LEAC.UE OF fj'IULPIDS OD. THE VICTORIA MEMORLIL HOSPI I'AL WEiSHPOOL
ANNUAL REPORT AND ACCOUN'rs
FOR THE YEAR ENDED 31ST MARCH 2025
Re8i5tered CILarity.' 500809

LEAGUE OF F
DS OF THE VICTORiA MEMORIAL HOSPITAL WELSHPOOL
THE TRUSTEES, AIYNUAL REPORT
FOR THX YEAR ENDED 31ST MARCH 2025
Th¢ L¢agu¢ was ¢stablish¢d on 17th March 1970 and is a regisiered Charity (Number 500809)
It wa5 established to help the patients tfftd ch&ritable works of the local hospital.
The League does not have any employees nor does IÈ engag¢ prof¢ssional futsd_raisers.
The Trustecs have paid due regard to the guidance issued by The Charity Commission in deciding w'hat activities the charity
should undertake.
Bankers and Investors
Lloyds TSB, Barclays Bank PLC (fonDcriy Stslldard Life),
CCLA Investment Management and CAF Bank
Accountants
Cadwallader & Co LLP. Chartered Accountant5
Eagl¢ House. 25 Severn Street
Welshpool. Powys, SY217AD
Trllstees:
Pam Owen ￿rBE
Derek Simms
Sue Usmar
Frances Grassi
Officers:
President
Vice President
Chaio)erson
Vice Cbair
Sccretary
TTcasuTer
Treasur¢r
Pam Owen MBE
Mary Evans
Sue Usmar
Derek Simms
Frances Grassi
Paul Ingrdm (Resigncd 26th Sept 2024)
Carol Stranks (Appointcd 26th Sq)t 2024)
Membcrs:
Glyllis Allen
Jean Be￿h
Val EdwaTds
Helell Eakins
Dave Eakins
Helen Evans
Mary Evans
Kathleen Fisber
Angela Foale
Frances Grassi
Peter G￿s1
Jall¢ HughLS
Cary Hughes
Sylvia Jone5
Kim Lloyd
Pam Owen
Sheila Pickstock
Rutll Price
Linda Rowlands
Heath¢r Sherlock
D¢T¢k Simm5
Carol Stranks
Maggie Townsend
Sue Usin
SUL Willi4un8
Wclldy Williallts
The ttague holds fonnal meetings on a regul&r bagis and also organises fuTJd-raising etrtnts.

tP4DEPENDENT EXAMINER'S REPORT TO THE MEJKBERS OF
LEAGUE OF FRIENDS O
E VICTOIUA MEMORIAL HOSPITAL WE
We report on the accounts of the League for the Year ended 3 1st March 2025, which are set out on pages 4 10 8.
Respedive Responsibilities of Nlembers the L¢agu¢ 4nd Examiner
As members of the League, you are responsible for the preparation of ihe accounls- you consider that an audit is not required
under section 14412) of the CFJaTities A¢1 2011 (tbe Act) olld tbai independent examination is needed.
It is our responsibility to'.-
Exarnine the ac(-OUnts under gection 145 of the 201 l Act
To follow the procedures laid doivn in the general dtrections givcn by the Charity CoJ)]mission under section
145(5)b of the Aci 201 I. and
To state whether particular matt¢rs bave come to our attention.
Basis of lftdependeni Examinerls Report
Our examination was canied oui in accordance witb the General DirectiODS given by the Charity Commissioners. An
examination includes a revivw of the accouniing records kept by The League and a compatisoD ofthe accounts preqented witb
those records. It also includes consideralion of any unusual items or dis¢losur¢s in th¢ a¢counls, and seeling explanations fTom
you as members of the League concerning any suGh Matters. The pro¢edur¢s undertaken do not provide all the eviden¢e that
would be r¢quired in an audi4 atld c(TrDs¢quentl}' we do not express an audit, and consequently no opinion is given as to
whether th¢ accounts pres¢nt a tru¢ and fair ajkd the repon is limit io those matters set our in the statcnient below.
Independtnt Ex#miDer's Statement
In connection with our ex￿nInatiOn, no mattel has corne to our att¢nlion.
(l) which giTres us reasonable Lause to believe that in any Lnaterial respect tbe requirements
to keep accounting records in accordance with se￿10n 130 of the Act ?01 l Act" and
to prepare accounts which accord with the accounting records and to comply with the
aLCOlmting requirements of the 2011 ALt.
have not been met. or
(2) to MrhiLh in our opinion. alleniion Should be drawn in ordeT ti) enable a prupcr underblanding of the aLLounty to be
reached.
Cadwa118der & Co LLP, Chartered Accountants
25 S¢i'ern Slieet
Welsbpool
Powys
SY217AD

LEAGUE OF FRiETrIDS OF THE VICTORiA MEMORtAL HOSPITAL WELSIiPOOL
The actii4ties of the League thiring tbe year are noted in detail in the attached Accounts and rhe Lea8ue is especially proud of
the fact tjwt, due to the willingttess of its mernbers. its expendittlre on fvnd-raising is almost negligible.
The notes of these Accounis show the help given to the patienis attd the general delivery of the charitable WO￿ of the hospital.
Liaison ¢ontinu¢s with Powys Teachi￿ Health Board regardittg the effective and prudcllt exercisc and delivery of the objects
of tb¢ Cbarity.
The League As the beneficiary of two estates. the administration of which is nol Gomplete. due to delays ill the related property
sales.
inancial Revie
'unding ¢omes from a number of individual donors. legacies and fundraising. A large legacy? initially advised
in 2020, has been giiien and the League has b¢¢ii able to negotiate with the Powys Health Board to build a staff dining
room extension for th¢ benefit of staff dnd to this build completed in Dec 2025, otber areas ill the hospital can noiv
be used for the benefit of patient5 r¢habili¢ation. £300,000 has br¢n approi'¢d for the help towards th¢ build.
R83erves PoliLy
The Leaguc still continue to support the hospital with r¢quests r￿e1ve￿ for equipm¢nt and n¢￿S Io i7llPTOV¢ the
servic¢ for patients and so the Trustees feel that giN'en tbe value of hospital equipmeDt and constru¢tion seTViC¢S
it is appropriate to keep a higb level ofTes¢D'¢s lo ¢nsure any assistance con b¢ 8iYen as and when needed.
Trustees, Responsibilities for the Financi81 Statements:
Law applicable to charities in England & Wales requires the trustees to prepare fllmllcial statements for eaeh fmancial year
,hich give a true and fair vieiv of th¢ Charilgs financial activities during the year and of its finafteial positiol) at ihe end of the
year. Tn preparing financial Ststemen￿ giving a trn￿ and fair view, the trustees f&re required to:_
select suitablL aLLounting PLilityics and apply them consistently-
make judgements and estitn&te5 that are rea60n3ble prudent:
state wbetber applicable 2ccountitkE sfAndards and statements of recoinmended practiGe have been followed,
subjcct to any departur¢s disclosed and explained li) the fin2ncÉ21 statemcnts.
prepare tbe financial stalement5' ou the going basis unless IL is inappiopriatr to PTesumc that thc ch￿lty
will contill￿e in operaiion.
The trustees are responsible for keeping accounting refjords which disclose with reasonable a¢ourd¢y the financial position of
th¢ Charity and which enable them lo ascertai￿ the financial position of the Charity and whioh enable them to ensur¢ that the
finan¢ial slatements comply with Section 132 of the Charities Act 201 l. They are also ￿sponSible for safeguarding the assets
of the Charity and hence for taking reasonable steps for the pr¢vention and det¢¢tion of fraud and other irregularities.
Sue Usmar
Chairperson

LEAC.UE OF FRLENDS OF THE VICTORIA MEMORIAL HOSPITAL WELSHPOOL
STATEMEP4T OF FIIIANCIAL ACTIIIITIES
FOR TIIE YEAR ENDED 31ST MARCH 2025
INCOME AND EXPENDITURE
Notes
2025
Total Funds
2024
Total Funds
Ineome Resourees:
Royaliics, Bcqucsts and Donalions
Fund-Raising Appeals
Investmcnt Incoinc
Total Income
47,825
91,033
21
11,245
102,299
10,415
58,240
Resources Expended:
Direct Charitable Eypenditure
Fund-Raising
Managem¢nt and Adrninistration
Tota] Expenditure
39,122
7,919
888
1,625
1,756
40,878
Net IncominE Resourcesl(Deficil) for thc Ycar
General Funds Brought Forward
17.362
1,054,40 I
91.X67
962,534
General Funds Carried Fonvard
io
1,071,763
1,054,401
The notes on pages 6 to 8 form an integral part of these accounts.

LEAGUE OF FIUEf4DS OF THE vI￿ORiA MEMORiAL HOSPITAL IVELSHPOOL
BALANCE SHEET AS AT 31ST TrL4RCH 2025
Notes
2025
2024
FIXED ASSETS
Investments
343
343
CURREIYT ASSETS
Cash at Bankers
1,071.780
1,071,780
1,054,418
1,054,418
CREDITORS
Amounts falling due wiihin one year
360
360
360
1,071.420
360
1,054,058
1,071,763
1054,401
TOTAL ASSETS LESS CURREN[ LL4BILITIES
General Funds
io
.071763
1054 4DI
1,071,763
1,054,4DI
Approved by the Trustees on 19th Janiiary 2026. and 5i8Ded on their behalf :_
ecretary
The notes on pages 6 to 8 forni an integral part of these accounts.

LEAGUE OF FRLENDS OF THE vicfoRtA MEMORtAL HOSPITAL WEiSHPOOL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST M,KRCH 202
ACCOUNTINC POLICIES
Basis of Aceountittg
The statement ot accounts have been prepared in accordance with Ihc Provisions ol Ihe Charities Ae( 2011. the Statement of
Recommended Practice Accoullting by Charities and applicable accouniing sLalldards.
Income
Dotthtions and legacies are accounLcd tOT whcn reccivcd by tbe AssociaLion. Other incoiue accounted for on an accrutsls basis
as tar as it 1% pmdent tn dr) so. Income includcs incomc lax rccovcrabl¢.
Gifts in Kind
The cbarity Teceived the benefit of work caJTied out by Folunteers without charg¢. No value is placed on these items.
Taxation
As a registered chariry, the League is generally ¢x¢mpt froffl Income Tax and Capital Gains Tax, but no[ from VAT.
Irrecovei'able VAT is included in the co.lt of thos¢ items lo which it relalcs.
Emvestmellts
Realis¢d gains and10sse5 ￿e taken to the Jn¢om¢ alld ￿pendIture account. tnvestment income Iw b¢en lak¢n into account on
Ibe basis of the due date of pa)Thent.
ROYALTJES, BEQUESTS AND DONA TIONS
2025
2024
Royaltieb
LL'gdLiL8 & Bequests
Gcn¢raE Donations
In Memory Donations
494
41,592
889
81,930
4,829
3,385
91,033
47.825
FUND RAISING APPEALS
Pa)pal - Cjiving Aid
Powys Castle Concert
2025
2024
20
21

LEACUE OF FRIEINDS OF THE VICTnRiA MEMORIAL HOSPITAL WEiSHPOOL
P40TES TO TifE ACCOUNTS
FOR THE YEAR ENDED 31 ST MARCII 2025
STMENT llw4co￿
Interest R￿c1Ved
- CaA Lnvestn]ent Management
Barclays
2025
2024
6.853
3,515
10368
8,386
2,818
11,204
Dividends Received - Lloyds Banking Group
47
10.415
41
11245
DTRECT CHARrrABLE EXPF.NDITURE
Pur¢hase of Medical Equipment
Christmas Presents
Gardcll Paillrlng and Materials
Patio Furnittwe
2 x Chair Scales
Caretray Trolley
UPVC Windows
Patio CvT]tribution
Canopy Contribution
PkLySiO dcp¥Klm¥nt wuiptnent
113
118
182
1.366
4,415
1,438
-518
7.694
3,004
26.500
1.693
39.122
7,919
39,122
7,919
FUNDRAISING EXPENDITURE
Marquee Hire- Summer Con¢¢rt
888
888

LEAGUE OF FRiENDS OF THE VICTORiA MEMO
NOTES TO THE ACCOUTriTS
FOR THE YEAR ENDED 31ST MARCH 202
OSPITAL WELSHPOOL
MANAGEMENT AYD ADTIqINISTRA TION
Attend/Relate: Subscription and Insurance
Officers, Expenses and Travel Costs
Ec¢lesiasli¢al Insurance
Baptist Church Donations and Room hire
Flowers, P¢n and gift box
Coffee morning supplies
Engraving, Tickets and Bookmarks
Independent Examiner's Fee
2025
21124
725
690
30
223
175
106
407
498
516
1,756
1,625
FIXED ASSETS II¥VESTMENTS
The League is the Registered Holder of 1621 Ordinary 25p shares in Lloyd5 Ballking Group plc, the market valu¢
olwhich on 3 1st March 2025 wa5 £1177. The original holding was acquired at £NIL cost on the deMu￿allSati0ll of
the Halifax Bui]ding Society &nd a further 928 shares were a¢quired during the year ended 3Lsi March 2010 via a
rigbis issue al a ¢osl of £343.
Market Value
Listed Investments
At )Isl March 2024 - 1621 Ordinary 25p Shares ffin Lloyds
Banking Group plc.
At 31st March 2025
Banking Group plc.
1621 Ordinary 25p Shar¢s ID Lloyds
CREDTTORS: Amounts fAlllng due within one year
ALLLiuntiAcy Fecs
360 £
360
io.
GENERAL FUF4DS
Total Fund5 Total Funds
2025
2024
I,054,401
962.534
58,240
102.299
40.878)
(10.432)
1,071763 £ 1054 401
At 31st March 2024
Income Resources for the Year
Outgoing Resources for the Year
At 31st March 2025
Net Current Assets
11171.763 £ 1,054,401

LEAGUE OF FRIEryDS OF THE VICTORIA MEMORLIL HOSPITAL WELSHPOOL
SCHEDULE OF BE
[IESTS AND GEThERAL DONATIONS
FOR THE YEAR FNDED 31 ST MARCH 2025
ROYALTIES
ITV Artistes
Eqiiity No 4 AcCo￿t
214
2SO
494
BEQUESTS
LEGACIES
Thwdora Hamer Harvey
40.000
1.000
284
308
41,592
J Carrick
Michael Rvgerb
GENERAL DONATIONS
Genernl Donations
F GTa5si- Op¢uing of garden
John Coop¢r
Forden Chapel
459
80
20
40
599
Tbis paue does not form part ol th¢ statutory account5.

EAGUE OF F
r4DS OF THE VICTORiA MEMORiAL HOSPITAL WE
SCHEDULE OF IN MEMORY DONATIONS
FOR THE YEAR ENDED 31ST MARCH 2025
SHPOOL
DONATIONS IN I¥IEMORY OF:
JMO Emeyt Sieffans
IMO William Arthur Powell
IMO Samuel Marston
IMO Teny Oiven
rmo Wyndham Powell
IMO Margftret Orrells
tmo Thomas Clive Ol￿en
IMO Keu Gannon
IMO lona Catherine Jon¢s
IMO George Victor Piigh
IMO Mytanwy Wilson
1250
20
200
60
200
770
685
425
330
5140
This page does not foTm part of the slathtory accounts.
io