to apply in such manner in pursuance of the object of the Trust as they see fit.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Financial review

a. Reserves policy

The Trustees have examined the Charity's requirements for reserves in light of the main risks to the organisation and future development. The Trustees are reviewing the resources and facilities required for educational activity with the intention of utilising these funds for the development of new simulation and clinical skills services, as well as the modification of teaching rooms and associated audio-visual equipment.

Reserves are also carried forward to future periods to ensure suitable funding in the event of a short term deficit of incoming resources and unforeseen operational costs. The balance in reserves at the end of the period is £167,497. The balance at bank is £155,825.

b. Statement of trustees' responsibilities

The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgments and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

a. Constitution

The Oliver Plunkett Postgraduate Centre Charitable Trust is a registered charity, number 277393, and is constituted as an unincorporated charitable body.

b. Financial risk management

The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to mitigate those risks.

Approved by order of the members of the board of Trustees and signed on their behalf by: Date: 13 January 2026

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025

Independent Examiner's Report to the Trustees of The Oliver Plunkett Postgraduate Centre Charitable Trust ('the Charity')

I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024.

Responsibilities and Basis of Report

As the Trustees , you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity's Trustees as a body, for my work or for this report.

Signed:

Dated: 13 January 2026

John Wells, Mossgroves LLP

Woodham, Surrey

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note Donations and legacies: 2 . Other donations and legacies Charitable activities 3 Other trading activities Investments: 4 . Other investments Total income Expenditure on: Charitable activities 6 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2025 £ 10,501 31,524 - 2,015 44,040 31,160 31,160 12,880 154,617 12,880 167,497	Total funds 2025 £ 10,501 31,524 - 2,015 44,040 31,160 31,160 12,880 154,617 12,880 167,497	Total funds 2024 £ 17,566 40,873 - 2,092 60,531 124,033 124,033 (63,502) 218,119 (63,502) 154,617

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 10 to 16 form part of these financial statements.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

BALANCE SHEET AS AT 31 MARCH 2025

Note Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Total net assets Charity funds Restricted funds Unrestricted funds Designated funds General funds Total unrestricted funds Total funds	157,422 157,422 (2,591) (626) 167,498	2025 £ 12,667 12,667 154,831 167,498 167,498 - 167,498 167,498	142,306 142,306 (2,591) - 154,617	2024 £ 14,902
				14,902 139,715
				154,617
				154,617
				- 154,617
				154,617

The financial statements were approved and authorised for issue by the Trustees on 13 January 2026 and signed on their behalf by:

The notes on pages 10 to 16 form part of these financial statements.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. Accounting policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1 Basis of preparation of financial statements

The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.

The financial statements are presented in GBP and rounded to the nearest £.

1.2 Income resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to the particular categories of income:

Voluntary income is received by the way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

1.3 Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

All expenditure is inclusive of irrecoverable VAT.

1.4 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. Accounting policies (continued)

1.4 Tangible fixed assets and depreciation (continued)

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life .

Depreciation is provided on the following basis:

Fixtures and fittings

15% reducing balance

1.5 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.6 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

1.7 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Income from donations and legacies

Unrestricted funds 2025 £ Donations 10,501 Unrestricted funds 2024 £ Donations 17,566	Total funds 2025 £ 10,501
	Total funds 2024 £ 17,566

3. Income from charitable activities

Unrestricted funds 2025 £ NLS 31,366 GP CPD/Study Day - ACPGBI - Winter colorectal meeting - Other 158 GPST Training (GP Trainees) - STRICT - PACES - Total 2025 31,524	Total funds 2025 £ 31,366 - - - 158 - - -
	31,524

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

3. Income from charitable activities (continued)

NLS GP CPD/Study day Catering Dermatology Study Day Other GPST Training (GP Trainees) STRICT PLEAT Total 2024	Unrestricted funds 2024 £ 13,600 540 393 2,000 13,160 5,000 6,113 67 40,873	Total funds 2024 £ 13,600 540 393 2,000 13,160 5,000 6,113 67
		40,873

4. Investment income

Unrestricted funds 2025 £ Bank interest receivable 2,015 Unrestricted funds 2024 £ Bank interest receivable 2,092	Total funds 2025 £ 2,015
	Total funds 2024 £ 2,092

5. Employees

No salaries or wages have been paid to employees, including the Trustees, during the year. The average number of employees during the period was Nil (2024:Nil)

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds 2025 £ NLS Expense 7,038 Catering cost 11,002 A/V Equipment & Support 626 GPST Training (GP Trainees) 138 GP Tutor Events 2,000 Support costs 10,355 Total 2025 31,159 Unrestricted funds 2024 £ NLS Expenses 4,504 Study Days & Conference 2,999 Catering costs 9,764 Dermatology Study Day 4,768 A/V Equipment and Support 58,576 GPST Training (GP) Trainees 5,812 GP Tutor Events 6,750 Support Costs 30,860 Total 2024 124,033	Total funds 2025 £ 7,038 11,002 626 138 2,000 10,355
	31,159
	Total funds 2024 £ 4,504 2,999 9,764 4,768 58,576 5,812 6,750 30,860
	124,033

7. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £ - ( 2024 - £430 ).

8. Trustees' remuneration and expenses

During the year, no trustee received any remuneration or other benefit (2024 - £NIL).

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

9. Tangible fixed assets Cost or valuation At 1 April 2024 At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 10. Creditors: Amounts falling due within one year 2025 £ Accruals and deferred income 2,591	Fixtures and fittings £ 183,905
	183,905
	169,003 2,235
	171,238
	12,667
	14,902
	2024 £ 2,591

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THE OLIVER PLUNKETT POSTGRADUATE CENTRE CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

11. Statement of funds

Statement of funds - current year

				Balance at
	Balance at 1			31 March
	April 2024	**Income **	Expenditure	2025
	£	£	£	£
Unrestricted Funds
General Funds	154,617	44,040	(31,160)	167,497

Unrestricted funds are funds which the trustees are free to use in accordance with the charitable objectives.

12. Analysis of net assets between funds

Unrestricted funds 2025 £ Tangible fixed assets 12,667 Current assets 157,421 Current liabilities (2,591) Total 2025 167,497 Unrestricted funds 2024 £ Tangible fixed assets 14,902 Current assets 142,306 Current liabilities (2,591) Total 2024 154,617	Total funds 2025 £ 12,667 157,421 (2,591)
	167,497
	Total funds 2024 £ 14,902 142,306 (2,591)
	154,617

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