**Charity number: 0280568**
## **Friends of the Hospital Association, Deal**
**Unaudited**
**Trustees' report and financial statements**
**For the year ended 30 September 2022**
**Friends of the Hospital Association, Deal**
## **Contents**
||Page|
|---|---|
|**Reference and administrative details of the charity, its trustees and advisers**|1|
|**Trustees' report**|2 - 3|
|**Independent examiner's report**|4|
|**Statement of financial activities**|5|
|**Balance sheet**|6|
|**Notes to the financial statements**|7 - 15|
## **Friends of the Hospital Association, Deal**
**Reference and administrative details of the charity, its trustees and advisers For the year ended 30 September 2022**
## **Trustees**
Mrs D Thompson, Chair Mr L Alton Mrs A T Collyer Mr M Dyer, Treasurer Mrs K Campbell Mrs P Thomsett-Jones Mrs C Hutchison Mrs S Rook Mrs M Ebden Mrs L Dalton Mrs E Whitten Mrs M Laing, Secretary Mrs P Ede Mrs M McMenamin
## **Charity registered number**
0280568
## **Principal office**
Deal & Walmer Victoria War Memorial Hospital London Road Deal Kent CT14 9UA
## **Accountants**
Higson & Co (Deal) Ltd 45 Queen Street Deal Kent CT14 6EY
Page 1
**Friends of the Hospital Association, Deal**
## **Trustees' report**
## **For the year ended 30 September 2022**
The Trustees present their annual report together with the financial statements of the charity for the 1 October 2021 to 30 September 2022.
## **Objectives and Activities**
## **a. Objectives**
To relieve the patients and former patients of the hospital who are sick, convalescent, disabled, handicapped, infirm or in need of financial assistance and, generally, to support the charitable work of the said hospital.
## **b. Activities for achieving objectives**
To supplement the hospital service by provision of equipment and facilities for the relief of present or former patients in need. To provide amenities in the hospital for patients and staff including a tea bar. To encourage and maintain public interest in the hospital and raise funds to achieve these needs.
## **c. Main activities undertaken to further the charity's purposes for the public benefit**
The committee receive and review requests from hospital staff on a regular basis throughout the year for equipment and facilities that meet the charitable objectives.
The funding to meet these requests come from donations from the public, bequests left to the charity, fundraising activities, and investment income on funds invested.
## **Achievements and performance**
## **a. Key financial performance indicators**
The main key performance indicators are the level of cash reserves held, and monitoring of the income and expenditure on a regular basis by the committee.
## **b. Review of activities**
The Friends continue to be able to support the hospital throughout the year by the generosity of the public and fundraising of local organisations to enable the purchase of medical equipment, other equipment and furniture, sanitised water and maintenance and renovation of the gardens to name but a few of the areas.
As with many other organisations, our fundraising activities continued to be significantly impacted by the Covid19 pandemic, and sadly the committee had no alternative but to again cancel our annual fete scheduled for August 2022 and continue with the closure of the hospital tea-bar for the majority of the year. We are pleased to report that the tea bar re-opened in July 2022 and our fundraising activities following the removal of restrictions.
The volunteers in the tea bar continue to do a sterling service to the patients and staff and thanks must go to all of the tea bar team, and we are extremely grateful in seeing them all back supporting the tea-bar.
Despite the pandemic impact, The Friends continues to be in sound financial health and look forward to supporting the dedicated staff at the hospital in caring for the patients.
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate
Page 2
**Friends of the Hospital Association, Deal**
## **Trustees' report (continued) For the year ended 30 September 2022**
resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
## **b. Reserves policy**
The Trustees have a policy of maintaining reserves of at least £25,000, in order that they can meet the costs of closure or transfer of the charity's affairs should the need ever arise.
## **Structure, governance and management**
## **a. Constitution**
The Association has been constituted under rules (last amended in November 2005) to provide support and additional facilities for the patients of the Victoria Hospital, Deal. It is registered with Attend (ref no. 299) and the charity commission (ref no. 280568).
## **b. Method of appointment or election of Trustees**
The management of the charity is the responsibility of the Trustees who are elected at the Annual General Meeting and co-opted under the terms of the Trust deed.
This report was approved by the Trustees, on 11 July 2023 and signed on their behalf by:
## **Mrs D Thompson**
Page 3
**Friends of the Hospital Association, Deal**
## **Independent examiner's report For the year ended 30 September 2022**
## **Independent examiner's report to the Trustees of Friends of the Hospital Association, Deal (the 'charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 30 September 2022.
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 and the charity's Trustees as a body, for my work or for this report.
## **Responsibilities and basis of report**
As the Trustees of the charity 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 all 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 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 can 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.
Signed:
Dated: 28 July 2023
Higson & Co, 45 Queen Street, Deal, Kent CT14 6EY
Page 4
## **Friends of the Hospital Association, Deal**
## **Statement of financial activities For the year ended 30 September 2022**
|**Note**
**Income from:**
Donations and legacies
2
Other trading activities
3
Investments
4
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income before other recognised gains**
**and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Restricted**
**funds**
**Unrestricted**
**funds**
**2022**
**£**
**2022**
**£**
**-**
**34,031**
**-**
**1,058**
**-**
**29,257**
**-**
**64,346**
**-**
**694**
**-**
**9,542**
**-**
**10,236**
**-**
**54,110**
**-**
**54,110**
**4,771**
**780,295**
**4,771**
**834,405**|**Total**
**funds**
**2022**
**£**
**34,031**
**1,058**
**29,257**
**64,346**
**694**
**9,542**
**10,236**
**54,110**
**54,110**
**785,066**
**839,176**|Total
funds
2021
£
74,305
416
27,196
101,917
(85)
6,521
6,436
95,481
95,481
689,585
785,066|
|---|---|---|---|
The notes on pages 7 to 15 form part of these financial statements.
Page 5
## **Friends of the Hospital Association, Deal**
|**Balance sheet**
**As at 30 September 2022**
**Note**
**Fixed assets**
Investments
7
**Current assets**
Cash at bank and in hand
**Creditors:**amounts falling due within one
year
8
**Net current assets**
**Net assets**
**Charity Funds**
Restricted funds
9
Unrestricted funds
9
**Total funds**|**£**
**159,211**
**(35)**|**2022**
**£**
**680,000**
**159,176**
**839,176**
**4,771**
**834,405**
**839,176**|£
205,550
(484)|2021
£
580,000
205,066|
|---|---|---|---|---|
|||||785,066|
|||||4,771
780,295|
|||||785,066|
The financial statements were approved by the Trustees on 11 July 2023 and signed on their behalf, by:
## **Mrs D Thompson, Chairman**
## **Mr M Dyer, Treasurer**
The notes on pages 7 to 15 form part of these financial statements.
Page 6
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **1. Accounting policies**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared 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 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
Friends of the Hospital Association, Deal constitutes a public benefit entity as defined by FRS 102.
## **1.2 Going concern**
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and are unaware of any material uncertainties facing the charity that could impact on it's ability to operate as a going concern. As such, the charity continues to adopt the going concern basis in preparing the financial statements.
## **1.3 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Page 7
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **1. Accounting policies (continued)**
## **1.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
## **1.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **1.6 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.
## **1.7 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 within interest payable and similar charges.
## **1.8 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 8
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **1. Accounting policies (continued)**
## **1.9 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **1.10 Taxation**
The association is a registered charity and as such is not subject to UK Income or Corporation Tax.
## **2. Income from donations and legacies**
|Donations
Legacies
Subscriptions
Total donations and legacies
Total 2021
**Fundraising income**
Hospital fete & other fundraising events
Tea-bar
Total 2021|**Restricted**
**funds**
**Unrestricted**
**funds**
**2022**
**£**
**2022**
**£**
**-**
**3,838**
**-**
**30,168**
**-**
**25**
**-**
**34,031**
-
74,305
**Restricted**
**funds**
**Unrestricted**
**funds**
**2022**
**£**
**2022**
**£**
**-**
**334**
**-**
**724**
**-**
**1,058**
-
416|**Total**
**funds**
**2022**
**£**
**3,838**
**30,168**
**25**
**34,031**
74,305
**Total**
**funds**
**2022**
**£**
**334**
**724**
**1,058**
416|Total
funds
2021
£
13,065
61,215
25|
|---|---|---|---|
|||||
|||||
||||74,305|
||||Total
funds
2021
£
175
241
416|
|||||
## **3. Fundraising income**
Page 9
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **4. Investment income**
|**Investment income**||||
|---|---|---|---|
|Investments
Subtotal
Other investment income
Total 2021|**Restricted**
**funds**
**Unrestricted**
**funds**
**2022**
**£**
**2022**
**£**
**-**
**29,257**
**-**
**29,257**
**-**
**-**
**-**
**29,257**
-
27,195|**Total**
**funds**
**2022**
**£**
**29,257**
**29,257**
**-**
**29,257**
27,195|Total
funds
2021
£
27,195|
|||||
|||||
||||27,195
1|
|||||
|||||
||||27,196|
|||||
Page 10
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **5. Resources expended**
|**Hospital expenditure**
Medical equipment
Christmas festivities
Gardening - courtyard
Drinking water coolers
Patients toiletries
Other expenses
Sub total
**Fund raising expenses**
Hospital fete
Tea-bar
Other
Sub total
**Management expenses**
Subscriptions
Administration expenses
Sub total
**Other expenses**
Newspapers
Other
Sub total
**Governance costs**
Independent examiner's fees
Sub total
Total|**Restricted**
**funds 2022**
**£**
**Unrestricted**
**funds**
**2022**
**£**
**-**
**1,472**
**-**
**231**
**-**
**2,355**
**-**
**3,273**
**-**
**292**
**-**
**380**
**-**
**8,003**
**-**
**-**
**-**
**534**
**-**
**160**
**-**
**694**
**-**
**1,046**
**-**
**133**
**-**
**1,179**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**360**
**-**
**360**
**-**
**10,236**|**Total**
**funds**
**2022**
**£**
**1,472**
**231**
**2,355**
**3,273**
**292**
**380**
**8,003**
**-**
**534**
**160**
**694**
**1,046**
**133**
**1,179**
**-**
**-**
**-**
**360**
**360**
**10,236**|Total
funds
2021
£
-
3,475
195
-
496
393
**4,559**
-
-
(85)
**(85)**
1,010
15
**1,025**
487
-
**487**
450
**450**
6,436|
|---|---|---|---|
## **6. Auditors' remuneration**
The Independent Examiner's remuneration amounts to an Independent Examination fee of £ 360 (2021 - £ 450), and other services of £ - (2021 - £0).
Page 11
**Friends of the Hospital Association, Deal**
**Notes to the financial statements For the year ended 30 September 2022**
## **7. Fixed asset investments**
|**At cost**
At 1 October 2021
Additions
At 30 September 2022
**Investments at cost comprise:**
Charishare Common Investment fund
Charinco Common Investment fund
Total at cost
All the fixed asset investments are held in the UK
**Valuation**
The market value of the investment funds at the balance sheet date was:-|**Other**
**investments**
**£**
**580,000**
**100,000**
**680,000**
**2022**
2021
**£**
£
**345,000**
345,000
**335,000**
235,000
**680,000**
580,000|**Other**
**investments**
**£**
**580,000**
**100,000**
**680,000**
**2022**
2021
**£**
£
**345,000**
345,000
**335,000**
235,000
**680,000**
580,000|
|---|---|---|
|||**680,000**|
|||2021
£
345,000
235,000|
|||580,000|
||||
|BLK Charities UK Equity Fund (formerly Charishare Common
Investment fund)
BLK Charities UK Bond Fund (formerly Charinco Common
Investment fund)
**8.**
**Creditors: Amounts falling due within one year**
Trade creditors|**2022**
**£**
**593,493**
**260,458**
**853,951**
**2022**
**£**
**35**|2021
£
659,353
227,526|
|---|---|---|
||||
||||
|||886,879|
|||2021
£
484|
Page 12
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **9. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds - all funds
Other General funds
**Restricted funds**
Restricted Funds - all funds
Total of funds|**Balance at**
**1 October**
**2021**
**£**
**780,294**
**1**
**780,295**
**4,771**
**785,066**|**Income Expenditure**
**£**
**£**
**-**
**-**
**64,346**
**(10,236)**
**64,346**
**(10,236)**
**-**
**-**
**64,346**
**(10,236)**|**Balance at**
**30**
**September**
**2022**
**£**
**780,294**
**54,111**
**834,405**
**4,771**
**839,176**|
|---|---|---|---|
Restricted funds are held in respect of expenses relating to hospital and district nurses and comprise of donations specifically for this purpose, together with a proportion of bank interest received on funds held.
## **Statement of funds - prior year**
|General Funds - all funds
**Restricted funds**
Restricted Funds - all funds
Total of funds
**Summary of funds - current year**
General funds
Restricted funds|Balance at
1 October
2020
£
684,814
4,771
689,585
**Balance at**
**1 October**
**2021**
**£**
**780,295**
**4,771**
**785,066**|Income
Expenditure
£
£
101,916
(6,436)
-
-
101,916
(6,436)
**Income Expenditure**
**£**
**£**
**64,346**
**(10,236)**
**-**
**-**
**64,346**
**(10,236)**|Balance at
30
September
2022
£
780,294
4,771
785,065
**Balance at**
**30**
**September**
**2022**
**£**
**834,405**
**4,771**
**839,176**|
|---|---|---|---|
Page 13
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
## **9. Statement of funds (continued)**
## **Summary of funds - prior year**
|General funds
Restricted funds|Balance at
1 October
2020
£
684,814
4,771
689,585|Income
Expenditure
£
£
101,916
(6,436)
-
-
101,916
(6,436)|Balance at
30
September
2021
£
780,294
4,771|
|---|---|---|---|
|||||
|||||
||||785,065|
## **10. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Fixed asset investments
Current assets
Creditors due within one year
**Analysis of net assets between funds - prior year**
Fixed asset investments
Current assets
Creditors due within one year||**Restricted**
**funds**
**Unrestricted**
**funds**
**2022**
**£**
**2022**
**£**
**-**
**680,000**
**4,771**
**154,440**
**-**
**(35)**
**4,771**
**834,405**
Restricted
funds
Unrestricted
funds
2021
£
2021
£
-
580,000
4,771
200,779
-
(485)
4,771
780,294|**Total**
**funds**
**2022**
**£**
**680,000**
**159,211**
**(35)**
**839,176**
Total
funds
2021
£
580,000
205,550
(485)
785,066|
|---|---|---|---|
|||||
## **11. Capital commitments**
Future commitments for items of expenditure authorised by the committee are set out below:-
Page 14
**Friends of the Hospital Association, Deal**
## **Notes to the financial statements For the year ended 30 September 2022**
|CCTV
MIU chairs
Water supply
Ward storage
Hospice room refurbishment
Bariatric chairs
Dictating machine and software
Opthalmoscopes
Bike rack
|**2022**
**£**
**5,000**
**2,198**
**2,500**
**4,500**
**6,687**
**829**
**1,380**
**572**
**25**
**23,691**|2021
£
5,000
2,198
2,500
4,500
10,287
829
1,380
-
-|
|---|---|---|
||||
||||
|||26,694|
## **12. Related party transactions**
No Trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2021 - Nil).
No trustees received reimbursement of expenses in the current year (2021 - Nil).
Page 15