2025-12-31-accounts

THE FRIENDS OF WINCANTON COMMUNITY HOSPITAL CHARITY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

Charity Number	296475
Committee of Trustees
Chair	Mr Colin Mahoney
Secretary	Mr Ian Piper
Treasurer	Mrs Vivien Armson
Other Trustees	Mr C. Downton (Vice Chair)
	Mrs G Oaten
	Mr A. Chesterman
	Mrs C. Spencer
	Mr M. Spencer
	Mrs S Grimstead
	Mr S Aptakre-Davis
Examiners	Mr C Mahoney
	Mr C Downton
Bankers	National Westminster plc
	The Commons
	Shaftesbury, Dorset
	SP7 8JY

THE FRIENDS OF WINCANTON COMMUNITY HOSPITAL FINANCIAL MANAGEMENT REPORT 2025

OBJECTIVES

1. The object of the Friends shall be to relieve and benefit those members of the Community who are sick, convalescent, mentally or physically disadvantaged or infirm and, in addition, generally to support the charitable work of Wincanton Community Hospital and the work of other hospitals to which members of the Community may be referred by medical practitioners, together with local health support services.

COMMITTEE

1. The names of the Committee members at 31 December 2025 are listed on the preceding page.

INCOME

1. Fundraising income has increased by £1987 during this financial year. This is primarily attributable to the Spring Garden Party. Other fund raising events produced slightly higher profits than previous years.

2. Income from donations has increased by £4026 to £10,041 this year. This line of income cannot be influenced and is subject to fluctuation.

3. The interest from COIF Deposit Account has remained constant at approx. 4.1% during the year, and in line with market rates. The investment continues to give a good return. The trustees took the decision in Q3, 2024 to transfer cash from the current account into a new Liquidity Manager Savings account where it is earning monthly interest at approx 3.26%.

EXPENDITURE

1. Community support. We have been able to give funding to the CAT bus which has helped them to continue the service supplied to our community.

2. Wincanton Community Hospital has again benefited from expenditure on several white goods items which help daily operational needs.

3. We have been working closely with WCH NHS services and purchased equipment that will allow our hospital to provide more outpatient services to our community. During the year 2025, we purchased equipment totalling £12453, an increase of £7128 over 2024 expenditure. The larger items purchased included a Fractional Exhaled Nitric Oxide machine for respiratory services, and 3 Configura Solus Rise/Recline Chairs which assist with transporting patients around the hospital and to external appointments.

FUTURE PLANNING

The majority of the funds will remain in the Liquidity Management Savings account and the deposit account at the COIF where we believe the funds should gain a good return. With the current fluctuations of the Investment Market this, we believe will be the best option.

We now have, and will continue to have quarterly meetings with the Matron and her Senior staff to ensure that the funds raised by The Friends of Wincanton Community Hospital are spent on events, equipment, and needs that are in the best interests of the hospital, the staff and patients.

During 2026, we aim to continue our good working relationship with our local health centre. We will also work with Somerset NHS Senior Management Team to understand how WCH can be included in the strategic direction and plans for Somerset NHS Trust.

Respective Responsibilities of Trustees and Examiners

The Charity’s Trustees are responsible for the preparation of the accounts. In accordance with section 144(2) of the Charities Act 2011, no independent audit examination is required as the income is below the minimum threshold.

It has been agreed by the committee that two trustees will verify the accuracy of the accounts.

The two trustees nominated are Mr C Mahoney and Mr C Downton.

Mr C Mahoney Mr C Downton

Chairman Deputy Chairman

DATE: __ DATE __

Balance Sheet

	Previous Year	Current Year
	2024	2025
Current Assets	346709	361345
Fixed Assets	0	0
Other Assets	0	0
Current Liabilities	0	0
Long-term Liabilities	0	0
Owner Equity	0	0
Total Assets	346709	361345
Balance	346709	361345

Asset Breakdown	Description	Previous	Current
		Year 2024	Year 2025
Current Assets	Cash	31949	33408
Current Assets	Investments	300542	314759
Current Assets	Inventories	0	0
Current Assets	Accounts receivable	0	0
Current Assets	Pre-paid expenses	0	0
Fixed Assets	Property and equipment	0	0
Fixed Assets	Leasehold improvements	0	0
Fixed Assets	Interest	14218	13178

Fixed Assets	Less accumulated	0	0
	depreciation (Negative
	Value)
Other Assets	Charity	0	0
Total Assets		346709	361345
Liability Breakdown		2024	2025
Liability Type	Description	Previous	Current
		Year	Year
Current Liabilities	Accounts payable	0	0
Current Liabilities	Accrued wages	0	0
Current Liabilities	Accrued compensation	0	0
Current Liabilities	Income tax payable	0	0
Current Liabilities	Unearned revenue	0	0
Long-term Liabilities	Mortgage payable	0	0
Owner Equity	Investment capital	0	0
Owner Equity	Accumulated retained
	earnings
Total Liabilities &		0	0
Stockholder Equity

Profit and Loss

Friends of Wincanton Community Hospital
Accounting Year 2025
	Debit	Credit
Turnover		24082
Collection boxes		616
Donations		10041
Membership		670
Fundraising		12754

Sales Legacy

Interest

13178

Less Cost of Sales
Materials	200
Gross profit	37059
Less Tax-Disallowable Admin Expenses	22948
Community Expenditure	110
Hospital Equipment	12453
Plants	1496
Fund raising expenditure	3364
Stationery	36
Postage	185
Charitable Donations	5125
Insurance	179
Operating Profit	14111
_Less_Drawings	0
_Less_Profit & Loss journal entries	0
Retained Profit this period:	14111
Retained Profit brought forward:	3905
Distributable Reserves / Retained Profit carried	17816
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