WELSHPOOL HOSPITAL LEAGUE OF FRIENDS
ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
Registered Charity: 500809
WELSHPOOL HOSPITAL LEAGUE OF FRIENDS THE TRUSTEES' ANNUAL REPORT
FOR THE YEAR ENDED 31ST MARCH 2023
The League was established on 17th March 1970 and is a registered Charity (Number 500809)
It was established to help the patients and charitable works of the local hospital.
The League does not have any employees nor does it engage professional fund-raisers.
Bankers and Investors
Lloyds TSB, Barclays Bank PLC (formerly Standard Life), CCLA Investment Management and CAF Bank
Accountants
Cadwallader & Co LLP, Chartered Accountants Eagle House, 25 Severn Street Welshpool, Powys, SY21 7AD
Trustees:
Paul Ingram Francesca Jump John Burns Pam Owen MBE
| Officers: | ||
|---|---|---|
| President | Pam Owen MBE | |
| Vice President | Mary Evans | |
| Chairperson | Estelle Bleivas | |
| Secretary | Frances Grassi | |
| Treasurer | Paul Ingram | |
| Members: | ||
| Estelle Bleivas | Ida Hughes | Wendy Williams |
| John Burns | Lyn Jenkins | Eirys Windsor |
| Maureen Burns | Sylvia Jones | Susan Usmar |
| Margaret Carey | Sue Williams | Hazel Evans |
| Pat Evans | Francesca Jump | Derek Simms |
| Glenys Finney | Margaret Morris | Frances Grassi |
| Kathleen Fisher | Sheila Pickstock | Yvonne Williams |
| Cynthia Harvey | Ruth Price | Mary Evans |
| Joyce Herbert | Linda Rowlands | Pam Owen |
| Judith Hope | Maggie Townsend | Paul Ingram |
The League holds formal meetings on a regular basis and also organises fund-raising events.
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS
The activities of the League during the year are noted in detail in the attached Accounts and the League is especially proud of the fact that, due to the willingness of its members, its expenditure on fund-raising is almost negligible.
The notes of these Accounts show the help given to the patients and the general delivery of the charitable works of the hospital. Liaison continues with Powys Teaching Health Board regarding the effective and prudent exercise and delivery of the objects of the Charity.
The League is the beneficiary of two estates, the administration of which is not complete, due to delays in the related property sales.
Trustees' Responsibilities for the Financial Statements:
Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to:-
-
select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
– state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
– prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and which enable them to ensure that the financial statements comply with Section 132 of the Charities Act 2011. They 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.
…………………………………………………. Estelle Bleivas Chairperson 23rd May 2023
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INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF WELSHPOOL HOSPITAL LEAGUE OF FRIENDS
We report on the accounts of the League for the Year ended 31st March 2023, which are set out on pages 4 to 8.
Respective Responsibilities of Members of the League and Examiner
As members of the League, you are responsible for the preparation of the accounts; you consider that an audit is not required under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed. It is our responsibility to:-
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Examine the accounts under section 145 of the 2011 Act
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To follow the procedures laid down in the general directions given by the Charity Commission under
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section 145(5)b of the Act 2011; and
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To state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by The League and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as members of the League concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limit to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention.
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(1) which gives us reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the Act 2011 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act.
have not been met; or
(2) to which in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Cadwallader & Co LLP, Chartered Accountants 25 Severn Street Welshpool Powys SY21 7AD
23rd May 2023
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023
| INCOME AND EXPENDITURE Notes Income Resources: Royalties, Bequests and Donations 2 Fund-Raising Appeals 3 Investment Income 4 Total Income Resources Expended: Direct Charitable Expenditure 5 Fund-Raising 6 Management and Administration 7 Total Expenditure Net Incoming Resources/(Deficit) for the Year General Funds Brought Forward General Funds Carried Forward 11 |
2023 Total Funds 42,631 143 3,550 46,324 30,162 54 1,549 31,765 14,559 947,975 962,534 |
2022 Total Funds 295,890 - 115 |
|---|---|---|
| 296,005 | ||
| 144,236 80 1,158 |
||
| 145,474 | ||
| 150,531 797,444 |
||
| 947,975 |
The notes on pages 6 to 8 form an integral part of these accounts.
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS BALANCE SHEET AS AT 31ST MARCH 2023
| Notes FIXED ASSETS Investments 8 CURRENT ASSETS Debtors and Prepayments 9 Cash at Bankers CREDITORS Amounts falling due within one year 10 TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS General Funds 11 |
NIL 962,551 |
2023 343 962,551 360 962,534 962,534 962,534 |
689 947,303 |
2022 343 947,992 360 |
|---|---|---|---|---|
| 947,975 | ||||
| 947,975 | ||||
| 947,975 |
Approved by the Trustees on 23rd May 2023 and signed on their behalf :-
………………………………………………….
Paul Ingram Treasurer
The notes on pages 6 to 8 form an integral part of these accounts.
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
1. ACCOUNTING POLICIES
Basis of Accounting
The statement of accounts have been prepared in accordance with the provisions of the Charities Act 2011, the Statement of Recommended Practice Accounting by Charities and applicable accounting standards.
Income
Donations and legacies are accounted for when received by the Association. Other income accounted for on an accruals basis as far as it is prudent to do so. Income includes income tax recoverable.
Gifts in Kind
The charity received the benefit of work carried out by volunteers without charge. No value is placed on these items.
Taxation
As a registered charity, the League is generally exempt from Income Tax and Capital Gains Tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Investments
Realised gains and losses are taken to the Income and Expenditure account. Investment income has been taken into account on the basis of the due date of payment.
| 2. ROYALTIES, BEQUESTS AND DONATIONS Barclays Match funding In Memory Donations 3. FUND RAISING APPEALS Paypal - Giving Aid Coffee Mornings Royalties General Donations Legacies & Bequests |
2023 2022 207 245 36,348 291,490 1,667 2,110 - - 4,409 2,045 |
|
|---|---|---|
| 42,631 295,890 2023 2022 54 - 89 - |
||
| 143 - |
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
| 4. INVESTMENT INCOME Interest Received - CCLA Investment Management Barclays Dividends Received - Lloyds Banking Group 5. DIRECT CHARITABLE EXPENDITURE Purchase of Medical Equipment 2 x Madison Chairs Recliner Chair - Occupational Therapy Portable Headlight and Kit Defibrillator Microwave & Toaster Christmas Presents Garden Painting and Materials 12 TV's and wall mounts Contribution to W'pool Palliative Care Suite 6. FUNDRAISING EXPENDITURE Room Hire |
2023 2022 3,005 72 510 23 |
|---|---|
| 3,515 95 35 20 |
|
| 3,550 115 |
|
| 4,530 3,730 4,043 1,848 131 223 533 - 4,236 |
|
| 15,038 4,236 15,124 140,000 |
|
| 30,162 144,236 |
|
| 54 80 |
|
| 54 80 |
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
| 7. | MANAGEMENT AND ADMINISTRATION | 2023 | 2022 | ||
|---|---|---|---|---|---|
| Attend/Relate: Subscription and Insurance | 689 | 645 | |||
| Officers' Expenses and Travel Costs | 26 | 57 | |||
| Acrylic Sign and Stand | 360 | ||||
| Independent Examiner's Fee | 474 | 456 | |||
| 1,549 | 1,158 | ||||
| 8. | FIXED ASSETS INVESTMENTS | ||||
| The League is the Registered Holder of 1621 Ordinary 25p shares in Lloyds Banking Group plc, | the market | ||||
| value of which on 31st March 2023 was £773. The original holding was acquired at £NIL cost on the | |||||
| demutualisation of the Halifax Building Society and a further 928 shares were acquired during the | year ended | ||||
| 31st March 2010 via a rights issue at a cost of £343. | |||||
| Market Value | Listed Investments | ||||
| At 31st March 2022 - 1621 Ordinary 25p Shares in Lloyds | £ | 763 |
|||
| Banking Group plc. | |||||
| At 31st March 2023 - 1621 Ordinary 25p Shares in Lloyds | £ | 773 |
|||
| Banking Group plc. | |||||
| 9. | DEBTORS AND PREPAYMENTS | 2023 | 2022 | ||
| Prepayments | NIL | 689 | |||
| 10. | CREDITORS: Amounts falling due within one year | ||||
| Accountancy Fees | £ | 360 |
£ | 360 |
|
| 11. | GENERAL FUNDS | Total Funds | Total Funds | ||
| 2023 | 2022 | ||||
| At 31st March 2022 | 947,975 | 797,444 | |||
| Income Resources for the Year | 46,324 | 296,005 | |||
| Outgoing Resources for the Year | (31,765) | (145,474) | |||
| At 31st March 2023 | £ | 962,534 |
£ | 947,975 |
|
| Net Current Assets | £ | 962,534 |
£ | 947,975 |
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS SCHEDULE OF BEQUESTS AND GENERAL DONATIONS FOR THE YEAR ENDED 31ST MARCH 2023
| ROYALTIES ITV Artistes BEQUESTS LEGACIES Michael Rogers Eleanor Lewis GENERAL DONATIONS Welshpool Domino League Welshpool Congregational Chapel Donations - anon Charity Box Collections Donation - M Walker Donation - ME & RA Poston Donation - Miss ME Edwards |
207 |
|---|---|
| 207 | |
| 7,368 28,980 |
|
| 36,348 | |
| 168 40 1038 21 150 50 200 |
|
| 1667 |
This page does not form part of the statutory accounts.
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WELSHPOOL HOSPITAL LEAGUE OF FRIENDS SCHEDULE OF IN MEMORY DONATIONS FOR THE YEAR ENDED 31ST MARCH 2023
| DONATIONS IN MEMORY OF: | £ | |
|---|---|---|
| IMO Don Knight | 500 | |
| IMO Diana W Davies | 1000 | |
| IMO Derrick Groombridge | 195 | |
| IMO John M Davies | 1630 | |
| IMO Thomas K Davies | 400 | |
| IMO Olwen H Jones | 195 | |
| IMO Edward R Lewis | 489 |
4409
This page does not form part of the statutory accounts.
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