REGisfERED CHARTfY NUMBEIL. 501058 Trustees. Report and UD2udlted Ffinan¢lal Slatenwits for the Year Ended 31 March 2024 for Sandwell Hospltal Lwue of Frlends Dalton Pardoe Limited 794 High Street Kingswinford West Midlands DY6 8BQ
Sandwell Hosphl Lague of Frkods Contents of the Finanelal StsteDDts for the Year Ended 31 Mareh 2024 Page I to 2 Indep¢ndeo¢ Examlner's Report Statellnt of FlnaDelal Aetfv5tles Statenxnt of Flnanelal Posltlon Notes lo the FIDan¢lal SIAt¢metsts Detalled St#ten*nt of Flnan¢lal Attfvltks io
Sandwell Hospltal iague of Friends for the Year Eoded 31 March 2024 The trustees present their report with the financial ststements of the charity for the year ended 31 Mar¢h 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Reconunended Practice appli¢abl¢ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republir of Ireland (FRS 102} (effective l January 2019). ORIEcfivES AIYD AcrIvrTIFS Objectives gnd aims The Charitys obje¢tives are:. To relieve patients of Sandwell Hospital who are SICK disabled. handicapped or infllm and generdlly to support the charitable work of the Sandwell Hospital and Sandwell Community Nurses. It delivers its public benefit by operating a soley volunteer staffed shop in the main reception of the hospital whi¢h s¢lls confectionary. drinks and personal items. The profits from the shop fimd a wt making programme for the wards and departtnents of the hospital. The shop is open 365 days each year and is used by anybody who enters the hospita] whether they are patients. staff, visitors or contraclor& Safeguardlng The charity has persoThs and adult safeguarding )licIeS in pla VolunteeTS The charity has over fify volunteer5. New volunteers are provided with suitable training and supervision. The charity openly welcomes enquiries from any member of the public to become a volunteer. ACHIEVEMENT AND PERFORMANCE Aehievements and P¢rfonnan¢¢ During the year, the opening hours of the shop have been contin1 to meet the hospital's needs. The shop also opens on Christmas Day. At weekends and bank holidays and late Oning the shop fillKtions as an unofficial hospital reception as office hospital reception is closed those time& FINANCIAL REVIEW The financial statements foT the year show the charitys shop to have achieved a turnovpJ of £83.036 net of VAT (2023 £72.354). Requests for grants are submitted by SWBH are considered by the truses of the charity and monies are paid out on reLript of the invoice for tIK sanctionol amounL Grants made in the year under review totalled £10.128 (2023 . £Nil ). Expenditure exceeded income by £7,954 in the year under review ( £11,441 excess of iDcorne over expenditure . 2023) with the result that funds reduced over the year from £40.124 as at 3 1st March 2023 to £32.170 as at 3 1st March 2024. FUTURE PLANS The charity will operate for as long as it is needed. Sandwell Hospitsl which is part of Sandwell and West Birniingham Health Authority is going through a change process due to the constiwtion of the Midland Metropolitan Hospitsl in Smethwick. The work of the hospital will alter but it is not yet possible to assess the impact of this on the charity. Page I
Sandwell Hospital League of Frlends Truslees, Report for the Year Ended 31 March 2024 STRucfuRE, GOVERNANCE AND MANAGEMENr The tharity has 17 trustees, who are drawi from the general membership of the charitys volunteers who are all members of the local community. A member of the hospital stsff provides infom1 advice on requ¢sts for wts to nd the purchase of medical equipment. The Board of Trustees is aware of the recommendations of the Charity Commission and follow these on all occasions. The Board r¢¢eives operational report4 reviews its finances and receives requests for grants at each of its meetings. Meetings ar¢ held at the hospitsl during the evening. Five Board meetings and an Annual General Meeling were held during th¢ year. The charitys affairs are largely governed by the Charities Act 2011 and the Value Added Tax Act 1994. The charity was registered on 26 August 1971. Its Governing document 15 a Constitution adopted on 7 July 1971 and subsequently amended on 2 April 1981 and 24 June 2013. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 501058 Prlncipal address Sandwell Hospital Lyndon West Bromwich West Midlands B714BS Trusttts Mrs J Devaney - Secretary Mrs S Jaundrill Mrs B Li55imore - Ass. Treasurer J Stockall Mrs J Cutting - Vice Chairperson Mrs P Gohel - CoQhairperson Mrs C Whittingham - CoThChaiTperson G Bates T J Fosey . Treasurer Mrs J Beighton IDdependent ExamSner Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 8BQ Approved by order of the board of trustees on 14 August 2024 and signed on its behalf by: Mrs C Whittingham - o-chairperson - Trustee Page 2
Independent Exanthierf$ Report to the Tru5ttts of Sandwell Hospital League of Frlends Independent examlner's report to tbe trnsttts of Sindwell Hospieal iAgue of Frlends I report to the charity trustees on my examination of the accounts of Sandwell Hospital League of Friends (the Trust) for the year ended 31 March 2024. Respon$1bllllf and basts of report As the charity tteeS of the Trust you are responsible for preparation of accounts in a¢¢ordance with the requirements of the Charities Act 2011 (Ihe Acff). I report in respect of my examination of the Tnt'S accounts carried out under Section 145 of the Act and in Carrying out my eTrInatiOn I have followed all applicabl¢ Directions given by the Charity Commission under Section 145(5)(b) of the A¢t. Independent ¢x#min¢r's ststement I have completed my examination. I confinn that no material matters have come to my attention in ¢onne¢tion with tl examinalion 8ivinB me cause to believe that in any material respect: a¢¢ounting rewrds were not kept in respe¢t of the as required by Section 130 of the Act; or the a¢¢ounts do not accord with those re¢ords; or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 Oth than any requirement that the a¢counts give a true and fair view which is not a matter Considered &$ part of an indeFndent examination. I have no ¢on¢erns and have ¢ome auoss no other matters in connedion with the examinalion to which attention slKiuld b¢ drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr C Dalton FCA Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 8BQ 14 AUgt 2024 Page 3
SaDdwell Hospital League of Frlends Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Unrestrleted fiind 31.3.23 Total funds Notes INCOME AND ENDOWMENTS FROM Other trnding activities Investment income 83,036 292 72.354 24 Totsl 83J28 72,378 EXPENDITURE ON Raising funds 79,723 58,266 Charltable aetlvltles - Expenditure 11.559 2.671 Totsl 91282 60.937 NET INCOMEI(EXPENDITURE) (7.954) RECONCILIATION OF FUNDS Total funds brought forward 40,124 28,683 TOTAL FUNDS CARRIED FORWARD 32,170 40.124 The notes forni part of these financial statements Page 4
Sandwell HospStAI League of Friends ststement of FSnancial Poslllon 31 March 2024 31.3.24 Unrestrleted fund 31.3.23 Total funds Note5 CURRENT ASSETS Siocks Cash at bank 2039 30J71 3,724 38.102 33310 41,826 CREDITORS Amounts falling due wiihin one year (1,040) (1,702) NET CURRENT ASSETS 32,170 40,124 TOTAL ASSETS LESS CURRENT LIABJLITIES 31170 40,124 NET ASSETS 31170 40.124 FUNDS Unrestricted funds: General fimd 10 32,170 40.124 TOTAL FUNDS 32,170 40,124 The financsal statements were approved by the BoaTd of Trustees and authori5ed for issue on 14 August 2024 and were signed on its behalf by: el - Co-Chairperson- Tntte The notes fomi part of th¢5e financial statements Page 5
Sandwell Hospitsi 8lle of Frlends Notes to Ibe Finaneial Statements for the Year Ended 31 Mar¢b 2024 ACCoU1NG POLICILS Bas1$ of preparfng the flnanelal statements Th¢ fll)ancial statements of the charity, which is a publi¢ Ixnefit enlity under FRS 102, have been prepared in aCrdance with the a)arities SORP (FRS 102) 'A¢¢cwnting and Reporting by Charities: Statem¢nl of Recommended Practice applicable to ¢harities pr¢paring their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Stsndard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Charilies Act 2011. The financial statements have been prepared under the historical CO convention. Ineome All income is Tolsed in the Statement of Financial Activities on¢¢ the ¢lwity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendllure Liabilities are YegnISed 8$ expenditiir¢ as soon as there is a legal or constructive obligation committing the ¢harity to that expenditure. it is probable thai a trnnsftr of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is account for on an accnAis b&sis and has been classified under headings that agw all st related to the category. Where costs cannot be directly attributed to particular headings they have Iw) alloced to tIVitieS on a basis consistent with the use of resources. Stoekq Stocks are valued ai the lower of cost and net realisable valu¢, after making due allowan(Y for obsolele and slow moving Items. Taxatlon The charity is exempt from tax on its Charitable activities. Fund #¢¢ountlng Unrestricted funds can be used in accordance with the chorithble objeclives at the d5s¢re¢ion of the trustees. Restrithd funds can only be used for particular Testricted purposes within the objects of the charity. Restricti0Th8 arise when specified by the donor or when fiuth are r3i5¢d for particular restricted purpose5. FurtlKr explanation of the nalure and purpose of each f(md is included in the notes lo the financial statements. OTHER TIL4DING AcfiviTIES 31J.24 Uorestrleted nds 31.3.23 Total funds Shop income 83,036 72,354 Page 6 ¢ontinued...
SaDthvell Hospital iAgue of Frlends Note5 to the Finaneial Ststements - ¢onliDu¢d for th¢ Year Ended 31 March 2024 INVEsfMENT INCOME 31J.24 Unre5tri¢t¢d funds 31.3.23 Totsl fund5 Deposit a¢¢ount interest 292 CHARITABLE AcfiviTIES COSTS Direct Costs (see note 5) Support Costs Totsls . Expenditir¢ 10,853 706 IIA59 DIRECTCOSTS OF CHAIUTABLE ACTIVITILS 31J.24 31.3.23 Running costs Grants paid 725 10,128 2.047 10,853 2.047 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 M8rch 2024 nor for the year ended 31 March 2023. Tntslees, ¢xp¢ns¢s There were no trwtees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcfiviTIES Unrestricled INCOME AND ENDoWMEfS FROM Other trading activities Invesknent income 72,354 24 Total 72,378 EXPENDITURE ON Raising funds 58266 Charltsble Actlvltks - Expenditure 2.671 Total 60,937 Page 7 continued...
Sandwell Hosphal Ixague of Friends Notss to the FancIal Stat¢m¢nts- eontlnlled for the Year Ended 31 Mareh 2024 COMPARATIVES FOR THE ATEMENT OF FINANCIAL A1VIT[&s - ¢ODtlnued Unrestricted NET INCOME RECONCILIATION OF FUNDS Total funds brought forw7rd 28,683 TOTAL FUNDS CARRIED FORWARD 40.124 OCKS 31J.24 31.323 Stocks 2,839 3.724 CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR 3AJ.24 31.3.23 VAT Accrued expenses 459 581 1,077 625 1,702 io. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.423 Unrestricted funds General fund 40,124 (7,954) 32,170 TOTAL FUNDS 40.124 (7.954) 32,170 Net movement in fimd& included in the above are as follows: tncoming Resources Movement in fim(ts Unrestricted funds Genml fund 83J28 (91382) (7.954) TOTAL FUNDS 83J28 (91382) (7.954) Page 8 continued...
SAndwell Hospital Lague of Friends Notes to the Financial Stsl¢ments- continued for the Year Ended 31 Mareh 2024 io. MOVEMENT IN FUNDS- ¢ontlnued Comparatfvu for rnovemenl In funds Nel movemt in fimds At 31.3.23 At 1.422 Unrestrleted funds General fiuKI 28.683 40,124 TOTAL FUNDS 28.683 11.441 40.124 Comparative net movement in fill included in the above are as follows: Incoming Movement in funds expended UDr¢strleted fvnds General fund r2J78 (60,937) TOTAL FUNDS 72.378 (60.937) 11.441 li. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024.
Sandwell Hoswtsi Lugue of Frlends Detsiled Stalement of Fitsanelal Aetfvilies ror the Y¢ar E*ded 31 Mareh 2024 31.3.24 31.3.23 Total funds INCOME AND ENDOWMEiYrs Other trnding aetlvltles Shop income 83.036 72,354 Investment income Deposit account interest 292 24 Total Ineomlng resources 83J28 72,378 EXPENDITURE Other tradlng aetlvltles Opening stock Purchases C105ing stock 3,724 78,838 (2,839) 3,013 58,977 (3,724) 79.723 58266 Chgrltsble Actlvltles Running costs Grants paid ns 10,128 2,047 10053 2,047 Support Costs Governance eosts Independent examination 706 624 Total resources expended 91,282 60,937 N¢¢ Ineon (7.954) This page doe5 not forni part of the slatutory financial SthteMts Page 10