FRIENDS OF D￿jE5BL1iy QUEEN
VICIORIA MEMORJAL HOSPITAL
TRUSTEES, REPORT AND FINANCIAL STATEMEwrs
FOR THE YEAR ENDED
31 DECEMBER 2020
REGISTERED CHARTfY No. 286165

FIUETrIDS OF DANESBURY AP4D QUEEN VICTORIA MEMORIAL HOSPJTAL
TRUSTEES, REPORT AND Ff%'ANCIAL STATEME
FOR TFtE IEAR ENDED 31 DECEMBER 20,
Page
Legal and administrative detsils
Report of the Trustees
Report of the Independent Examiner
Statment of Financial Activities
Balance Sheet
Statement of Cash Flows
Notes to the Financial Statements

FRIENDS OF DANESBURY AND QUEEN VICTORIA MEMORIAL HOSPITAL
LEGAL AND ADMtNISTRATIVE DETAtLS
REGISTERED CHARifY No:
286165
GOVERNING INSTIiUMENT:
Objects and Rules of Friends of
Dallcsbury th Queen Victoria
¢motial H05pitsI
PRINCIPAL ADDRESS..
Sch￿1 tane
Welwyn
Herts AL6 9SB
Barc]ays Bank PLC
WCIw)￿ Garden City
Herts AL7 1 SJ
BaTcla)s Bank PLC
Col¢bcst¢r
Ess¢x COI IDD
Unitv Trust Bank
4 BrindleyplaLe
BI 2JB
INDEPENDENT EXAMtNER
Paul Skipper FCA
HBB Audit Limited
Hatfield
HertfordslLire ALIO OSP

FRtETr4DS OF DAliESBURY AI¥D QUEEN VICTORJA MEMORLIL HOSPTtAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
The Tn]stccs present their report and financia] statrments for the year tnded 31 December 2020.
CHARJTABLE OBJEC[ AND PRINCIPAL Acrivrry
I fntroduetiott
In 2001 the Ttustees recetved permission from the Charity Commissioners to proiide financiÈl
support for all hlIS facilities Thithin the parishes of Welwyn and Kncbworth currently existing and
such other NHS ullits as may be opened to serve the satlle populatiorL
Danesbury Home aud Queen Victoria Meu]OTÉal Hospital have been SI￿a￿d on the same site since
1993. In 2003 the Friend5 of both uuits incorpoTated into one registcr&J charity. In April 21M)9
Danesbury beLame a Neurological Centre and is part of the Hertfordshire Community NTIS TTh￿L
At the EGM of 12 February 2019 the aims of the charity were ￿ldened to cxtend the geographical
scope to NTIS h05Pitals, homes. clinics and 01]￿ faciliti&s in the county of Hertfordsbire.
2 Primary Objective
The Friends coJt4nuc to provide, as thcir primary objective. prdctical and firlancial support to
Danesbury N¢urological Centre and Queen Victoria Memorial H05Pltal in Welwyn.
Dan¢8bw Neurolo￿e21 C¢ntre off¢rs a variety of ￿￿thient options ￿r adults wrytb a neurological
problern such as strok¢. Mulriple Sclcrosis. Parkinson's disease and other such conditions. The
Queen Victoria Èmemorial Hospitsl. &s part of the Hekts ComDJutiity" NHS Trust's IDtCTmediate Care
team, caters for patients who ned rchabilitstion foElowing a stay in acute hospital.
TRUSTEES AND MANAGEMENT coKMrrrEE
The TTUStees during the veaT under rw¥iew were:
MaTi8nne Hawes- ChairnMD.
Simon Whitworth- Treasu￿[
David Jubb
Julia OJiv¢r
Charles Richa￿ rcsign¢d 22 April 2020
Tony Slowe
Colin Stringer, reSi￿ed 14 Octobcr 2020
Joy Wearing
Gregory Ains¢ough, appointed I l May
2020
Secretary- Dagmar de Botto
No Trusiee received any remuneration for Se￿1¢t5 &s a TnTStee. No Trust¢¢ bad any iKneficial interest i
any eDThtract with the Clwity during the year under review. Onc third of the Tn￿teeS togetheT ￿ryth any new
ppointee gre submitted to the Anlluai GeDernl Meeting of the supporters for elcction.

FIUENDS OF DANKSBURY AND QUEEN vIcfoRIA MEMORIAL HOSPITAL
FINANCIAL REPORT
The reslllts of the ywaTe as detailed in the attached fiTwicial ststemcnts independcDtly eXa￿l￿d bychartered
accounLmts for th¢ Charlty. The fiDancial stsfctnents complv with tbe Statement of Recomtllended Practice.
Accounting and Rq)orting by C]wities and the arci)unting reA]uirements of the C]]ariWs goveming
document.
Income from our shop supplemented by don2tiorLS fimd both ￿￿J0[ expenditure for ¢quipn)ent and palienl
support costs.
As in previous years continucd financial restrdints wtthin the National Health Scr4ricE have resulted in Ihe
Friends responding to th¢ requests of the local management for the purchase of eq￿1PMent. During the year
£20.629 (2019- £20.728) hks bceD spent on such items and therapv and other patient support.
The Inc(￿ne rdised by the cbarity shop chiefly provtd&8 finaDcial stlPFrf)rt to thc facilities as defined under
the Objects and Rules ofthe Ckwity. DurÉng tILe year £38:456 (2019- £30.918) of direci c])aritable expendituTe
had been Tllade on Gapital ikms of equipment for Danesbur). NeurolooLCat Centre.
All majorpurchascs are made througb thc hlIS haNinghad their approval 9nd are ¢oveTedby safety guarantees
from the Jnanufactllrm.
Re5erYes 2nd Projected Expelldi￿re
All regerves ar¢ uDrestri¢tcd fimds aJLd the Trnstccs aim to ￿￿IllIa1￿ reserves at a level which will enable the
Clwity to respo￿d to all reasoDable requests bv DaDtsbury Neurolooical Centre and QVM Hospital for funds,
as well as setting aside fimds to cover risk associatcd witb op¢rdting thc cIwity shop. The reserves of
£205.503 carried forward as shown on the Balance Sheet coi'er committed exper￿ltUre of £i6,552 as at I"
January 2021.
Shop Management
The Trustees would lil"e to plarc on record their appreci￿[￿n of the nJAnagem¢llt of the shop and all involved
in ow charitable organisatiotL and lo 311 niembers of th¢ public for their oenerous s￿)pOrL
Risk ReiTreTr
The Management Con]ffjittee has consi(lered the extent to wbi¢h the CIMity could bc expos¢d to sigt)ificaTht
exten￿1 risks to fiJndiDg.
Internal risk asscssm¢nt is rcgularly TeweweAL particul>rly those related to the operations and financc8 of o
sbop and we are Satisfied that our monthly reporting system wryll mitigate our exposure to any rnajor risks. (￿t
of th¢ reserve8 of £205,503, £25,(X)O has set aside for this PUqM)se.
Volunteers
The administrative Costs of thc C]wity have been kept to a minitnum through the activitics of a nun]ber of
volunte¢rs. Theirinpui is commeTtdedand the Trustees a¢knoH.l¢due theiriDTraluabl¢contributionto thequality
alld su¢ccss ofilLe service tlLaÉ is provided foi the well-being ofthe patients.
The Trustees declare they have approved the Trustees. ReF¥)rt above.
Signcd on behalf of th¢ Trustees
MaTiaDne Hawes
Iq October 2021

FIUEIIWS OF DANESBURY AI¥D QUEEN VICTORJA L¥IEMORIAL HOSPITAL
REPORT OF THE 1hTIEPEN￿ESry EXAMtYER TO TUE
TRUSTEES OF FR[E)￿s OF D.4f*F.SBL]iY AliD
QUEE￿ TricfoRIA METhfORtAL HosprrAL
I repLIrt tts the th￿tee$ on my exaD]itJation of the ac¢4)unts of The Ftiends of Danesbw aud Queen Victoria MatLoIiai
Hospital {the Trnst) forthe year ended 31 Decellhber 2020. ￿hleh a￿ set out on pages 6 to 13.
ResponsibiJilie5 and basis of report
AS the charity lThstees of the Tn]5t you are responsible for the pw2rdtiOD of the acc￿￿nts in 2¢￿Edance with the
requiremernts of the Chariti&s Aci 2011('the Ad.).
I report in respect of my examinati¢)n of the Tn￿le¢.$ accounts canied out urtts section 145 of the 2011 A¢t and in
carryingout my examination I?￿efollOwed all the applicable Directions given by the Ch￿ltyc¢)mn11sS10n under section
145(5)(b) of tht 2011 Act
Independent 0￿￿￿￿￿er'S statement
have cornpleted my cAalltinatiorL I confitlll that no D￿teria] matsas have r￿me to attention iti comtection with the
an]illatioL giving llle cause to btligve that in any mat￿ial rwL
(l) ac¢oulltili8 r¢cords were not kept jn respect olthe Tft￿ as required by stttion 130 of the ACL or
{2} the accounts do Dot accord with those tt¢ords" or
(3) the accounts do Dot complyi￿1th the applic2ble requirements concerning tbe fonn and cont•]t of 2ccowIts set ollt in
the Charitics (Accounts and Reporrs) Regularions2008 otherthan any requiremeut thattht accounts givea'tru¢ and
fair view. wbich is not a coDsidered as part of all ltidepend￿ ex￿￿]nd
I have no coneerns and haye come acro&% llo other in connection with the examitiati4)n io which attention should
be drdwn tn this report in orderio eftablE a properundthaothDg of the a¢¢oullts to be rGqchcd.
Paul Skipper FCA
HBB Audit Limited
Bridge House
25 Fiddlebridge Lane
Hatfield
H¢rtfordshire
ALIOOSP
Date: 18 October 2021

FRIENDS OF DANESBURY AND QL'EEN vicfoRIA MEMORIAL HOSPITAL
ST.4TEMENf OF FIS'LNCIAL A(rnTfJES
FOR THE YE.4R ENDED 21 DECEMBER 2020
Noles
2020
2019
INCO,MING RESOURCES
Income from:
Donations
Trading Aaivities= Shop sales
Interesi receivable
Government grants
Total Ineoming Resources
5.623
49,814
761
58,921
112.364
849
172 134
REsoifRCES EXPENDED..
Expenditure on".
Cbarltable Activities
Raising fimds." Shop expenses
Other
59.085
62,198
51.646
67,479
Total Rcsourc¢5 Expended
126 111
NET tNCOMEI LXPENDITURE
FOR THE YEAR
(48,893)
46,023
Recollcili*tioJJ of funds:
Fund balances brought forwatd
at l January 2020
208 37.1
Fund balan¢cs carried foThTrrd
at 31 December 2020
205.503
254 396

FRIENDS OF DANESBURY AliD QUEEN VICTORIA MEMOIUAL HOSPITAL
BALANCE SItEET
AS AT 31 DECEMBER 2020
Notes
2020
2019
CUiiREhTT ASSETS
Accrned ittcomc
313
Cash and Bank Balances
212.898
256.913
CREDITORS: Amounls falling
due within onc year
205 503
254 396
FUNDS {UNRESTRIcfED):
205 503
254.396
The trustees fomally approved the accounts. individualty. by email. at the end o*Augu5t 2021.
11
CHAIILMAN
hl.Hawes
8 Q.DknF [2" Qcol
S.Whitworth

FRIENDS OF DANESBURY AND QUEE1% vIcroJiii MEMORL4L HOSPITAL
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2020
2020
2019
Cash froml(used} in operating actimties
{44.776)
C25h flow from investiTAg a￿1VItI<
761
849
IncrexseJ(Decre&se) in cash in year
(44,015)
44,552
Cosh at the bewning of the ye8r
212.36
Total cash at the cnd of the year
212 898
256 913

FRJETrIDS OF DANESBL'RY AND QUEEN vicfoRIA MEMORIAL HOSPITAL
NOTES TO THE FINANCIAL STAIEMEvfs FOR THE YEAR ENDED
31 DECEMBER ?020
ACCOU￿rING POLICIES
Basis of AceollNting
The accounts have b¢cn prepared under the historical cost conv¢ntion artd in accordanc¢ with the Statement of
Recommend￿ Practice". Accounting 2nd Reportillg by Charitics prepdrillg their accounts tn accordance HTrththe
Fillancial Rcwrting Standard applicable In the UK and Republic of Irelaud {FRS102) issued on 16 July 2014
and the Chariti¢s Act 2011.
The charity meets Ébe definiilon of a public b¢Defit entity set out in FRSIO2.
Voluntarv Kncozne
Donations, gift8 and inc0￿e from fvnd raising actii4ties are incknded in tbe iucome and expenditurc account
when thc chariry becomes entided to the iucome which is norn￿llY iu the ￿ll0d of receipt.
Gift Aid received is included iu the in¢onJe a￿d ¢xpenditure accouut according to the period to which it relates.
Income Icceived after deduction of tax at s0￿ce, including income received from Gift Aid is shown inclusive
of the t&K reroverable.
Goods doknated for resale in shop$
Income is included in the period in which the goods are sol(L No value is as¢Jibed io donated items in stock at
the year-end as it is considercd to b¢ impractical to do so.
Voluntary help
The charity receives very substantial a&sIsta￿e in t￿￿ forn] of voluntary help. It is not possÈble to quantify the
value of this help and it is not included in the accounts.

FRtEI¥DS OF DAI4F.SBURY QLIEN vIcfoRIA MEMORIAL HOSPITAL
NofES TO THE FtNANCtAL STATEMEYfs FOR THE YEAR ENDED
31 DECEMBER 2020
CASH AND BANK BALANCES
2020
2019
COIF Deposit
Barclays Bank:
Community Account (Home)
Community Account (Geuernt)
Business PrcTDiUm Account (HO￿¢)
Uoity Tntst Accowit (Cwtent)
United Trnst Acc4)unt (I)eposit)
Shawbrook Bank (Savings)
Mouffjouth Building Society Onv¢stment account)
TT¢asur¢ls Cash Float
147,506
12.730
$4,209
51,530
2.995
3209
16,800
85,000
10,159
85,000
673
212 898
256.913
CREDITORS.. Amounts falling due withm one year
?020
2019
Trade creditOTS
Socia] security and other taxes
Other crcthtors
1.288
4,593
Accruals
io

FIUENDS OF DLYESBURY AL¥D QLEEY vIcfoRIA MEMORIAL HOSPITAL
NOTES TO THE FINANCL4L ST.4TEMEFNJS FOR THE YEAR ENDED
31 DECEIABER 2020
NET ￿COmE FROM SHOP SALES
2020
Donated Gocmts
Expenses
Rent 8lld inSUr￿Ce
19,919
1,234
17.973
1,411
1,625
3.392
888
39.939
402
15
577
Heating* lighting and water
Shop fittings and maintenance
Refuse clearan¢c
Health and safety
Staff wages
Ind¢pcnd¢nt &xamineT'S fees
Bookkucping
Miscellancous expenses
Card paymenl charges
2.956
1,426
33.815
447
Net {LA)ss)llncome
12
84
The sh￿p lease of 4 High StrecL welw￿ w&8 ¢xtended for a fi]rther 12 Yea￿ from 24 August 2010.
One shop manager and two occasAonal assistant managexs are employed. assisted by unpaid voluntee￿.
Salcs income is derived entiT¢ly from the sale of donated goods.
BANK IwfEREST RECETVED
2020
2019
co
Barclays Business Premium Account
Unifrd TrL￿ Account
314
ShawbTook Bank Account
59
761
849

FRIE]KDS OF DAf%ESBURY AI¥D QLTEN vicfoRIA MEMORIAL HOSPJTAL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 20?0
2020
2019
Patient support for the Danesbllry and
Residents, therapy support and entefvinmeni
Special Nee(Ls computer internet
Patients, gardens
Trdnsport for patients
8,608
10,672
2,516
5.351
5,075
3.276
Capital expenditure equi¥ment:
Danesbury and QVM
30.918
Total cxp¢llditurc
ADMtNISTRATtVE EXPENSES
2020
2019
Governanee:
Salaries
I￿SUranCe
TTaiDing courses and subscriptions
Printing and stationery
Telephone and internet
Endependent examin¢rs f￿$
Bookkeeping
Wcbsile
Sundry exp¢nse8
3230
4260
557
246
488
663
402
15
180
175
318
1,197
,023
720
170
61
12

FRIEI¥IDS OF D￿￿ESBURY.￿huI QLIL) vicfoRIA MEMORIAL HOSPITAL
NOTES TO THE FfNANCtAL STATEMEKfs FOR THE YEAR ENDED
31 DECEMBER 2020
EMPLOYEE COSTS AND NUMBERS
The employee costs duTing the peTi¢)d wae a5 folk)w5:
2020
2019
Wagcs and Sa￿LeS
Social securAty costs
38.398
42237
The xvernge nwnbers of paid employees during the period s¥ere &8 follows:
2020
2019
Office staff
Shop stsff
Jn addiiion to these emplovccs thc clwity [￿elveS ￿lS￿nCe in the fomi of y0hjnl￿ help. No
rc[nUn￿&ILOll was paid to the TnLSt￿.
FEES FOR E￿￿[NATION OF AccouNrs
2020
2019
Independ¢nt ¢xaminer's fees
1,020
804
13