Registered number 278680
Wessex Kidney Patients Association
## Accounts
Year Ended 31 March 2024
## **CONTENTS**
TRUSTEES REPORT
PROFIT AND LOSS
BALANCE SHEET
NOTES TO THE ACCOUNTS
## **Wessex Kidney Patients Association Trustees Annual Report Year Ended 31 March 2024**
The trustees present their report and unaudited financial statements of the charity for year ended 31 March 2023
## **Reference and Administrative details**
**Registered Charity Name** Wessex Kidney Patients Association
**Charity Registration Number** 278680
**Principal Office** 1 Watermans Lane, Dibden Purlieu Southampton Hampshire SO45 4JL
## **The Trustees**
Mr R Lee Miss K Porter Mr H Porter Mrs G Wright Ms N MacKenzie
## **Accountants**
LJM Bookkeeping Services 88 Woodley Lane Romsey Hampshire SO51 7HX
## **Wessex Kidney Patient Association Trustees Annual Report continued Year ended 31 March 2024**
Structure, governance and management
## **Legal Status**
The charity is constituted under Rules adopted on 13th January 1980 and was registered with The Charity Commission on 11th April 1980 under number 178680.
## **Organisation**
The policy and general management of the affairs of the Association shall be controlled by the committee. During the year, members of the committee were as follows:Mr H Porter (Treasurer/Support Grant Officer)
Miss K Porter (Secretary) Mr R Lee (Chairman/Newsletter Editor) Mrs G Wright (Member) Ms N MacKenzie (Member)
## **Financial Controls**
All monies raised by or on behalf of the Association shall be applied to further the objects of the Association and for no other purpose. Bank accounts shall be opened in the name of the Association, Cheques shall be signed by at least two committee members.
## **Objectives and activities**
The objectives of the Association is the relief of persons suffering from renal failure by A, Inviting and receiving contributions from any person or persons whatsoever by way of subscription, donation and otherwise, provided that the Association doe not undertake any permanent trading activities in raising funds for its primary charitable object.
B, To supplement the services provided by the local hospitals for health, welfare and comfort of such persons, including the provision of clubs, health and recreation centres, hostels, rest and convalescent home for the use and benefit of such persons. C, To relieve distressed and needy persons suffering from renal failure or, where appropriate, their families being in need of financial assistance.
D, To take and accept gifts of property, whether subject to special trusts or not, for the object of association
E, To give and exchange information and advice and to promote education in all matters relating to renal failure
## **Achievements and performance**
The main achievements of the charity during the year were:
The continued financial aid and advice to individual patients and their families. The regular publication of a magazine to update patients on useful telephone numbers and the contacts, also other general information.
The publication of the magazine continues to be a success.
## **Financial review**
The reserve fund shown allows the Charity to undertake new projects and continue with others, such as sponsoring a psychological support councillor for kidney patients, without the concern of starting something that the Charity cannot continue due to a lack of funding.
## **Plan for future periods**
The Charity will continue to organise events in order to raise money and support its members.
The trustees annual report was approved on and signed on behalf of the board of trustees by:-
Mr H Porter Trustee
## **Wessex Kidney Patients Association Profit and Loss Account For the year ended 31 March 2024**
|**INCOME**
Donations
Other
Fundrasing
Sundry Income
**GROSS INCOME**
**EXPENSES**
Accountnants Fees
AGM Costs
Conference Costs
Donations
Fundraising
Magazine Expenses
Other Expenses
Postage
Purchases for Resale
Stationery
Sponsorship
Travelling Expenses
Utilities
Website
Welfare and Medical
Youth Worker
**Total Expenses**
**Nett Profit**
**RECONCILLIATION OF FUNDS**
Funds Brought Forward
Carried Forward
Sundry Expenses|**2024**
**£**
14810
7621
2843
44
25319
(450)
(24)
(1,250)
(38)
(1,300)
(47)
(234)
(1,543)
(374)
(470)
(94)
(22,102)
(3,430)
(31,356)
-
(6,037)
91202
85321|**2023**
**£**
6,610
7,004
3,800|
|---|---|---|
|||17,414
(350)
(1,000)
(4,544)
(1,930)
(67)
(324)
(7,367)
(361)
(751)
(104)
(19,609)|
|||(36,407)|
|||(18,993)|
|||117246
91202|
**Wessex Kidney Patients Association Registered number: Balance Sheet As at 31 March 2024**
**278680**
|**BANK ACCOUNTS**
Ascentric Account
Natwest Current Account
Paypal Account
**Nett Assets**
**Total Funds**
Funds
Funds
Unrestricted Frunds|73,575
10,906
840|**2024**
**£**
85,321
85,321|**2023**
**£**
71,891
18,717
594
91,202
91,202
91,202
91,202
91,202|
|---|---|---|---|
||85,321
85,321|||
||85,321|||
These financial statements were approved by the board of trustees and authorised for issue on ….........................., and signed on behalf of the board by :
## **Wessex Kidney Patients Association Notes to the Financial Statements Year Ended 31 March 2024**
## **1. General Information**
The Charity is registered in England and Wales and is unincorporated. The address of the principal office is 1 Watermans Lane, Dibden Purlieu, Southampton, Hampshire SO45 1ED
## **2. Statement of Compliance**
These financial statements have been prepared in compliance with FRS102, "The Financial Reporting Standard applicable in the UK and the Republic of Ireland", the 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 (FRS102) (Charities SORP) (FRS 102 and the Charities Act 2011
## **3. Accounting Policies**
## **Basis of Preparation**
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards and the requirements of FRS102 SORP and the Charities Act 2011.
## **Going Concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgement and key sources of estimation uncertainty.**
No significant judgements have been made by the trustees in preparing these financial statements.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor of, through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endownment funds.
All funds declared in the accounts are unrestricted.
## **Accounting Policies Continued**
## **Incoming Resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity : it is probable that the economic benefits associated with the transition will flow to the charity and the amount can be reliably measured the following specific policies are applied to particular categories of income
Income from donations or grants is recognised when there is evidence to entit **l** ement to the gift, receipt is probable and its amount can be measured reliably
Legacy income is recognised when receipt is probable and entitlement is established
Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services measured. No amounts are included for the contribution of general volunteers.
Income from the contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on particular purpose and returned is unspent, in which case it may be regarded as restricted.
## **Resources Expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes and VAT which cannot be fully recovered, an is classified under headings of the statement of financial activities which it relates.
Expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefits of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.