## **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** 2. The names of the Committee members at 31 December 2025 are listed on the preceding page. ## **INCOME** 3. 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. 4. Income from donations has increased by £4026 to £10,041 this year. This line of income cannot be influenced and is subject to fluctuation. 5. 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** 6. 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. 7. Wincanton Community Hospital has again benefited from expenditure on several white goods items which help daily operational needs. 8. 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**| |**forward:**||