Friends of Victoria Hospital Wimborne Annual Report and Financial Statements Year Ended 31 March 2025 Charity registration number.. 299230 Friends of Victoria Hospital Wimborne Contents (continued) Reference and Administrative Details Trustees, Report 2to5 Slalement of Trustees, Responsibilities Independent Auditors, Report 71010 Statement of Financi81 Activities Balance Sheet 12 Cash Flow Statement 13 Notes to the Financial Statements 141022 Friends of Victoria Hospital Wimborne Reference and Administrative Details Trustees Mr Colin Davidson Dr David Dickson Mr Lee Hardy Mr Jeff Hart Mrs Linda Hollingbery Mrs Jenny Leeder Dr David Pope Mrs Sharon Powell Mrs Sue Saddler Mrs Anne Salter Charity Rggistration Numbar 299230 Principal Office Victoria Hospital Victoria Road Wimborne BH21 1ER Auditor Francis Clark LLP Chartered Accountants and Statutory Auditors Towngate House 24 Parkstone Road Poole Dorset BH15 2PW Bankers Barclays Bank pl Bridgewaler House Counterslip Bristol BS1 6BX Page 1 Friends of Victoria Hospital Wimborne Trustees, Report The trustees present their report along with the financial statement of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with Statement of Recommended Practi￿ applicable to Charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland. Ob ectives and activities for the ublic benefit "SupKlOrting Wimbome Hospital lo provide excellent care Our vision is lo improve healthca￿ for local people by working in partnership with all health and associated servi￿$ lo achieve the very best care al Wimborne Hospital. Our purpose is that we fundraise and allocate resources lo support the delivery of firsl-class health services al Wimbome Hospital. All our activities support this NHS hospital's work, a service of care which is available equally lo all members of the local community. All this is demonstrably for the public benefit. kin Funding is considered for projects providing they meet the followng criteria which are to.. To supplement the services provided for the health, welfare and comfort of all patients at the hospital and other persons in the community by the provision of facilities, buildings, equipment and staff (both paid and volunlaryl To provide or procure the provision of the training and professional development of hospital staff To recruit and lo assist in the recruitment of voluntary workers in and for the hospital or for any activity of The Friends To promote, encourage, foster and maintain public interest in and support for the hospital To raise funds {bul not by means of taxable trading). The hospital management initiates requests for grants. The Friends have a clear pathway for grant requests with the hospital management, who provide a sound business case confirming that the equipment or services meets an agreed need and will be used for regular beneficial use. Ob ectives for 2024-2025.. Support fund raising for the benefit of the charity Provide an information channel to our members and the public Liaise with the Dorsel Healthcare NHS Trust over services and developments at the hospital Act as an advocate for community opinion on local healthcare Fund staff training through a ring fenced budget Fund the acquisition of equipment and capital developments Administer the Friends, charity Shop Support hospital staff and our volunteers Liaison with Dorsel Healthcare NHS Trust Meetings were held both electronically and in person with senior managers of Dorset Healthcare Trust and partner health organizations across Dorsel to discuss the services provided at the hosprfcal. The Locality Manager and Hospital Matron were in regular contact with the Trustees, Committee. Page 2 Friends of Victoria Hospital Wimborne Trustees, Report (continued) Grants for E ment and Services The charity was able to fund additional projerts al the hospital. . £96,000 paid for improvements to the Ultrasound Department £14,000 funded higher specification gynecological theatre equipment Commissioned a Breathless Service provided by Lewis Manning al the hospital, £14,500 Commissioned Creative Support for Patients as provided by Salisbury Hospital £15,000 Chari Sho The Charity Shop is self-fLJnding with limited profit at the end of each year. The shop however makes a valuable contribution lo public awareness in the town. The shop has the only paid persons within the charity with two part lime staff,. all other work is carried out by Volunteers. Flnanclal Revlew Resetves Polic The Commillee's policy is lo keep funds to a minimum of £100,000 accessible for fixed costs. Undesignaled and unrestricted funds lotslled £4,577,322 at Ihe year end. (Please refer to the Plans for the Future.) We do not currently have any designated or restricted funds. The charity reacts to the hospital's requests for funding, and these in turn respond to changing healthcare policies. The Friends remain poised lo support developments or initiatives which improve the care and facilities of the hospital, and our reserves are maintained to enable a response lo a wide range of costs. The security of our funds is the Iruslees, lop priority. Alemalive financial arrangements are kept under constant review,. our cash deposits are held with several different providers and some are within the £85,000 guarantee limit. In readiness for large agreed expenditure, we have held all our assets in cash deposits to help minimise the risk to the funds. Bud elin The Friends, expenditure on major items follows the hospital's requirements. This is outside the direct control of the Friends, so not susceptible lo standard budgeting. In the year 24-25 we mel all demands on our resources and continue to budget in consultation with Dorsel Healthcare for major projects. These included an upgrade of the Ultrasound department and the continuation of commissioned services for activities to support re-habilitation and Breathlessness Services. Risk Mana emenl The charity Iruslees considered the risks lo which the charity is exposed, reviewed those risks and established systems and prO￿dureS to manage them. They did not identify any major risks. The mosl serious risk lo Ihe charills objectives would be policy changes al various levels of govemmenl and healthcare reorganizalion which could lead lo Ihe closure lor radical downgrading) of the hospital. We cannol influence decisions al governmental level, but do exert pressure where appropriate on the local healthcare trust. Secondly the failure of financial institutions could threaten our capital funds. We diversify our deposits and select counterparties with care, thus minimizing risk as far as feasible. Consideration was given to reducing the risk around trustee roles and sUc￿Ssion planning, one new trustee was appointed during the year. Page 3 Friends of Victoria Hospital Wimborne Trustees, Report (continued) Online resence and communications= The Friends, website is used by members and visitors lo communicate with the charity, inform themselves about it or make single or regular donations. Our website is securely hosted an passworded. We publish a newsletter twice a year which is sent to all members and widely available locally. The Friends also have a Facebook page which invites public support, recruits new members and promotes our events, maximizing our contact with local people. Goin Concern.. There is currently no uncertainty about the charity's quality as a going concern. The Friends, function on minimal running costs and own no property nor have any ongoing commitments. The Iruslee officers are all volunteers and receive no remuneration. The two managers in the Charity Shop are paid from the Shop's operational funds. Our charity enjoys enduring local support. This last element most significantly ensures the future of the charity. Sources of Income Whilst legacies continue lo be a valuable Sour￿ of income the interest from savings has been the greatest producer of income this year. The Shop surplus and members. subscriptions provide a regular and significant income which can be roughly predicted. Donations and legacies in particular are entirely unpredictable but are most gratefully received. Volunteers With the exception of the two part-lime staff, all trustees and personnel who worked for the FVHW did so as volunteers. They contribute over 6,500 man-hours to the charity over a typical year. Their contribution is indispensable to both the daily running and special events of the Friends and is most warmly appreciated. The Friends are a Society which is a registered charity (Number 2992301 and whose business is conducted and managed by ils Committee of Trustees. The charity is governed by rules adopted in 1950, as amended 20 June 1959, 27 June 1990 and 24 June 1992. A revised Constitution was approved and updated in 2021. We continued to work on the priorities outlined in our 5 year strategy. We appointed one new trustee. New trustees are given an induction when they start undertaking their responsibilities. The committee has the power lo appoint new trustees as vacancies arise and gives due regard to any specialist skills required at that lime. Page 4 Friends of Victoria Hospital Wimborne Trustees, Report (continued) Reference and admlnlstratlve detalls The charity's name is Friends of Victoria Hospital Wimborne. Its charity registration number is 299230. Ils office is al.. Victoria Hospital, Victoria Road. Wimbome, Dorset. BH21 1 ER One new trustee joined during the year. The Iruslees, names are listed without ex￿ptIOn below= Presidenl.. Dr David Pope Chairman.. Mrs Anne Salter Secretary.. Mrs Sue Saddler Treasurer.. Mrs Jennifer Leeder Dr Colin Davidson Dr David Dickson Mrs Melanie Fawcett (resigned De￿mber 20241 Mr Lee Hardy Mr Jeff Hart Mrs Sharon Powell Mr Nigel Taylor {resigned August 20241 Mrs Linda Hollingbery lappoinled October 20241 on￿ the Car Park seheme has been completed, the Friends will focus on the next project which will be lo support improvements lo the Physiotherapy and Minor Injuries Unit. This is expected to cost in the region of £2.5m bul could result in being in excess of this figure. Our strategy identifies five aims 1. Capital Developments.. work with Dorsel Healthcare to enable upgrading of facilities whether with equipment, refurtiishment or acquisition of land. 2. Workforce support.. build on co-operative ventures. helping staff and nurturing strong relationships 3. Volunteering.. actively seek additional trustees with the skill sets needed lo support the work of the Friends. 4. Partnership working.. liaise more closely with Dorsel Healthcare, bul also with the Primary Care Network, other Friends bodies and health organisalions within the Integrated Care System. 5. Finance and Risk." keep probity arrangements strong,. more informal meetings for Iruslees. The annual report was approved by the Iruslees of tha p.hArity on 2.9...Q.?...KS and si9ned on its behalf by.. Mrs Anne Salter Trustee Page 5 Friends of Victoria Hospital Wimborne Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable lo charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP., make judgements and eslimales that are reasonable and prudent., stale whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charities {Accounts and Reports) Regulations 2008, and Ihe provisions of the constitution. The Iruslees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Iruslees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companvs website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ApDroved by the trustees of the rharily on2.q: 07...Ig and Sl9nèd on it- bchglf by: Mrs Anne Salter Trustee Page fj Friends of Victoria Hospital Wimborne Independent Auditor's Report to the Members of Friends of Victoria Hospital Wimborne Opinion We have audited the financial statements of Friends of Victoria Hospital Wimbome Ilhe 'charily'} for the year ended 31 March 2025, which comprise the Stslemenl of Financial Aclivilies, Balan￿ Sheet, Cash Flow Stslemenl, and Notes lo the Financial Slalemenls, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. and applicable law (United Kingdom Generally A¢￿PIed Accounting Practi￿1. In our opinion the financial statements.. give a true and fair view of the stale of the charity's affairs as al 31 March 2025 and of ils incoming resources and application of resources, including ils income and expenditure, for the year then ended., have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Charities Act 2011. Basls for oplnlon We conducted our audit in accordance with Intemalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on Ihe work we have performed, we have not identified any material uncertainties relating to events or conditions Ihal, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial slalemenls were aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other infomiation The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and OLJr auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except lo the exlenl otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Page 7 Friends of Victoria Hospital Wimborne Independent Auditor's Report to the Members of Friends of Victoria Hospital Wimborne (continued) In connection with our audit of the financial slatemenls, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misslalements, we are required to determine whether there is a material misstatement in the financial statements or a material misslatemenl of the other information. If, based on the work we have performed, we conclude that there is a material misslatemenl of this other information. we are required to report that fact. We have nothing lo report in this regard. Matters on which we are rgquirgd to report by exception In the light of our knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified material misslatemenls in the Trustees, Report. We have nothing lo report in respect of the following matters where the Charities (Accounts an Report) Regulations 2008 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us., or the financial slalemenls are not in agreement with the accounting records and returns,. or certain disclosures of trustees remuneration specified by law are not made., or we have not received all the infomalion and explanations we ￿qUIre for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities Isel out on page 61, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for SLJch internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial slatemenls. the Iruslees are responsible for assessing the charity's ability lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative bul lo do so. Auditor Responsibilitigs for the audit of thg financial statgmgnts Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assuran￿ is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detecl a material misslatemenl when il exists. Misslalements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of Ihese financial slalemenls. A further description of our responsibilities is available on the Financial Reporting Council's website al.. www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Page 8 Friends of Victoria Hospital Wimborne Independent Auditor's Report to the Members of Friends of Victoria Hospital Wimborne (continued) Irregularities, including fraud, are instanTrs of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to dete¢l material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of delecling irregularities, including fraud is detailed below.. As part of our audit planning we obtained an understanding of the legal and regulatory framework that is applicable lo the Friends of Victoria Hospital charity. We gained an understanding of the Friends of Victoria Hospital charity and the sector in which the charity operates as part of this assessment lo identify the key laws and regulations affecting the charity. As part of this, we reviewed the charity s website for an indication of any regulations in place and discussed these with the relevant individuals responsible for compliance. The key regulations we identified were charity legislation, employment law and breaches of The General Data Protection Regulation I"GDPR"}. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Act 2011 and Charities SORP - FRS 102. Vve discussed with management how the compliance with these laws and regulations is monitored and discussed policies and procedures in place. We also identified the individuals who have responsibility for ensuring that the Charity complies with laws and regulations and deals with reporting any issues if they arise. As part of our planning pro￿dure$, we assessed the risk of any non-compliance with laws and regulations on the Charity's ability lo continue trading and the risk of material misslalemenl lo the accounts. Based on this understsnding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved the following.. Enquiries of management and trustees regarding their knowledge of any non-compliance with laws and regulations that could affect the financial statements. As part of these enquiries we also discussed with management whether there have been any known Instan￿$, allegations or suspicions of fraud. Reviewed filings with the Charity Commission and whether there were any serious incident reports made during the year. Review of the GDPR policy and enquiries to management as lo the occurrence of any reportable breaches. Reviewed legal and professional costs to identify any possible non-compliance or legal costs in respect of non-compliance. Reviewed Board minutes. Audited the risk of management override of controls, including through lesling joumal entries and other adjustments for appropriateness. Reviewed estimates and judgements made in the accounts for any indication of bias. Reviewed legacies documentation lo ensure all accrued income was not materially misstated. Page 9 Friends of Victoria Hospital Wimborne Independent Auditor's Report to the Members of Friends of Victoria Hospital Wimborne (continued) Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading lo a material misstatement in the financial stslemenls. The risk of not detecting a material misstalemenl due lo fraLJd is higher than the risk of not delecling one resulting from error, as fraud may involve deliberate omissions, collusion, forgery, misrepresentations, or the override of internal controls. We are also less likely to become aware of instances of non-compliance with laws and regulations that are not closely related lo events and transactions reflected in the financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibililies. This description fom)s part of our auditor's report. Use of our report This report is made solely lo the charity trustees, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our work has been undertaken so that we might slate lo the Iruslees those matters we are required to slate lo Iruslees in an auditors. report and for no olher purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charity and ils trustees as a body, for our audit work, for this report, or for the opinions we have formed. Cla LLP. (Senior Slalutory Audilorl Francis Clark LLP, Statutory Auditor Towngale House 2-8 Parkslone Road Poole Dorsel BH15 2PW Date.. 20 August 2025 Francis Clark LLP is eligible for appointment as auditor of the charity by virtue of ils eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. P8ge 10 Friends of Victoria Hospital Wimborne Statement of Financial Activities Year Ended 31 March 2025 (Including Income and Expenditure Account) Unrestricted funds Total 2025 Total 2024 Notg Incomg and Endowments from: Donations and legacies Other trading activities Investment income 62,722 67,461 178,161 62,722 67,461 178,161 113,736 65,520 224,904 Total Income 308,344 308,344 404,160 Expenditure on: Raising funds Charitable adivities 13,6421 126,066 13,6421 126,066 12.3441 1,765.746 Total Expenditure Gainsllosses on investment assets 129,708 1761 129,708 1761 1,768,090 Other recognised gains and losses Net movement in funds 178,560 178,560 11,363,930) Rgconciliation of funds Total funds brought forward 4,398,762 4,398,762 5,762,692 Total funds carried forward 16 4,577,322 4,577,322 4,398,762 Al of the charity's activities derive from continuing operations during the above two periods. The notes on pages 14 to 22 form an integral part of these financial statements. P8ge11 Friends of Victoria Hospital Wimborne Balance Sheet 31 March 2025 2025 2024 Note Current assets Stocks Debtors Investments Cash at bank and in hand 1,125 29,812 7,379 4,581,518 132 79,213 7,455 4,439,459 12 13 4,619,834 4,526,259 Creditors- Amounts falling due within one year Net assets 14 142,5121 4,577,322 1127,4971 4,398,762 Funds ofthe charity: Unrestrictgd income funds Unrestrirted funds 4,577,322 4,398,762 Total funds 16 4,577,322 4,398,762 The flnanci81 slalèmenls on pages 11 10 22 wer9 approve¢J by the trusteg$. and aulhorisèd for iSSLbg on .Jk...*..2Si and 8ign•d on their behalf by.. Mrs Anne Salter Trustee The notes on pages 14 to 22 form an integral part of these financial statements. P8ge 12 Friends of Victoria Hospital Wimborne Cash Flow Statement Year Ended 31 March 2025 2025 2024 Note Cash flows from operatlng actlvltles Net cash incomellexpendilure} 178,560 11,363,930) Adjustments to cash flows from non