The League of Frlends of the Newton Abbot Hospitals Annual Report Year Ended 30 April 2024
The League of Friends of the Newton Abbot Hospitals Annual Report Year ended 30 April 2024 Conlenls Page Reference and AdrninistratSbe Details Committee's Report Independent Examinerfs Rewrt to the Committee statement of Finanaal Acti¥itJes Balance Sheet Notes and Accounting pIC*S 7-11
The League of Friends of the Newton Abbot Hospitsls Referenc8 and Administrative Details Year ended 30 April 2024 status The League of FrierKls of the Newton Abbot HospTia15 is a chafity Wistered wilh the Charity Cornmission under r8feren¢e number 284014. It Is oovemed by a set of Rules an¢J managed by a mMIttee - apinted under those ruks. Trustees: Cornmittee Officials Other Truslees President Mr M Ryan Treasurer I Chairrnan Mrs R Robin50n Minuie5 Secretary L Leaman Press Offir Mrs H Long Sales tale organiser Mr5 C Hewett Mrs J Larcombe Mrs J Har Mrs D Kennedy Mrs P Gibbs Miss J Geake Mts A Honeywill Apintl 13 November 2023 Principal Address Newton Abtwjt Communty Hosmal West Golds Road NEON ABBOT TQ12 2TS Professional Advisers Bankers: Lloyds Bank 41 Courtenay Street NEIMON ABBOT Investments Advisers: Brooks MacDonakJ TAUNTON Independent Examiner: Michael Denoon Young FCA Peplows Limtted Moorgate House King Street NEwfoN ABBOT
The League of Frlends of the Newton Abbot Hospitals Report of the Committee of the Trustees for the year ended 30 April 2024 The Trustge5 present thair annual report for the year ended 30 April 2024 The financial statements have been wepar6d in accordancèwth the accounting pole$ setOLrt in note 1 tothe accourrts and comply wrththecharty5 trust deed, tha Charitbs Act 2011 and Accfjunting and Reporting by chare9.. Stateffnt of Reconvnendèd Practice applicable to charitiés preparing their accounts In accordance with the Financial Reporhng Stsndard applicable in the UK and Republic ol Ireland issued in Octobèr 2019, the Financial Reporting &andard applble Inthe Unrted Kingdom and Republic of Ireland IFRS 1tr21 and UK Generally Accepted A¢counting Practice. structurn Govemance and Managem•M This league was fomied 74 years ago and is a memb&r League of Devon County A5%)ciatson of Leagues of Friands and Wd5 ragistered wf(h tha Charty Commission under refererKe number 284014 in January 1982. M is governed by Objects and Rules adop19d In March 2004 amended on 17 November 2014. 21 Sèptember 2015 and 14 Novèmber 2022. The charty is administered and managed by the ExecutNe Committee who are listed on page 1. The commtttee has met 10 times In the year. Thè maln suty'ects dL%CU5sed re requests passed to tss by hospf(al departments, sharing updated Information on the CUTnt changes Trmthin the hospkal and the ¥Wdy forward for the league wthin the hospital, the rola of volunteers in th8 hosprtal, and rqts for fundmg from cther organisatsons and peop. At tha Annual Genoial Meeting of the League. one third of the eorrwnttee shall retwe from office but shall be eligible for r glection. The committee may electany rnenJer ofthe Leaguèto fill a vacan¢y on the conwnrttee untilthe nextAnnual Gèneral meets.ng Existing trustaes discuss all new tnjstees the objeclNés ofthe Charity and the ro rt plays in the local communty. New trustees are infornd about t¥ustee responsibilth'es and haniled copjès of the appropriate Charty Corrmission paparwork The trustees have reviewed any major risks to thè charity and sNems and kY0dureS have been established to manage any of these nsk$. Objectives and Activities The principal purpo$$ ofthis chanty is to wovkle uipMent for use in th& hosprtal and hospOtsbased Communty Services for which, we are fOrnd, funding is not aValble. To enhance these s¢NKes and to awj new projeds. Also, to assist and 8UPPOrt Patnts and staff to provrde a link between hospital and public. Tha League do6s not fvnd training or anything that rt kncwts to be a statutory duty ofthe TrusL Wh•n planning adfvitie5 and knding for the hosprtal and other Organat&)ns the leagu? keeps in mind the Charity Commv6sbns guNlance on pubk benefft. Investment Policy Th¢ investment objèdive is to maximisethe tcrtal investmerrt retum within a eontrolled riskframewort so as to JTrakè funds availablè from accumulatèd income anil capital for dtstribUtn each ye8r. Achlevements and Performance Since our last AGM things are continuing to retum to nomal and as mentioned below, volunteers are in the hospital. There havè also been meetings wrth the hosprtal staff and a number of donations hava been rrode or approved to the hospital. Thè ospf(al has a nèw infusion unrt and the league has contributed approx¥nety £27.OCLI towards reclinin and equipment to be used in IL Gging forward. lurther donth"on5 wll be made to the infusion Un Wa chairs, overtables ave also provided swallow dèvice5 Costing approximately £3,OCK) and an interactNe gaming machine for patient Usè C05ting approximate £10,000 for the stroke unrt. Exercisè bikes costing £3,598 re provided to tha physiotherapy department As in premous years when requested we provided funding for mattressès, chairs and equipment for the wards. which this year was approximatèly £6,OCiI. Thére Wds also a dOllatn of£24,250 to Rowuoft HoSpe for high bw beds and coolin Charity many rèsidents and pats¢nts of Neon Abbot benefrtfrom. Ftnalty, 85 pre4iosJs yèar5 have assisted blankets, for our local GP surgeriè$ purchases The Leaguè contueS to énjoy great and interested supp¢t Irom voluntser5. bcal publiq local businèsses and the hospital staff, pients and vBitors. Once again volurteers are In the hospal Including a very hel ful meet and greet seNice. voluntee are also on the wards providing a buddy service lo pabèrrts %•kno havè fèw wsitors. he Sales tsble is in operation, bringing the league to the Publ attention and abo ratsing fvnds for the leayue. tt i8 of(en the first thing people sèe when they the hospf(al. Committe6 meèting5 are nowheld monthty lexeèpt for Astand L)ecemberl. These are n1 held at NthOn Abbcrt Museum due lo a la(* tsf space at th8 hosp81. W6 are very grateful to the museum fo¥ giving us free use of a room forthis purposè. These meetings aTe an opportunty to di5jSS the Vrk cam8d out in the hosprtal and any requests for donations. AS merrbers ala gètting older, the boguè is k)okn"ng for new rrombers, both to assist wrlh volunteering in the hospital and being inVoed wrth the conrnrttee. There are a Mde rarKJe of voluntaer roles, including those rnentKJfjed above and ¥ would k)ve to recommanee the lea trolky on the hospital Wa$.4.
The League of Frlends of the Newton Abbot Hospitals Report of the cmMIttee of Ihe Trustees for the year ended 30 April 2024 Procedures and Pollcy for Grant Making The Trustees respond to applications a5they receNe them, and where neces$8ry, prior approval is obtained from the Matron In accordance NHS guidelines. Certain other charitable requests are considered by trustees as apwoprBte. applications for grants are considwed by the Commrttee who decidè ff they meet the objactwes of the eharty. If they are considered to be in line wth the charty obJèctNes. they are nom)alty paid. Flnancjal Revl6w The league has continued to benefft from generous legaCS this year. Due to increased interest rates, investrnont inco has Incrèased in the year. Ajso our hard wothng sates tab ladie5 are back in the tKJsptsI and income ITOM thè sales tablé has increased. 11 has ¢ontinued to make grants to organisattons conneded to the hospital and potential patients of the hospital. The net deficrt for the year was £50,817, reflethng the continuin9 lèvèl of grants made in the year. Investments have Creased In vAlug th(s year by £76,030. This gNes a tclal incrèasè in reserves for the yaar of £25.213. Reser Policy The charity has reserve6 anKJunting to £1.207,760. These have trrtjilt up over a number of ye8r5 due to gènerous donations. Thè charity is continually looking for ways to spend it in atrord8nce with its objeLs, theif aim being to r8duce thè arTh)unl of reserves. All fvnds unre5trKted and can be used for any purpose eovered by the objeds oftha Loague. The level of r8saNss will run at a higher Val while the charty identffies applicable equipmnt and projècts to fund h accordance yth tts ststed ains and the (lonorfs wshe& Plans for Futurn P•rltyJs The Trustees wll continuèto èntpur8ge the hospital and hospitapbased con¥nunty 5erwces to appty for grants. In particular the league wll rèmind organisations that fvnds are avaiLgble, as based on prewous experienca, not every oiganisalion i% aware they can appty for funding. Infom)ab"on is pod on agUeS noticeboard at the hosprtal of &tNrties carrièd out and donations made. Trustw, reBponsibilities in relatlon to the financlal stat•mts The charty trustees are responsible for preparing a trustees, annual rep)rt and financial statements in w>rdance wih appluble law and Unitsd Kingdom Accounting Standards IUni¢gd lQ"ngdom Generalty Aeceptsd ArtoUlng Pradicel. Tha law ar4)licable to charthes in England and Wales requires the tharty trustees to prèpare financ1 statements for each year whh 9Ne a true and fair vtaw of the state of affairs of th¢ charity and of the incomin9 resources and applutv)n of resources. of the charty forthat period. In preparing the financial 5taterrents, the trusle&s arè required to.. sèlèct suitable accounting pKIl1•s and then appty th8m eon$6ttrnY". obsarv¢ th? methcxjs and princip$ in the applKable Charthes SORP IFRS1021,' makejudgements and estimates that arè reasonab and prudent state vthèthèr applicabte accounting Standards have been fc4kh¥ed, sutry"ec to any material dèpartures disclosed and explained in the fin8n¢ial sternents'. prepare tha financKqI statements on the 90ing concem basis unths it is inapwoprte to presume that the charty will continue in busines$. The trustees ar& r5ponsible for keeping pryr a¢¢ounting records that disdose wilh reasonable accur8w at any time the financial position ofthe charty and to enable themtg ensure that the finaftcial statements corrpty wth thè Char((S Act 3J11, the applicable Charities (Accounts and Report) Regulation& and the PSKIllS of the Trust deed. They Bre also rasptsn5ible for Safeguarding the assets of the tharity and taknng rèasonable steps for the prevènlvJn and dele(ion of fraud and oth&r ITregular*ies. Compllancewith the Charty's Govtrning Document and Currèrrt statutory Requlrements The financial st8tenEnts have been prepared in a(Lordance wrth the Charty's Trust Deed. applicable L8w and requirements of the Statemant of Recommended Pradice.. ACcourrt9 and Repcrting by Charkiès ISORP FRS1021 issued in October 2019. Approved by the Trustees on 9 . 9 2024 and signed on their behalf by:.R.. f)...lkns R Robinson Chairnian
The League of Friends of the Newton Abbot Hospltsls Independent Examinerfs Report to the Trustees of The League of Friends of the Newton Abbot Hospitals I report lo the charity trustees on my examinatlon of the accounts of the charily forthe year ended 30 April 2024 which a set out on pages 5 to 11. Responsibilities and basls of report As the chatity's trustees you are responsible for the Fweparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Art)- I report in respect of my examination of the chartty's accounts caffled oul under secaion 145 of the Acl and in Ganying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Ad. Independent examlnerfs statement I have completed my ex8mination. I confirm that no nmterial mallers ha come lo my atterrtion in connection with the examination giviTrJ me cause to believe that in any maleri81 respe(I: accounting records were not kept in respecl of the charity as Uired by se(aion 130 of the Aca" or the accounts do not accord with those records: or the a¢wunts do not comply wlh the applicable requirements concerning the fomi and content of accounts set out in the Chartties (Accounts and Rerts) Regulations 2008 other than any requirement that the accounts give a Irue and fair view. which is not a matter consKlered as part of an independent examination. I have no concerns and have come across no other matters in ¢onnedton with Ihe examination to which attention should bo drawn in this report in order to enable a FXOFer urKlerstanding of the accounts to be reached. M D Young FCA Peplows Llmited Chartered Accountants and Registered Auditors Moorgate House King Street Newton Abbot 1141
The League of Frlends of the Newton Abl)ot Hospitals Statement of Financial Activityes Year ended 30 April 2024 2024 Tolal 2023 Total Nots$ Income from: Voluntary income: Subs1p110nS and donations LegaeS 916 10,500 952 17,994 Fund raising induding Trolley income Investments 2,725 21,646 17,732 Total 35,787 37.523 Expenditure on.. Charitable actimties Raising funds Investment management costs 77,272 172 9.160 104,430 252 9.102 Total 86.604 113,784 Net {expenditurel before gains and losses on investments Realised and unrealised gains Oosses)on Investments 150,817) (76,261) 76.030 (38,881) Net incornellexpenditurel and N¢t movement In funds for the year Reconcillation of funds Balances at 1 May 2023 25.213 (115,142) 1.182,547 1,297,689 Balances at 30 April 2024 1,207.760 1.182,547 Represented by: Fixed assets Investments Current assets Current1Sabiltiies 1,022.907 212,649 {27.796) 1.030.772 193,427 (41,652) 1,207,760 1,182,547 All Income and expend6ture derive from continuing adivities. All funds are unresliicled except as detaile(l in note 15 to the accounts.
The League of Frfends of the Newton Abbot Hospltals Balan Sheet 30 April 2024 2024 Totsl 2023 Total Notes Fixed assets Tangible Fixed Assets Investments 10 11 1,022.907 1.030,772 1.022.907 1,030,772 Currnnt assets Debto COIF CharItS Deposit Fund Cash at bank and in h8nd 12 10.500 68.485 133,664 65,239 128,188 212.649 Llablllties - amounts falllng due within on• year Creditors 193,427 13 127.7961 (41,652) Not curent assets 184.853 151,775 Total Net assets 1,207,760 1,182,547 Income funds and Totsl chartty funds Unrestricled funds General fvnd Restrirted Fund 1,207.714 1,182.501 Total Net assets 1.207.760 1,182,547 The notes on paoes 7 to 11 fom) part ofthese accounts. Approved by the Commttee on ...g.: ..9....i.o..Ik....... Carole Hewett Committee Member
The League of Frlends of the Newton Abbot Hospitals Notes and Accounting Policies Year end8d 30 April 2024 General Inforniation The League of Friends of the Newion ALknt HosrMia15 is a tharity regkstered with the Ch81ity Commission under refence number 284014. It govemed by a sel of Rules and manJed by a Committee- apwnted under those The address of its principal a¢e of tIneSS is Newlon Abbot Hospital Newton Abb)t TQ12 2TS Accounting Policies (a) Basis of preparation and assessment of going concem The accounts (financial statemerts) have been prepared on a goiro concem b8si8 underthe historical cost convention with items recognised 8t cost or tr8nsaclion value unless otherwise sL8ted in the relevant note(s) to these accounts. The financial stalemetts have been wepared in accortlance with A(tounting and Reporting by Chartties: Statement of RecommerKled Pr8cii¢e applicable to chatiiies preparing their accounts in accordance with the Financial RertIng Siandard applicable in the UK and Republic of Ireland issued in October 2019, the Financial ReportitYJ Standard applble in the United Kingdom and Republic of Iland (FRS 102). the Charities A( 20118nd UK Genernlty Accepted A¢¢ounting Prdclice The 8ccounts have been wesented in stefling and rounded lo the nearest £. The trusi constitutes a public benefft entty as defined by FRS 102. The trustees o)nsNJer that there are no material uncertainties aul the Charity's ability to continue as a golng concem. The following principal accounting policies have been 8pplie(l. (b) Income Recognition All income is reccgnised once the tharity has entitlement to the iftcome. there is sufficient certainty of receipt arKJ so it is probable that the income will be received, and the amount of income Trceivable can be measured lIable. fj) Donations and legacies. These are included in Ihe Statement of Financial Activities when.. the chatity is notified to the donation. legacy or similar income and any cx)nditions ft)r receipt are mot.. the truslees consujer that it is probable that they will receive it: the value can be reliabty measured and" donated goods for sale are recc*Jnised when they are sohj and included within fundraisino income. (li) Subscriptions - These are incIed in the accounts when there is sufficient certainty that they will be recetved. (iii) Fundraising - The income from thi5 is induded when re¢eNed. as il is carried out by volunteers and is onty at this wint it can be reliabty measured. (iv) Investment income- Investfflent income reccwjnised on a receiwdbte ba5k%. when notrfled by the FInanal Advisor.
The League of Frlends of the NeWn Abbot Hospltsls Notes and Accountiro Poliaes Year ended 30 April 2024 Accountlng Policies {continued) (c) EXnditUrn re¢ognition Liabilities are recoglli5ed as expenditu as soon as theTr is a legal or construGtNe obligation committing tho charity to that expenditu, it is pnjbable that Settment will be reqUId and the amount of the oblpjation can be measured relk?tAy. Ail expenditu is accounted for on an accruaLs basis. All expenses. including supwrt arKI govemance costs except for dife(l fiJrKlr8i8ing costs are allocated to chaiitable a(livities Grants lo oruanisations are induded when they are apwoved by the committee for paymenl and the amount of the oblbJation be measured reliably. Equipment purchased for Nevrton Alknt Hospiial. surgeries aThJ clinics is treated as donated to these bcYies as li is insur&J by them. Such equikThnt C8nnot be removed or di$Sed of wlhout penT4ssion frorn the League of Friends. (d) Charhable activilles The expendilure on charitable aclivtknes inclLhles grants made. govemance costs and support Costs as shown in note 6. (e) Costs of raising funds Fund raising cosls are the di¢1 o)sts of fundraisirvJ. (Q Costs of genernling funds The costs of generaling funds consist of inEstment management fees. (g) Voluntary help The charity is run entirely by unpaid voluntary help. For the pufjx)se of these a¢counts, no walue has been placed on this help. (h) Fixed Assets Equlpment purchased for use by the cftarily is caprtalised a1 depreci8ted by equal annual instalments over its estimated usefvl lrfe of ten yea. Investments Investments are a fonn of bas financial inslrumenl arKI are oivJinally reccgnised at their transalon value and subsequently naSured 81 their fair value at the b8NCe sheet date using the quoled market price. Realised and unrealised gains arKI losses on the investments a credbtedlcharged directly to the Statement of FinancÈal Actiwties. Cash at bank and in hand Cash at bank arKI cash in hand indudes cash hek1 in current and savings a¢Unts in UK bankino institutions. It does not indude cash hekl by the stoc broke. (k) Debtors Debtor5 are included when the charity kn17WS that the furnls are due to them and the amounts can be measured or estimated reliably. Credito Creditors are recognised where the charity has a present oblYJation resulting from a past event that will probably resu in the transfer of funds to a Ihird party aThJ Ihe amount due to settle the oblpJation Can Èe measured or estimated reliably.
The League of Frlends of the Newton Abbot Hospitals Notes and Accounting Poliaes Year ended 30 April 2024 Accounting Policios Icontlnued (m) Funds stNcture Restricted fuThls - these a furKls thal are subie¢i to SFecific trusts that must be applied for specific purwses. (11) Other funds hekd by the charity arE unrestsid&J generdl funds which the Chatily may use for Ils charitable purposes at rts dL%cret*)n. 3. Donations There a no restricted donations induded in donations. Investment income 2024 2023 Income received from.. Listed investments incoff Deposit InteSt received 18.400 3,246 16,333 1,399 21,646 17.732 In 2024 8nd 2023 all investment in¢orne was unrestric11. 5. Fund raising in¢¢)me includes sales of donated goods 2024 2023 Table top sales Other 2.371 354 582 283 2.726 845 6. Cost of chaiitablo activities Note 2024 2023 Grants pahj - organisatlon Independent examiner5 fee (govemance) Sundry Dep ciation Insurance 7S,452 1,288 136 102,552 1,234 269 397 370 77,272 104,403 7. Cost of raislng funds 2024 2023 Other 172 252 No value is placed on gocrfts donated for sale at hosFylal table sales or matket sales.
The League of Friends of the Newton Abbot Hospltals Notes and Accounting Policies Year ended 30 April 2024 8. Grants Payable 2024 2023 The amounts payable in the year cornprise: To Institutions Newlon Abbot Hospltal Various grants to purchase medical equlpment for use In the hosFMtal and by connec#ed parties Other Newton Abbot communÉiy IransFort Rowcroft HO5Ce grant for PPE Dartmoor search and rescue Basic5 Devon Donatlon to Devon squa Surgery for equipment Jays Aim defibrillators for Buckjand area Buckl8nd SUery chairs Albany Stet surgery HY(CatOr Kingscare contribution new vehKle 49,900 46,621 25,000 20,000 2,150 2,300 3,900 24,250 (162) 81 2,500 75A52 102,552 Staff costs The Charity did not empby any staff during the year. 10. Tangible Flxed AsSS Equipment Cost at 1 May 2023 and 30 April 2024 3,180 Depreciatlon At 1 May 2023 Charge for year 3.180 At 30 April 2024 3,180 Net Book Value At 30 April 2024 At 30 April 2023 10
The League of Friends of the Newton Abbot Hospltsls Notes and AccountiThJ Policies Year ended 30 April 2024 11. Investments 2024 2023 Investment assets in Ihe UK: Li$tsd on a re¢ognised stock exchange: M8thet value at 1 May 2023 Net (sales) purchases in the year Realised and unalISed gains Oosses) in year Markel value at 30 April 2024 996,904 1.038,375 168.9031 76,030 {2,S90) {38,881) 1.004,031 996,904 Cash Brougm Forward Net sales l(purchases) Fees paid Funds (transferred)Iretsined 33.868 68,903 19.160) 174,735) 18,876 39,498 2,590 (9,102) 882 Carried Forward 33,868 Total 1,022,907 1,030,772 The cosl of the listed Investments (including cash) hehj at 30 April 2024 was: The investments are hehj in listed InVestnts or cash as shown above. 748,969 751.980 12. Debtors Legades 10,500 The188gue h85 been informed il is entitled to a 40% Sha of an estate. however the amount cannol be quantlfied and is thefore not induded in these accounts. 13. Credltors Independent Examlnation Grants Fundraising 1,400 26,396 1,300 40,273 79 27.796 41,652 14. Commlttee Members and Other Related Partses No Committee Member rUstee) or conne(aed persorns have receive(l any remuneration either directly or indIctly. A totsl of £88 for sundry expenses was reimbursed to three Committee Members. £172 for fundraising to one member and £397 to one comiitlee member for insurance duriNJ the year (2023 £422 for sundry expenses and £370 insuran(X io seven Cornmittee Members). At the balance sheet date nil (2023 nif) was due to trustees for expenses incurred. 15. Charitable Funds At the yoar end, there was a £46 (2022 £46) restrKled fund forthe purchase of a wice amplifier. Thi8 arose because of 8 one-off donation. AH other funds are Unreslried and are availalAe to be spent for any of the purposes of the charity. 11