**REGISTERED CHARITY NUMBER: 283105**
**Report of the Trustees and**
**Financial Statements**
**for the Year Ended 30 April 2025**
**for**
**League of Friends of Derriford Hospital**
Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devon PL1 3JX
**League of Friends of Derriford Hospital**
**Contents of the Financial Statements for the Year Ended 30 April 2025**
|||**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|9|
|**Detailed Statement of Financial Activities**||10||
**League of Friends of Derriford Hospital**
## **Report of the Trustees for the Year Ended 30 April 2025**
The trustees present their report with the financial statements of the charity for the year ended 30 April 2025. 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 charity's principal activity during the year was the support of Derriford Hospital, Plymouth.
The majority of the charity's income is from bequests and donations given by members of the public. It also has a small second hand book shop to generate funds. In addition, it receives income under Gift Aid from Derriford Hospital League of Friends Shop Limited, a company under the control of the management committee.
The key objective of the charity is the support of Derriford Hospital in Plymouth, primarily through the purchase of specialist medical equipment.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Review of activities and achievements**
The year ended 30 April 2025 showed total income of £108,587
During the year ended 30 April 2025, the charity purchased £153,079 of equipment and facilities for the hospital.
The results for the year comprised net expenditure of £(48,268). This resulted in total funds carried forward of £319,119 at the year end.
The charity relies on the use of volunteers to run its operations for whom it is very grateful.
## **FINANCIAL REVIEW**
## **Reserves policy**
The charity does not maintain a reserves policy as under its constitution, all funds are solely for the purchase of specialist equipment for Derriford Hospital. Commitments are only made when there are adequate funds available to meet requests for equipment. The current reserves amount to £319,119.
.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Organisational structure**
The charity is administered by a management committee, the members of which are listed within the Report of the Trustees. The management committee are also trustees of the charity. At the AGM one third of the longest serving members retire and offer themselves for re-election by the members of the League of Friends present at the AGM.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
283105
## **Principal address**
42 Garden Park Close Plymouth Devon PL9 8JL
Page 1
**League of Friends of Derriford Hospital**
## **Report of the Trustees for the Year Ended 30 April 2025**
## **Trustees**
Mrs R Vincent Chairman Mrs K Heyes Secretary Mrs S Nicholson Treasurer Professor J Griffiths Miss E Lewis Mrs C Barrow Membership Secretary R Thomas (appointed 19/9/2024)
## **Independent Examiner**
Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devon PL1 3JX
Approved by order of the board of trustees on 31 July 2025 and signed on its behalf by:
Mrs K Heyes - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of League of Friends of Derriford Hospital**
## **Independent examiner's report to the trustees of League of Friends of Derriford Hospital**
I report to the charity trustees on my examination of the accounts of League of Friends of Derriford Hospital (the Trust) for the year ended 30 April 2025.
## **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.
Mr Ian Sheppard
Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devon PL1 3JX
31 July 2025
Page 3
## **League of Friends of Derriford Hospital**
## **Statement of Financial Activities for the Year Ended 30 April 2025**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
87,129
Other trading activities
2
11,545
Investment income
3
9,913
**Total**
108,587
**EXPENDITURE ON**
Raising funds
20
**Charitable activities**
Equipment purchases and support costs
-
Patients' Christmas gifts
156,637
Other
198
**Total**
156,855
**NET INCOME/(EXPENDITURE)**
(48,268)
**RECONCILIATION OF FUNDS**
Total funds brought forward
367,387
**TOTAL FUNDS CARRIED FORWARD**
319,119|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-|2025
Total
funds
£
87,129
11,545
9,913
108,587
20
-
156,637
198
156,855
(48,268)
367,387
319,119|2024
Total
funds
£
140,528
11,369
5,552|
|---|---|---|---|
||||157,449|
||||20
31,885
36
82|
||||32,023|
||||125,426
241,961|
||||367,387|
The notes form part of these financial statements
Page 4
## **League of Friends of Derriford Hospital**
## **Balance Sheet 30 April 2025**
|Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank
320,098
**CREDITORS**
Amounts falling due within one year
7
(979)
**NET CURRENT ASSETS**
319,119
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
319,119
**NET ASSETS**
319,119
**FUNDS**
8
Unrestricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
-
-
-|2025
Total
funds
£
320,098
(979)
319,119
319,119
319,119
319,119
319,119|2024
Total
funds
£
368,366
(979)
367,387
367,387
367,387
367,387
367,387|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 July 2025 and were signed on its behalf by:
K Heyes - Trustee
The notes form part of these financial statements
Page 5
**League of Friends of Derriford Hospital**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## **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.
## **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.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **2. OTHER TRADING ACTIVITIES**
|Book shop
Collecting boxes
Membership and Gift Aid
Stamp sales
Christmas & Easter raffles
**3.**
**INVESTMENT INCOME**
Deposit account interest|2025
£
9,460
962
190
16
917
11,545
2025
£
9,913|2024
£
9,712
661
228
-
768|
|---|---|---|
|||11,369|
|||2024
£
5,552|
Page 6
**League of Friends of Derriford Hospital**
## **Notes to the Financial Statements - continued for the Year Ended 30 April 2025**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
## **Trustees' expenses**
No expenses were paid for the year ended 30 April 2025 (2024:£NIL).
## **5.**
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
140,528
Other trading activities
11,369
Investment income
5,552
**Total**
157,449
**EXPENDITURE ON**
Raising funds
20
**Charitable activities**
Equipment purchases and support costs
31,885
Patients' Christmas gifts
36
Other
82
**Total**
32,023
**NET INCOME**
125,426
**RECONCILIATION OF FUNDS**
Total funds brought forward
241,961
**TOTAL FUNDS CARRIED FORWARD**
367,387|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-|Total
funds
£
140,528
11,369
5,552|
|---|---|---|
|||157,449|
|||20
31,885
36
82|
|||32,023|
|||125,426
241,961|
|||367,387|
Page 7
**League of Friends of Derriford Hospital**
## **Notes to the Financial Statements - continued for the Year Ended 30 April 2025**
## **6. EQUIPMENT PURCHASES**
During the year the League purchased equipment and facilities to the value of £153,079 (2024:£28,384) for use within Derriford Hospital.
|**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**8.**
**MOVEMENT IN FUNDS**
At 1.5.24
£
**Unrestricted funds**
General fund
367,387
**TOTAL FUNDS**
367,387
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
108,587
**TOTAL FUNDS**
108,587
**Comparatives for movement in funds**
At 1.5.23
£
**Unrestricted funds**
General fund
241,961
**TOTAL FUNDS**
241,961|2025
2024
£
£
979
979
Net
movement
At
in funds
30.4.25
£
£
(48,268)
319,119
(48,268)
319,119
Resources
Movement
expended
in funds
£
£
(156,855)
(48,268)
(156,855)
(48,268)
Net
movement
At
in funds
30.4.24
£
£
125,426
367,387
125,426
367,387|
|---|---|
Page 8
**League of Friends of Derriford Hospital**
## **Notes to the Financial Statements - continued for the Year Ended 30 April 2025**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
157,449
157,449|Resources
Movement
expended
in funds
£
£
(32,023)
125,426
(32,023)
125,426|Resources
Movement
expended
in funds
£
£
(32,023)
125,426
(32,023)
125,426|
|---|---|---|---|
||||125,426|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.5.23
£
241,961
241,961|Net
movement
in funds
£
77,158
77,158|At
30.4.25
£
319,119|
|---|---|---|---|
||||319,119|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
266,036
266,036|Resources
Movement
expended
in funds
£
£
(188,878)
77,158
(188,878)
77,158|Resources
Movement
expended
in funds
£
£
(188,878)
77,158
(188,878)
77,158|
|---|---|---|---|
||||77,158|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 April 2025.
Page 9
## **League of Friends of Derriford Hospital**
## **Detailed Statement of Financial Activities for the Year Ended 30 April 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations & legacies
**Other trading activities**
Book shop
Collecting boxes
Membership and Gift Aid
Stamp sales
Christmas & Easter raffles
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Raffle expenses
**Charitable activities**
Equipment purchases and patient support
Patients' Christmas gifts
**Other**
Rates
**Support costs**
**Finance**
Bank charges
**Governance costs**
Postage and stationery
Accountancy and legal fees
Volunteers' insurance
Total resources expended
**Net (expenditure)/income**|2025
£
87,129
9,460
962
190
16
917
11,545
9,913
108,587
20
153,079
1,788
154,867
198
97
150
1,020
503
1,673
156,855
(48,268)|2024
£
140,528
9,712
661
228
-
768|
|---|---|---|
|||11,369
5,552|
|||157,449
20
28,384
1,752|
|||30,136
82
71
229
1,020
465|
|||1,714|
|||32,023|
|||125,426|
This page does not form part of the statutory financial statements
Page 10